Financial Controller - UK Based Company

Recruiter
The Greater Change
Location
Chennai, Tamil Nadu, India
Salary
Competitive salary
Posted
13 Nov 2024
Closes
12 Dec 2024
Ref
BA8FC149F1
  • Job Title: Financial Controller
  • Location: Chennai, India
  • Industry: Construction
  • Client: UK-Based Construction Company


Job Overview

Our client, a leading UK-based construction firm, is seeking a Financial Controller to oversee and manage financial operations across the UK, India, and other global locations as required. Based in Chennai, this role will focus on financial strategy, compliance, and leadership in a dynamic, multi-location environment.

Key Responsibilities
  • Financial Planning & Analysis: Develop and implement financial plans aligned with the company's strategic goals. Use advanced financial analysis to assess project performance, operational efficiency, and identify potential risks and opportunities.
  • Risk Management: Identify, evaluate, and manage financial risks, including credit, market, and operational risks. Report findings to the CFO/CEO to support policy development.
  • Financial Accuracy & Transparency: Ensure the accuracy, transparency, and timeliness of all financial data. Provide strategic financial support to align with business objectives.
  • Financial Statements & Compliance: Oversee the preparation of financial statements, ensuring compliance with local and international accounting standards.
  • Stakeholder Relations: Build and maintain relationships with investors, banks, and financial institutions. Negotiate favorable terms and conditions.
  • Market Insight: Maintain a strong understanding of industry trends, economic conditions, and regulatory changes to align the company's financial strategy with market realities.
  • Payment Management: Ensure timely processing and adjustment of payments as scheduled.
  • Budgeting & Forecasting: Develop annual budgets, monthly forecasts, and variance analyses to support strategic planning and financial management.
  • Tax Compliance: Ensure compliance with applicable tax regulations, including GST, VAT, and corporate tax filings across India, UAE, and the UK.
  • Cash Flow & Working Capital Management: Oversee cash flow forecasting and working capital requirements to maintain liquidity and support business growth.
  • Project Accounting - The successful Financial Controller must have experience of project accounting, and they should have worked in roles with multiple ongoing, high-value, and complicated projects.
  • Group Accounting - FC should have experience working within a group structure. They should have thorough process knowledge and experience around dealing with intercompany cross charges, intercompany loans and multicurrency trading. They should understand how to prepare group accounts and intercompany reconciliation processes.
  • Team Development: Conduct training sessions to upskill team members in financial best practices and compliance requirements.
  • Cross-Functional Collaboration: Work with HR, Operations, and other teams to align financial objectives with broader business goals.
  • Health, Safety, Environment, and Quality (HSEQ): Support the culture of HSEQ by ensuring financial resources for these initiatives and aligning financial strategies with sustainability goals.

Requirements

Professional Competencies
  • Education: Bachelor's degree in Finance, Accounting, or a related field.
  • Experience: Minimum of 7+ years in financial management, with at least 3 years in a multinational environment handling regional finance operations.
  • Technical Skills: Proficiency in financial software, ERP systems, MS Excel, and data visualization tools.
  • Regulatory Knowledge: Strong understanding of tax laws and regulatory compliance in India and the UK.
  • Communication: Excellent interpersonal and communication skills for working with multicultural teams and senior management.


Personal Competencies
  • Analytical Skills: Strong attention to detail with an analytical mindset.
  • Problem-Solving: Proactive problem-solver capable of managing multiple priorities and resolving complex financial issues.
  • Process Improvement: Experience in process improvement and system implementations is a plus.
  • Professionalism: High degree of ethical conduct and professionalism.

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