Finance Controller

Job Summary:

In this role, you will be responsible for leading the financial and operating performance for the division. planning and analysis, forecasting, budgeting, and internal control.

Responsibilities:

• Analyze financial data and prepare financial reports, statement and projections pertaining to the Business Division
• Generating Divisional Profitability Summary, comparing with the budget and work out the trends and variance analysis
• Oversee day-to-day accounting operations, including accounts payable, accounts receivable, and general ledger
• Lending support in Working Capital management, including monitoring of receivables
• Involvement in periodic audits and recommending procedural improvements
• Reconciling Division’s Accounts and Financial statements in consultation with Central Finance
• P&L Forecast (identifying upfront drivers of gross contribution, expenses and provisions in clear targets to meet the DOC for the Month)
• Working with business teams to improve the margins by identifying areas that have scope for Improved efficiency and cost reductions
• Flash results preparation: MTD /YTD and other MOR dashboards, including additional financial metrics such as EBIT /ROCE /EVA
• Closely working with Category and sales team on claim management
• Highlighting the prime points for reporting Division’s financial outlook and forecasts in consultation with Business and Central Finance.
• Recommending benchmarks for measuring the financial and operating performance of division.
• Implementing Financial Controls and ensuring compliances as per the laid down processes in Business transactions, credit management, business planning and procurements.
• Assisting Division Head and Central Finance in financial planning and finalizing budget for the Division in the beginning of the year.
• Providing decision support to Business Head and Senior Managers from a financial perspective as the key finance resource for division.

Must Have experience with an industry having transactions in Repair/Service, Warranty, and Spares.

Qualification & Skills:

• CA / ACCA Degree with 5-10 years of experience in similar roles
• In depth knowledge of accounting, business finance, receivables & payables
• Strong communication and collaboration skills, with the ability to work effectively in a team environment