Lead Finance Controller

Bangalore, Karnataka
Permanent
Full-time

7 days ago

Job Description:This role is for one of the Weekday's clientsSalary range: Rs 3000000 - Rs 4000000 (ie INR 30 - 40 LPA)Min Experience: 6 yearsLocation: BengaluruJobType: full-timeThe Financial Controller will be responsible for developing and managing the financial control framework by designing the systems, processes, and governance necessary to support the growth of a 1000-store retail operation. You will lead efforts to achieve reporting excellence, maintain strict control standards across a geographically dispersed network, and establish a financial foundation that facilitates rapid and high-quality decision-making. Collaboration with leadership will be essential in governance, board reporting, and creating a finance function that is audit-ready, scalable, and robust from the outset.Requirements:Your Key Responsibilities1. Financial Reporting & Closing Discipline

Manage the monthly, quarterly, and annual closing processes
Ensure financial statements are accurate, timely, and useful for decision making
Maintain the integrity of the Profit & Loss statement, balance sheet, and cash flow
Implement and uphold rigorous reconciliation and closing procedures
Ensure full compliance with Ind AS and all statutory requirements

2. Design and Governance of Retail Accounting Frameworks for a Large-Scale Retail Network:

Manage FOFO franchise economics and settlements
Oversee financials for COCO stores
Handle accounting for warehouses and inventory
Analyze store-level profitability and unit economics
Administer trade promotions, schemes, and discount structures
Manage franchise commissions and incentive programs
Provide multi-layered financial visibility (store

clustercompany)3. Internal Controls & Governance

Develop and embed a strong Internal Financial Control (IFC) framework
Promote control discipline throughout stores, warehouses, and headquarters
Identify, evaluate, and mitigate financial risks
Create standard operating procedures, audit trails, and process documentation
Maintain an environment that is consistently ready for audits

4. Audit & Regulatory Compliance

Lead statutory, internal, and tax audit processes
Manage relationships with auditors and external advisors
Ensure adherence to GST, Companies Act, and other regulatory requirements
Facilitate the timely resolution of audit findings

5. Excellence in Finance Operations

Oversee and improve core finance operations, including Accounts Payable and Receivable
Manage the General Ledger and associated close processes
Coordinate inventory accounting
Supervise financial workflows at store and warehouse levels
Drive standardization, automation, and efficiency to scale operations

6. Systems, Data & Automation

Enhance ERP and overall finance system architecture
Improve data accuracy and reliability of financial reporting
Develop scalable Management Information Systems (MIS) and reconciliation frameworks
Identify and implement automation initiatives across the finance function

Candidate ProfileQualification: Chartered Accountant (CA) - mandatoryExperience:

6-8 years of post-qualification experience
Proven expertise in controllership, financial reporting, and audit management
Experience in retail, FMCG, or multi-location enterprises preferred
Background in high-growth or scaling businesses is highly advantageous

Core Skills & Competencies:

Strong knowledge of accounting principles and financial reporting
In-depth understanding of internal control systems
Capability to design scalable financial processes
High level of ownership with meticulous attention to detail
Analytical mindset with structured thinking
Able to thrive in a fast-paced, dynamic work environment

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