Financial Controller - Hyderabad - Infrastructure

Hyderabad, Telangana
Permanent
Full-time

2 days ago

Job DescriptionOur client is a reputed Indian Conglomerate in Infrastructure and they are hiring for a Financial Controller to be based at their Corporate office in Hyderabad.Reporting to CFOLevel - VPTeam Size - 10 plusChartered Accountant (must) with 18 plus years of experienceMust be from Companies with Turnover of 500 + crores- that's strictly requiredJob Purpose:Drive accurate preparation of the books of accounts and its timely reporting. Implement the financial/accounting systems and processes across the Sector. Develop strong relationships within the financial community and ensure that the working capital and funding requirements are met in a timely manner under the oversight of the Sector CFOLead the Commercial Regulatory, banking , MIS and Receivables related activity towards achieving overall organizational efficiency in order to minimize cost of borrowings, tariff, liquidity, improve operational efficiency by preparing & monitoring a detailed Annual Operating Plan and maintain banking relationship & networking.Key Accountabilities:Finance strategy

Align the Sector finance strategy with the group finance strategy

Ensure timely preparation of AOP and budgets for business

Liaise with the Sector Finance Team and other key stakeholders to ensure that the financial plans are in sync with business plans

Lead the analysis of Business spends and work with the projects / assets teams to identify areas for cost optimization and improvement

Financial reporting

Ensure timely preparation of monthly, quarterly and annual financial reports in adherence to accounting standards and Company standards of corporate governance.

Oversee monthly MIS reporting, receivables follow-ups, payment of taxes etc

Implement and maintain finance & accounting systems in alignment with statutory requirements

Improve liquidity

Effectively Monitor and reporting of receivables

Follow-up with commercial team and customer for early payment against invoices

Budgeting and Working capital

Drive the timely completion of the budgeting process and make arrangement for the working capital requirement for the Business

Facilitate the process of budgeting and monitor the performance of departments, assets and projects against the defined budget performance parameters; identify areas of major deviations and recommend course corrective measures

Oversee the financial closure of projects before they become operational

Forecast working capital requirements of the Business and manage funding through appropriate channels under the oversight of the Sector CFO

Ensure funds disbursement on time for projects as well as operating assets requirements

Provide inputs on profit and loss statement for the Business to the Sector CFO

Accounting & Audit

Responsible for periodic closure of the books and arrive at the financial performance of the organization including the supporting entities

Responsible for review & maintenance of the books of accounts

Responsible for various audits - Statutory, Internal & Other audits

Overview of tax compliances

Overview of various tax compliances by working closely with the Centralized Tax team

Investor relations and secretarial

Oversight and guidance on equity and investor relations and updates to investors

Oversight on the secretarial function and ensuring compliance requirements

Maintain relationships with banks and consortiums for funding requirementsTeam Development and Management

Engage with the team to motivate and foster teamwork, understand and address their concerns and provide a collaborative environment for them to develop.

Antal International

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