Financial Controller

Job Description Our client is a reputed Indian Conglomerate in Infrastructure and they are hiring for a Financial Controller to be based at their Corporate office in Hyderabad. Reporting to CFO Level - VP Team Size - 10 plus Chartered Accountant (must) with 18 plus years of experience Must be from Companies with Turnover of 500 + crores- that's strictly required Job Purpose: Drive accurate preparation of the books of accounts and its timely reporting. Implement the financial/accounting systems and processes across the Sector. Develop strong relationships within the financial community and ensure that the working capital and funding requirements are met in a timely manner under the oversight of the Sector CFO Lead the Commercial Regulatory, banking , MIS and Receivables related activity towards achieving overall organizational efficiency in order to minimize cost of borrowings, tariff, liquidity, improve operational efficiency by preparing & monitoring a detailed Annual Operating Plan and maintain banking relationship & networking. Key Accountabilities: Finance strategy • Align the Sector finance strategy with the group finance strategy • Ensure timely preparation of AOP and budgets for business • Liaise with the Sector Finance Team and other key stakeholders to ensure that the financial plans are in sync with business plans • Lead the analysis of Business spends and work with the projects / assets teams to identify areas for cost optimization and improvement Financial reporting • Ensure timely preparation of monthly, quarterly and annual financial reports in adherence to accounting standards and Company standards of corporate governance. • Oversee monthly MIS reporting, receivables follow-ups, payment of taxes etc • Implement and maintain finance & accounting systems in alignment with statutory requirements Improve liquidity • Effectively Monitor and reporting of receivables • Follow-up with commercial team and customer for early payment against invoices Budgeting and Working capital • Drive the timely completion of the budgeting process and make arrangement for the working capital requirement for the Business  • Facilitate the process of budgeting and monitor the performance of departments, assets and projects against the defined budget performance parameters; identify areas of major deviations and recommend course corrective measures • Oversee the financial closure of projects before they become operational • Forecast working capital requirements of the Business and manage funding through appropriate channels under the oversight of the Sector CFO • Ensure funds disbursement on time for projects as well as operating assets requirements • Provide inputs on profit and loss statement for the Business to the Sector CFO Accounting & Audit • Responsible for periodic closure of the books and arrive at the financial performance of the organization including the supporting entities  • Responsible for review & maintenance of the books of accounts • Responsible for various audits – Statutory, Internal & Other audits Overview of tax compliances • Overview of various tax compliances by working closely with the Centralized Tax team Investor relations and secretarial • Oversight and guidance on equity and investor relations and updates to investors • Oversight on the secretarial function and ensuring compliance requirements Maintain relationships with banks and consortiums for funding requirements Team Development and Management • Engage with the team to motivate and foster teamwork, understand and address their concerns and provide a collaborative environment for them to develop. Check Your Resume for Match Upload your resume and our tool will compare it to the requirements for this job like recruiters do.