Financial Controller

Location
Mumbai City, Maharashtra
Salary
Competitive
Posted
08 Aug 2022
Closes
05 Sep 2022
Ref
JN -072022-5701973
Contact
Abhimanyu Shahi
Contract type
Permanent
Hours
Full time
Experience level
Manager

As a member of the Regional Finance Team and local management team, the Finance Manager provides
essential commercial and finance support to the local management teams to facilitate the achievement of
business goals

enhance local decision making through the proactive provision of financial analysis and interpretation whilst also supporting the Orders to Cash function in a busy and
demanding environment.

Client Details

They are global leader in cash technology solutions, providing the financial, retail, cash centre and gaming industries
with confidence that their cash is protected.

Description

Lead and develop staff to maintain high levels of morale, motivation and productivity as a customer service
mindset is at the forefront
* Responsible for the day-to-day financial operations within the company, such as invoicing, payments and
other transactions
* Ensure all statutory audits, accounting and taxation is up to date, including all balance sheets clearly
reconciled every month and any differences resolved
* Manage the orders to cash function through working with the Invoicing Executives, to provide strategic
direction, manage customer credit limits, ensure that the sales contract database is kept up to date and
product & service invoicing is done in a timely manner
* Lead month end; Review and approve monthly journal entries, review account reconciliations, prepare and
review monthly reporting packs, KPI's, cashflow and ad-hoc financial information
* Ensure compliance with internal control systems and statutory financial regulations
* Partner with the operations team to close out any outstanding internal audit actions
* Analyse excess and obsolete/aging inventory and take appropriate action for optimizing inventory
* Monitor revenue and overheads and, where appropriate, propose corrective action in relation to deviations
against budget
* Review any ad-hoc pricing queries, challenging the sales team to maintain margins and profitability, and if
necessary get sign off through bid reviews

Evaluate new market introductions, analyse product margins, ROI and the impact of commercial discussions and pricing negotiations * Monitor and manage employee incentive schemes (including sales commission, bonus and profit share) * Lead the preparation of strategic plans, the annual budget, monthly and quarterly financial forecasts, helping to drive forecast accuracy * Within a couple of years, be the finance lead for the global implementation of Oracle within the local country, and lead the transformation of the finance team to global ways of working * Champion the ERP system, to ensure it is utilised to its full potential, in order to continually improve processes and efficiency with the Finance function and the wider business

Profile

CA/MBA
Qualifications: * Recognised accounting qualification with 10+ years of relevant industry experience * Able to demonstrate strong compliance and statutory technical skills * Able to demonstrate full understanding of all aspects of financial management, financial forecasting, budgeting and reporting * Strong experience of team development and change management * High level of computer literacy; MS Office; specifically, Excel
REQUIRED SKILLS AND COMPETENCIES * JD Edward system experience would be desirable * Highly self-motivated and directed * Ability to work under pressure and deliver results * High attention to detail and the ability to work accurately * Good communication skills in English (written and spoken) and interpersonal skills * Strong analytical and data presentation skills * Can demonstrate commercial acumen * Team player, relationship building approach and experience working as a 'business partner'
GLORY

Job Offer

MNC Culture

High growth opportunity

Freedom to make decisions

Best in industry CTC and Allowances

To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Abhimanyu Shahi on +91 (0) 22 4236 3325.

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