Finance controller

• As a Finance Controller you will be an integral part of our finance and accounting team working closely with experienced professionals and you have to :

• Ensure that the financial policies/procedures of the company are implemented efficiently and in line with generally accepted accounting practices
• Manage the finance process unit and to develop and implement a modern costeffective accounting system that will meet the challenges and objectives of the organisation.
• Provide operational & financial information and decision support to functional units (e.g. KPI analysis; periodic operating reports and forecasts budget monitoring and control)

Key Responsibilities:

Operational

• Timely preparation of month end Profit & Loss Account Balance Sheet and management notes as per

accounting practices and standards (IFRS) along with all schedule assumption and variance analysis latest by 3^rd working day of every month.

• Preparation of fund flow and cash flow statement including fund application / movement analysis
• Efficient and effective utilization of BPO accounting services including MIS reporting and monitoring
• Timely preparation of annual income and expenditure budget based on business plan and past trends
• Ensure timely transactions processing and accounting including verification validation and authorization

as per agreed upon process

• Ensure propriety of financial transactions with preventative controls including preaudit verification

validation and accuracy check for all payments including (P2P Procurement to Payment Cycle with threeway match of Purchase Order Invoice Goods/Services Receipt Note)

• Work with external auditors and ensure Financial Statements are audited as per regulations
• Liaising with external institutions Banks Tax Departments Rating Agencies Auditors and others on the

financial and legal matters and other statutory and nonstatutory compliances.

• Working with banks for various financial and loan transaction and providing necessary documents for

LC/BC creation other Export & DP related documents

• Opening and discounting of foreign letter of credits
• Fund flow and Export Finance management
• Applying extension of banking credit limit
• Timely accounting and reconciliations of all income and expenditure transactions including bank

reconciliations debtors reconciliations creditors reconciliations intercompany and inventory

reconciliations etc.

• Identify analyse report and regular followups on any open items in reconciliations to mitigate risk from

any invalid financial transactions or working capital blockages

• Identify analyse report and followup on ledger scrutiny of key accounts
• Timely capitalization of all fixed assets including maintenance of Fixed Assets register and physical

verification of Fixed Assets on yearly basis

• Provide value adds to management in terms of any major capex from ROI Payback period buy vs. lease

and cost benefit analysis

• Regular compliances of local taxation and regulatory laws and regulations with the help of external

consultants and inhouse expertise

• Identify analyse report and followup on risk from taxation and regulatory noncompliances and suggest

appropriate legal ways for risk mitigation with the help of consultants and experts

• Identify and suggest taxation plan and measures which optimizes benefits available under different laws

schemes and regulations

• Regular and timely compliances and payments of tax to have minimum or zero penalty and fines from

noncompliances

• Timely payment of Direct Indirect Tax & Statutory dues.
• Filing of statutory return GST TDS Income Tax Profession Tax PF ESIC etc.
• Coordination with Consultant & Statutory Authorities for scrutiny and regular assessment.
• Preparation of working capital monitoring reports (stock statement FFR etc.) for the Banks.
• Preparation of monthly projection of fund inflow & outflow. Give regular update to management about

fund position.

• Maintain a system of policies and procedures that impose an adequate level of control over treasury

activities.

• Controlling LC opening and payment on due date.
• Review export documentation submission with bank and realization of inward remittance and also

managed import payment with regulatory compliance.

• Authorization of online payment and control over offline fund outflow activities like payment to Vendor

Salary Statutory dues internal transfer of group and associate company). Liaising with Banks for daily

routing banking like fund transfer RTGS/NEFT and also coordination for FD open and negotiation for the

Interest Rate.

• Ensure compliance with internal control procedures in performing daytoday transactions processing
• Formulation and adherence to policies and procedures in the organisation
• Maintain and manage General Ledger according to defined accounting principles
• Manages and maintains ongoing and periodend ledger postings in an accurate and timely manner
• Liaise effectively with the external auditors to ensure that efficient and effective audit process is carried

Out.

• Monitor organisational cash flow and liquidity to ensure the availability of funds required financing

business operations business plans and budgets. Track and control consolidated cash flow

• Manage Taxation and provide taxation reports
• Supervise the creation and maintenance of master data for new / modified assets depreciation rules etc.

in IT systems determine depreciation provisions and process ongoing transactions (asset capitalization

asset sales depreciation and amortization etc.) and reports assets/depreciation details

• Management and timely payment of salaries