Senior financial controller

3 weeks ago


Mumbai, India Crompton Greaves Consumer Electricals Limited Full time
Job Description –DGM Finance Controller
Educational Qualification: Chartered Accountant
Work Experience- The ideal candidate should possess 7-12 years of post-qualification experience, in a listed company.
A strong background in financial reporting and Corporate Accounts is essential, along with a comprehensive understanding of Ind AS.
Principal Accountabilities:
1. As the custodian of the Company level trial balance, the individual is tasked with delivering monthly reviews to the CFO/ Finance controller. This includes presenting comprehensive analyses of Month-over-Month (MOM) and Quarter-over-Quarter (QOQ) variances, as well as comparisons between budgeted and actual figures.
2. The individual is responsible for reviewing and ensuring the timely preparation and reporting of Company level Consolidated and standalone financials, adhering to relevant statutes and regulatory requirements. Individual has to ensure all the AGM related requirements are adhered to.
3. The individual will play a crucial role in crafting various presentations, or "decks," which will be subsequently presented to the Board and Audit Committee.
4. Issuing timely guidelines to all relevant stakeholders is a key responsibility, specifically focusing on the accurate accounting of company transactions in accordance with Ind AS, company policies, and other applicable requirements. Prepare, review and modify accounting policies and guidelines from time to time to reflect changes and amendments in the regulatory rules.
5. Preparation of Consolidated financial statements and overseeing subsidiary financials.
6. Ensuring strict compliance with all statutory requirements and effectively managing audit processes.
7. Taking the initiative to implement process improvements, enhancing the overall robustness of the accounting function.
8. Spearheading the corporate finance budget preparation process and implementing effective monitoring and control mechanisms for corporate expenses through rigorous budgetary controls.
9. Coordinating with statutory and internal auditors in order to ensure that audit is conducted smoothly
Experience/Knowledge:
Team Manager experience is must
Working experience with SAP.
Proficient knowledge of Ind AS.
Proficient knowledge of MS-Office.

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