Financial Controller - Chennai - confidential

    confidential
    confidential Chennai

    5 days ago

    Full time
    Description

    Key Responsibilities

    Financial Management & Reporting

    • Manage all finance and accounting operations of the company.
    • Ensure accurate bookkeeping and timely monthly closing of accounts with appropriate provisions and accruals.
    • Prepare and review financial statements in line with current reporting standards.
    • Stay up to date with evolving financial reporting practices and implement necessary updates.

    Accounts Payable & Receivable

    • Oversee timely and accurate recording and payment of vendor invoices (AP).
    • Supervise customer billing and ensure timely collections (AR).
    • Serve as the first-level approver for all vendor invoices.

    Cash Flow & Budgeting

    • Monitor cash flows and forecast funding needs, including foreign currency planning.
    • Own the annual budget preparation process and coordinate with departments to consolidate inputs.

    Audit & Compliance

    • Manage internal and external audits, implement recommendations, and ensure compliance with all statutory regulations.
    • Design and monitor internal controls in collaboration with the CFO, and report any deviations.
    • Safeguard company assets and identify financial risks with mitigation strategies.

    Operations & Team Leadership

    • Streamline accounting processes and implement industry best practices and automation initiatives.
    • Oversee payroll processing and labor tax compliance.
    • Manage banking relationships and financial institution interactions.
    • Mentor and lead the finance and accounting team to drive performance and collaboration.

    Strategic Initiatives

    • Identify cost-saving opportunities and recommend actionable improvements.
    • Contribute to financial planning and analysis (FP&A) activities to support organizational goals.

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