Description

Job Title Unit Finance Controller Department / Division

Finance & Accounts

Position reports to

Centre Director

External Interface

(Enlist external agencies/authorities that you are required to deal with while discharging your duty)

- Financial institutions/ Corporate bodies

- Auditors

- Statutory/ Regulatory agencies

- Retailers

- Vendors/ Agencies

Minimum Qualification

(i.e education, training etc.)

- Chartered Accountant

Minimum Experience

- 15 years of industry experience in the finance function with a knowledge of retail operations

Special Skills/Attributes

(required for performing the job effectively)

- In-depth Knowledge of Accounting Standards & Systems

- Understanding of Statutory/Regulatory Compliance Management

- Understanding of Financial Risk Management framework

- Principals of Tax Management

Overall Purpose/Objective Of the job

Drive the financial planning and support the formulation of the short term and medium term business plan for the Center. Ensure operational efficiency and fiscal discipline by developing and implementing appropriate processes and systems in accordance with statutory requirements, corporate policies and procedures

Key Responsibilities

(List major responsibilities, that you have, to achieve the key objectives)

- Develop the financial strategy, goals and targets for the Centre in line with corporate philosophy and strategy

- Monitor compliance with set accounting and reporting standards as well as internal control systems defined by the Corporate to ensure timeliness and accuracy of accounting for the Center

- Ensure adherence to statutory compliances and ensuring proper documentation of all books of accounts, reports, lease and revenue contracts

- Ensuring the collation, compilation and preparation of Center annual budget requirement (both Capital and Operational expenditure) of various departments at the Center for the coming year and review the same





- Monitor the budget spending of each department at the Center on a regular basis by analyzing the planned Vs. actual spend and escalating any significant variance to the Center Director

- Ensure periodic auditing of Center’s accounts, to ensure accuracy and compliance with internal and external accounting standards and ensuring compliance with all findings/ recommendations

- Ensure adherence to the Corporate insurance guidelines and provide coordination to ensure that the Center is adequately and cost effectively insured against risks

- Ensure compliance with tax authority regulations and laws (pertaining to service tax) to ensure that the Centers finances are accurately and timely reported

- Responsible for collection of receivables from the retailers in case of significant delays/ disputes/ non-reconciliation of balances, etc.

- Manage Retailer Relationships by ensuring retailer set-up is done as per defined processes and review all necessary information for the retailer (commercial terms and agreement, etc.)

- Develop and leverage relationships with Banks, Financial Institutions,as well as liaise with legislative/ statutory bodies (service tax, excise, customs duty etc.) for all compliance requirements and to create and maintain cordial relations

- Ensure verification of the bills raised by various service providers/ agencies to ensure all supporting & statutory documents are in place before approving the same for payment

Responsibilities





- Drive financial planning and support the creation of short-term and medium-term business plans for the Center.
- Ensure operational efficiency and fiscal discipline by developing and implementing suitable processes and systems.
- Stay updated with statutory requirements, corporate policies, and procedures to maintain compliance.
- Collaborate with cross-functional teams to gather insights and data for financial planning and analysis.
- Prepare and present financial reports, budgets, and forecasts to senior management and stakeholders.
- Analyze financial data and provide insights to support decision-making and strategic planning.
- Monitor and manage cash flow, ensuring optimal liquidity and financial stability.
- Implement internal controls and risk management frameworks to safeguard financial assets.
- Oversee and manage the finance team, providing guidance and support to ensure high-quality work.
- Stay informed about industry trends and best practices in finance and accounting.

Qualifications

- Bachelor's degree in Finance, Accounting, or a related field; Master's degree preferred.
- Minimum 8 years of experience in finance and accounting, with at least 3 years in a managerial role.
- Strong knowledge of financial planning, analysis, and reporting processes.
- Proficiency in using financial software and tools for budgeting, forecasting, and data analysis.
- Excellent understanding of statutory requirements, corporate policies, and financial regulations.
- Strong leadership and management skills, with the ability to lead and motivate a finance team.
- Exceptional analytical and problem-solving abilities, with a keen eye for detail.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively.
- Ability to work independently and manage multiple priorities in a quick-paced environment.
- High level of integrity and a commitment to maintaining confidentiality.

📌 Unit Finance Controller (Pune)
🏢 Phoenix Mills
📍 Pune