About the job
Join a leading retail operation as a Lead Financial Controller!
Salary Range: ₹30,00,000 - ₹40,00,000 per annum
Minimum Experience Required: 6 years
Location: Bengaluru
Employment Type: Full-time
The Lead Financial Controller will spearhead the development and management of the financial control framework essential for supporting a rapidly expanding retail operation with 1000 stores. This role emphasizes excellence in reporting, strict adherence to control standards across diverse locations, and the establishment of a robust financial infrastructure that promotes swift and informed decision-making. Collaboration with executive leadership will play a critical role in governance, board reporting, and building a finance function that is scalable and audit-compliant from the beginning.
Key Responsibilities:
1. Financial Reporting & Closing Discipline:
- Manage the monthly, quarterly, and annual closing processes.
- Ensure financial statements are accurate, timely, and relevant 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. Retail Accounting Framework Design and Governance:
- Oversee FOFO franchise economics and settlements.
- Manage 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 across different operational levels.
3. Internal Controls & Governance:
- Establish a strong Internal Financial Control (IFC) framework.
- Promote control discipline across all operational levels.
- 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 enhance core finance operations including Accounts Payable and Receivable.
- Manage the General Ledger and related closing processes.
- Coordinate inventory accounting.
- Supervise financial workflows across stores and warehouses.

