Group Financial Controller – CA Perfect Placer

The Corporate Institute; Chennai District; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

The Corporate Institute invites applications for the role of Finance Controller - Group Companies. The incumbent will provide financial oversight, control and reporting for all group entities, coordinating with promoters, business heads and finance teams to ensure robust governance and timely statutory compliance.

Key duties include standardizing MIS, consolidating financials, monitoring cash flow and working capital, and supporting business decisions with rigorous financial analysis.

Qualifications

• Qualified CA with 5–6 years in finance, accounts, MIS and audit.
• Experience across multiple entities / diversified business is preferred.
• Experience in group, family-owned business environments would be an advantage.

Responsibilities

• Oversee finance and accounting activities across all Group companies.
• Review financial performance and position of each company and ensure timely close.
• Establish standardized monthly MIS and consolidate group financials.
• Monitor cash flow, working capital and liquidity across entities.
• Coordinate statutory compliance, audits and financial reporting.
• Strengthen internal controls and group-wide governance.
• Support business heads with financial analysis for decision-making.
• Coordinate banking facilities, borrowings and treasury activities.
• Manage inter-company transactions and related party oversight.
• Review capex proposals and ROI across the group.
• Facilitate coordination between the group H/O and finance teams.

Skills

Chartered Accountant

Education

Chartered Accountant (CA)

Job description

Role Purpose:

The Finance Controller - Group Companies will be responsible for providing financial oversight, control and reporting across entities of the Group. The role will work closely with the Promoter Family, Business Heads and Finance - Accounts teams of individual Group companies to ensure timely financial reporting, strong financial controls, statutory compliance, cash flow management and effective financial governance across the Group.

1. Group Financial Control - Oversight:

• Oversee finance and accounting activities across all Group companies.
• Review financial performance and financial position of each company.
• Ensure accuracy, completeness and timely closure of accounts.
• Identify financial risks, control gaps and areas of financial leakage.
• Ensure adherence to Group financial policies, processes and approval mechanisms.

2. Group MIS - Reporting:

• Establish a standardized monthly MIS across all Group companies.
• Consolidate financial information for review by the Promoter Family.
• Prepare and review P-L and Balance Sheet, Cash Flow, Budget vs Actuals, Working Capital, Receivables - Payables, Capex, Borrowings and key financial KPIs.
• Highlight significant variances and matters requiring management attention.

3. Budgeting - Forecasting:

• Coordinate the annual budgeting exercise across Group companies.
• Review budgets submitted by respective Finance teams and Business Heads.
• Monitor actual performance against approved budgets.
• Support periodic forecasting and financial planning.
• Provide financial analysis to support business decisions.

4. Cash Flow - Working Capital:

• Monitor cash flow position across Group companies.
• Review cash flow forecasts and liquidity requirements.
• Track receivables, payables, inventory and working capital.
• Monitor overdue receivables and working capital efficiency.
• Identify opportunities for improving cash utilisation and cash conversion.

5. Statutory Compliance - Audit:

• Monitor financial and statutory compliance across Group companies.
• Coordinate with statutory auditors, tax consultants and other professional advisors.
• Track closure of audit observations and compliance matters.
• Review GST, TDS, Income Tax and other applicable financial compliances.
• Ensure timely completion of statutory audits and financial statements.

6. Internal Controls - Governance:

• Develop and strengthen financial controls across the Group.
• Standardise accounting and finance processes wherever appropriate.
• Review payment controls, approval processes and financial authorities.
• Identify control weaknesses and ensure corrective actions.
• Establish appropriate Group-level finance SOPs and reporting mechanisms.

7. Business Finance Support:

• Work closely with Business Heads to understand financial performance and business requirements.
• Provide financial analysis for business decisions.
• Review major commercial proposals, investments and expenditure.
• Analyse profitability, margins, costs and business performance.
• Act as a finance partner while maintaining appropriate financial controls.

8. Banking, Treasury - Borrowings:

• Monitor banking arrangements and borrowing positions across companies.
• Review working capital facilities, loans, guarantees and other financial commitments.
• Track interest costs and utilisation of banking facilities.
• Support the Promoter Family and Business Heads in evaluating funding requirements.

9. Inter-Company - Related Party Transactions:

• Monitor inter-company balances and transactions.
• Ensure proper accounting and reconciliation of inter-company transactions.
• Review related-party transactions from a financial control and compliance perspective.
• Ensure appropriate approvals and documentation.

10. Capex - Investment Review:

• Review financial aspects of major capital expenditure proposals.
• Analyse ROI, payback and financial viability of significant investments.
• Monitor approved Capex against budgets.
• Support the Promoter Family in evaluating new investments, expansions and strategic initiatives.

11. Coordination with Group Finance Teams:

• Act as the central point of coordination between the Group Head Office and Finance teams of individual companies.
• Conduct periodic finance reviews with respective Finance Heads / Accounts teams.
• Ensure timely submission of financial information and MIS.
• Support finance teams in resolving accounting, reporting and compliance issues.
• Drive consistency in financial practices across the Group.

12. Promoter Family Reporting:

• Provide the Promoter Family with a clear and consolidated view of the financial position of the Group.
• Prepare periodic financial review presentations and reports.
• Highlight key financial risks, opportunities and deviations.
• Provide data-driven insights to support promoter-level decision-making.
• Maintain a high level of confidentiality in handling Group financial information.

Qualification And Experience:

• Chartered Accountant (CA) having 5 - 6 years of experience in Finance - Accounts, Financial Controllership, MIS, Audit and Financial Reporting.
• Experience handling multiple entities / businesses will be preferred.
• Experience in a Group, diversified business or family-owned business environment would be an advantage.

Contact: P.G. Ganesh, 8368469496