Group Financial Controller - CA

Role Purpose:

The Finance Controller - Group Companies will be responsible for providing financial oversight, control and reporting across entities of the Group. The role will work closely with the Promoter Family, Business Heads and Finance - Accounts teams of individual Group companies to ensure timely financial reporting, strong financial controls, statutory compliance, cash flow management and effective financial governance across the Group.

Key Responsibilities:

1. Group Financial Control - Oversight:

• Oversee finance and accounting activities across all Group companies.
• Review financial performance and financial position of each company.
• Ensure accuracy, completeness and timely closure of accounts.
• Identify financial risks, control gaps and areas of financial leakage.
• Ensure adherence to Group financial policies, processes and approval mechanisms.

2. Group MIS - Reporting:

• Establish a standardized monthly MIS across all Group companies.
• Consolidate financial information for review by the Promoter Family.
• Prepare and review P-L and Balance Sheet, Cash Flow, Budget vs Actuals, Working Capital, Receivables - Payables, Capex, Borrowings and key financial KPIs.
• Highlight significant variances and matters requiring management attention.

3. Budgeting - Forecasting:

• Coordinate the annual budgeting exercise across Group companies.
• Review budgets submitted by respective Finance teams and Business Heads.
• Monitor actual performance against approved budgets.
• Support periodic forecasting and financial planning.
• Provide financial analysis to support business decisions.

4. Cash Flow - Working Capital:

• Monitor cash flow position across Group companies.
• Review cash flow forecasts and liquidity requirements.
• Track receivables, payables, inventory and working capital.
• Monitor overdue receivables and working capital efficiency.
• Identify opportunities for improving cash utilisation and cash conversion.

5. Statutory Compliance - Audit:

• Monitor financial and statutory compliance across Group companies.
• Coordinate with statutory auditors, tax consultants and other professional advisors.
• Track closure of audit observations and compliance matters.
• Review GST, TDS, Income Tax and other applicable financial compliances.
• Ensure timely completion of statutory audits and financial statements.

6. Internal Controls - Governance:

• Develop and strengthen financial controls across the Group.
• Standardise accounting and finance processes wherever appropriate.
• Review payment controls, approval processes and financial authorities.
• Identify control weaknesses and ensure corrective actions.
• Establish appropriate Group-level finance SOPs and reporting mechanisms.

7. Business Finance Support:

• Work closely with Business Heads to understand financial performance and business requirements.
• Provide financial analysis for business decisions.
• Review major commercial proposals, investments and expenditure.
• Analyse profitability, margins, costs and business performance.
• Act as a finance partner while maintaining appropriate financial controls.

8. Banking, Treasury - Borrowings:

• Monitor banking arrangements and borrowing positions across companies.
• Review working capital facilities, loans, guarantees and other financial commitments.
• Track interest costs and utilisation of banking facilities.
• Support the Promoter Family and Business Heads in evaluating funding requirements.

9. Inter-Company - Related Party Transactions:

• Monitor inter-company balances and transactions.
• Ensure proper accounting and reconciliation of inter-company transactions.
• Review related-party transactions from a financial control and compliance perspective.
• Ensure appropriate approvals and documentation.

10. Capex - Investment Review:

• Review financial aspects of major capital expenditure proposals.
• Analyse ROI, payback and financial viability of significant investments.
• Monitor approved Capex against budgets.
• Support the Promoter Family in evaluating new investments, expansions and strategic initiatives.

11. Coordination with Group Finance Teams:

• Act as the central point of coordination between the Group Head Office and Finance teams of individual companies.
• Conduct periodic finance reviews with respective Finance Heads / Accounts teams.
• Ensure timely submission of financial information and MIS.
• Support finance teams in resolving accounting, reporting and compliance issues.
• Drive consistency in financial practices across the Group.

12. Promoter Family Reporting:

• Provide the Promoter Family with a clear and consolidated view of the financial position of the Group.
• Prepare periodic financial review presentations and reports.
• Highlight key financial risks, opportunities and deviations.
• Provide data-driven insights to support promoter-level decision-making.
• Maintain a high level of confidentiality in handling Group financial information.

Qualification And Experience:

• Chartered Accountant (CA) having 5 - 6 years of experience in Finance - Accounts, Financial Controllership, MIS, Audit and Financial Reporting.
• Experience handling multiple entities / businesses will be preferred.
• Experience in a Group, diversified business or family-owned business environment would be an advantage.

Contact: P.G. Ganesh, 8368469496