Finance Controller, Bangalore

1 day ago


India Coats Group plc Full time

**Date**:11 Feb 2025

**Location**: IN

**Company**:Coats

**Job Title**:Finance Controller

**Location**:Bangalore, India**

**Industry**:Manufacturing

**Key Responsibilities**:

- Accounts and Financial Reporting/Analysis:

- Ensure accurate and timely reporting of financial results (monthly, half yearly, yearly).
- Prepare and present financial reports to the IN-LT and Group, providing insights into the company's financial performance.
- Conduct financial analysis to provide insights on financial performance, trends, and key performance indicators (KPIs) to support data-driven decision-making.
- Comply with all accounting principles (IFRS & Ind AS), regulations, and reporting requirements.
- Lead audit assignments with external auditors (IFRS, Ind AS and Tax audit)
- Advance tax and tax workings.
- Budgeting and Cost Management:

- Develop and implement comprehensive budgets aligned with the company's strategic objectives.
- Monitor and analyze budgetary performance regularly to identify areas for cost optimization and efficiency improvement.
- Provide financial insights to department heads and management to support decision-making processes.
- Monitor cash flow fluctuations and develop strategies to mitigate potential risks.
- Internal Controls:

- Develop, implement, and monitor internal control systems (based on Key Control Framework) across all business process (not limited to Finance) and compliance with regulatory requirements.
- Conduct regular reviews and audits of internal controls to identify and address any deficiencies.
- Provide recommendations for improving internal control processes and ensure their effective implementation.
- Oversee secretarial compliance.
- Indirect Taxes:

- Management of GST and VAT/CST (legal cases).
- Ensure timely and accurate filing of monthly and annual returns.
- Improve awareness of GST compliance across all business functions.
- Handle GST assessments and ensure smooth closure of audits.
- Develop and implement indirect tax strategies to optimize the company's tax cash position and minimize liabilities.
- CA with 10+ years of post-qualification experience.
- 3+ years of experience of working in Big 6 (Deloitte / E&Y/ PWC/ KPMG/ GT / BDO) is a must.
- Experience of handling a team of 5+ members.
- Experience in manufacturing industry.
- Strong technical knowledge on IFRS and Ind AS is a must.
- Ability to actively coach and lead team members.
- Good communication skills


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