Finance Controller - India

Department Icon Accounting & Finance
Posted: 1 year ago
8-15 years
Hyderabad
Accounting & Finance
Work from Office
Full Time

Posted: 1 year ago
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Job Description

  • Finance Controller - India
  • Location : Hyderabad, Telangana
  • Reports to : CFO
  • Department : Finance & Accounts
  • Position Overview:
  • The Finance Controller for India will be responsible for overseeing all financial activities for the Indian entity, ensuring compliance with Indian accounting standards, statutory requirements, and group reporting guidelines.
  • This role will provide strategic financial leadership, manage budgets, monitor performance, and ensure strong internal controls to support business objectives.

Key Responsibilities:

Financial Management & Reporting

  • Oversee day-to-day finance operations, including accounting, treasury, tax, and compliance.
  • Ensure timely and accurate preparation of financial statements in accordance with Indian GAAP / Ind AS and corporate policies.
  • Prepare and submit monthly, quarterly, and annual financial reports to HQ.
  • Manage year-end audit process with statutory and internal auditors.
  • Support consolidation and group reporting under IFRS/US GAAP (if applicable).

Budgeting & Forecasting:

  • Lead annual budgeting and quarterly forecasting processes.
  • Analyze variances between actual performance and budget; recommend corrective actions.
  • Provide financial insights to support strategic business decisions.

Compliance & Taxation:

  • Ensure compliance with Income Tax, GST, TDS, Companies Act, and other Indian statutory requirements.
  • Liaise with external consultants and government authorities for filings and assessments.
  • Stay updated on changes in financial regulations and adapt processes accordingly.

Internal Controls & Process Improvement:

  • Develop, implement, and maintain robust internal control systems.
  • Drive process improvements in accounting, reporting, and compliance areas.
  • Safeguard company assets through risk management practices.

Cash Flow & Treasury Management:

  • Monitor and manage working capital, cash flow, and banking relationships.
  • Optimize fund allocation and investment decisions in line with company policy.

Team Leadership:

  • Lead, mentor, and develop the finance team.
  • Foster a culture of accountability, accuracy, and ethical practices.

Qualifications & Experience

  • Education: Chartered Accountant (CA) mandatory; CPA/CMA/MBA Finance is a plus.
  • Experience: 8-15 years in finance, with at least 3-5 years in a leadership/controllership role.
  • Strong knowledge of Ind AS, Indian statutory compliance, taxation laws, IFRS.
  • Experience in multinational company setups preferred.
  • Proficiency in ERP systems (SAP, Oracle, Netsuite, etc.) and MS Excel.

Key Skills:

  • Strong analytical and problem-solving abilities.
  • Excellent interpersonal and communication skills.
  • High integrity and ethical standards.
  • Ability to work in a fast-paced, deadline-driven environment.

KPIs / Success Metrics:

  • Timely and accurate statutory and group reporting.
  • Zero non-compliance in audits and statutory requirements.
  • Improved cash flow and working capital efficiency.
  • Process improvements and cost optimizations achieved.

Skills

Financial ControlFinance And AccountsCPACACost ControlForecastingGAAPBudgetingFinancial ReportingFinancial OperationsIFRSAccountingBudgetingStatutory ComplianceAccounting StandardsCorporate PoliciesCash FlowErp SystemsFinancial StatementsInd AsErpGaapIfrsNetsuiteProcess ImprovementAccountantCaChartered AccountantFinanceCash

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About Company

Established in the year 1990, AK Placement Services is a specialist Management (HR) Consultancy firm based at Thane (near Mumbai) and has developed a strong and fast growing reputation for dedicated customer service to both candidate/s and client/s. Traditionally, our primary focus has been on middle and senior management recruitment across various industry segments for both MNCs and leading Indian business houses.

AK Placement Services has two Partners, namely • Anil Kshatriya (http://www.linkedin.com/in/akplacements) • Hemant Pisat (http://www.linkedin.com/pub/6/499/214) We cater to the needs of industries such as Automobiles & Auto Components o Banking, Financial Services and Insurance (BFSI) o Pharmaceuticals & Healthcare (Life Sciences) o Manufacturing & Engineering o Biotechnology o Retail o Media & Entertainment o Consulting o Telecommunications o ITES (BPO) o Technology (Software/IT Industry) o eLearning Real Estate.

The company is managed by a committed team of experienced professionals in the field of recruitment and personnel management. We have our Branch offices at Pune and Ahmedabad acting independently. They also act as a support to parent organization at Mumbai.

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