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Accounts and Financial Controller
Location
Mumbai
Start Date
Immediate joiners preferred
CTC (Annual)
₹6 LPA – ₹8 LPA
Experience Required
Minimum 3 years
About The Role
We are seeking a detail-oriented and highly responsible Accounts and Financial Controller to manage our financial operations and ensure transparency in reporting. This role is central to strengthening financial discipline, driving accurate decision-making, and supporting the founders with timely insights. You will oversee accounts payable/receivable, credit control, cash flow, inventory accounting, compliance, and audits, while preparing twice-weekly MIS reports that serve as the backbone of strategic decisions.
Key responsibilities
- Verify and approve vendor invoices, ensuring timely and accurate payments.
- Track receivables, follow up on overdue accounts, and maintain updated collections records.
- Prepare daily cash flow statements and reconcile bank transactions.
- Evaluate customer creditworthiness and define approval limits.
- Monitor customer credit utilization and enforce compliance.
- Create weekly collections, follow-up schedules and escalate overdue accounts.
- Conduct monthly stock reconciliations and investigate variances.
- Report losses from inquiry, damage, or theft with supporting explanations.
- Update and value inventory accurately, aligning with approvals for write-offs.
- Prepare and share weekly MIS (P&L, payroll, cash flow, KPIs, cash flow).
- Maintain compliance reports for GST, TDS, payroll, and other statutory obligations.
- Highlight financial risks and present contingency plans.
- Support internal and external audits by providing required documentation.
- Respond audit queries within deadlines and implement recommendations.
- Update SOPs based on audit findings.
- Identify cost-saving opportunities and propose margin-improvement strategies.
- Provide ad-hoc financial data for expansion, funding, or operational decisions.
- Develop customized reports and dashboards as needed.
Required Qualifications
- Bachelor's or Master's degree in Finance, Accounting, or related field (CA preferred).
- Minimum 3 years of experience in financial control, accounting, or audit functions.
- Strong knowledge of accounting principles, compliance, and financial reporting.
- Proficiency in accounting tools such as Tally, Zoho Books, QuickBooks, or similar.
- Advanced skills in Excel, MIS reporting, and financial analytics.
Preferred Skills
- Experience in inventory accounting and reconciliation.
- Strong grasp of cash flow management and credit control.
- Ability to design and implement process-driven financial systems.
- Excellent communication skills to collaborate with founders, auditors, and teams.
- Analytical mindset with the ability to identify risks and opportunities.
- Exposure to ERP systems, dashboards, and automation tools will be a plus.
We look forward to hearing from you
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