:

Title: Financial Controller

Reports to: Principals

Role purpose:

Act as financial controller of the firm

Provide accurate, timely reports and information

Maintain financial controls, compliance

Support the business’ operational efficiency

Scope:

Internal firm finance (not client accounting)

Daily reconciliations, monthly reporting

Oversight of financial reporting, cash flow, WIP/debtors

Use of Xero accounting software

2. Key Responsibilities

A. Financial Reporting & Control

Prepare monthly management accounts (P&L;, balance sheet, management reports)

Maintain general ledger integrity and reconciliation processes

Prepare monthly payroll, superannuation,

BAS quarterly reporting, Monthly IAS and tax compliance

Manage year-end financial statements

Banking support

Maintain internal controls and financial policies

B. Practice Performance & Profitability

Monitor:

WIP (Work in Progress)

Debtors / collections

Realisation and recovery rates

Analyse job profitability and margin by:

Principal

Service line

Provide monthly performance dashboards to principals

C. Cash Flow & Treasury

Manage firm cash flow forecasting (short and medium term)

Monitor working capital (especially debtors)

Oversee banking relationships and funding arrangements





Ensure timely billing and collections processes

D. Systems & Process Improvement

Maintain and optimise

Xero accounting system

Xero Practice Manager (workflow and billing insights)

Improve financial reporting automation and dashboards

Drive process improvements across

Billing

WIP management

Expense control

Support AI / digital initiatives (aligned with your current firm focus)

E. Budgeting & Forecasting

Lead annual budgeting process (firm-wide and by principal)

Track actual vs budget and variances

Provide scenario modelling (e.g. staffing, pricing, growth)

F. Governance & Compliance

Ensure compliance with

Tax obligations (GST, PAYG, etc.)

Support principals with

Financial reporting packs

Maintain documentation and financial policies

G. Stakeholder Management

Liaise with

Principals

Office manager / admin team

Provide financial insights in principal meetings

3. Key Performance Indicators (KPIs)

Timeliness and accuracy of monthly reporting

Debtors days / collection performance

WIP levels and lock-up

Budget vs actual variance control

Cash flow stability

Process efficiency improvements

Quality of insights provided to principals

📌 Financial Controller - Australia (Ahmedabad)
🏢 Mantras2Success
📍 Ahmedabad