Business Unit Controller - CA

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