Finance Controller - Gems & Jewellery - CA

About the Role:

We are looking for an experienced and detail-oriented Finance Controller to lead the finance and accounts function of the organisation. The ideal candidate will be a Chartered Accountant with a strong background in financial control, compliance, and reporting, preferably with exposure to the gold loan, bullion, NBFC, or financial services industry. This role requires a strategic thinker who can ensure financial discipline, regulatory compliance, and support business growth through sound financial governance.

Key Responsibilities:

Financial Control & Reporting:

- Oversee preparation of accurate and timely monthly, quarterly, and annual financial statements in line with applicable accounting standards (Ind AS/IGAAP).

- Ensure robust internal financial controls (IFC) are designed, implemented, and monitored across the organisation.

- Manage the monthly closing process, including reconciliations, accruals, and variance analysis.

- Present financial performance reports, MIS, and dashboards to senior management and the board.

Compliance & Regulatory:

- Ensure compliance with statutory requirements - Income Tax, GST, TDS, RBI/NBFC regulations (if applicable), Companies Act, and other applicable laws.

- Liaise with statutory auditors, internal auditors, tax consultants, and regulatory authorities.

- Ensure timely filing of returns, audits, and regulatory submissions.

- Stay updated on changes in gold loan/bullion trade regulations, RBI guidelines, and financial compliance norms.

Treasury & Cash Flow Management:

- Monitor daily cash flow, fund positions, and working capital requirements.

- Manage banking relationships, credit facilities, and gold-backed lending/borrowing arrangements.

- Oversee gold inventory valuation, hedging strategies, and price risk management (if applicable to bullion operations).

Budgeting & Financial Planning:

- Lead the annual budgeting process and periodic forecasting/re-forecasting.

- Conduct cost analysis and identify areas for cost optimization and margin improvement.

- Support business heads with financial insights for strategic decision-making.

Audit & Risk Management:

- Coordinate statutory, internal, and tax audits; ensure timely closure of audit observations.

- Identify financial risks and implement mitigation controls.

- Ensure adequate documentation and audit trails for all financial transactions.

Team Leadership:

- Lead, mentor, and manage the finance and accounts team.

- Set performance goals, review team output, and build finance function capability.

- Coordinate cross-functionally with operations, compliance, HR, and business teams.

Required Qualifications & Experience:

- Chartered Accountant (CA) - mandatory.

- Minimum 8+ years of post-qualification experience in finance/accounts, with at least 3 years in a leadership/controllership role.

- Prior experience in gold loan companies, NBFCs, bullion trading, jewellery, or the financial services industry is strongly preferred.

- Strong knowledge of Ind AS/IGAAP, Income Tax, GST, and RBI/NBFC regulatory framework.

- Hands-on experience with ERP/accounting systems (Tally, SAP, Oracle, or similar) and MS Excel.

- Proven experience managing statutory and internal audits.

Key Skills:

- Strong analytical and financial acumen

- Excellent knowledge of regulatory and statutory compliance

- Strong leadership and people management skills

- High attention to detail and accuracy

- Strong communication and stakeholder management skills

- Ability to work under pressure and manage multiple priorities

- Integrity and sound ethical judgment (critical given handling of high-value gold assets)

What We Offer:

- Competitive compensation aligned with industry standards

- Leadership role with direct exposure to senior management/board

- Opportunity to shape financial governance in a growing organization