Lead Finance Controller

This role is for one of the Weekday's clients

**Salary range: Rs 3000000 - Rs 4000000 (ie INR 30 - 40 LPA)

**Min Experience: 6 years

Location: Bengaluru

JobType: full-time

The Financial Controller will be responsible for developing and managing the financial control framework by designing the systems, processes, and governance necessary to support the growth of a 1000-store retail operation. You will lead efforts to achieve reporting excellence, maintain strict control standards across a geographically dispersed network, and establish a financial foundation that facilitates rapid and high-quality decision-making. Collaboration with leadership will be essential in governance, board reporting, and creating a finance function that is audit-ready, scalable, and robust from the outset.

Your Key Responsibilities

1. Financial Reporting & Closing Discipline

• Manage the monthly, quarterly, and annual closing processes
• Ensure financial statements are accurate, timely, and useful for decision making
• Maintain the integrity of the Profit & Loss statement, balance sheet, and cash flow
• Implement and uphold rigorous reconciliation and closing procedures
• Ensure full compliance with Ind AS and all statutory requirements

2. Design and Governance of Retail Accounting Frameworks for a Large-Scale Retail Network:

• Manage FOFO franchise economics and settlements
• Oversee financials for COCO stores
• Handle accounting for warehouses and inventory
• Analyze store-level profitability and unit economics
• Administer trade promotions, schemes, and discount structures
• Manage franchise commissions and incentive programs
• Provide multi-layered financial visibility (store <> cluster <> company)

3. Internal Controls & Governance

• Develop and embed a strong Internal Financial Control (IFC) framework
• Promote control discipline throughout stores, warehouses, and headquarters
• Identify, evaluate, and mitigate financial risks
• Create standard operating procedures, audit trails, and process documentation
• Maintain an environment that is consistently ready for audits

4. Audit & Regulatory Compliance

• Lead statutory, internal, and tax audit processes
• Manage relationships with auditors and external advisors
• Ensure adherence to GST, Companies Act, and other regulatory requirements
• Facilitate the timely resolution of audit findings

5. Excellence in Finance Operations

• Oversee and improve core finance operations, including Accounts Payable and Receivable
• Manage the General Ledger and associated close processes
• Coordinate inventory accounting
• Supervise financial workflows at store and warehouse levels
• Drive standardization, automation, and efficiency to scale operations

6. Systems, Data & Automation

• Enhance ERP and overall finance system architecture
• Improve data accuracy and reliability of financial reporting
• Develop scalable Management Information Systems (MIS) and reconciliation frameworks
• Identify and implement automation initiatives across the finance function

Candidate Profile

Qualification: Chartered Accountant (CA) – mandatory

Experience:

• 6–8 years of post-qualification experience
• Proven expertise in controllership, financial reporting, and audit management
• Experience in retail, FMCG, or multi-location enterprises preferred
• Background in high-growth or scaling businesses is highly advantageous

Core Skills & Competencies:

• Strong knowledge of accounting principles and financial reporting
• In-depth understanding of internal control systems
• Capability to design scalable financial processes
• High level of ownership with meticulous attention to detail
• Analytical mindset with structured thinking
• Able to thrive in a fast-paced, dynamic work environment