Financial Controller

4 days ago

Chennai, Tamil Nadu, India Nac Jewellers Full time ₹ 8,00,000 - ₹ 24,00,000 per year

Job description

Finance Controller- NAC JEWELLERY

Financial Reporting & Compliance

  • Preparation of monthly, quarterly and annual financial statements as per applicable laws and applicable accounting standards.
  • Ensure accurate accounting and recording of gold, diamond, and stone inventory, considering karat, weight, wastage, and valuation.
  • Coordinate with statutory, internal, and tax auditors for audits and compliance checks.
  • Maintain Books of Accounts in compliance with MCA regulations, and GST norms, especially for bullion and jewellery trade
  • Automation possibilities in the accounting function
  • Monthly P&L review with the directors
  • Revenue Controlling and growth
  • Store-wise performance accounting and management

Budgeting, Forecasting & MIS

  • Lead annual budgeting and seasonal demand forecasting (festive, wedding seasons, etc.). Monitor actuals vs budgeted sales, margins, and overheads.
  • Prepare MIS reports including: Sales vs margin (item-wise / branch-wise), Inventory turnover ratio, Working capital analysis, materials costing, payroll, and compliance.

    Cash Flow & Treasury Management
  • Maintain relationships with banks for - Overdrafts, CC limits, or term loans.
  • Negotiate terms and monitor interest, stock statements, and drawing power calculations.
  • Prepare documents for loan renewal and compliance with bank covenants.
  • Manage bank loan facilities with scheduled repayments and interest tracking.
  • Oversee daily cash flows, high-value customer advances, and gold purchase payments.
  • Ensure optimum working capital utilisation, especially in managing stock and vendor payments.
  • Receivables management

Inventory Accounting & Valuation

  • Oversee inventory accounting (karat-wise, purity-wise, and category-wise).
  • Ensure accurate valuation of finished goods, bullion, and raw gold.
  • Reconcile physical inventory with books during stock audits and surprise checks.

  • Coordinate verification with operations for barcoding, loss tracking, and hallmark verification

    Taxation & Regulatory Compliance

    Preparation of a compliance framework for the company

  • Adherence and monitoring of the compliance universe

  • Submission of the compliance report to the Directors of the company

  • Internal Controls & SOPs

  • Design and enforce SOPs for purchases, sales, and vendor payments, employee payments, etc.

  • Update the SOPs from time to time

  • Team Management

  • Lead the accounts, taxation, and MIS team across HO and branches.

  • Ensure timely closure of books, branch reporting, and inter-branch reconciliations.
  • Conduct regular training on tax updates, accounting system usage and compliance.

Industry

  • Retail Luxury Goods and Jewelry

Employment Type

Full-time

  • Financial Controller

    2 days ago

    Chennai, Tamil Nadu, India Jesus Calls Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    Position OverviewThe Finance Controller will be responsible for leading the organization's overall financial administration, ensuring sound financial management, compliance, and strategic planning. This senior role requires a seasoned finance leader with over 20 years of experience in budgeting, cost control, financial forecasting, fundraising strategies,...

  • Financial Controller

    2 days ago

    Chennai, Tamil Nadu, India Treeline Business Solutions Pvt. Ltd. Full time ₹ 1,50,000 - ₹ 2,00,000 per year

    Company OverviewTreeline Business Solutions Pvt. Ltd. is a distinguished provider of Business Process Outsourcing, Knowledge Process Outsourcing, Recruitment Process Outsourcing, IT Outsourcing, and consulting services. With headquarters in Chennai and operations across India, USA, GCC, and Africa, Treeline is known for high-quality service, confidentiality,...

  • Financial Controller

    2 days ago

    Chennai, Tamil Nadu, India Adiuvo Diagnostics Pvt. Ltd. Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Job Description – Financial Controller (Head)Companies:Teralumen, Ayur.AI, and Adiuvo Diagnostics Pvt. Ltd.Location:SIPCOT, ChennaiEmployment Type:Full-time (Monday–Saturday, 2nd & 4th Saturday off)Experience Required:3–5 years in Accounting/FinanceQualification:Chartered Accountant (CA) – MandatoryAbout the GroupTeralumen, Ayur.AI, and Adiuvo...

  • Financial Controller

    2 days ago

    Chennai, Tamil Nadu, India Prompt Solutions Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Company DescriptionAt Prompt Solutions, As Talent aquistion partner, We believe that the right talent with the right attitude and culture is key to organizational growth. Hence, We focus on finding the perfect fit for our Client partner to help scale their planned growth. Our mission is to support organizations in their quest for the right talent to build...

  • Financial Controller

    4 days ago

    Chennai, Tamil Nadu, India Ayur Full time ₹ 10,00,000 - ₹ 25,00,000 per year

    Job Title:Senior Financial ControllerLocation:SIPCOT, ChennaiEmployment Type:Full-timeExperience Required:3-5 years in Accounting/Finance/CAAbout the RoleWe are looking for a detail-oriented and strategic Financial Controller to oversee and manage all financial aspects of our company. The ideal candidate will be responsible for budgeting, forecasting,...

  • Financial Controller

    2 days ago

    Chennai, Tamil Nadu, India Naukri Hospitality Jobs Full time ₹ 8,33,333 - ₹ 25,00,000 per year

    We are looking for a skilled Financial Controller to join our team in the hospitality industry. The ideal candidate will have a strong background in financial management and accounting, with excellent analytical and problem-solving skills.Roles and ResponsibilityOversee daily accounting operations, including accounts payable, accounts receivable, and general...

  • AVP Financial Control

    2 days ago

    Chennai, Tamil Nadu, India Barclays Full time ₹ 1,04,000 - ₹ 1,30,878 per year

    Date live:09/09/2025Business Area:FinanceArea of Expertise:FinanceContract:PermanentReference Code:JR Join us as an "AVP Financial Control" at Barclays, where you will be involved in preparation and financial statements, and accounting records in accordance with the relevant accounting standards. You'll spearhead the evolution of our digital landscape,...

  • SME- financial controlling and External Reporting

    1 week ago

    Chennai, Tamil Nadu, India Integrated Personnel Services Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Process specific responsibilitiesPosition Overview:The Financial Controller is responsible for overseeing the companys financial controlling functions. This role ensures the accurate and timely preparation of financial statements,filings, and regulatory compliance. The professional in this position works closely with the finance, accounting, and legal...

  • Assistant Vice President-Financial Controller

    4 days ago

    Chennai, Tamil Nadu, India Barclays Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Join us as an "Assistant Vice President-Financial Controller" at Barclays, where you will be involved in preparation and financial statements, and accounting records in accordance with the relevant accounting standards. You'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to...

  • Cluster Financial Controller

    4 days ago

    Chennai, Tamil Nadu, India MAERSK Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    OpportunityIndependently handles the finance and accounting of a country cluster ofsignificant size, revenue and complexityManages a team to deliver the day to day accounting.Ensures true and fair view of financials are published effectivelyHas responsibility for timely closure of books of accounts, reporting of financials, manages day to day accounting....