Finance Controller

2 weeks ago

Ernakulam, India SADSANG ENGINEERING Full time

JOB TITLE -FINANCE CONTROLLER
- REPORTING TO VP OPERATIONS
- REPORTED BY PURCHASE, STORES & INVENTORY, FINANCE & ACCOUNTS, QA/AUDITS
- ROLE SUMMARY

Overseeing financial operations within the company, ensuring accuracy, compliance, and efficiency across various departments including purchase, stores and inventory, finance and accounts, and QA/audit.

PRINCIPAL DUTIES AND RESPONSIBILITIES
- Develop and implement financial strategies, plans, and policies aligned with organizational goals and objectives.
- Conduct financial analysis, forecasting, and modeling to support strategic decision making and resource allocation.
- Provide timely and accurate financial reports, including budget variance analysis, to senior management.
- Lead the annual budgeting process, collaborating with department heads to establish realistic budgets and financial targets.
- Monitor budget performance, identify variances, and implement corrective actions as necessary.
- Prepare financial forecasts and projections to support long-term planning and investment decisions
- Oversee the preparation of financial statements, ensuring compliance with accounting standards and regulatory requirements.
- Coordinate internal and external audits, liaising with auditors and ensuring timely completion of audit processes.
- Collaborate with the procurement team to optimize purchasing processes, negotiate supplier contracts, and control costs.
- Oversee inventory management procedures, ensuring accurate valuation, adequate controls, and optimization of inventory levels.
- Manage day-to-day finance and accounting operations, including accounts payable, accounts receivable, and general ledger functions.
- Verify the financial transactions, payroll, and tax filings.
- Monitor cash flow, liquidity, and working capital requirements to support operational needs and financial stability.
- Establish and maintain quality assurance processes and standards to ensure accuracy and reliability of financial data.
- Implement recommendations from audit reports to strengthen internal controls and improve operational efficiency.
- Conduct detailed analysis of project costs, including budget v/s actual comparisons, cost benefit analysis, and variance analysis
- Provide regular updates and insights on project financial performance to senior management and project teams
- Oversee and verify the accounting duties performed by the accounting team, ensuring accuracy and compliance with accounting principles
- Review financial transactions, journal entries, and reconciliation to identify discrepancies and ensure data integrity Note: The principal responsibilities listed above are an illustrative list and not an exhaustive list.
- The principal responsibilities listed above are an illustrative list and not an exhaustive list. Additional responsibilities may be added from time to time depending on organizational requirements.

QUALIFICATION AND EXPERIENCE REQUIRED

PREFERRED EDUCATION - ICWA / CMA ICWA / CMA

EXPERIENCE 8 - 10 Years in Relevant Field

**Job Types**: Full-time, Permanent

**Salary**: ₹50,000.00 - ₹75,000.00 per month

Schedule:

- Day shift

Work Location: In person

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