05 Oct
|
Talentiser
|
Bengaluru
05 Oct
Talentiser
Bengaluru
This opportunity is with out client a rapid-growing Bengaluru-based D2C consumer-tech startup in the consumer durables space, building technology-enabled home solutions through an innovative product and subscription-led business model.
Designation: Head of Finance and Accounts (Finance Controller)
Location: Bangalore
5 dyas WFO
Experience: 8-15 years as Finance Controller
Job Role
- Financial Management:
- Develop and maintain financial policies and procedures to ensure accuracy and efficiency in financial reporting and control.
- Prepare and manage the production facility budget, including forecasting and variance analysis.
- Monitor financial performance, providing insights and recommendations to support decision-making and strategic planning.
- Be the POC for finance with vendors
- Monitoring of special projects
- Inventory Control:
- Oversee inventory management processes to ensure optimal stock levels and minimise carrying costs.
- Implement and monitor inventory valuation methods and ensure accurate recording of inventory transactions.
- Conduct regular inventory checks/audits to reconcile discrepancies and ensure compliance with financial controls across all locations.
- Material Planning:
- Collaborate with production and supply chain teams to develop and manage material planning strategies.
- Analyse material usage trends and forecast future requirements to ensure timely procurement and minimise disruptions.
- Assess the financial impact of material planning decisions and recommend adjustments as needed.
- Responsible for order to cash process
- Process Optimisation:
- Evaluate and enhance financial processes and systems to improve efficiency and accuracy.
- Implement best practices for financial controls and reporting, ensuring compliance with regulatory requirements and company policies.
- Identify and drive process improvements related to cost management, inventory turnover, and working capital optimisation.
- Owning all the finance process, tools and the ERP modules.
- Monthly Book Closures:
- Oversee the monthly book closures, ensuring that financial records are accurate and up-to-date.
- This involves reconciling accounts, validating transaction entries, and addressing any discrepancies to maintain the integrity of the financial statements.
- You will get the sign off from various business teams on the numbers and metrics.
- You will coordinate with accounting teams to complete month-end processes efficiently,
ensuring that all financial activities are recorded accurately and on time.
- Your attention to detail and timely completion of book closures will provide a solid foundation for financial reporting and analysis.
- Reporting and Analysis:
- Prepare detailed financial reports for plant management, including performance metrics, cost analyses, and financial forecasts.
- Conduct variance analysis to identify and explain deviations from budgeted performance.
- Assist in MIS preparation and presentations.
- Responsible for the internal and external audit processes.
- Team Leadership:
- Lead and mentor a team of finance professionals, providing guidance and support to ensure effective performance.
- Foster a collaborative working environment and drive continuous improvement within the finance team.
- Compliance and Governance:
- Ensure compliance with local regulatory requirements and corporate governance standards.
- Stay updated on changes in financial regulations and industry best practices, integrating relevant updates into plant operations.
- Qualifications:
- Bachelor's degree in Finance, Accounting, Business Administration, CA, CPA, CMA, or equivalent professional certification is preferred.
- Minimum of 5-7 years of experience in controllership, with a strong focus on inventory control and material planning in a production setting.
- Proficiency in financial software and ERP systems (e.g., ERP Next).
- Excellent analytical skills with a strong understanding of financial statements and key performance indicators.
- Strong communication skills and the ability to collaborate effectively with cross-functional teams.
- Demonstrated leadership and team management abilities.
- Knowledge of Indian financial regulations and compliance requirements.
- Key Attributes:
- Analytical mindset with a keen eye for detail.
- Proactive approach to problem-solving and process improvement.
- Ability to manage multiple priorities and work under tight deadlines.
- Strong organisational and time-management skills.
- Willingness to work from the production facility and the head office (both in Bangalore
📌 Head of Finance and Accounts || startup || 8-15 years experience || Bangalore || 25LPA (Bengaluru)
🏢 Talentiser
📍 Bengaluru