Financial Controller

20 hours ago


Noida India Job express Full time

Job Description

Job Title: Financial Controller Repair Factory (IT

Hardware Services)

Location: Noida (with travel to Bangalore as required)

Reports To: CEO / CFO

Department: Finance & Accounts

Role Objective

We are seeking a seasoned Financial Controller to oversee the financial operations of our

repair factory (IT hardware services). The role involves financial reporting, cost control,

compliance, inventory monitoring, and strategic financial planning. The ideal candidate will

ensure profitability, optimize working capital, and provide actionable insights to support

business growth.

Key Responsibilities

- Financial Management & Reporting

Prepare and present monthly, quarterly, and annual financial statements (P&L,

Balance Sheet, Cash Flow).

Monitor repair revenue, spare part usage, and gross margins to ensure profitability.

Manage budgeting, forecasting, and variance analysis against turnover targets ( 80

Cr).

Prepare detailed MIS reports with factory-wise and vendor-wise profitability.

- Inventory & Cost Control

Oversee inventory management of spare parts (CPU, motherboards, etc.) with

accurate consumption records.

Implement FIFO method for stock valuation and costing.

Analyze repair vs. replacement costs to improve margins.

Track inventory ageing and vendor-wise purchase history.

- Billing & Receivables

Ensure accurate monthly billing to clients (warranty & service contracts).

Monitor receivables, credit terms, and collection efficiency.

Collaborate with sales/operations to reduce debtor days and improve cash flows.

- Compliance & Controls

Ensure compliance with GST, TDS, Income Tax, ROC, and statutory filings.

Establish internal financial controls to prevent fraud or misreporting.

Coordinate with auditors for statutory and tax audits.

- Strategic Support

Provide insights for pricing, procurement, and vendor negotiations.

Identify cost optimization opportunities in repairs and spare procurement.

Support expansion strategies, CAPEX planning, and growth initiatives.

Key Skills & Competencies

Strong knowledge of accounting standards, tax laws, and compliance.

Expertise in manufacturing/repair costing and inventory control.

Proficiency in ERP/accounting systems (SAP, Tally, Oracle, etc.).

Strong analytical mindset with financial interpretation skills.

Leadership skills to manage finance & accounts teams effectively.

Qualifications & Experience

CA / CMA / MBA (Finance) preferred.

712 years of experience in manufacturing, repair, or service industry finance.

Experience handling turnover of 50 100 Cr.

Hands-on knowledge of GST, TDS, and factory-related compliances.

Performance Metrics (KPI)

Accuracy & timeliness of financial reports.

Inventory variance (% difference between physical & system stock).

Reduction in inventory ageing (>180 days).

Receivable days (DSO) and collection efficiency.

Cost savings achieved through vendor negotiations.

Audit compliance with zero major observations.

Skills: financial reporting,financial control,gst,financial forecasting,tds,budgeting,compliance,financial planning



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