Finance Control & Governance Manager New

NetVerks Inc.; Mumbai; On-site; INR 4,000,000 - 6,000,000; Full time

Job summary

NetVerks Inc. in Mumbai is seeking a Manager – Finance Controls & Governance to strengthen the control environment by ensuring SOP adherence, monitoring financial and system controls, and driving timely resolution of exceptions.

The role acts as the first line of defense within Finance to ensure financial processes are accurate, compliant, well-governed, and audit-ready. You will oversee reconciliations, SAP governance, and support audits while collaborating with Treasury, Compliance, IT and

Qualifications

• Chartered Accountant (CA), CMA, or MBA (Finance).
• 5–10 years of experience in Finance Controls, Internal Controls, Audit, Finance Operations, or ERP Governance.
• Experience in Financial Services, FinTech, Broking, or Banking preferred.
• Working knowledge of SAP FI/CO (ECC or S/4HANA), financial systems, and ERP controls.

Responsibilities

• Adhere to Finance SOPs, policies, and internal control frameworks; monitor key processes and identify gaps.
• Oversee reconciliations (bank, GL, settlement, suspense) and manage exceptions with timely closure.
• Monitor SAP financial controls, master data governance, and SoD; coordinate with IT for maker-checker controls.
• Support audits by providing control documentation, system evidence, and audit trails; escalate breaches.
• Prepare Finance Control MIS and dashboards; collaborate with Treasury, Operations, Compliance, Technology, and Product teams.

Skills

Financial Controls & Governance

Reconciliations

SAP/ERP Controls

Internal Controls & Risk

Process Improvement

Analytical Skills

Stakeholder Management

Communication & Detail

Education

CA

CMA

MBA (Finance)

Tools

SAP FI/CO (ECC/S/4HANA)

ERP Governance

Job description

Manager – Finance Controls & Governance

To strengthen the Finance control environment by ensuring adherence to approved SOPs, monitoring financial and system controls, overseeing reconciliations, and driving timely resolution of exceptions. The role acts as the first line of defense within Finance to ensure financial processes are accurate, compliant, well-governed, and audit-ready.

Key Responsibilities

• 1. Financial Controls & Governance
  Ensure adherence to approved Finance SOPs, policies, and internal control frameworks.
  Monitor key financial processes and identify control gaps and improvement opportunities.
  Conduct periodic control reviews and ensure timely implementation of corrective actions.
  Drive process standardization, automation, and continuous improvement initiatives.
• 2. Reconciliations & Exception Management
  Oversee critical reconciliations, including bank, GL, settlement, and suspense accounts.
  Monitor ageing of unreconciled items and ensure timely closure of exceptions.
  Investigate recurring reconciliation breaks and recommend preventive controls.
  Publish periodic dashboards on reconciliation status and control exceptions.
• 3. SAP & Financial Systems Controls
  Monitor SAP financial controls, master data governance, and accounting configurations.
  Review user access, Segregation of Duties (SoD), and maker-checker controls in coordination with IT.
  Monitor system interfaces, exception reports, manual journal entries, reversals, and suspense accounts.
  Participate in UAT for ERP enhancements and ensure financial controls remain effective.
• 4. Audit, Compliance & Risk
  Perform periodic control testing and compliance reviews.
  Track closure of Internal Audit, Statutory Audit, and Regulatory observations.
  Support audits by providing control documentation, system evidence, and audit trails.
  Escalate significant control breaches and operational risks to management.
• 5. MIS & Stakeholder Management
  Prepare Finance Control MIS and management dashboards.
  Coordinate with Treasury, Operations, Compliance, Technology, and Product teams to resolve control issues.
  Promote automation and technology-driven controls to reduce manual interventions.

Preferred Qualifications & Experience

• Chartered Accountant (CA), CMA, or MBA (Finance).
• 5–10 years of experience in Finance Controls, Internal Controls, Audit, Finance Operations, or ERP Governance.
• Experience in Financial Services, FinTech, Broking, or Banking preferred.
• Working knowledge of SAP FI/CO (ECC or S/4HANA), financial systems, and ERP controls.

Key Competencies

• Financial Controls & Governance
• Reconciliations & Exception Management
• SAP/ERP Controls
• Internal Controls & Risk Management
• Process Improvement & Automation
• Analytical & Problem-Solving Skills
• Stakeholder Management
• Strong Communication & Attention to Detail

Success Measures (KPIs)

• 100% adherence to Finance SOPs and control processes.
• Timely completion of critical reconciliations and reduction in ageing items.
• Closure of audit observations and control deficiencies within agreed timelines.
• Effective SAP access governance, SoD compliance, and system control monitoring.
• Reduction in manual processes through automation and enhanced system controls.
• Accurate and timely Finance Control MIS with zero material control failures.