Finance Controller - CA - BFSI/Consulting

Finance Controller - CA - BFSI/Consulting

Job Description : Financial Controller

Principal Accountabilities :

- Responsible for complete Finance and Accounts for corporate office, Plant and other locations i.e R&D/Regions/Spares Business

- Responsible for Budgeting, planning, financial analysis and MIS

- Good working knowledge of ERP systems. Should be IT savvy

- Responsible for dealing and closing all issues with Statutory / Internal Auditors

- Responsible for instituting best of class internal control system/Internal audit systems

- Process driven . Should have good track record of implementing cross functional process improvements.

- Sound track record of efficient Cash flow management Receivables, Inventory, Payable and overall management of working capital cycle efficiently

- Treasury Operations Responsible for day today Treasury and banking operations, FX Risk Management

- Responsible for all Direct/Indirect tax compliances and Optimization thereof across the company

- Should be able to interact and influence the senior management team of company

Management :

- Maintain a documented system of accounting policies and procedures

- Manage outsourced functions

- Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives

- Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and procedures.

Transactions :

- Ensure that accounts payable are paid in a timely manner

- Ensure that all reasonable discounts are taken on accounts payable

- Ensure that accounts receivable are collected promptly

- Process payroll in a timely manner

- Ensure that periodic bank reconciliations are completed

- Ensure that required debt payments are made on a timely basis

- Maintain the chart of accounts

- Maintain an orderly accounting filing system

- Maintain a system of controls over accounting transactions

Reporting :

- Issue timely and complete financial statements

- Coordinate the preparation of the corporate annual report

- Recommend benchmarks against which to measure the performance of company operations

- Calculate and issue financial and operating metrics

- Manage the production of the annual budget and forecasts

- Calculate variances from the budget and report significant issues to management

- Provide for a system of management cost reports

- Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations

Compliance :

- Coordinate the provision of information to external auditors for the annual audit

- Monitor debt levels and compliance with debt covenants

- Comply with local, state, and federal government reporting requirements and tax filings

Additional Accountabilities :

- If the company is publicly held, then add a requirement to be responsible for the filing of quarterly and annual reports with the Securities and Exchange Commission

- If the company is a small one, then the controller likely assumes the responsibilities of the chief financial officer (CFO).