Financial Controller

Company Description

ITR India, formerly known as Shantilal C. Mehta : ShanParts Group, is part of the USCO ITR Group, the world's largest conglomerate dedicated to manufacturing and distributing components and spare parts for Earthmoving and Mining Equipment. With a legacy of delivering quality and reliability since 1947, the company became ITR India in 2025, combining expertise with global reach to better serve customers. Supported by 18 manufacturing facilities and 57 distribution centers worldwide, ITR India is committed to excellence in components and customer service. Located in the Mumbai Metropolitan Region, the organization strives to maintain innovation and integrity in all its endeavors.

Financial Controller :

1. Core Responsibilities

Financial Reporting : Accurately prepare and present timely financial management report (e.g., income statements, balance sheets, cash flow statements), ensuring compliance with accounting standards and Group standards. The controller must ensure these reports provide clear, actionable insights for both local management and corporate headquarters, maintaining a consistent format for decision-making.

Budgeting & Forecasting : Manage the annual budgeting process (3 years plan) and create regular financial forecasts to project future performance.

Financial Analysis : Conduct detailed financial analysis to identify trends, variances, and opportunities for improvement.

Compliance & Audit

Ensure, together with the accounting manager and the accounting department, adherence to all legal, tax, and regulatory requirements.

Internal Controls : Develop, implement, and maintain robust internal control systems to safeguard company assets and ensure data integrity.

Cash Flow Management

Monitor and manage the company's cash flow and liquidity.

Strategic Support : Partner with senior leadership to provide financial insights that support strategic decision-making.

2. Skills & Qualifications

Technical Skills

• Accounting Expertise :

Good knowledge of accounting principles and practices (IFRS / GAAP) and local GAAP.

Financial Software Proficiency : Extensive experience and deep understanding of financial systems are essential. This includes :

Advanced skills with ERP systems

(e.g., SAP, Microsoft Dynamics).

Strong knowledge with Business Intelligence (BI) tools

for generating insightful reports.

o The ability to leverage these tools to automate processes and streamline financial operations.

Spreadsheet Mastery : High proficiency in Microsoft Excel for complex financial modeling and data manipulation.

Data Analysis driven : Ability to analyze large datasets and translate them into actionable insights.

Soft Skills

3. Educational & Professional Background

o Experience with multi-currency and international operations is a plus for global companies.