Finance Controller - A Retail Company
Job Title: Finance Controller
Reports to: VP Finance
Location: Pune
Job Description:
You will be responsible for all accounting-related activities, including high-level accounting, managerial accounting, and finance activities including financial reporting, financial statements & analysis of financial data. Additionally, you will be required to collaborate effectively with the management team for review of financial performance.
Responsibilities:
Accounting Review & Closure
- Ensure accurate - monthly, quarterly & annual accounting close processes and reporting.
Key areas of focus will include, but are not limited to,
- Fixed Assets
- Receivables, Debtors Reconciliation
- Inventory
- Payables
- Compliances/taxation i.e., GST, TDS
- Ensure timely review and reports on monthly cost accounting, general ledger and balance sheet reviews
- Ensure adequate ongoing training in accounting and reporting personnel in applicable accounting frameworks
Financial Reporting
- Prepare accurate and timely financial statements in compliance with applicable accounting standards.
- Ensure proper documentation and maintenance of financial records.
- Present financial reports to executive management
- Cash Flow Management
- Monitor and manage cash flow to ensure liquidity needs are met.
- Implement strategies to optimize working capital.
Financial Planning and Analysis:
- Develop and manage the annual/quarterly budget in collaboration with department heads
- Conduct regular financial analysis and provide insights to support strategic decision-making.
- Monitor and report on key performance indicators (KPIs) to assess the financial health of the organization.
Internal Controls
- Establish and maintain effective internal control procedures to safeguard company assets.
- Conduct periodic internal audits to ensure compliance with financial policies and procedures.
Team Development/Leadership
- Lead and mentor the finance team, fostering a collaborative and high-performance culture.
Requirements:
- Minimum of 8 years of experience in accounting and financial reporting if you have Bachelor's degree in Accounting, Finance, or related field OR minimum of 5 years of experience if you have a master's degree or professional certification (e.g., CA).
- Strong understanding of Accounting, Company Laws and Compliances
- Demonstrated team management ability, confidence - ability to motivate team.
- Significant experience working with external auditors, internal controls and compliance related issues