Financial Controller

12 hours ago

Hyderabad, Telangana, India Space Inventive Full time

Job Description – Finance Controller

About Company:

Space Inventive is an innovative technology company that is building the future with AI-driven products and data analytics solutions . We drive innovation across industries such as Pharma, Healthcare, Finance and HR . By combining cutting-edge technology with deep domain expertise, we deliver solutions that are not only intelligent and scalable but also fully aligned with the highest standards of compliance and risk management .

Job Summary:

Space Inventive is seeking a Finance Controller to play a a crucial leadership role in shaping our financial strategy to catalyse our ambition. Reporting directly to the CEO/MD, this role is responsible for overseeing all financial operations across India and the US, including planning, budgeting, compliance, reporting, and internal controls. The Finance Controller will provide strategic financial insights, ensure regulatory adherence, and implement robust financial processes that align with the company's goals towards long-term financial sustainability and operational excellence. 

Location: Hyderabad, India

Reports to: MD / CEO

Work mode: Hybrid work mode

Key Responsibilities:

1. Financial Planning & Strategy:

  • Develop and implement the company's financial strategy, aligning with overall business objectives.
  • Prepare and present financial forecasts, budgets, and strategic plans to MD/CEO.
  • Analyse financial performance and advise on strategies to optimize profitability and growth.
  • Monitor economic trends and industry developments in the IT/ITES and Pharma sectors to anticipate financial opportunities and risks.

2. Financial Operations & Control:

  • Oversee the day-to-day financial operations, including accounting, billing, payroll, accounts receivable/payable, and banking relationships in both India and the US.
  • Ensure accuracy, timeliness, and compliance with GAAP/IFRS and applicable local regulatory requirements.
  • Implement and maintain robust internal controls to safeguard company assets and ensure proper financial reporting.
  • Supervise the preparation and timely filing of financial statements and tax returns, ensuring adherence to statutory deadlines.

3. Budgeting & Forecasting:

  • Lead the annual budgeting process, ensuring alignment with the company's strategic goals.
  • Analyse variances between actual performance and budget, and provide recommendations for corrective actions.
  • Develop cash flow forecasts and manage working capital to ensure operational liquidity.

4. Risk Management & Compliance:

  • Identify and assess financial risks, including currency exchange risk between India and US operations, and implement strategies to mitigate them.
  • Ensure compliance with all financial regulations and guidelines in both countries, including tax laws,

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