Financial Controller

Education - Only Qualified CA's

Exp - 2-4 yrs

Location - Chennai

Roles and responsibilities

Annual Budgeting for different Vertical with detailed workings and analysis.

Providing Estimates for effective decision making; Actuals MIS Reporting; Variance Analysis

Control Working capital for all business

Collection estimates for effective cash management.

Monitoring IBND / Credit-GP Receivables:

Track collection patterns against IBND / Credit-GP outstanding

Advise details for advance received from customer

Regular review of customer ledger and advising necessary entries

Provision for bad and doubtful debts for Project / Govt / STU sales etc.

Inventory Management:

Timely reporting and valuation. Review of stock aging.

Enabling vehicle insurance from Stock to Vehicle-in-transit

Reconciliation of derived item-wise stock with SAP stock

Key Challenges of the Role

Manage Plan Vs. Actuals

Contain overheads within Budget

Monitor change in business dynamics to understand financial data and improve analytics

Communication of accounting principles / concepts to Marketing team

Adherence to Accounting Standards / Ind-AS

Regular monitoring of business assumptions in Budget and factor changes in Forecast.

Frequent knowledge upgradation in IT based techniques / software