Finance Controller – Banking

Financial Control & Reporting:

– Oversee preparation of accurate and timely monthly, quarterly, and annual financial statements in line with applicable accounting standards (Ind AS/IGAAP).

– Ensure robust internal financial controls (IFC) are designed, implemented, and monitored across the organization.

– Manage the monthly closing process, including reconciliations, accruals, and variance analysis.

– Present financial performance reports, MIS, and dashboards to senior management and the board.

Compliance & Regulatory:

– Ensure compliance with statutory requirements – Income Tax, GST, TDS, RBI/NBFC regulations (if applicable), Companies Act, and other applicable laws.

– Liaise with statutory auditors, internal auditors, tax consultants, and regulatory authorities.

– Ensure timely filing of returns, audits, and regulatory submissions.

– Stay updated on changes in gold loan/bullion trade regulations, RBI guidelines, and financial compliance norms.

Treasury & Cash Flow Management:

– Monitor daily cash flow, fund positions, and working capital requirements.

– Manage banking relationships, credit facilities, and gold-backed lending/borrowing arrangements.

– Oversee gold inventory valuation, hedging strategies, and price risk management.

Budgeting & Financial Planning:

– Lead the annual budgeting process and periodic forecasting/re-forecasting.

– Conduct cost analysis and identify areas for cost optimization and margin improvement.

– Support business heads with financial insights for strategic decision-making.

Audit & Risk Management:

– Coordinate statutory, internal, and tax audits; ensure timely closure of audit observations.

– Identify financial risks and implement mitigation controls.

– Ensure adequate documentation and audit trails for all financial transactions.

Team Leadership:

– Lead, mentor, and manage the finance and accounts team.

– Set performance goals, review team output, and build finance function capability.

– Coordinate cross-functionally with operations, compliance, HR, and business teams.