Controller

A Controller oversees an organization’s financial operations and reporting while ensuring the financial statements are accurate and compliant with regulations. They manage corporate finances, budgeting, taxation, and necessary internal controls on financial assets.

Why Hire a Controller?

• A Controller’s management of the day-to-day accounting operations improves the accuracy of financial reporting, control over budgets, and adherence to financial regulations.
• They help identify cost-saving opportunities, improve financial performance, and implement effective risk management strategies.

Job Description Template

We are looking for a highly skilled and experienced Controller to oversee the company’s accounting operations. You will manage all financial reporting, budgeting, and compliance activities.

In this role, you will ensure that the internal controls are strong. You will guide the financial strategy, provide valuable financial insights, and verify that all financial practices comply with the regulatory standards.

Responsibilities

• Oversee the preparation and maintenance of accurate financial statements, including balance sheets, income statements, and cash flow reports.
• Manage all aspects of the accounting function, including general ledger, accounts payable, accounts receivable, and payroll.
• Ensure compliance with Indian Accounting Standards (Ind AS) and tax regulations.
• Develop, implement, and monitor internal controls to safeguard company assets.
• Coordinate the annual budgeting process and manage financial forecasts.
• Provide financial analysis and reporting to senior management for decision-making purposes.
• Liaise with external auditors and manage audit processes.
• Oversee tax compliance and reporting, including GST, TDS, and corporate tax filings.
• Ensure the timely and accurate closure of monthly, quarterly, and annual financial statements.
• Implement financial policies and procedures to enhance operational efficiency.

Qualifications

• Chartered Accountant (CA) or MBA in Finance or related field.
• 7-10 years of experience in accounting or financial management, with at least 3 years in a senior role.
• In-depth knowledge of Indian accounting standards (Ind AS) and tax regulations.
• Proven experience in financial planning, budgeting, and analysis.
• Strong understanding of internal controls and risk management.
• Excellent leadership and communication skills.
• Proficiency in accounting software (e.g., Tally, SAP, Oracle Financials) and MS Excel.

Key Skills

• Financial Reporting
• Internal Controls
• Budgeting & Forecasting
• Tax Compliance (GST, TDS)
• Accounting Software (Tally, SAP, Oracle Financials)
• Financial Analysis
• Regulatory Compliance (Ind AS)
• Audit Management
• Risk Management
• Leadership & Team Management

Tips For Recruiters

• Look for candidates with a deep understanding of Indian accounting and tax laws, particularly those who have experience in managing audits and tax filings.
• Ensure candidates have experience with both manual and automated accounting processes, especially with widely used software like Tally and/or SAP.
• Prioritize candidates who have strong leadership skills, as they will need to manage and mentor accounting teams.
• Verify that the candidate has experience in handling complex financial reporting requirements for large organizations, especially those with multi-entity structures.

Key Points to Mention About Your Organization

• Highlight your company’s use of accounting software and any specific financial tools that the Controller will be responsible for managing.
• Mention any opportunities for growth or leadership development within the financial team, as this can attract top candidates.
• Emphasize the company’s commitment to financial integrity, risk management, and compliance, which will appeal to candidates looking to make a significant impact.

Keywords For Recruiters

• Financial Controller
• Internal Controls
• Compliance (Ind AS, GST, TDS)
• Financial Reporting
• Budgeting & Forecasting
• Audit Management
• Accounting Software (Tally, SAP, Oracle)
• Financial Analysis
• Leadership
• Tax Compliance