Website One World HR
Job Description:
We are looking for a Financial Controller to lead the Finance & Accounts function for an agri-commodity procurement, trading and trade-finance business.
The role will have end-to-end ownership of financial control, reporting, working capital, cash flows, trade accounting, taxation, compliance and commercial finance. The Financial Controller will provide financial oversight across the complete transaction cycle – from commodity procurement and inventory holding through customer release, financing, sales and collections.
Key Responsibilities:
– Own the overall Finance & Accounts function and ensure accuracy, timeliness and integrity of financial reporting.
– Review and approve monthly P&L, Balance Sheet, Cash Flow and MIS prepared by the finance team.
– Drive monthly, quarterly and annual book closure.
– Establish and strengthen accounting processes, internal controls and financial checks.
– Ensure strong accounting hygiene across all trade and financial transactions.
Commodity & Trade Finance:
– Oversee accounting for commodity procurement, inventory, customer releases, sales and trade-finance transactions.
– Monitor customer-wise exposure, outstanding receivables and financing periods.
– Review and ensure accurate accounting of interest/financing income and related costs.
– Monitor profitability and financial performance at the transaction/customer/commodity level.
– Ensure appropriate accounting and revenue recognition across trade transactions.
Working Capital & Treasury:
– Own working-capital management and cash-flow planning.
– Monitor inventory funding, receivables, payables, customer advances and overall liquidity.
– Liaise with banks for working-capital, trade-finance and banking requirements.
– Review bank, loan and trade-finance reconciliations.
– Monitor financing costs and identify opportunities to improve the cost and efficiency of funds.
Tax, Audit & Compliance:
– Oversee GST, TDS, taxation and statutory compliances.
– Lead interactions with statutory and internal auditors, tax advisors and other external stakeholders.
– Review audit schedules, financial controls and compliance requirements.
– Ensure timely resolution and closure of audit observations.
MIS & Commercial Finance:
– Provide management with meaningful financial MIS, business analysis and performance insights.
– Analyze customer profitability, commodity margins, inventory position, customer exposure and cash conversion.
– Identify financial risks, leakages and opportunities to improve working capital and profitability.
– Work closely with Procurement, Sales and Operations teams to understand underlying transactions and ensure appropriate financial controls.
Team Management:
– Lead, mentor and develop the Finance & Accounts team.
– Review team deliverables and ensure accuracy and timely completion of financial activities.
– Build robust finance processes and systems that can support the company’s growth.
What We’re Looking For:
– Qualified Chartered Accountant (CA).
– 4+ years of post-qualification experience.
– Strong experience in commodity trading, agri-business, agri commodities, NBFC or other working-capital-intensive businesses.
– Strong understanding of inventory-led businesses, customer funding/exposure and financing/interest income.
– Hands-on experience in financial reporting, book closure, taxation, GST, audits and financial controls.
– Strong understanding of working-capital management and cash-flow planning.
– Strong Excel and ERP proficiency.
– Excellent analytical and stakeholder-management skills.
To apply for this job please visit www.iimjobs.com.
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