Business Controller

Chennai - India

Monthly Salary: Not Disclosed

Experience Required: 10-15years

Posted on: 5 hours ago

Vacancies: 1 Vacancy

Job Summary

Function Business Finance

Job Title Business Controller

Key Purpose of the Job Business partnering driving financial performance & KPIs and ensuring control and governance.

QUALIFICATION OF JOB HOLDER: -

Qualification CA or MBA in Finance (Premier Institute)

Experience CA with 12- 15 years post qualification experience

KEY RESPONSIBILITIES:

1. Business Partnering

Work with business heads to support and drive the business growth Leading/guiding team of controllers and leading from the front

Managing and driving business and financial KPIs

Driving profitability and efficiency improvement

Owning full P&L and Balance sheet along with business heads

Managing key stakeholders

Driving cross functional relationship

2. Budgeting

Responsible for preparation and managing the annual country budget & forecasts as per group timelines and guidance

Finalization of departmental cost center budget

Finalization of segment/ region budget

Through variance analysis and identifying the key drivers

3. Revenue assurance & Cost Controlling

Analyzing & Challenging direct and indirect cost

Identifying potential Cost optimization areas

Reviewing evaluating and recommending improvements to internal control systems and procedures that enable cost control

Building an effective process for revenue leakage

Serving as an advisor and agent to implement efficient accounting and financial policies and procedures that would lead in controlling costs & increasing profits

4. MIS & Reporting

Managing preparation of reports required by regulatory agencies

Timely Group reporting

Reporting and presentation of the financial outcome business plans and projections to local management.

Preparation and publishing timely monthly financial statements incl. variance analysis of the results for the organisation

Supporting and preparation of year-end processes and reporting

Other Financial Activities

Analyzing financial and operational information identifying strengths/weaknesses and recommending improvements in methods and processes

Financial investigation and analysis of regional performance in all areas to management

Overseeing and developing the planning model within the Region through target setting action planning financial projections and simulations as well as follow up and deviation analysis

Responsible for managing the Cash Flow

Proposing and participating in improvements to the overall company accounting model

Proposing and participating in developing processes and procedures to minimise regions operational risks

Proposing and participating in developing processes and procedures to achieve administrative efficiency and protection of company assets and values

Overseeing that company policy laws and regulations are complied with

Ensuring quality control over financial transactions and financial reporting

Developing and documenting business processes and accounting policies to maintain and strengthen internal controls

Managing and complying with local state and federal government reporting requirements and tax filings

Handling Ad hoc-assignments that will strengthen and develop the organization Team Management

Developing team members & augmenting their development through proper training

Addressing & guiding team members in case of any queries concerns internal conflicts

Agreeing Key Point Indicators (KPIs) of team members & Appraising them on the basis of the same

SKILLS REQUIRED BY JOB HOLDER:

Functional Skills

Financial Analysis Audit & Reporting

Budgeting

Business Strategy

Variance Analysis

Internal Controls

KEY INTERACTIONS IN THE JOB:

1) Internal Stakeholders

2) Client Interaction

3) Statutory & Government bodies & Financial Institutions

Required Skills:

Financial Analysis Audit & Reporting Budgeting Business Strategy Variance Analysis Internal Controls

Required Education:

Education Qualifications: MBA in Finance / CA

Function Business Finance Job Title Business Controller Key Purpose of the Job Business partnering driving financial performance & KPIs and ensuring control and governance. QUALIFICATION OF JOB HOLDER: - Qualification CA or MBA in Finance (Premier Institute) Experience CA with 12- 15 years...