Financial Controller

Job purpose: This position is responsible for ensuring the company's financial stability, guiding strategic financial planning, and aligning financial activities with business goals. Location: Hyderabad, Telangana State, India Reports To: MD / CEO Currently the organisation follows hybrid work model.

Key Responsibilities:

1. Financial Planning & Strategy:

• Develop and implement the companys financial strategy, aligning with overall business objectives.

• Prepare and present financial forecasts, budgets, and strategic plans to MD/CEO.

• Analyse financial performance and advise on strategies to optimize profitability and growth.

• Monitor economic trends and industry developments in the IT/ITES and Pharma sectors to anticipate financial opportunities and risks.

1. Financial Operations & Control:

• Oversee the day-to-day financial operations, including accounting, billing, payroll, accounts receivable/payable, and banking relationships in both India and the US.

• Ensure accuracy, timeliness, and compliance with GAAP/IFRS and applicable local regulatory requirements.

• Implement and maintain robust internal controls to safeguard company assets and ensure proper financial reporting.

• Supervise the preparation and timely filing of financial statements and tax returns, ensuring adherence to statutory deadlines.

1. Budgeting & Forecasting:

• Lead the annual budgeting process, ensuring alignment with the companys strategic goals.

• Analyse variances between actual performance and budget, and provide recommendations for corrective actions.

• Develop cash flow forecasts and manage working capital to ensure operational liquidity.

1. Risk Management & Compliance:

• Identify and assess financial risks, including currency exchange risk between India and US operations, and implement strategies to mitigate them.

• Ensure compliance with all financial regulations and guidelines in both countries, including tax laws, transfer pricing, and reporting requirements.

• Oversee audits (internal and external) and manage relationships with auditors and regulatory authorities.

1. Strategic Decision Support:

• Serve as a key advisor to the CEO on financial matters and business strategy.

• Provide financial insights for critical business decisions, including investments, mergers & acquisitions, and new service line launches.

• Evaluate the financial viability of client contracts, pricing strategies, and new market entry to optimize profitability.

1. Team Leadership & Development:

• Lead and mentor a team of finance professionals, fostering a culture of continuous learning and excellence.

• Implement best practices for financial processes and systems to drive efficiency and accuracy.

• Conduct performance evaluations and identify training needs to support professional growth within the finance team.

Qualifications & Skills:

• Education: CA

• Experience: 8-15 years of experience in a similar role, preferably in an IT/ITES company engaged or client services / product development

• Industry Knowledge: Good understanding of the IT/ITES and Pharma sector, client service models, cost structures, and market trends.

• International Exposure: Working experience in managing financial operations across multiple geographies, particularly in US and UK.

• Technical Skills: Proficiency in financial software and advanced Excel skills.

• Analytical & Strategic Thinking: Ability to analyse complex financial data and present actionable insights to stakeholders.

• Leadership & Communication: Strong leadership skills with the ability to effectively communicate with executive management, clients, and cross functional teams.

Key Competencies:

• Attention to Detail: Accuracy and precision in managing financial records and reports.

• Problem-Solving: Ability to identify financial issues and implement effective solutions.

• Adaptability: Flexibility to operate in a dynamic business environment with diverse market conditions.

• Ethics & Integrity: Upholding high ethical standards and integrity in financial management.

Compensation:

• Competitive salary based on experience, with performance-linked incentives.

• Benefits include health insurance, retirement plans, and relocation assistance (if applicable).