Finance Controller (Bengaluru)

Finance Controller (Bengaluru)

01 Sep
|
Nambiar Builders
|
Bengaluru

01 Sep

Nambiar Builders

Bengaluru

Role Overview

We are looking for an experienced and commercially driven Finance Controller to oversee the complete finance and accounting function of our restaurant business. The role will be responsible for financial reporting, outlet-wise profitability, budgeting, cash-flow management, inventory and food-cost control, statutory compliance, internal controls and financial governance.

The ideal candidate should have strong experience in restaurants, QSR, cafés, hospitality, F&B;, retail, or other multi-outlet businesses, with a solid understanding of restaurant economics and operational finance.

Key Responsibilities

- Financial Reporting & MIS
- Manage monthly, quarterly and annual financial closing and reporting.
- Prepare and review P&L;, Balance Sheet, Cash Flow and Management MIS.
- Prepare outlet-wise revenue, profitability and cost reports.
- Analyse Budget vs Actuals and provide variance commentary.
- Provide financial insights and recommendations to senior management.
- Ensure timely and accurate financial reporting across all outlets/entities.
- Restaurant & Outlet Finance Control
- Monitor daily sales, collections, expenses and outlet-level financial performance.
- Reconcile POS sales with cash, UPI, credit/debit cards and bank collections.
- Monitor online delivery platforms and ensure accurate settlement reconciliation.
- Identify revenue leakages, billing irregularities, discounts, voids, refunds and cancellations.
- Establish strong financial controls across all restaurant outlets.
- Food Cost & Inventory Management
- Monitor and analyse food cost, beverage cost and overall COGS.
- Track purchases, consumption, closing stock, wastage and stock variances.




- Review inventory movement and identify slow-moving or excess inventory.
- Implement controls to minimise wastage, pilferage and inventory leakage.
- Work closely with Operations and Procurement teams to optimise food costs.
- Review recipe costing and standard food-cost percentages.
- Budgeting & Financial Planning
- Lead the annual budgeting and forecasting process.
- Prepare outlet-wise budgets and financial projections.
- Monitor operating expenses against approved budgets.
- Support business expansion plans and financial feasibility analysis for new outlets.
- Prepare cash-flow forecasts and working-capital requirements.
- Accounts Payable, Receivable & Cash Flow
- Oversee Accounts Payable, Accounts Receivable and General Ledger activities.
- Review vendor invoices, payment schedules and outstanding balances.
- Monitor daily cash position and working capital.
- Ensure timely bank and ledger reconciliations.
- Strengthen controls around petty cash, advances and expense claims.
- Statutory Compliance & Audit
- Ensure timely compliance with GST, TDS, Income Tax, PF, ESI, Professional Tax and other applicable regulations.
- Coordinate with statutory, internal and tax auditors.
- Ensure accurate documentation and audit readiness.
- Track and close audit observations within defined timelines.
- Internal Controls & SOPs




- Develop and implement finance SOPs and internal control procedures.
- Establish maker-checker controls for purchases, payments and approvals.
- Conduct periodic financial and operational audits of outlets.
- Identify process gaps, financial risks and control weaknesses.
- Recommend corrective actions to reduce financial leakage.
- Business Partnering
- Work closely with the Operations, Procurement, HR and Management teams.
- Provide financial insights to improve outlet-level profitability.
- Analyse sales trends, labour costs, food costs and operating expenses.
- Support management in pricing, promotions, cost optimisation and expansion decisions.
- Systems & Process Improvement
- Ensure effective utilisation of ERP, POS, accounting and inventory management systems.
- Improve automation and integration between POS, inventory and accounting systems.
- Develop dashboards and financial reports for management review.
- Standardise finance processes across multiple outlets.

Key Performance Indicators (KPIs)
- Timely and accurate monthly P&L; and MIS
- Outlet-wise profitability improvement
- Food & beverage cost control
- Reduction in inventory variance and wastage
- Accurate POS, cash and bank reconciliation
- Budget vs Actual variance control
- Working-capital and cash-flow optimisation
- Reduction of revenue leakages
- Timely statutory compliance
- Zero/low major audit observations
- Improved overall restaurant margins

Candidate Profile
- CA / CMA / MBA Finance / M.Com preferred.
- 6–12 years of experience in Finance & Accounts, with significant experience in Restaurant / QSR / F&B; / Hospitality / Retail.

📌 Finance Controller (Bengaluru)
🏢 Nambiar Builders
📍 Bengaluru

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