Finance Controller - FMCG - CA (8-10 yrs)

Financial Reporting & Compliance:

- Oversee the month-end book closing process, ensuring the timely and accurate recording of all financial transactions, and manage the preparation and finalization of the Monthly Accounting Statement (Eg. MIS).

- Lead annual financial closure processes, ensuring accuracy and adherence to strict timelines

- Prepare, review, and finalize accurate financial statements in compliance with applicable accounting standards

- Prepare financial reports and presentations for management and stakeholders as needed

Audit Coordination:

- Oversee and manage internal, external, and statutory audit processes, including coordination with auditors and preparation of necessary documentation

- Address audit findings promptly and implement process improvements based on recommendations, Build and lead a high-performing finance team to support:

- Transitioning of the day-to-day transaction recording function to an in-house setup

- Maintaining the meticulous financial records and setting up internal financial processes including:

- Revenue documentation and reconciliation processes, including revenue statement reconciliation, POD maintenance, and debit adjustments for promotions, margins, and schemes

- Trade Receivable management including maintenance of certificates of payment terms, timely receipts, payment advice records, and conducting bank reconciliations

- Trade payable management including timely disbursements, verification for logistics payments calculations and expense approvals

- Regular Inventory reconciliation

- Analysing financial data to identify trends, opportunities, and areas for cost optimization

- Providing financial insights and recommendations to support decision-making and organizational goals

- Systems & Process Improvement

- Assess and enhance financial systems, tools, and processes to boost accuracy, efficiency, and compliance

- Drive automation initiatives to streamline and improve financial operations

- Lead special projects such as ERP implementation, system upgrades, or financial restructuring initiatives

Tax & Payroll management:

- Manage compliance related to direct and indirect tax regulations, including GST, TDS, etc.

- Manage payroll-related tax compliances such as PF, ESIC and PT

- Oversee payroll management to ensure accurate and timely salary processing and payouts

Job requirements:

- CA, preferably cleared in first attempt, with 8-10 years of post-qualification experience in financial reporting, or a related finance role, preferably in an FMCG company

- Strong understanding of accounting principles and financial concepts

- Strong exposure to financial controls, accounts payable, accounts receivable, P&L management, cash flow management, budgeting and planning

- Strong problem-solving skills with the ability to identify and resolve financial discrepancies.

- Expertise in financial systems and ERP software (e.g., Tally) as well as proficiency in Excel and other MS Office tools.