06/11 Tobias
Human Resources at The Phoenix Mills Ltd.

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The Phoenix Mills - Unit Finance Controller - CA (10-14 yrs)

Chennai Job Code: 862731

Job Title : Unit Finance Controller

Department / Division : Finance & Accounts

External Interface :


- Financial institutions/ Corporate bodies

- Auditors

- Statutory/ Regulatory agencies

- Retailers

- Vendors/ Agencies

Minimum Qualification : Chartered Accountant

Minimum Experience :

- 8-12 years of industry experience in the finance function with a knowledge of retail operations

Special Skills/Attributes :


- In-depth Knowledge of Accounting Standards & Systems

- Understanding of Statutory/Regulatory Compliance Management

- Understanding of Financial Risk Management framework

- Principals of Tax Management

Overall Purpose/Objective :

Of the job Drive the financial planning and support the formulation of the short term and medium term business plan for the Center. Ensure operational efficiency and fiscal discipline by developing and implementing appropriate processes and systems in accordance with statutory requirements, corporate policies and procedures

Key Responsibilities :

- Develop the financial strategy, goals and targets for the Centre in line with corporate philosophy and strategy

- Monitor compliance with set accounting and reporting standards as well as internal control systems defined by the Corporate to ensure timeliness and accuracy of accounting for the Center

- Ensure adherence to statutory compliances and ensuring proper documentation of all books of accounts, reports, lease and revenue contracts

- Ensuring the collation, compilation and preparation of Center annual budget requirement (both Capital and Operational expenditure) of various departments at the Center for the coming year and review the same

- Monitor the budget spending of each department at the Center on a regular basis by analyzing the planned Vs. actual spend and escalating any significant variance to the Center Director

- Ensure periodic auditing of Center's accounts, to ensure accuracy and compliance with internal and external accounting standards and ensuring compliance with all findings/ recommendations

- Ensure adherence to the Corporate insurance guidelines and provide coordination to ensure that the Center is adequately and cost effectively insured against risks

- Ensure compliance with tax authority regulations and laws (pertaining to service tax) to ensure that the Centers finances are accurately and timely reported

- Responsible for collection of receivables from the retailers in case of significant delays/ disputes/ non-reconciliation of balances, etc.

- Manage Retailer Relationships by ensuring retailer set-up is done as per defined processes and review all necessary information for the retailer (commercial terms and agreement, etc.)

- Develop and leverage relationships with Banks, Financial Institutions, as well as liaise with legislative/ statutory bodies (service tax, excise, customs duty etc.) for all compliance requirements and to create and maintain cordial relations

- Ensure verification of the bills raised by various service providers/ agencies to ensure all supporting & statutory documents are in place before approving the same for payment

Women-friendly workplace:

Maternity and Paternity Benefits

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