Financial Controller

Roles & Responsibilities

• Lead month-end and year-end closing processes, general ledger management, and internal financial controls compliant with Ind AS / Indian GAAP
• Oversee monthly physical inventory counts and reconcile physical stock against TALLY balances across RM, WIP, FG, and spare parts
• Enforce revenue and purchase cut-off procedures matching factory dispatches, customer sign-offs, and logistics costs
• Manage accruals, prepayments, ledger scrubbing, and calculate provisions for doubtful debts and warranty reserves
• Finalize monthly Financial Statements (P&L, Balance Sheet, Cash Flow) and deliver variance analysis reports to founders
• Ensure 100% compliance with GST, TDS, Corporate Tax, Transfer Pricing, ROC filings, and labor regulations (PF, ESI, PT)
• Act as primary liaison for statutory, tax, internal audits, and FEMA/customs compliance for imports/exports
• Develop financial models, annual budgets, rolling cash forecasts, and unit-economic analyses
• Establish standard costing frameworks, BOM auditing, and CapEx tracking for manufacturing operations
• Prepare financial data rooms, cap table updates, and investor reporting packages for fundraising rounds
• The role is based in Bhubaneswar and reports directly to the Co-Founders
• Involves oversight of plant and cost accounting including scrap rates and plant capacity utilization
• Requires management of foreign direct investment (FDI) inflows and FEMA regulations

Ideal Candidate

• Strong Financial Controller Profile with manufacturing cost accounting, statutory compliance, and FP&A depth
• Mandatory (Experience 1): Must have 10+ years of progressive finance experience, with knowledge of and experience in the manufacturing industry.
• Mandatory (Experience 2): Must have led month-end / year-end close, general-ledger management, and internal financial controls under Ind AS / Indian GAAP, including financial-statement finalization (P&L, Balance Sheet, Cash Flow), BRS, and variance analysis (Actual vs Budget, MoM).
• Mandatory (Experience 3): Must have hands-on experience with inventory, WIP & COGS reconciliation (physical counts vs Tally, BOM variance analysis, provisions/write-offs), monthly cost rollups, and GR/IR reconciliation.
• Mandatory (Experience 4): Must have experience enforcing revenue/purchase cut-off controls (dispatches, GRNs, GONs, E-Way bills vs invoice postings) and posting accruals, prepayments, amortization, and provisions.
• Mandatory (Experience 5): Must have strong statutory and tax compliance experience: GST (GSTR-1/3B/9/9C, GSTR-2B vs purchase register, ITC, E-Invoicing/E-Way), TDS/TCS (returns, Form 16/16A, advance tax), and Corporate Tax.
• Mandatory (Experience 6): Must have experience with ROC filings (AOC-4, MGT-7, MSME-1, PAS-3, DIR-3 KYC) via CS, labour compliance (PF/ESI/PT/LWF, Factories Act, Contract Labour Act), and leading statutory/tax/internal audits and due diligence.
• Mandatory (Experience 7): Must have experience with FEMA compliance (FC-GPR, FLA returns, EDPMS/IDPMS) and customs duty / bill of entry clearances for imported machinery/materials.
• Mandatory (Experience 8): Must be able to build financial models, annual budgets, rolling cash forecasts, and unit-economic analyses, and track manufacturing metrics (COGS, gross margins, scrap rates, plant capacity utilization).
• Mandatory (Experience 9): Must have experience establishing standard costing frameworks, inventory valuation, BOM auditing, and CapEx tracking for manufacturing.
• Mandatory (Experience 10): Must have experience in working-capital management (AP, AR, vendor terms, inventory turnover) and fundraising / board support (data rooms, cap table, investor reporting, due diligence).
• Mandatory (Tech skill): Must have deep knowledge of Ind AS and Indian tax, manufacturing cost accounting, ERP (SAP, NetSuite, or Tally), and advanced Excel / Power BI financial modeling.
• Preferred (Education): Qualified Chartered Accountant (CA) or MBA in Finance; CMA is a strong advantage.

Experience: 10–12 years · Work from office · 6 days a week · Notice period up to 30 days