Finance Controller - Home Furnishing Business

Finance Controller - Home Furnishing

Role: Finance Controller

Level: General Manager

Reports to: CFO

Direct Reports: 5 to 7

Location: Bangalore

Travel: 25% (To factories, Locations)

Hiring for: A fast-growing home furnishing brand. A 'Great Place to Work' certified organization.

Role Summary:

The primary purpose of this position is to manage and direct daily accounting activities; ensure that proper accounting and recording of company transactions are performed in an accurate and timely manner and produce financial and other key reports for management decision-making. The incumbent Financial Controller will Lead the group-level audits and facilitate high standards across the group for financial accounting.

Essential Job Functions:

- Lead the Accounting Department staff and financial functions.

- Responsible for the preparation of the company's financial statements.

- Supervise the activities of all the accounting staff (A/P, A/R etc.).

- Oversees month-end closing and year-end closing and coordinates and assigns duties to the accounting staff as needed.

- Maintain Accounting systems and Software to ensure the proper, complete, and accurate record-keeping of accounting company transactions are performed within the best accounting principles.

- Evaluates departmental performance and makes adjustments to daily operations when needed to ensure the department meets overall goals and objectives.

- Provides training, guidance, and direction to employees to ensure work is performed in an efficient, timely, and knowledgeable manner.

- Update contracts with the company's members and communicate changes to members of the accounting staff.

- Works directly with Sales, Supply Chain and Operations Department on sales or other related initiatives to ensure robust accounting processes at all times.

- Lead the preparation of financial statements, sales reports, commission reports, analysis, and other reports for management reviews on a scheduled or unprompted basis.

- Maintains and reconciles the fixed assets to the general ledger of the company.

- Prepare multiple state agency reports for tax purposes.

- Confers with upper management about budgeting and reviewing strategies to meet overall goals and objectives.

- Maintains good corporate relations with customers, vendors, banking institutions, auditors, owner companies and other affiliates.

- Works closely with financial institutions concerning banking activity changes, enhancements and charges.

- Produces the quarterly, half-yearly and annual filings.

- Manages the CSR accounting as per the statutory norms.

- Works on special projects as needed.

- Workers Compensation reporting for statutory filings.

- Works directly with external auditors during the annual year-end audit

- Coordinates year-end audit with external auditors and assists in the preparation of audit schedules, data, and information.

- Works closely with the accounting staff to coordinate efforts to provide needed information for the auditors.

- Ensures required information is readily available.

- Maintains the scope of the audit within the prescribed boundaries.

- Conducts internal audits of processes, records and information.

- Directs the implementation of needed corrections as determined by audit

Knowledge, Skills, and Abilities:

- Must have strong reporting skills

- Must have managerial skills and be able to function in a supervisory role

- Knowledge of contract law or other laws which directly relate to this role

- Must be able to maintain confidentiality

- Must be able to prioritize work to meet scheduled deadlines while handling multiple tasks

- Must have excellent accounting skills, strong organization and communication skills

- Ability to function as a team player

- Ability to function in a leadership role

- Ability to work with scheduled deadlines

Education and Experience:

- CA with 12+ years of post-qualification experience

- 12 - 15 years of financial closing experience (month-end and year-end) required

- Minimum ten years of progressive accounting experience

- Minimum of five years of supervisory experience is required

- Preferred background in manufacturing/consumer goods/FMCG/Retail

- Experience in handling a business turnover of over 700 Cr per annum.