Job Opening For Finance Controller - Mumbai
- Evolute Systems
- 13 - 17 years
- Mumbai
- 4 years ago
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Job Description
Major derivative of the position include: Lead financial controller, chief financial controller, senior financial controller, Head of finance, valuation controller
Roles and Responsibilities
You will be responsible to oversee all financial analysis, accounting and operative activities of the all Functional BUs (manufacturing /product & solutions, services & trading) & achieve high level goals & set KPIs/KRAS for the department & company.
Financial controller: -
As part of the head of finance under the product division, you would be reporting to the Chief financial officer or CFO office for the group companies. You will play a key role in building the financial resilience & streamline operations keeping transactional accuracy, compliance and guidelines in mind.
The opportunity:-
It is a great opportunity to lead an Indian technology company focused towards business expansion globally with AVP/VP position
A. Accounting and Operations Control:-
a. The Operational Controller will manage WC cycle with inventory, accounts payable, receivable, budgeting, planning ,financial reporting, general ledger & statutory compliance with audit
b. Responsible for all monthly and quarter end closing activities including journal entries, balance sheet and income statement
c. Guides financial decisions by establishing, monitoring and enforcing policies and procedures, Create Accounting and Finance SOP and factoring direct and cross functional reporting requirements & dependencies
d. Identify various financial risks and develop risk mitigation plan to preserve cash flow, improve profitability
e. Reconciliation on Bi-Monthly basis for intercompany, i/v pending from GRN, stores, purchases, reconciliation of customer & vendor ledgers, expenses with provisions
f. Work closely with the Warehouse and Supply Chain Departments to monitor cycle count performance
g. Reducing excess and obsolete inventory and identification of related root causes
h. Protecting assets by establishing, monitoring and enforcing internal controls on expenses
i. Evaluating, monitoring various cost control measures by innovative initiatives
j. Review ensure all Accounting transaction related to AR, AP , Expenses, Fixed Assets and Validation , Review and checking the Data authentication for various purposes
B. Financial - Review and analysis & reporting :-
a. Preparation of MIS - Actual v/s Budgeted , Cash flow forecast , and various Analysis, (labour, spend, profitability, inventory ), Department wise Actual v/s Budget comparison for each Business Unit /Company/vertical
b. Variance Analysis and reporting, Compliance Reporting, Account Reconciliation reporting,
c. Collects, interprets and reports financial data and trends.
d. Partner with the BU Head on Financial Analysis and margin reporting.
e. Operating Banking relationship Hedging , Forex Management , Monitoring WC/OD Limits Compliance and preparing CMA and other Bank data
f. New Business Alliance Business plan for new alliance, joint venture, partnership, etc as required by the business head
g. IPO Foundation - Preparing the Company Books of Accounts for IPO in the next 2 -3 years for SME BSE or Main Board.
C. Compliance & Statutory Audit :-
a. Tax Audit reports, GST Audit and Internal Audit management & timely filing of all statutory returns (monthly ,quarterly & annual) with data verification (Ensuring data integrity)
b. TDS - Compliance , Any other Statutory Compliance. Handling of all statutory Assessments and scrutiny (GST ,IT , others)
c. Finalisation of Accounts of all BUS with Audit closure
d. Handling Internal audit with External Auditors
D. ERP Implementation Complete life Cycle implementation exposure in Manufacturing ERP related to Accounts, Costing, Inventory, Production Module, etc. Improving ERP effectiveness and Automation of process to increase data validation.
Digital Mind set - Exposure Process automation
Creating Financial SOP and Cross Functional SOP for ERP
Creating RFP and Evaluating various ERP based on RFP
Desired Candidate Profile :-
a. CA qualification with 15+ year work experience in senior role doing financial operations management, preferred from electronic /manufacturing domain
b. Handled team size of over 10-15 people
c. Worked on ERP/SAP B1 having manufacturing accounting, inventory management & cost management knowledge to manage master financial data
d. Financial Analysis Skill using of BI tools /advance excel for different business use cases
e. Age Bracket 45 & below
The skills and attributes to success:-
- Establish trust, responsive to change/adaptability & transformation; learn continuously/improvement-orientation, proactive, positive & joyful.
- Strong demonstrated experience in interaction with cross functional heads and continuously questioning the status quo and raise the bar in improving quality, collaboration and experience
- A leader who can communicate an inspired vision and a sense of core purpose and motivate the entire organization
- High degree of intellect, team spirit and people connect with all stakeholders & ability to navigate high pressure situations
- Able to accept new challenges and innovate through simplicity
- Time management - Ensuring time management in team
- See the big picture and align your projects with the group vision
- Self-directed, resourceful, and comfortable with operating in ambiguity
Aptitude in decision-making and problem-solving & Strong process orientation with eye on digitization and automation
Job Location:- Base Location is Vasai, however as per requirement candidate also have to travel other offices based in Mumbai, ie.Vileparle and Chakala .
Interested candidates staying in Mumbai are prefeered & they can send their updated cv on ni***i@ev****e.in
Perks and Benefits
Incentives, Alternate SAT OFF, flexible working hrs etc..
Job Classification
Industry: Semiconductors, ElectronicsFunctional Area: Accounts, Finance, Tax, Company Secretary, Audit,
Role Category: Senior Management
Role: Senior Management
Employement Type: Full time
Education
Under Graduation: B.Sc in NursingPost Graduation: CA in CA
Doctorate: Doctorate Not Required
Contact Details:
Company: Evolute SystemsAddress: 125 Madhuram Industrial Estate, Sativali Road, Vasai (E), Thane, Maharashtra 401208
Location(s): Mumbai
Website: https://www.evolute.in
Keyskills: Statutory Audit Financial Reporting Financial Analysis Finance Control IPO Funding Compliance SAP ERP Implementation Financial SOP Cost Management GST ERP/SAP B1 Creating RFP and Evaluating ERP Implementation MIS Finance Controller Manufacturing SAP Implementation
Evolute Systems
Over the last 30 years, Evolute has established as a leading Electronic Technology Conglomerate. Evolute's pursuit to excellence lies in bringing about a serious change by means of Innovation, Disruptive Thinking and Thought Leadership. Harnessing the power of new technologies through continuous inn...
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