Talent.com
Financial Controller

Financial Controller

Xtreme Mediamumbai, maharashtra, in
6 hours ago
Job description

A. Group Financial Reporting & Consolidation

  • Drive the preparation of group and subsidiary financial statements – Balance Sheet, Profit & Loss, Cash Flow, Statement of Changes in Equity – including all required notes and disclosures as per AS.
  • Ensure that all subsidiaries financials in the holding company’s format to enable consolidation.
  • Perform inter-company reconciliation of closing balances and intra-group transactions; prepare adjustment entries for eliminations and other consolidation adjustments.
  • Scrutinise Trial Balance and General Ledger – identify abnormal balances / transactions, confirm arithmetical equality (debits = credits) and correct errors before finalising financials.
  • Lead the period-end close process in the ERP environment, including opening / closing posting periods, ensuring proper fiscal procedures and controls.

B. Analysis & Management Reporting (MIS), Forecasting & Budgeting

  • Conduct ratio analyses (profitability, liquidity, efficiency), cash flow analyses and other business insights.
  • Manage the monthly MIS process from business units : collect MIS, perform checks for accuracy, consolidate at company level, produce insightful PowerPoint presentations to management on variances (Revenue, Material Cost, Variable Cost, Fixed Cost, Other Income).
  • Prepare presentations for meetings (Audit Committee, Board of Directors, Investor Calls) – focusing on standalone & consolidated financial health, internal audit observations, action-taken reports, and key numbers (Revenue, Volumes, EBITDA, PBT, PAT) with comparable.

    • C. Audit, Compliance & Controls

  • Oversee statutory auditors’ review under applicable regulations and manage liaison with both external and internal auditors.
  • Prepare quarterly audit plan (tentative due dates, SPOCs) and coordinate all audit queries.
  • Act as audit-coordinator : arrange auditor meetings with company departments, respond to queries in a timely manner, ensure resolution of audit observations.
  • Collaborate with secretarial consultant on compliance matters (related parties, MSME returns, DPT-3, CSR budget). Handle XBRL filings for financials.
  • Support the development and implementation of reports and procedures in alignment with law changes and internal control requirements.

    • D. Direct Taxation

  • Manage direct taxation : handle faceless tax assessments, respond to tax notices, prepare documentation for tax audits and represent the company before tax authorities.
  • Compute and report current and deferred tax liabilities; ensure tax figures are appropriately recorded in the financial statements per accounting standards.
  • Oversee Income Tax Returns (ITR), TDS / TCS compliance and coordination with tax advisors.

    • E. Inventory Management & Product Costing

  • Establish and oversee the inventory management system : track stock movements, ensure controls around stock counts, reconciliations and inventory ageing.
  • Supervise product costing design : define & maintain cost-structure for manufactured / held goods including materials, labour, overheads, and absorption of indirect cost.
  • Select and apply suitable inventory valuation / costing methods (e.g., FIFO, specific cost) and ensure consistency of method year-to-year.
  • Monitor inventory ageing, obsolescence, slow-moving and excess stock; ensure appropriate provisioning / write-downs in line with accounting standards.
  • Provide periodic product-cost variances : material cost variance, labour cost variance, overhead absorption variance; feed these into MIS / management reports to highlight cost control opportunities.
  • Collaborate with business units and supply-chain / production / warehouse teams to align operational inventory policy (reorder points, lot sizes, lead-times) with financial targets and minimise carrying cost.
  • Work with the ERP team to embed inventory & product costing logic into system : ensure postings of inventory movements, WIP, finished goods, COGS flows correctly through the ledger, and reports support management decision-making.
  • Link inventory & costing metrics into monthly MIS / rolling forecasts / budgeting : e.g., closing stock, inventory turnover, cost of goods sold, margin by product line, inventory days.
  • Ensure disclosure note-requirements in financial statements for inventory (valuation method, cost formula, carrying amounts, etc.) in accordance with applicable standards.

    • F. Indirect Taxation (GST, Customs, etc.)

  • Manage indirect tax compliance across the group : monitor, interpret and apply the regulatory framework for GST in India (CGST / SGST / IGST), ensure correct registration, tax classification (HSN / SAC codes), tax rate application, timely filings and claims of input tax credit.
  • Oversee customs duty matters for imported goods : ensure compliance with tariff classification, correct valuation, duty payment, documentation and liaison with customs authorities.
  • Coordinate with team to assess indirect tax liabilities, reconcile tax credits (for example, GST input tax credit) and ensure correct recording of indirect-tax expenses or assets in the financial statements.
  • Integrate indirect tax aspects into audit and regulatory agenda : e.g., ensure audit coverage of GST compliance, customs compliance, tax notices / responses for indirect tax matters.
  • Work with IT / ERP team to develop and enhance the system : ensure the ERP captures correct tax codes / rates, tax implications for inter-company transactions, imports / exports, and MIS reports cover indirect tax performance (tax paid, input credit, compliance deadlines).
  • Keep abreast of indirect tax law changes (GST slab changes, customs tariff revisions, regulatory clarifications) and assess business impact; update policy, processes and controls accordingly.

    • G. ERP Finance & Process Improvement

  • Collaborate with the BC implementation team (or partner) to define finance & operations requirements : mapping existing ZOHON processes (month-end close, posting periods, inter-company eliminations, inventory cost flows, product costing, indirect tax functionalities) into Business Central.
  • Lead the configuration of BC modules relevant to finance, consolidation, inventory & costing, tax and operations. Ensure key components such as general ledger, posting periods, inter-company journals, inventory valuation / absorption, cost centres, product costing are set up correctly.
  • Develop and manage “on-the-go” enhancements (post-go-live) in BC :
  • Design and test new BC reports & dashboards (using Power BI / BC built-in reporting) to meet management / board / audit requirements.
  • Work with BC’s workflow automation (via Power Automate, BC workflows) to embed controls — e.g., approval of intercompany journals, validation of posting period opening / closing, inventory count alerts, cost variance notifications.
  • Conduct continuous improvement : as business evolves (new products, geographies), update BC configuration and extensions to support changes — e.g., new cost centre hierarchies, new statutory tax regimes, new methods of inventory valuation.
  • Manage the fiscal close in BC : ensure correct opening / closing of posting periods, reconciliation of ledgers, validation checks for debit / credit equality, abnormal balances detection via custom reports or alerts within BC.
  • Ensure integration of BC with other systems : e.g., subsidiary data collection into BC for consolidation, inter-company elimination logic, inventory movements feeding into costing sub-ledgers, tax system linkage for GST / customs.
  • Provide finance users, business-unit stakeholders, audit & tax teams with training and documentation on the BC system — covering both standard functionality and the custom enhancements ("on the go" developments).
  • Monitor and govern data quality, master-data controls (chart of accounts, cost centres, posting groups, inventory items, inter-company partners) within BC to ensure that financial reporting, consolidation and costing stay accurate and reliable.
  • Stay updated with Microsoft’s Business Central updates / patches, and evaluate how new features (e.g., AI insights, Copilot, workflow automation) can further streamline finance operations; coordinate partner updates and internal change management.

    • 3. Key Skills & Competencies

  • Strong knowledge of AS and consolidation accounting.
  • Deep experience in trial balance, general ledger scrutiny, error rectification & adjustment entries.
  • Ability to prepare and analyse financial statements (BS, P&L, Cash Flow, SoCE) including detailed disclosures.
  • Proficiency in ratio analysis, cash flow analysis, variance analysis, forecasting & budgeting.
  • Excellent presentation skills for senior management, auditors, board / investor calls.
  • Experience with audit coordination, liaison with external / internal auditors, preparation of audit plans.
  • Familiarity with regulatory compliance (e.g.,XBRL, MSME returns, DPT-3, CSR, RPT).
  • Hands-on ERP finance processes : month-end / fiscal close, posting period management, report development.
  • Product costing and inventory valuation expertise, cost-control mindset.
  • Strong indirect tax knowledge : GST, customs, import / export duty, tax credits and compliance.
  • Taxation capabilities : handling tax assessments, preparing ITRs, computing current / deferred tax, TDS / TCS compliance.
  • Strong business partnering & communication — collaboration with secretarial team, business units, consultants, etc.
  • Analytical mindset, attention to detail, ability to manage multiple tasks under deadlines.
    • Create a job alert for this search

    Financial Controller • mumbai, maharashtra, in

    Related jobs
    • Promoted
    Financial Controller

    Financial Controller

    WTFMumbai, Maharashtra, India
    WTF is Nikhil Kamath’s media and content hotshop, where ideas, people, and culture collide.We create content (the WTF is Podcast and original IPs). We build campaigns and consult for brands, busin...Show moreLast updated: 10 days ago
    • Promoted
    • New!
    Financial Controller

    Financial Controller

    Xtreme MediaMumbai Metropolitan Region, India
    Group Financial Reporting & Consolidation.Drive the preparation of group and subsidiary financial statements – Balance Sheet, Profit & Loss, Cash Flow, Statement of Changes in Equity – including al...Show moreLast updated: 6 hours ago
    • Promoted
    • New!
    Financial Controller

    Financial Controller

    People KonnectMumbai Metropolitan Region, India
    As the Group Finance Controller, you'll play a vital role in supporting the business and driving financial success across our global operations. This isn't just a finance and accounting role; you'll...Show moreLast updated: 6 hours ago
    • Promoted
    Sap Finance Control Consultant

    Sap Finance Control Consultant

    Tata Consultancy ServicesThane, IN
    Years of Experience - 7 - 12 years.Desired Competencies (Technical / Behavioral Competency).Leading and managing SAP AMS team comprising of consulting and client resources at different business units...Show moreLast updated: 30+ days ago
    • Promoted
    Financial Controller - Loan Against Securities - Bank / NBFC

    Financial Controller - Loan Against Securities - Bank / NBFC

    Virtuous Advisors & Resources Private LtdMumbai, India
    Description : About the role : The Financial Controller will lead the finance function of the organization, ensuring accuracy, transparency, and st...Show moreLast updated: 24 days ago
    • Promoted
    Manager - Financial Controlling & Reporting - Manufacturing

    Manager - Financial Controlling & Reporting - Manufacturing

    Lagrange Point InternationalMumbai, India
    HIRING! Position : Financial Controlling & Reporting Manager (FCR) Experience : 58 years Show moreLast updated: 22 days ago
    • Promoted
    Galaxy Freight - Finance Controller / Credit Controller

    Galaxy Freight - Finance Controller / Credit Controller

    Galaxy Freight Pvt. Ltd.Mumbai, India
    Finance Controller / Credit Control Overview We are seeking a proactive Finance Controller / Credit Control professional to oversee financial management, monitor cred...Show moreLast updated: 30+ days ago
    • Promoted
    Financial Controller

    Financial Controller

    ZingHRMumbai, Maharashtra, India
    Job Title : Finance Controller Location : Mumbai, India Experience : 6–10 Years Employment Type : Full-time Department : Finance Reports To : Chief Financial Officer (CFO) About ZingHR : ZingHR is ...Show moreLast updated: 12 days ago
    • Promoted
    Manager - Financial Controller - Mumbai

    Manager - Financial Controller - Mumbai

    BDO IndiaMumbai, Maharashtra, India
    Prepare monthly, quarterly, and annual financial statements in accordance with IND AS / IGAAP.Ensure timely and accurate financial reporting to senior management and external stakeholders.Consolidat...Show moreLast updated: 18 days ago
    • Promoted
    Finance Controller - CA

    Finance Controller - CA

    CorenzaMumbai, Maharashtra, India
    A Leading Electronic manufacturing, specialized in semiconductor devices, Serving multiple prestigious clients across India. Group Financial Reporting & Consolidation.Drive the preparation of group ...Show moreLast updated: 18 days ago
    • Promoted
    Senior Manager Financial Reporting

    Senior Manager Financial Reporting

    Axis Capital Ltd.Mumbai, Maharashtra, India
    We are seeking a highly skilled and experienced Chartered Accountant to lead key finance functions including MIS & Reporting, Taxation, and Stakeholder Management. The ideal candidate will bring str...Show moreLast updated: 18 days ago
    • Promoted
    Financial Reporting and Consolidation

    Financial Reporting and Consolidation

    Aditya Birla Renewables LimitedMumbai, Maharashtra, India
    Financial Reporting Prepare and manage the financial reporting process, including the consolidation of financial statements, quarterly and annual financial reports, and other financial disclosures....Show moreLast updated: 30+ days ago
    • Promoted
    Burma Burma - Financial Controller

    Burma Burma - Financial Controller

    Burma Burma Restaurant & Tea RoomMumbai, India
    Job Summary : The Financial Controller will be responsible for overseeing the financial health of the organization by developing financial strategie...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Finance Controller

    Finance Controller

    Antriksh Cloud Private LimitedThane, IN
    Job Description : Finance Controller.We are seeking a dynamic and strategic Finance Controller to lead the company’s finance. Chartered Accountant (CA) with 3–5 years of post-qualification experience...Show moreLast updated: 2 hours ago
    • Promoted
    Soulflower - Finance Controller - CA

    Soulflower - Finance Controller - CA

    SoulflowerMumbai, India
    Working days : Monday to Saturday.About Soulflower : As a D2C Business we have grown for the past 2 decades, understanding the India consumer & offering them soluti...Show moreLast updated: 24 days ago
    • Promoted
    Financial Controller

    Financial Controller

    BDO IndiaMumbai, Maharashtra, India
    Note : Only candidates who are fully qualified Chartered Accountants (CA) will be considered for this role.Part-qualified or pursuing candidates will not be eligible. About Company BDO India LLP (or ...Show moreLast updated: 14 days ago
    • Promoted
    Sap Finance Control Consultant

    Sap Finance Control Consultant

    Aitek GroupKalyan-Dombivli, IN
    Job Description : SAP S / 4HANA FICO (RTR) Consultant.Timezone : Malaysia Timezone (GMT+8).We are seeking an experienced SAP S / 4HANA FICO (Record-to-Report) Consultant with strong hands-on expertise in...Show moreLast updated: 3 days ago
    • Promoted
    Financial Operations

    Financial Operations

    AmherstMumbai, Maharashtra, India
    The Financial Operations, will play a key role in supporting core accounting processes and operational initiatives within the organization. This position is part of the broader finance team at Amher...Show moreLast updated: 30+ days ago