Group Finance Controller-Manufacturing MNC-Pune

Industry: Manufacturing | Listed Company | Multinational Environment
Location: Pune, Maharashtra
Reporting To: India CFO
Experience: 15–20 years
Qualification: Chartered Accountant (CA)
About the Company
Our client is a well-established, listed manufacturing organization with an annual turnover of approximately ₹1,500 crore. The company operates in a multinational business environment and has a strong focus on financial governance, operational excellence, regulatory compliance, and sustainable business growth.
Role Overview
The General Manager – Finance will lead the corporate finance function, overseeing financial reporting, consolidation, treasury, taxation, audit, compliance, working capital, and internal financial controls.
The position will work closely with senior management, plant finance teams, auditors, banking partners, and the global parent organization, wherever applicable. The incumbent will ensure robust financial governance, accurate and timely reporting, and consistent implementation of accounting policies and financial controls across manufacturing operations.
Key Responsibilities
1. Financial Reporting & Closing
Lead monthly, quarterly, and annual financial closing and reporting.
Oversee preparation and finalization of financial statements, including the Balance Sheet, Profit & Loss Account, and Notes to Accounts.
Ensure compliance with Indian Accounting Standards (Ind AS) and IFRS, as applicable.
Drive timely financial reporting, consolidation, and reporting to senior management and the parent organization.
2. MIS & Business Performance Analysis
Prepare and review monthly MIS, management dashboards, and financial performance reports.
Conduct variance analysis against budgets, forecasts, and business plans.
Provide financial insights to support strategic and operational decision-making.
3. Audit & Listed-Company Compliance
Coordinate statutory, internal, and group audits.
Manage quarterly limited reviews and annual audit requirements.
Liaise with external auditors, including Big Four firms, wherever applicable.
Ensure timely resolution of audit observations and implementation of corrective actions.
Work with relevant teams to support compliance with applicable SEBI, stock exchange, Companies Act, and other regulatory requirements.
4. Treasury & Banking
Oversee cash flow forecasting, liquidity planning, fund management, and banking operations.
Manage banking relationships and financial authorizations.
Review and approve bank guarantees, letters of credit, and other treasury transactions within delegated authority.
Support financing decisions and optimize the cost of funds.
5. Direct & Indirect Taxation
Oversee direct and indirect tax compliance, including income tax, GST, and transfer pricing, as applicable.
Ensure compliance with FEMA and RBI regulations wherever relevant.
Coordinate tax audits, assessments, and proceedings with external consultants.
Identify tax efficiencies while ensuring regulatory compliance and minimizing tax exposure.
6. Working Capital & Credit Control
Monitor receivables, customer outstanding balances, collections, and credit exposure.
Establish effective credit control mechanisms and customer credit limits.
Review overdue accounts and recommend appropriate credit or collection actions.
Improve working capital efficiency and cash conversion.
7. Financial Controls & Governance
Strengthen internal financial controls, accounting policies, and financial governance.
Ensure adherence to statutory requirements, accounting standards, and company policies.
Identify financial risks and implement appropriate mitigation measures.
Drive process standardization, automation, and continuous improvement in finance operations.
8. Plant Finance & Stakeholder Management
Provide functional leadership to plant finance teams and controllers in a multi-location manufacturing setup.
Ensure consistency in accounting, reporting, budgeting, and control practices across locations.
Partner with operations, procurement, commercial, and business leadership teams.
Coordinate with legal, secretarial, tax, and other corporate functions on finance-related matters.
9. Insurance & Intercompany Accounting
Oversee corporate asset insurance, policy renewals, and adequacy of risk coverage.
Manage intercompany accounting, reconciliations, and settlement of balances, where applicable.
Ideal Candidate Profile
Qualified Chartered Accountant with 15–20 years of progressive experience in finance.
Experience in a listed manufacturing company, preferably with multi-plant operations.
Strong understanding of Ind AS, IFRS, financial reporting, consolidation, and statutory compliance.
Proven experience in financial closing, MIS, treasury, taxation, audit management, and internal controls.
Exposure to quarterly limited reviews, statutory audits, and listed-company reporting requirements.
Strong working knowledge of cash flow management, banking, working capital, and credit control.
Experience managing plant finance teams and coordinating with cross-functional stakeholders.
Exposure to multinational reporting structures and interaction with a global parent company would be advantageous.
Strong leadership, analytical, communication, and stakeholder-management skills.

Work arrangement
No