12 Sep
|
Avangarde Enterprises
|
New Delhi
12 Sep
Avangarde Enterprises
New Delhi
Job Title: Financial Controller
Department: Finance & Accounts
Reports To: Managing Director
Location: Connaught Place
Employment Type: Full-time
Job Purpose
We are seeking a highly responsible and meticulous Financial Controller to oversee our financial operations, manage cash outflows, and ensure absolute regulatory compliance. The ideal candidate will take full ownership of the payment approval workflow, validating disbursements against standard accounting principles and commercial contracts. Additionally, this individual will act as the company's Authorized Representative (AR) for all income tax, GST, and banking matters.
Key Responsibilities
1. Payment Authorization & Commercial Review
- Strict Disbursement Oversight: Exercise responsible authority over the company’s payment release cycle, managing multi-tier approval workflows.
- Accounting Standards Verification: Review all invoices and claims to ensure accurate ledger provisioning and strict compliance with applicable accounting standards (e.g., Ind AS / IFRS / US GAAP).
- Commercial Alignment: Validate every payment request against signed commercial agreements, purchase orders (POs), and service level agreements (SLAs) to guarantee value-for-money and prevent overpayments.
- Risk & Fraud Mitigation: Spot anomalies, unauthorized deviations, or compliance gaps in payment claims before providing executive approval.
2. Taxation & Authorized Representation (AR)
- Direct & Indirect Tax Representation: Act as the formal Authorized Representative (AR) for the company. Prepare documentation, draft responses, and represent the organization during Income Tax and GST audits, scrutiny assessments, or legal disputes.
- Tax Compliance Management:
Monitor periodic GST filings (GSTR-1, 3B, GSTR-9/9C) and Input Tax Credit (ITC) reconciliations. Oversee Income Tax obligations including advance tax, TDS returns, and corporate tax filings.
- Regulatory Updates: Ensure the organization adapts to evolving tax laws, utilizing the correct statutory forms and legal frameworks.
3. Banking & Treasury Operations
- Banking Representation: Serve as the primary liaison with commercial banks for maintaining corporate accounts, renewing credit facilities, and managing working capital setups.
- Treasury & Cash Flow: Oversee cash flow forecasting to ensure sufficient liquidity is maintained for approved payments while maximizing yield on surplus funds.
- Audit & Compliance: Handle statutory bank audits and resolve any compliance or anti-money laundering (AML) inquiries raised by banking partners.
Required Qualifications & Experience
- Education: CA), CPA, CMA, or a Masters in Finance from a premier institution.
- Experience: Minimum of 7–10 years of progressive experience in corporate finance, with at least 3 years in a Controller or leasership managerial role managing payment workflows as core part of job.
- Taxation Expertise: Documented experience handling direct and indirect tax litigation or representing an organization before tax authorities.
- Technical Skills: High proficiency in major Enterprise Resource Planning (ERP) systems (e.g., SAP, Oracle, NetSuite) and advanced Excel.
Core Competencies
- High ethical standards with a strict adherence to corporate governance.
- Robust legal acumen to interpret complex commercial arrangements and tax laws.
- Assertive communication style to uphold financial discipline across departments.
📌 Financial Controller (New Delhi)
🏢 Avangarde Enterprises
📍 New Delhi