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.

Requirements Your Key Responsibilities

• 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

• 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)

• 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

• 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

• 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

• 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