Business Unit Controller - CA

Business Unit (BU) Controller:
Position: BU Controller
Location: Bangalore
Qualification: Chartered Accountant (CA)
Experience: 12 - 15 Years
About the Role:
We are looking for an experienced Business Unit Controller to lead the controllership function for a business with an annual turnover exceeding 5,000 Crores. The ideal candidate should have strong expertise in financial reporting, controllership, statutory compliance, taxation, audit management, and cash flow management.
Preferred Qualifications:
- Chartered Accountant (CA)
- 12 - 15 years of experience in Controllership
- Hands-on experience with SAP (Mandatory)
- Familiarity with FCCS will be an added advantage
Key Responsibilities:

1. Financial Controllership:
- Lead monthly, quarterly, and annual book closure activities.
- Manage financial reporting, budgeting, forecasting, and variance analysis.
- Review key financial accounts and ensure accuracy of financial statements.
- Maintain balance sheet hygiene and timely account reconciliations.
- Ensure compliance with applicable accounting standards.
2. Compliance & Governance:
- Ensure compliance with statutory regulations, SOX requirements, Direct and Indirect Tax laws.
- Review and implement Internal Financial Policies and ensure adherence.
- Monitor compliance related to FEMA, RBI regulations, taxation, and other financial controls.
3. Audit Management:
- Lead statutory, internal, and tax audits for the business unit and multiple legal entities.
- Coordinate with auditors and ensure timely audit closures.
4. Cash Flow & Treasury:
- Manage daily fund planning and cash flow.
- Monitor treasury activities and ensure timely payments.
- Coordinate with corporate treasury and taxation teams.
5. Process Monitoring:
- Continuously monitor dashboards related to P2P, BRS, FEMA, and other finance processes.
- Conduct General Ledger (GL) reviews and inter-company reconciliations.
- Ensure timely reporting to corporate finance.
6. Process Improvement & Automation:
- Identify cost-saving and process optimization opportunities.
- Simplify and standardize accounting policies and procedures.
- Improve processes such as travel accounting and forex accounting.
- Drive automation of repetitive activities including provisioning and recurring payments.
7. Team Management:
- Lead, mentor, and develop a finance team of 4+ members.
- Build team capability through training and skill development.
Desired Experience:
- Experience in Retail or FMCG industry will be preferred.
- Prior experience with a Big 4 consulting/audit firm will be an added advantage.
- Strong experience in accounting, finance operations, financial reporting, and internal controls.
- Ability to work effectively with cross-functional teams including Business Finance, Factory Finance, Accounts Receivable, Accounting, Information Systems, Treasury, and Corporate Taxation.
- Self-driven, detail-oriented professional capable of working in a dynamic and fast-paced environment.
Reporting Structure:
- Reporting To: Group Controller & Business CFO
- Team Management: Leading a team of 4+ members