Financial Controller

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.