Financial Controller – Commodity Trading – Banking & Finance – CA One World HR

The Corporate Institute; Mumbai; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

The Corporate Institute in Mumbai seeks a seasoned Financial Controller to lead the Finance & Accounts function for an agri-commodity procurement, trading and trade-finance business. You will own financial control, reporting, working capital, cash flows, trade accounting, taxation, compliance and commercial finance.

You will oversee the complete transaction cycle from procurement and inventory to financing, sales and collections, ensuring robust controls and timely financial closure.

Qualifications

• Qualified Chartered Accountant with 5-7 years post-qualification experience.
• Experience in commodity trading, agri-business, trade finance, NBFC or other working-capital-intensive businesses.
• Strong understanding of inventory-led businesses, customer funding/exposure and financing/interest income.
• Hands-on experience in financial reporting, book closure, taxation, GST, audits and financial controls.
• Strong working-capital management and cash-flow planning.
• Strong Excel and ERP proficiency.
• Excellent analytical and stakeholder-management skills.

Responsibilities

• Own the Finance & Accounts function and ensure accuracy, timeliness and integrity of financial reporting.
• Review and approve monthly P&L, Balance Sheet, Cash Flow and MIS prepared by the finance team.
• Drive monthly, quarterly and annual book closure.
• Establish and strengthen accounting processes, internal controls and financial checks.
• Ensure strong accounting hygiene across all trade and financial transactions.
• Oversee accounting for commodity procurement, inventory, customer releases, sales and trade-finance transactions.
• Monitor customer-wise exposure, outstanding receivables and financing periods.
• Review and ensure accurate accounting of interest/financing income and related costs.
• Monitor profitability and financial performance at the transaction/customer/commodity level.
• Ensure appropriate accounting and revenue recognition across trade transactions.
• Own working-capital management and cash-flow planning.
• Liaise with banks for working-capital, trade-finance and banking requirements.
• Review bank, loan and trade-finance reconciliations.
• Monitor financing costs and identify opportunities to improve the cost and efficiency of funds.
• Lead, mentor and develop the Finance & Accounts team.
• Review team deliverables and ensure accuracy and timely completion of financial activities.

Skills

CA

Financial reporting

Taxation GST

ERP proficiency

Excel skills

Stakeholder management

Working capital

Education

Chartered Accountant (CA)

Tools

Excel

ERP systems

Job description

Job Description:

We are looking for a Financial Controller to lead the Finance & Accounts function for an agri-commodity procurement, trading and trade-finance business.

The role will have end-to-end ownership of financial control, reporting, working capital, cash flows, trade accounting, taxation, compliance and commercial finance. The Financial Controller will provide financial oversight across the complete transaction cycle – from commodity procurement and inventory holding through customer release, financing, sales and collections.

Key Responsibilities:

Financial Control & Reporting:

• Own the overall Finance & Accounts function and ensure accuracy, timeliness and integrity of financial reporting.
• Review and approve monthly P&L, Balance Sheet, Cash Flow and MIS prepared by the finance team.
• Drive monthly, quarterly and annual book closure.
• Establish and strengthen accounting processes, internal controls and financial checks.
• Ensure strong accounting hygiene across all trade and financial transactions.

Commodity & Trade Finance:

• Oversee accounting for commodity procurement, inventory, customer releases, sales and trade-finance transactions.
• Monitor customer-wise exposure, outstanding receivables and financing periods.
• Review and ensure accurate accounting of interest/financing income and related costs.
• Monitor profitability and financial performance at the transaction/customer/commodity level.
• Ensure appropriate accounting and revenue recognition across trade transactions.

Working Capital & Treasury:

• Own working-capital management and cash-flow planning.
• Monitor inventory funding, receivables, payables, customer advances and overall liquidity.
• Liaise with banks for working-capital, trade-finance and banking requirements.
• Review bank, loan and trade-finance reconciliations.
• Monitor financing costs and identify opportunities to improve the cost and efficiency of funds.

Tax, Audit & Compliance:

• Oversee GST, TDS, taxation and statutory compliances.
• Lead interactions with statutory and internal auditors, tax advisors and other external stakeholders.
• Review audit schedules, financial controls and compliance requirements.
• Ensure timely resolution and closure of audit observations.

MIS & Commercial Finance:

• Provide management with meaningful financial MIS, business analysis and performance insights.
• Analyze customer profitability, commodity margins, inventory position, customer exposure and cash conversion.
• Identify financial risks, leakages and opportunities to improve working capital and profitability.
• Work closely with Procurement, Sales and Operations teams to ensure appropriate financial controls.

Team Management:

• Lead, mentor and develop the Finance & Accounts team.
• Review team deliverables and ensure accuracy and timely completion of financial activities.
• Build robust finance processes and systems that can support the company’s growth.

What We’re Looking For:

• Qualified Chartered Accountant (CA).
• 5-7 years of post-qualification experience.
• Strong experience in commodity trading, agri-business, trade finance, NBFC or other working-capital-intensive businesses.
• Strong understanding of inventory-led businesses, customer funding/exposure and financing/interest income.
• Hands-on experience in financial reporting, book closure, taxation, GST, audits and financial controls.
• Strong understanding of working-capital management and cash-flow planning.
• Strong Excel and ERP proficiency.
• Excellent analytical and stakeholder-management skills.