Business Unit Controller – CA

Job Description Business Unit (BU) Controller:

Position: BU Controller

Location: Bangalore

Qualification: Chartered Accountant (CA)

Experience: 12 – 15 Years

About the Role:

We are looking for an experienced Business Unit Controller to lead the controllership function for a business with an annual turnover exceeding 5,000 Crores. The ideal candidate should have strong expertise in financial reporting, controllership, statutory compliance, taxation, audit management, and cash flow management.

Preferred Qualifications:

– Chartered Accountant (CA)

– 12 – 15 years of experience in Controllership

– Hands-on experience with SAP (Mandatory)

– Familiarity with FCCS will be an added advantage

Key Responsibilities:

1. Financial Controllership:

– Lead monthly, quarterly, and annual book closure activities.

– Manage financial reporting, budgeting, forecasting, and variance analysis.

– Review key financial accounts and ensure accuracy of financial statements.

– Maintain balance sheet hygiene and timely account reconciliations.

– Ensure compliance with applicable accounting standards.

2. Compliance & Governance:

– Ensure compliance with statutory regulations, SOX requirements, Direct and Indirect Tax laws.

– Review and implement Internal Financial Policies and ensure adherence.

– Monitor compliance related to FEMA, RBI regulations, taxation, and other financial controls.

3. Audit Management:

– Lead statutory, internal, and tax audits for the business unit and multiple legal entities.

– Coordinate with auditors and ensure timely audit closures.

4. Cash Flow & Treasury:

– Manage daily fund planning and cash flow.

– Monitor treasury activities and ensure timely payments.

– Coordinate with corporate treasury and taxation teams.

5. Process Monitoring:

– Continuously monitor dashboards related to P2P, BRS, FEMA, and other finance processes.

– Conduct General Ledger (GL) reviews and inter-company reconciliations.

– Ensure timely reporting to corporate finance.

6. Process Improvement & Automation:

– Identify cost-saving and process optimization opportunities.

– Simplify and standardize accounting policies and procedures.

– Improve processes such as travel accounting and forex accounting.

– Drive automation of repetitive activities including provisioning and recurring payments.

7. Team Management:

– Lead, mentor, and develop a finance team of 4+ members.

– Build team capability through training and skill development.

Desired Experience:

– Experience in Retail or FMCG industry will be preferred.

– Prior experience with a Big 4 consulting/audit firm will be an added advantage.

– Strong experience in accounting, finance operations, financial reporting, and internal controls.

– Ability to work effectively with cross-functional teams including Business Finance, Factory Finance, Accounts Receivable, Accounting, Information Systems, Treasury, and Corporate Taxation.

– Self-driven, detail-oriented professional capable of working in a dynamic and fast-paced environment.

Reporting Structure:

– Reporting To: Group Controller & Business CFO

– Team Management: Leading a team of 4+ members