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Finance Controller
Finance ControllerInsight Advisors Private Limited • Pune City, MH, in
Finance Controller

Finance Controller

Insight Advisors Private Limited • Pune City, MH, in
12 days ago
Job type
  • Quick Apply
Job description

Job Description

Key Responsibilities

1. Financial Reporting & Consolidation

  • Lead the month-end and year-end closure process for the parent company and subsidiaries.
  • Prepare and review consolidated financial statements in line with Ind AS and applicable accounting standards.
  • Oversee inter-company reconciliations, eliminations, and consolidation adjustments.
  • Drive efficiency and automation in reporting, MIS, and consolidation processes.

2. Statutory Audit & Compliance

  • Manage statutory audits end-to-end across entities and coordinate with external auditors.
  • Ensure compliance with the Companies Act, Ind AS, Income Tax, GST, and other statutory requirements.
  • Prepare audit schedules, resolve audit observations, and ensure timely completion of audits.
  • Oversee internal audit observations and implementation of control measures.
  • 3. Procure-to-Pay (P2P) & Expense Management

  • Oversee the P2P cycle, including vendor onboarding, invoice processing, and payment approvals.
  • Ensure compliance with procurement policies and proper authorization controls.
  • Monitor budgets, expense trends, and implement cost control measures.
  • Drive automation and efficiency in vendor payments and accounting workflows.
  • 4. COD (Cash-on-Delivery) Management

  • Establish and monitor controls over COD collections, deposits, and reconciliations.
  • Coordinate with operations and banks to ensure daily reconciliation and settlement accuracy.
  • Implement dashboards and exception monitoring to detect variances and prevent cash leakages.
  • 5. Banking & Cash Management

  • Serve as the primary liaison with banking partners for all operational and financing activities.
  • Manage relationships with multiple banks to ensure optimal service levels and cost efficiency.
  • Monitor and manage daily cash balances, cash positioning, and inter-company fund transfers.
  • Oversee disbursement processes, escrow mechanisms, and COD remittances to ensure compliance and liquidity.
  • Negotiate and maintain bank facilities including working capital limits, BGs, LCs, and term loans.
  • Ensure timely submission of bank reports, compliance certificates, and covenant monitoring.
  • Identify opportunities to optimize interest costs, streamline account structures, and enhance treasury efficiency.
  • Develop and implement strong controls for bank reconciliations, fund utilization, and approval hierarchies.
  • Coordinate with subsidiaries for cash flow forecasting and fund allocation.
  • 6. Cash Flow Planning & Treasury

  • Prepare and monitor rolling cash flow forecasts across entities.
  • Manage working capital efficiently, optimizing payables, receivables, and inventory cycles.
  • Support CFO in fund planning, loan drawdowns, and investment decisions.
  • Ensure timely collections, adherence to credit terms, and effective utilization of available cash.
  • 7. Internal Controls & Process Improvements

  • Strengthen Internal Financial Controls (IFC) and ensure periodic testing and certification.
  • Identify gaps in financial processes and implement corrective actions.
  • Drive process automation and digital finance initiatives (ERP, workflow, dashboards).
  • Ensure policy compliance across subsidiaries and functional teams.
  • 8. Team Leadership & Stakeholder Management

  • Lead, coach, and develop the finance and accounts team across parent and subsidiary entities.
  • Promote a culture of accountability, accuracy, and continuous improvement.
  • Collaborate with business, operations, and technology teams for financial discipline and alignment with business goals.
  • Present periodic financial insights to management and board leadership.
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    Finance Controller • Pune City, MH, in

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