Financial Controller

1) Managing accounts:-

• Oversee the Accounts Payable (AP), Accounts Receivable (AR), and General Ledger (GL) functions for the group.
• Ensure accurate and timely general accounting oversight and analysis across all entities.
• Ensure the books are consolidated in reporting currencies, reconciled between the related companies records and forex accounting is proper between the books of accounts.
• The role involves internal & external audits of accounts
• Also segregation of duties and proper checks and measures to be in place for preventing any misstatement of profit & loss and balance sheets.

2) Budgeting and Forecasting:

• Develop and implement group-wide budgets and financial forecasts.
• Monitor performance against budgets, analysing variances and recommending corrective actions.

3) Compliance and Internal Controls:

• Establish and maintain robust internal controls to ensure accuracy and compliance with financial regulations.
• Liaise with regulatory bodies, external auditors, and tax authorities to manage compliance requirements.

4) Financial Reporting:

• Prepare and present consolidated financial statements and management reports to the executive team.
• Ensure the accuracy and timeliness of month-end and year-end financial closings.
• Have a Big Picture Perspective of the Groups operations, identify areas of efficiencies and consolidate all financial reports to see overall performance of the different divisions, along with their individual financial performance.

5) Strategic Financial Planning:

• Collaborate with the executive team to develop financial strategies aligned with group goals.
• Provide financial insights and recommendations to support business growth and operational efficiency.
• Strategically managing profitability, liquidity and forecasting all cash flows

6) Taxation and Legal Compliance:

Oversee tax filings and compliance for all subsidiaries.

• Rules based tax planning, effective tax management across the group entities and suggest the Top management for betterment/ improve in tax management.
• Oversee all operation in view of adhering to both direct & in-direct tax structure and reporting to all stakeholders, which includes government, banks and management.
• Manage relationships with auditors, company secretaries, legal advisors, and other external partners.

7) Team Leadership:

• Lead, mentor, and develop the finance team across all locations.
• Foster a culture of accountability, innovation, and continuous improvement within the finance department.

8) Systems and Process Optimization:

• Implement and enhance financial systems and ERP tools to streamline operations.
• Continuously Working on Improvement / Expansion of Reporting, Procedures and Standards; integration of functional operations with new Reports.
• Initiate and oversee process improvements to increase efficiency and accuracy in financial reporting.

9) Risk, Treasury and Cash Management:

• Manage cash flow and group treasury functions, ensuring optimal liquidity and funding.
• Oversee debt management and financial asset reconciliation.
• Oversee all the entities and ensure the procurement and implementation of the annual insurance policy, renew on time and effect at all the time to mitigate the risk.