Job Description – Financial Controller
Location: Mumbai, MH
Industry: Agri-Commodity Trading / Trade Finance
Experience: 5–7 Years Post-Qualification
Qualification: Chartered Accountant
About the Role
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
Financial Control & Reporting
- 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).
- 5–7 years of post-qualification experience.
- Strong experience in commodity trading, agri-business, trade finance, 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.
Pay: ₹2,400,000.00 - ₹2,500,000.00 per year
Work Location: In person