Financial Controller

Role Overview:

The FP&A and Accounts Head will be responsible for overseeing the organizations financial planning, budgeting, forecasting, MIS reporting, accounting operations, statutory compliance, and financial analysis. The role requires strong financial leadership to ensure accuracy in financial reporting, effective cost management, strategic decision support, and compliance with accounting standards and regulatory requirements.

Key Responsibilities:

1. Financial Planning & Analysis (FP&A)

• Lead annual budgeting, quarterly forecasting, and long-term financial planning processes.
• Prepare monthly MIS reports with detailed variance analysis against budgets and previous periods.
• Analyze business performance, profitability, margins, and operational costs.
• Develop financial models for business planning, expansion, and investment decisions.
• Monitor cash flow, working capital, and fund utilization.
• Provide strategic financial insights to management for decision-making.
• Track key financial KPIs and recommend corrective actions where required.
• Support management in pricing strategy, cost optimization, and profitability improvement initiatives.
• 2. Accounts & Financial Reporting
• Oversee end-to-end accounting operations including general ledger, accounts payable, accounts receivable, and reconciliations.
• Ensure timely preparation and finalization of monthly, quarterly, and annual financial statements.
• Maintain accuracy and integrity of financial records.
• Ensure compliance with accounting standards, company policies, and internal controls.
• Supervise bank reconciliations, ledger scrutiny, and closure of books of accounts.
• Coordinate with statutory auditors, internal auditors, and tax consultants.
• 3. Compliance & Taxation
• Ensure timely compliance with GST, TDS, Income Tax, and other statutory requirements.
• Review tax filings, returns, and assessments.
• Monitor changes in financial and taxation regulations and ensure implementation.
• Ensure compliance with audit requirements and statutory obligations.
• 4. Business Finance & Controls
• Establish and strengthen financial controls and SOPs.
• Conduct financial risk assessment and recommend mitigation measures.
• Drive automation and process improvements in finance and accounting functions.
• Ensure effective inventory accounting and cost controls.
• Monitor receivables and payables for efficient working capital management.

5. Team Leadership & Coordination

• Lead and mentor internal audit team members.
• Coordinate plant audits across multiple manufacturing locations.
• Collaborat with production, supply chain, procurement, and finance teams.
• Liaise with external auditors and regulatory authorities.

Key Result Areas:

• Accuracy and timeliness of financial reporting.
• Budget preparation and forecast accuracy.
• Effective cash flow and working capital management.
• Compliance with statutory and taxation requirements.
• Reduction in financial process inefficiencies and reporting timelines.
• Improvement in cost optimization and profitability analysis.
• Successful completion of audits without major observations.

Skills required:

• Strong financial analysis and budgeting skills
• Advanced Excel and financial modeling skills
• Experience with ERP/SAP systems
• Strong analytical and problem-solving abilities
• Leadership and team management skills
• Excellent communication and stakeholder management abilities