Senior Financial Controller

VR Elite Builders And Developers; Hyderabad; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

VR Elite Builders And Developers in Hyderabad seeks a Financial Controller to lead the complete finance function across manufacturing, retail, B2B and related channels, driving profitability, cash flow and internal controls.

You will partner with management, deliver monthly MIS, budgeting and forecasting, oversee taxation and statutory compliance, and build robust ERP-based reporting and cost accounting to enable scalable growth.

Qualifications

• CA / CMA / MBA Finance or equivalent qualification.
• Experience in FMCG, food manufacturing, retail, QSR, hospitality or consumer businesses preferred.

Skills

Financial Controllership

MIS

Financial analysis

Budgeting

Forecasting

Excel modelling

Stakeholder management

Education

CA / CMA / MBA Finance

Tools

Tally

SAP

Microsoft Dynamics

Job description

Role Overview

The Financial Controller will be responsible for managing and strengthening the complete finance function of the company, covering manufacturing, retail, B2B sales, inventory, procurement, production costing, financial reporting, budgeting, forecasting, cash-flow management, financial analysis, taxation and internal controls.

The role will serve as a key finance business partner to Management, providing accurate financial information, actionable analysis and strategic insights to drive profitability, operational efficiency and sustainable business growth.

Key Responsibilities

1. Financial Accounting & Controllership

• Lead the monthly, quarterly and annual financial closing process.
• Ensure accurate and timely preparation of Profit & Loss Account, Balance Sheet and Cash Flow statements.
• Review journal entries, provisions, accruals, prepayments and account reconciliations.
• Ensure accurate accounting across manufacturing, retail outlets, B2B and other business channels.
• Establish strong accounting processes, controls and review mechanisms.
• Ensure timely closure of accounting issues and reconciliation of major balance sheet accounts.
• Coordinate with statutory auditors, tax consultants and other external stakeholders.
• Ensure compliance with applicable accounting standards and financial reporting requirements.

2. Management MIS & Performance Reporting

• Prepare and present monthly management MIS to the senior management team.
• Develop comprehensive reports covering sales, gross margin, EBITDA, operating expenses, working capital and profitability.
• Prepare SBU-wise, outlet-wise, product-wise and channel-wise profitability analysis.
• Track key financial and operational KPIs and highlight significant deviations.
• Provide management with clear explanations of financial performance and key business drivers.
• Improve the quality, accuracy and timeliness of management reporting.

3. Financial Analysis & Business Analytics

• Conduct detailed financial and commercial analysis across manufacturing, retail, B2B and other sales channels.
• Analyse revenue, gross margin, contribution margin, EBITDA and profitability by product, customer, channel, outlet and SBU.
• Perform Actual vs. Budget vs. Forecast analysis and identify key drivers of financial variances.
• Analyse customer and channel profitability, including B2B, corporate gifting, marketplaces and retail.
• Evaluate outlet-level performance through sales, gross margin, contribution, operating expenses and EBITDA.
• Identify trends, risks, cost leakages and opportunities for improving profitability.
• Translate financial data into actionable business recommendations for Management.
• Develop financial dashboards and analytical reports to improve business visibility.

4. Budgeting, Forecasting & Financial Planning

• Lead the annual budgeting and financial planning process.
• Prepare monthly and rolling financial forecasts.
• Develop 3-month, 6-month and annual financial projections.
• Prepare detailed revenue, cost, EBITDA and cash-flow forecasts.
• Conduct regular Budget vs. Actual analysis and provide corrective recommendations.
• Build financial models for new products, stores, customers, markets and business initiatives.
• Support Management in setting financial targets and profitability benchmarks.
• Evaluate different business scenarios through sensitivity and scenario analysis.

5. Business Cases, Capex & Investment Analysis

• Prepare financial feasibility studies and business cases for new outlets, manufacturing expansion, equipment and other investments.
• Evaluate ROI, IRR, payback period and contribution potential of proposed investments.
• Conduct sensitivity analysis on sales, margins, capex, rent and operating costs.
• Monitor post-investment performance against approved business cases.
• Support Management in capital allocation and investment decisions.

6. Working Capital & Cash-Flow Management

• Monitor daily and monthly cash position and liquidity requirements.
• Prepare rolling cash-flow forecasts.
• Manage working capital across inventory, receivables and payables.
• Monitor receivable ageing and customer collections.
• Review vendor outstanding balances and payment schedules.
• Identify opportunities to improve the cash conversion cycle.
• Ensure adequate liquidity for operational and expansion requirements.
• Analyse working capital trends and provide recommendations to Management.

7. Treasury & Banking

• Monitor bank balances, cash flows and fund requirements.
• Review payment schedules and ensure appropriate cash availability.
• Coordinate with banks and financial institutions where required.
• Monitor banking transactions and ensure timely reconciliations.
• Support Management with financing and working-capital requirements.

8. Taxation & Statutory Compliance

• Oversee GST, TDS and other applicable statutory compliances.
• Ensure timely filing and reconciliation of statutory returns.
• Review GST and TDS reconciliations and identify discrepancies.
• Coordinate with tax consultants and auditors for assessments, notices and statutory requirements.
• Ensure appropriate documentation and compliance with applicable tax regulations.
• Monitor statutory payment obligations and avoid compliance-related financial risks.

9. Internal Controls & Risk Management

• Establish and strengthen financial controls across procurement, production, inventory, sales, payments and accounting.
• Develop and implement Finance SOPs and approval matrices.
• Ensure appropriate segregation of duties and authorization controls.
• Review expenditure and procurement processes for financial discipline.
• Identify control weaknesses, financial risks and potential leakages.
• Implement preventive and detective controls to safeguard company assets.
• Conduct periodic review of processes and recommend improvements.

10. ERP, Systems & Process Automation

• Ensure effective utilisation of ERP and accounting systems.
• Strengthen integration between production, inventory, sales/POS and accounting systems.
• Improve automation of MIS, costing, inventory and financial reporting.
• Develop standardised reporting templates and dashboards.
• Identify opportunities for reducing manual processes and improving data accuracy.
• Ensure appropriate financial master-data and system controls.

11. Team Management & Finance Function Development

• Lead and supervise the finance and accounts team.
• Allocate responsibilities and establish clear ownership across finance processes.
• Review team performance and ensure timely completion of monthly deliverables.
• Develop SOPs, review mechanisms and accountability within the Finance function.
• Train and develop team members in accounting, analysis, controls and reporting.
• Build a high-quality finance function capable of supporting the company's expansion.

Ideal Candidate Profile

• CA / CMA / MBA Finance or equivalent qualification.
• 710 years of relevant experience in Finance & Accounts.
• Must have experience in FMCG, food manufacturing, retail, QSR, hospitality or consumer businesses preferred.
• Strong experience in financial controllership, MIS, financial analysis, budgeting and forecasting.
• Strong understanding of manufacturing accounting, product costing, inventory and working capital.
• Experience in outlet/channel/product-level profitability analysis.
• Strong knowledge of GST, TDS and statutory compliance.
• Experience with ERP/accounting systems such as Tally, SAP, Microsoft Dynamics or similar platforms.
• Advanced Excel and financial modelling skills.
• Strong analytical and commercial acumen.
• Excellent communication and stakeholder-management skills.
• Ability to work closely with non-finance teams and translate financial data into business decisions.
• Strong ownership, attention to detail and problem-solving ability.