Job Title : Financial Controller
Location :
IDA- Bollaram, Hyderabad
Department : Finance
Education :
Charted Accountant (CA) mandatory
Industry : Manufacturing
Reports To : VP Finance / CFO
Experience Required :
10+ years in finance, accounting, and operational risk management, with ERP implementation experience and exposure to loss prevention strategies.
Note : Manufacturing Industry experience is mandatory.
Role Overview
The Financial Controller & Head of Loss Prevention is a dual-function leadership role responsible for ensuring the financial and operational integrity of the company. The role combines the traditional responsibilities of financial stewardship with proactive risk management, loss prevention, and fraud control. This position will lead all core accounting functions, internal control systems, ERP financial modules, and also oversee security, audit, and operational processes designed to minimize financial and inventory-related losses across the organization.
Key Skills & Competencies
- Deep knowledge of Indian GAAP, Companies Act, GST, TDS
- Strong grasp of operational risk, fraud detection, and investigative protocols
- ERP system experience (SAP, Oracle, or custom ERP)
- Familiarity with security systems (CCTV, access control, incident tracking tools)
- Excellent analytical, leadership, and communication skills
- Ability to operate cross-functionally with IT, operations, security, and supply chain
Key Responsibilities
Financial Reporting & Compliance
Supervise all accounting functions (GL, AR, AP, costing, payroll, inventory, fixed assets)Ensure timely and accurate monthly, quarterly, and annual financial closingEnsure compliance with statutory, tax, and audit requirements (GST, TDS, Companies Act, etc.)Coordinate with auditors for internal, statutory, and tax auditsERP Policy Definition
Define finance-related policies and business rules for ERP workflows (e.g., approvals, journal controls, tax mappings)Lead testing, validation, and sign-off of finance modulesCollaborate with IT and ERP consultants to ensure accurate financial configurationsIdentify automation opportunities within finance processes and drive implementationInternal Controls & Risk Management
Design and monitor financial and operational internal controls across business unitsEnsure accurate and timely reconciliations (bank, inventory, vendor / customer ledgers)Implement and enforce system-driven checks and documentation protocolsCoordinate with cross-functional teams to build fraud prevention and detection systemsRegularly assess risk exposure in high-value processes such as inventory, procurement, logistics, and cash management️ Loss Prevention & Operational Risk Oversight
Develop and enforce loss prevention policies to reduce inventory shrinkage, theft, and fraud (internal / external)Design and monitor access controls, surveillance systems (CCTV), and incident reporting mechanismsLead investigations into fraud, theft, and operational anomalies; coordinate with legal and law enforcement when neededConduct periodic audits and site inspections to identify vulnerabilities and compliance gapsCollaborate with warehouse, retail, and supply chain teams to align security protocols with business workflowsAnalyze data to identify patterns of loss, fraud, or operational inefficiencies and take preventive actionsTeam Leadership
Build and mentor a high-performing accounting and risk management teamEstablish SOPs for consistent, efficient accounting and loss prevention practicesTrain operational and finance teams on internal control, fraud awareness, and SOP adherenceIf interested please share your CV at arshita.shetty@ipsgroup.co.in
