Hiring for: The client is a manufacturer of high quality men & women footwear and finished leather. They operate through their three main business segments: leather, uppers and shoe manufacturing units.
Role: Financial Controller
Positions: 1
Experience: 8 to 15 years
Location(s): Chennai / Ambur
Type: On-site / Permanent
Role Overview
The organization is seeking a hands‑on Financial Controller to own accounting policies, internal controls, and timely, accurate reporting across both businesses. The role anchors business planning and plant‑level performance visibility while ensuring strong governance and audit readiness.
Reporting & Interfaces
Reports to: Chief Financial Officer (CFO)
Direct interfaces/teams: Heads of Finance, MIS & Reporting, Accounts Receivable (AR), Accounts Payable (AP), Costing, Stores; Internal Audit (outsourced); Treasury & Banking, Taxation (Direct & Indirect), IT, and Legal/Company Secretary.
Key Responsibilities
· Accounting Policies, SOPs & Internal Controls
· Develop, document, and maintain Accounting Policies and Standard Operating Procedures (SOPs) aligned with Ind-AS and company requirements.
· Strengthen internal controls over AR/AP, inventory (Stores), costing, bank reconciliations, and period close processes; remediate gaps promptly.
· Timely & Accurate Reporting
· Own month‑end close and ensure credible financial statements and monthly operating reports with clear variance analysis (actual vs budget/ABP).
· Establish a reliable MIS cadence; standardize dashboards and definitions across plants/lines/halls.
· Budgets, Business Plans & Forecasting
· Work closely with business teams to build and deliver budgets; finalize the Annual Business Plan (ABP) and rolling forecasts.
· Prepare and maintain business plans, including capacity, ASP/mix, efficiency, and cost assumptions; track delivery against plan.
· Pricing & Costing Governance
· Validate pricing decisions with rigorous cost sheets, margin analysis, and working‑capital impact; coordinate with commercial and operations.
· Operational KPIs & Plant‑level Efficiency
· Monitor plant/line‑level efficiency and establish KPIs tied to throughput, rejections/remakes, PPH/CPH, material usage, and inventory hygiene.
· Translate operational performance into financial outcomes (contribution, WC days, ROCE/IRR at PO/line level) with actionable insights.
· Audit, Compliance & Governance
· Ensure timely completion of statutory, tax, and internal audits; close observations with durable fixes and SOP updates.
· Partner with Taxation (GST/Customs/incentives/refunds) and Treasury & Banking for smooth compliance, reconciliations, and documentation.
· Team Leadership & Ways of Working
· Lead and mentor HOF, MIS, AR/AP, Costing, and Stores teams; build a culture of accuracy, speed, and ownership.
· Implement a closing calendar, review rhythms (weekly/monthly), and SLA/quality standards for reconciliations and reporting.
Qualifications
• Chartered Accountant (CA) or equivalent professional qualification.
• 8–15 years of post‑qualification experience, with at least 3–5 years as Plant/Group Controller or similar in manufacturing.
• Strong grasp of Ind‑AS, costing, inventory, AP/AR processes, and ERP/MIS (SAP/Oracle/Tally or equivalent).
• Demonstrated experience in building SOPs, strengthening controls, and closing audits without major observations.
• Comfort working across Chennai/Ambur with regular plant interactions.
Skills & Attributes
· • Bias for timely, accurate numbers; insistence on documentation and process discipline.
· • Analytical problem‑solver with clear communication and stakeholder management across finance, operations, and commercial.
· • Hands‑on leader who coaches teams and raises the bar on controls, speed, and insightfulness.
Skills
Posted April 27, 2026
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