Business Finance Controller

About the Role:

We are seeking a highly motivated and analytical Assistant Manager - Finance (Business Controller) to partner with business functions and drive financial performance. The role will be responsible for customer P&L management, financial planning & analysis, business partnering, management reporting, timesheet governance, and audit support while ensuring strong financial controls and compliance.

Key Responsibilities:

Business Partnering:

• Partner with Sales, Operations, Procurement, Engineering, and Program Management teams.
• Provide financial insights and recommendations to support strategic business decisions.
• Support contract reviews from commercial (pricing) and financial perspectives.

Customer Finance Management:

• Own the customer P&L, including Revenue, Gross Margin, Contribution Margin, EBITDA, and Working Capital.
• Ensure timely customer billing, revenue recognition, and compliance with contractual terms.
• Review customer change requests (ECO/ECN), engineering changes, and commercial impacts to ensure cost recovery.
• Prepare customer-wise financial dashboards and present performance reviews to Business Heads and Senior Leadership.
• Drive monthly customer business reviews with Sales, Program Management, Operations, and Procurement teams to improve financial performance.
• Monitor customer credit exposure, overdue receivables, and collection plans to optimize working capital.

Timesheet Management:

• Govern the end-to-end Design & Development (D&D) timesheet process, ensuring timely and accurate submission and approval.
• Validate timesheet hours against project plans, customer contracts, and approved resource allocations.
• Ensure accurate allocation of employee hours to billable, non-billable, internal R&D, customer-funded development, and support activities.
• Monitor employee utilization, billable utilization, and project-wise effort against approved budgets.

Financial Planning & Analysis (FP&A):

• Ensure accurate revenue recognition in accordance with applicable accounting standards.
• Prepare annual budgets, quarterly forecasts, and monthly financial projections.
• Perform variance analysis against Budget, Forecast, and Prior Year performance.
• Post adjustments and provisions based on findings from P&L variance analysis.

Management Reporting:

• Manage MIS reporting, financial reporting, balance sheet reconciliations, and governance controls.
• Prepare quarterly financial statements and cash flow statements for CFO and auditor review and sign-off.

Audit & Compliance:

• Act as the finance SPOC for Internal, Statutory, Cost, Tax, and Customer audits related to the assigned business unit or customers.
• Ensure availability, accuracy, and timely submission of financial records, schedules, and supporting documents required for audits.
• Monitor revenue recognition, inventory valuation, cost allocation, capitalization, and provisioning to ensure compliance with applicable accounting standards and company policies.

Qualifications:

Education - Bachelor of Commerce (B.Com)

Professional Certifications:

• Relevant finance/accounting certifications will be an added advantage.

Experience:

• Minimum 8+ years of relevant experience in Finance, Business Controlling, Financial Planning & Analysis, or related functions.
• Experience in the IT Industry preferred.

Technical Skills:

• Hands-on experience with SAP or any ERP system.
• Advanced proficiency in Microsoft Excel.
• Strong understanding of financial reporting, budgeting, forecasting, revenue recognition, and business controlling.

Behavioral Competencies:

• Strong Communication Skills
• Teamwork & Collaboration
• Problem Solving & Analytical Thinking
• Leadership and Stakeholder Management

Preferred Candidate Profile:

• Strong business partnering mindset with the ability to work cross-functionally.
• Excellent analytical and presentation skills.
• Ability to manage multiple stakeholders and drive financial performance improvements.
• Experience in customer P&L management, working capital monitoring, and financial governance.

If you are passionate about driving business performance through financial insights and partnering with stakeholders to create value, we invite you to join our Finance team.