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