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Financial Controller

Employer
Multi Recruit
Location
Bangalore Bengaluru Karnataka, Karnataka, India
Salary
35 - 40 lacs/annum
Closing date
May 22, 2024

View more

Job Role
Controller
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Responsible for the efforts and results of the financial department. Reporting to the Chief FO with regards to all financial and accounting activities overseeing financial department staff in day-to-day operations. Liaising with operations with respect to financial transactions performed by non-financial staff.

Financial control is concerned with ensuring that recorded data is accurate, on time, and within the rules set by the Company. The Financial Controller is also in charge of Policies and Procedures to ensure the right transactions are made by the appropriate employees and that appropriate authorizations are obtained according to policies agreed from time to time.

MiC benefits from the fact that it doesn’t have a large number of legacy systems; we suffer from the fact a lot of our systems are manual and spreadsheet-based however, we see this as an enormous opportunity to implement an ERP with high levels of automation.


Responsibilities

  • Create monthly and annual reports to identify results, trends, and financial forecasts
  • Manage cash flow by tracking transactions and regularly reviewing internal reports.
  • Supervise and manage financial department staff including accountants, bookkeepers, and financial assistants
  • Collaborate with HR to define roles and performance monitoring frameworks. Regularly review the performance of team members in line with performance monitoring frameworks.
  • Assist HR in defining recruitment needs and assessment of candidates. Once these have been identified.
  • Suggest updates and improvements for accounting systems including payroll and invoicing
  • Overseeing and managing the company secretarial function ensuring the appropriate filings and reports are completed in each Country that MiC operates within.
  • Implement, design, and maintain controls for managing financial transactions within the wider organization to ensure compliance with regulations and audit requirements.
  • Be sure that all financial transactions are properly recorded, filed, and reported
  • Establish and implement financial reporting systems to comply with government regulations and legislation in all of the territories and countries that MiC operates in.
  • Collaborate with auditing services to ensure proper compliance with all regulations
  • Develop budgets and financial plans for the Company based on data gathered from the constituent parts of MiC, external research for the markets within which MIC operates, and analysis of past trends.
  • Review all financial plans and budgets regularly and identify variances with reported financial performance.
  • Create systems to prevent errors in data collection and calculations
  • Report to the CFO with timely and accurate financial information
  • Assist the CFO in presenting reports to senior executives, investors, and Board Members
  • Responsible for the timely and accurate financial close process ensuring that all required reconciliations and analysis are concluded comprehensively during the close process.


You'll also get a chance to be part of:


Global team expansion: Building up a world-class team of talented and passionate people.

Requirements
  • Bachelor’s Degree or Masters Degree in Accounting, Business, Economics or related field
  • Several years of experience in business or finance environment; management experience; leadership skills; interpersonal skills; outstanding mathematical skills; honesty; integrity; reliability; solid written and verbal communication skills; high attention to detail; organization skills; critical thinking and problem-solving skills; research skills; analytical skills; computer skills; understanding of data privacy standards.
  • Certified public accountant or equivalent qualification
  • Self-starter, ability to identify issues, hold self and others accountable to achieve goals and resolve problems;
  • Internationalis view with good command of written and spoken English;
  • Strong technical ability - in-depth knowledge of relevant financial reporting standards;
  • Good communicator - ability to analyze trends and communicate these to CFO and wider management team in a concise and meaningful manner
  • Organized - with an ability to manage multiple tasks and competing priorities
  • Commercially minded - able to understand the wider business context working collaboratively across departments to add value through financial analysis and insight.


Bonus points:

  • Experience with Insurance-related industry
  • Having implemented a multinational ERP system including design, implementation, and deployment.

Benefits
  • 24 days holiday + 3 National holidays.
  • Share Option Scheme
  • Excellent compensation plan, well above the market average
  • You will be working for a Company that has talented colleagues and has a passionately focused culture
  • Extensive possibility for growth and professional development


Skills:- Finance Controller

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