Description:

Job Title: Financial Controller

Location: IDABollaram, Hyderabad

Department: Finance

Education: Charted Accountant (CA) mandatory

Industry: Manufacturing

Reports To: VP Finance / CFO

Experience Required: 10+ years in finance, accounting, and operational risk management, with ERP implementation experience and exposure to loss prevention strategies

Note: Manufacturing Industry experience is mandatory

Role Overview:

- The Financial Controller & Head of Loss Prevention is a dual-function leadership role responsible for ensuring the financial and operational integrity of the company.

- The role combines the traditional responsibilities of financial stewardship with proactive risk management, loss prevention, and fraud control.

- This position will lead all core accounting functions, internal control systems, ERP financial modules, and also oversee security, audit, and operational processes designed to minimize financial and inventory-related losses across the organization.

Key Skills & Competencies:

- Deep knowledge of Indian GAAP, Companies Act, GST, TDS

- Strong grasp of operational risk, fraud detection, and investigative protocols

- ERP system experience (SAP, Oracle, or custom ERP)

- Familiarity with security systems (CCTV, access control, incident tracking tools)

- Excellent analytical, leadership, and communication skills

- Ability to operate cross-functionally with IT, operations, security, and supply chain

Key Responsibilities:

Financial Reporting & Compliance:

- Supervise all accounting functions (GL, AR, AP, costing, payroll, inventory, fixed assets)

- Ensure timely and accurate monthly, quarterly, and annual financial closing

- Ensure compliance with statutory, tax, and audit requirements (GST, TDS, Companies Act, etc)

- Coordinate with auditors for internal, statutory, and tax audits

ERP Policy Definition:

- Define finance-related policies and business rules for ERP workflows (e.g., approvals, journal controls, tax mappings)

- Lead testing, validation, and sign-off of finance modules

- Collaborate with IT and ERP consultants to ensure accurate financial configurations

- Identify automation opportunities within finance processes and drive implementation

Internal Controls & Risk Management:

- Design and monitor financial and operational internal controls across business units

- Ensure accurate and timely reconciliations (bank, inventory, vendor/customer ledgers)

- Implement and enforce system-driven checks and documentation protocols

- Coordinate with cross-functional teams to build fraud prevention and detection systems

- Regularly assess risk exposure in high-value processes such as inventory, procurement, logistics, and cash management

Loss Prevention & Operational Risk Oversight:

- Develop and enforce loss prevention policies to reduce inventory shrinkage, theft, and fraud (internal/external)

- Design and monitor access controls, surveillance systems (CCTV), and incident reporting mechanisms

- Lead investigations into fraud, theft, and operational anomalies; coordinate with legal and law enforcement when needed

- Conduct periodic audits and site inspections to identify vulnerabilities and compliance gaps

- Collaborate with warehouse, retail, and supply chain teams to align security protocols with business workflows

- Analyze data to identify patterns of loss, fraud, or operational inefficiencies and take preventive actions

Team Leadership:

- Build and mentor a high-performing accounting and risk management team

- Establish SOPs for consistent, efficient accounting and loss prevention practices

- Train operational and finance teams on internal control, fraud awareness, and SOP adherence