Financial Controller Bangalore, India

Axi; Bengaluru; On-site; INR 3,500,000 - 6,500,000; Full time

Benefits offered by this job

Health Insurance

18 annual leave days

12 sick days

Public holidays

Maternity leave

Learning opportunities

Job summary

Axi is seeking a Regional Financial Controller – India based in Bengaluru to lead end‑to‑end financial accounting for all India entities. You will oversee monthly closes, ensure robust controls, and manage regulatory reporting for RBI/SEBI filings.

The role involves establishing finance frameworks for a new regulated entity and driving efficiency across statutory, tax, and payroll processes. Ideal candidates have CA qualification with 8–12+ years in regulated financial services or fintech,

Qualifications

• CA with 8–12+ years post‑qualification experience.
• Strong technical expertise in financial control and statutory reporting.
• Experience in regulated financial services, fintech, capital markets, or brokerage sectors preferred.
• Proven ability to establish processes, controls, and systems in growth environments.
• Excellent communication, analytical, and problem‑solving capabilities.

Responsibilities

• Lead end‑to‑end financial accounting for all India entities, ensuring accuracy and integrity of financial results.
• Oversee monthly close and prepare management accounts and variance analyses.
• Maintain a robust control environment aligned with group policies and internal audit standards.
• Establish regulatory finance framework for the new regulated entity and ensure RBI/SEBI filings.
• Manage statutory audits, corporate tax filings, GST, and transfer pricing.
• Lead payroll statutory requirements including TDS, PF, gratuity, and labour law compliance.
• Establish scalable processes for AP/AR, treasury, banking, and reconciliations.
• Support settlements and operating finance with global teams; implement financial systems.
• Provide financial insights and budgeting/forecasting support to India leadership.

Skills

Financial control

Statutory reporting

Ind AS

IFRS exposure

Regulatory finance

Financial systems implementation

Education

Chartered Accountant

Tools

ERP systems

Financial reporting tools

Job description

Please note that we will only be able to accept candidates who have the appropriate rights and documentation for employment in India.

Who we are.

Axi is a leading global provider of margin and deliverable Foreign Exchange, Contracts for Difference (CFDs), and Financial Spread betting. Our business has evolved into a world‑class, multifaceted brokerage with offices in six regions. With heavy investment in the latest trading technology, Axi seeks to offer the most comprehensive end‑to‑end trading experience available, servicing traders of all levels from beginners to institutional‑level clients.

The Regional Financial Controller – India

The Regional Financial Controller – India will hold primary responsibility for the financial control, statutory reporting, regulatory finance, and financial operations of Axi’s India entities. This position is both strategic and hands‑on, requiring the incumbent to build processes from inception while ensuring ongoing operational excellence. The role serves as the senior finance representative for the country.

Your EDGE Assignment / You Will

• Lead end‑to‑end financial accounting for all India entities, ensuring accuracy, completeness, and integrity of financial results.
• Oversee the monthly close process and prepare management accounts and variance analyses for Group Finance.
• Maintain a robust control environment aligned with Group policies and internal audit standards.

Regulatory Finance (New Regulated Entity)

• Establish and manage the regulatory finance framework for the new regulated entity.
• Ensure compliance with RBI, SEBI, and other regulatory reporting obligations, including capital, governance, and periodic filings.
• Support regulatory inspections and engage with regulators as required.

Statutory, Tax & Audit Responsibilities

• Manage statutory audits, corporate tax filings, GST, transfer pricing, and Companies Act compliance in partnership with external advisors.
• Oversee payroll‑related statutory requirements including TDS, PF, gratuity, and labour law compliance.

Financial Operations & Process Excellence

• Establish scalable processes for accounts payable, accounts receivable, treasury operations, banking, and reconciliations.
• Support settlements and operational finance processes in coordination with global teams.
• Lead implementation of financial systems and reporting tools within India.

Commercial & Business Partnering

• Provide financial insights, analysis, and decision support to the India leadership team.
• Support budgeting, forecasting, and business case preparation.
• Contribute to cost optimisation, vendor evaluation, and strategic initiatives.

Entity Set‑Up Activities

• Lead finance workstreams associated with the establishment of the regulated India entity, including bank accounts, capital planning, financial policies, and reporting frameworks.
• Ensure operational alignment with Group Finance functions and policies.

Team & Stakeholder Leadership

• Initially operate as an individual contributor with the opportunity to build and lead a regional finance team as operations scale.
• Foster strong working relationships with Group Finance, Legal, Compliance, and external partners.

Are you the one?

• Chartered Accountant (CA) with 8–12+ years of relevant post‑qualification experience.
• Strong technical expertise in financial control, statutory reporting, and Ind AS; exposure to IFRS advantageous.
• Experience within regulated financial services, fintech, capital markets, or brokerage sectors is strongly preferred.
• Demonstrated ability to establish processes, controls, and systems in a growth or build‑out environment.
• Excellent communication, analytical, and problem‑solving capabilities.
• Proven track record of working independently and operating effectively in ambiguous or fast‑paced settings.
• Experience engaging with auditors, regulators, and senior leadership.

Axi's bag of delights

• Competitive and attractive compensation.
• Extensive learning opportunities, such as professional training and certifications and soft skills development.
• 18 annual leave days per year.
• 12 sick days leave per year.
• Public holidays as declared by local government.
• Maternity leave as per law.
• Health Insurance.

At Axi, we prioritise creating a workplace that upholds fairness and respect for all. We encourage every individual within our community to contribute towards a culture where everyone feels a sense of belonging and is treated with the dignity they deserve. We make all employment‑related decisions—whether in hiring, compensation, training, performance reviews, or termination—based on merit and without bias, ensuring equal opportunities for everyone. We consciously work to identify and overcome any unconscious biases, with a commitment to fostering an inclusive environment where every employee and candidate feels genuinely welcomed and valued.