Financial Controller

Ace International Limited; New Delhi; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

A leading food and beverage company in Delhi is seeking a Financial Controller to lead finance and accounting functions. The role involves overseeing financial reporting, budgeting, and compliance while acting as a strategic partner to various departments. Ideal candidates are Chartered Accountants with 8–10 years of experience, excellent analytical skills, and proficiency in ERP systems. This full-time position offers the chance to shape financial strategies in a dynamic environment.

Qualifications

• 8–10 years of post-qualification experience, preferably in manufacturing.
• Proven track record in financial reporting, budgeting and audits.
• Strong hands-on experience with ERP/accounting systems and financial modelling.

Responsibilities

• Oversee monthly, quarterly, and annual financial statements.
• Lead annual budgeting and forecasting processes.
• Design and monitor internal controls over finance functions.
• Support CFO in cash-flow planning and banking relationships.
• Lead and mentor the finance team, driving performance.

Skills

Analytical skills

Problem-solving skills

Strategic thinking skills

Communication skills

Leadership skills

Education

Chartered Accountant (CA)

Tools

SAP

Oracle

Business Central

Advanced Excel

Job description

The Financial Controller will lead the finance and accounting function, ensuring robust financial controls and accurate reporting, while acting as a strategic finance partner to operations, sales, and leadership for the business. The role will oversee end-to-end finance, from costing and working capital to budgeting, compliance, and strategic decision support.

Key Responsibilities

1. Financial reporting and closing

• Oversee monthly, quarterly, and annual financial statements, ensuring accuracy, timeliness, and compliance with Ind AS and company policies.
• Lead the month‑end and year‑end closing process, including review of ledgers, provisions, reconciliations, and consolidation of plant and corporate accounts.
• Prepare and present MIS, profitability analysis, and management dashboards for leadership review.

2. Budgeting, forecasting and analysis

• Lead annual budgeting and periodic forecasting for the company, covering sales, production, CAPEX, and overheads.
• Analyse variances vs. budget and prior periods, identifying drivers and recommending corrective actions to improve profitability and cash flow.
• Provide financial modelling and scenario analysis to support strategic decisions, new product lines and capacity expansions.

3. Costing and finance

• Oversee cost accounting for the overall operations, including raw materials, processing, utilities, labour, and overhead allocation.
• Review SKU / batch‑level costing, yield and loss analysis, and manufacturing variances; work closely with operations to increase efficiency and improve margins.
• Monitor inventory valuation for raw materials, WIP and finished goods; ensure accurate stock accounting, reconciliations, and periodic physical verification.

4. Controls, compliance and audits

• Design, implement, and monitor strong internal controls over purchasing, production, inventory, credit, and payments.
• Ensure timely and accurate compliance with all statutory requirements (GST, TDS, income tax, company law filings, etc.), coordinating with advisors as required.
• Lead internal and external audits, manage audit queries, and drive closure of control gaps and process improvements.

5. Treasury and working capital

• Support CFO in cash‑flow planning, banking relationships, and utilisation of working capital facilities (CC/OD, LC, BG, etc.).
• Monitor receivables, payables, and inventory to optimise working capital and minimise financing costs.

6. Leadership and strategy

• Lead and mentor the finance and accounts team; build capabilities, allocate responsibilities, and ensure a high standard of performance and ethics.
• Act as key finance business partner to management, sales, procurement, and operations, challenging assumptions and driving data‑backed decisions.

Qualifications and Experience

• Chartered Accountant (CA) with 8–10 years of post‑qualification experience, including significant exposure to manufacturing; dairy/FMCG/processing experience preferred.
• Proven track record in financial reporting, budgeting, cost accounting, and managing audits and compliance.
• Strong hands‑on experience with ERP/accounting systems (e.g., SAP, Oracle, Business Central or similar) and advanced Excel / financial modelling skills.

Skills and Attributes

• Strong analytical, problem‑solving, and strategic thinking skills with high attention to detail.
• Demonstrated ability to build and enforce processes and controls while partnering effectively with operations and commercial teams.
• Excellent communication and leadership skills; ability to influence senior stakeholders and manage a team.
• High integrity, ownership mindset, and comfort working in a fast‑paced and growing manufacturing environment.

Seniority level

Director

Employment type

Full‑time

Job function

Accounting/Auditing and Finance

Industry

Food and Beverage Services

Location: Delhi Cantonment, Delhi, India

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