Finance Controller

Position : Financial Controller

Qualification : Chartered Accountant (Mandatory)

Experience : 4–6 years of post-qualification experience, preferably in a manufacturing or food/FMCG environment.

About Bayfield

Bayfield Food Ingredients Pvt. Ltd. is a fast-growing food solutions company specializing in seasonings, culinary solutions, and food ingredients for the HoReCa and institutional markets.

As Bayfield embarks on its next phase of growth, we are looking for a hands-on Financial Controller who will build a strong finance foundation, ensure impeccable statutory compliance, and establish the financial discipline required to support a fast-growing entrepreneurial organization.

This position offers an exceptional opportunity for an ambitious Chartered Accountant to grow with the organization and progressively take on broader financial leadership responsibilities.

Purpose of the Role

The Financial Controller will be responsible for ensuring the integrity of Bayfields financial records, timely financial reporting, statutory compliance, taxation, audits, and financial governance.

The role requires a hands-on professional who enjoys building systems, improving processes, and working closely with the leadership team in a fast-growing entrepreneurial environment.

Working Style

The Financial Controller is expected to be a hands-on professional who enjoys working in a fast-growing entrepreneurial business. The role requires ownership, attention to detail, and the willingness to work across functions to build robust finance processes rather than operate within a large corporate structure.

Key Responsibilities

The Financial Controller will be the custodian of Bayfields financial governance and will ensure that the companys financial records, statutory compliance, and reporting are accurate, timely, and fully compliant at all times.

• Statutory Compliance

• GST
• Income Tax
• TDS
• ROC filings
• Companies Act compliance
• PF / ESI / Professional Tax (in coordination with HR)
• MSME compliance

Ensure all statutory filings are completed accurately and on time

• Financial Accounting & Reporting
• Ensure monthly financial closing within ten working days of month-end, along with timely quarterly and annual financial closure.
• Prepare accurate Profit & Loss Account, Balance Sheet and Cash Flow Statement.
• Generate monthly MIS reports for management review.
• Ensure proper accounting of inventory, fixed assets, provisions, accruals and depreciation.
• Maintain accurate books of accounts in accordance with statutory requirements.
• Audit Management

• Statutory Audit
• Tax Audit
• Internal Audit

Ensure timely closure of audit observations and implementation of agreed actions

• Taxation
• Manage GST returns and reconciliations.
• Ensure timely TDS deduction and filing.
• Coordinate income tax compliance.
• Monitor tax reconciliations and optimize statutory compliance.
• Working Capital & Banking
• Monitor and drive timely collection of receivables while maintaining discipline over vendor payments and cash flow.
• Prepare periodic cash flow statements.
• Coordinate with banks on routine banking requirements.
• Support effective working capital management.
• Costing & Inventory
• Ensure accurate product costing.
• Review inventory valuation and stock reconciliation.
• Work closely with Operations to improve inventory accuracy and cost visibility.
• Financial Controls & Governance
• Strengthen internal financial controls.
• Ensure adherence to company financial policies and approval processes.
• Identify risks and recommend practical improvements.
• ERP & Process Improvement
• Ensure effective utilization SAP systems.
• Improve finance processes and reporting efficiency.
• Support continuous process improvement initiatives
• Investor & Business Readiness

Support management in financial due diligence, banking requirements and investor readiness.

Desired Skills

• Strong accounting fundamentals.
• Excellent knowledge of GST, Income Tax and TDS.
• Experience in statutory audits and regulatory compliance.
• Manufacturing accounting experience preferred.
• Good understanding of inventory accounting.
• Strong Excel skills.
• SAP exposure.
• High attention to detail.
• Strong integrity and ownership.
• Ability to work independently in a fast-growing entrepreneurial environment.

• Chartered Accountant.
• 4–6 years of post-qualification experience.
• Minimum 2–3 years in manufacturing/FMCG/food/process industries.
• Experience in independently handling audits and statutory compliance.
• SAP Exposure

Within the first 6 - 12 months, the Financial Controller should:

• Close monthly accounts by the agreed timeline.
• Ensure 100% statutory compliance with no major observations.
• Build a robust monthly MIS reporting system.
• Strengthen internal controls and financial discipline.
• Improve working capital visibility and reporting.
• Support Bayfields growth by providing reliable financial information to management.

Bayfield offers an exceptional opportunity for a young Chartered Accountant to grow with the organization. As the company scales, the role is expected to evolve into broader finance leadership responsibilities, offering significant professional growth for the right individual.Skills: finance,management,compliance,chartered accountant,accounting