28 Aug
|
TestHiring
|
Bengaluru
28 Aug
TestHiring
Bengaluru
Controls and the monthly close
- Close the books by working day 5, every month, against a checklist.
- Design segregation of duties, the approval matrix and delegation of authority;
- Own inventory valuation across raw material, WIP, finished goods and packing material, and its reconciliation to the books.
Costing and unit economics
- Build product-wise costing: landed cost per kg of pupae, conversion cost per MT, yield and loss accounting, and contribution margin for LoopMeal and LoopOil by customer and geography.
- Publish margin by product monthly, and be able to explain every movement in it.
- Own the annual budget and the monthly budget-versus-actual review, built with the plant and procurement teams rather than for them.
Cash, treasury and working capital
- Own a rolling cash flow and the working capital cycle, each against a stated target.
- Manage banking relationships and the cost of debt — negotiate terms rather than accept them.
- Own currency exposure on export receivables: hedging policy, booking discipline and realisation against booked rate, plus export incentives and documentation.
Capital and lenders
- Build and hold the data room so that we are diligence-ready before diligence begins.
- Own the financial model, the diligence response, covenant negotiation and compliance reporting.
Compliance, audit and risk
- Drive the statutory audit to a clean report with no material adjustments.
- Review — not prepare — GST, TDS, PF, PT and income tax positions; own tax planning and structuring as the company grows.
- Own insurance cover,
commercial contract review and the risk register.
Team and systems
- Mentor the Accounts Manager deliberately toward controller-level capability, and hire and build the layer below.
- Own the finance side of the ERP rollout and the shift from spreadsheets to a system of record.
What the first year looks like
- Months 6–12 — data room current; debt facility negotiated; next year's budget built bottom-up; a clean statutory audit.
What We're Looking For
Non-negotiables
- Integrity. This role carries banking authority, payment approvals and the numbers we will put in front of investors and lenders. We reference-check carefully and expect complete transparency.
- Someone who opens the ledger. There is no team beneath you on day one beyond one Finance Manager. When a reconciliation is wrong, you will find out why yourself.
- Ownership. We run on freedom and responsibility. Nobody will chase you for updates. In exchange, you own the outcome, you raise problems early, and you never let something quietly fail.
Requirements
- Chartered Accountant, or Cost Accountant (ICWA) with solid financial accounting depth.
- 5+ years, including genuine manufacturing costing experience — you have built a costing model, not consumed one.
- Ideally the second finance person in a small company, or someone who built a function from a small base, rather than the seventh in a large finance department.
- Preferred: exports and currency hedging; a funding round or bank diligence handled from the company side; ERP implementation;
📌 Require a Finance Controller in Bengaluru
🏢 TestHiring
📍 Bengaluru