Finance Controller

Finance Controller - US MNC - Faridabad

Job Description:

General Accounting:

- Manage day-to-day accounting operations including journal entries, general ledger, reconciliations, accruals, and provisions.

- Ensure accurate and timely month-end, quarter-end, and year-end closing in compliance with accounting standards (IND AS / IFRS as applicable).

- Maintain fixed assets register, depreciation schedules, and ensure proper capitalization of assets.

- Oversee accounts payable and accounts receivable processes; ensure timely vendor payments and customer collections.

Financial Reporting & Compliance:

- Prepare monthly and quarterly financial statements, management reports, and variance analysis (budget vs. actuals).

- Support in preparation of annual financial statements and schedules for statutory audit, internal audit, and tax audit.

- Ensure adherence to SOX controls and internal control processes across accounting and finance functions.

- Assist in compliance with statutory requirements under Companies Act, Income Tax, GST, and other applicable laws.

Taxation & Regulatory Compliance:

- Support in direct and indirect taxation matters including GST returns, TDS compliance, and coordination with consultants.

- Ensure compliance with RBI/FEMA-related reporting as applicable.

Process Improvement & Cost Control:

- Identify opportunities to streamline accounting and treasury processes for greater efficiency and transparency.

- Strengthen internal controls to safeguard company assets and financial data integrity.

Cash Flow & Banking / Treasury Role:

- Prepare and monitor daily cash flow (actuals) and weekly/monthly cash flow projections to ensure liquidity and effective working capital management.

- Analyze cash inflows and outflows to forecast short-term and long-term funding requirements.

- Liaison with banks for day-to-day operations, credit facility renewals, loan documentation, and compliance reporting.

- Manage interest payments, loan amortization schedules, debt repayments, and voluntary prepayments.

- Prepare and submit monthly stock statements, financial follow-up reports (FFR), and covenant compliance certificates as required by lenders.

- Track borrowing notices and continuation of debt obligations; ensure timely execution of loan agreements and drawdowns.

- Work with business teams (Marketing, Logistics, Operations) for smooth flow of documents to banks (LCs, BGs, export-import documents, etc.).

- Evaluate and recommend cost reduction opportunities related to interest expenses, transaction charges, and bank service fees.

- Assist in monitoring foreign exchange exposures and compliance with FEMA guidelines (EDPMS/IDPMS).