Finance Controller

4 weeks ago

Chennai, Tamil Nadu, India Solinas Integrity Pvt Ltd Full time

About Solinas Integrity Pvt Ltd:

Solinas Integrity Pvt Ltd is a mission-driven company that is revolutionising the fight against manual scavenging by empowering communities with cutting-edge robotics. Led by visionary minds, we're on a mission to make a real-world impact by improving safety, efficiency, and environmental sustainability in water infrastructure.

Job Description:

We are seeking an experienced candidate to be the Financial Controller of the company, closely working with the CEO and cross-functional teams. The role primarily involves leading collaborative finance management efforts across Manufacturing, R&D, and Employee Expenses, overseeing stakeholder management, and robust cost tracking. Additionally, the role will be responsible for setting up the Financial Planning and Analysis (FP&A) function, focusing on long-range strategy, pricing, budgeting, cash management, forecasting, and audit completion.

Key Responsibilities:

- Oversee and maintain strong control over the P&L of current business streams and new R&D projects, focusing on cost control, revenue generation, profitability enhancement, and operational efficiency

- Develop and implement financial plans, budgets, and forecasts in alignment with company goals and objectives

- Prepare comprehensive financial documents, including investor presentations, business plans, financial models, and projections

- Implement improvements in financial processes, modify system processes, and enhance reporting capabilities to improve efficiency

- Drive growth and cost reduction initiatives across manufacturing, business, and operations stakeholders

- Lead the development and implementation of Internal financial as well as operational controls. Assess and manage financial risks, such as market fluctuations, credit risks, and operational risks. Develop risk mitigation strategies and establish internal controls to safeguard the company's assets and ensure compliance with regulatory requirements

- Collaborate with various stakeholders, including business, projects, operations, HR, finance, and other functions, to evaluate and develop new standard reports to review business performance

- Work with the operations team on operational costs, preparation of operating plans, tracking actual costs against the budget, and reporting variances

- Oversee cash flow planning and ensure adequate liquidity to support the company's operations. Monitor cash management activities, including banking relationships, credit facilities, and cash forecasting

- Develop and distribute regular business updates related to key performance indicators (KPIs) such as collections, sales, and contribution margin

- Work closely with tax advisors to optimize the company's tax position both on direct and indirect taxes while ensuring compliance with applicable tax laws and regulations. Develop tax strategies, manage tax audits, and identify opportunities for tax savings

- Partner closely with the accounting team to ensure accurate financial reporting and provide decision support

- Ensure smooth completion of periodic audit requirements (both Statutory and Internal). Engage with the respective auditors to ensure timely completion

- Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements, in accordance with Indian Accounting Standards and regulatory requirements

Requirements:

- Qualified Chartered Accountant (CA) or professional certification (e.g., ICWA, CMA, CPA) is a plus. Candidates with prior experience in BIG4 firms, investment banking, and startups are preferred

- Proven expertise in cost accounting, cost management, financial modelling & reporting along with financial analysis

- Strong analytical skills with the ability to interpret complex financial data and provide actionable insights

- Proficiency in implementation of internal controls, budgeting, forecasting, and planning

- Excellent communication and business acumen

Why Solinas Integrity Pvt Ltd:

- Join a mission-driven team with a shared passion for solving global water challenges

- Work at the forefront of robotics and AI, shaping the future of an essential industry

- Make a real-world impact by improving safety, efficiency, and environmental sustainability in water infrastructure

- Solinas Integrity Pvt Ltd is an equal opportunity employer and seeks to increase diversity and inclusion in its operations

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