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Consumer Food Brand
Our client is one of the strongest Consumer brands in the Bakery category, having a 25000 sq ft state-of-the-art centralized manufacturing facility with European equipment near Ahmedabad, Gujarat. The founding team consists of a ‘Master Baker’ from Le Cordon Bleu, Paris, one of the finest culinary institutes in the world and IIM-A alumni with a McKinsey background.
About the role:
A Finance Controller is responsible for preparing a company's financial reports, which include
balance sheets and income statements. They also assist in compliance audits and monitoring internal
controls to ensure that everyone does their job correctly.
Responsibilities:
Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost
Accounting, Inventory Accounting and Revenue Recognition
Coordinate and direct the preparation of the budget and financial forecasts and report
variances
Prepare and publish timely monthly financial statements
Coordinate the preparation of regulatory reporting
Research technical accounting issues for compliance
Support month-end and year-end close process
Ensure quality control over financial transactions and financial reporting
Manage and comply with local, state, and federal government reporting requirements and
tax filings
Document business processes and accounting policies to maintain and strengthen internal
controls
Additional controller duties as necessary
Requirements:
Proven working experience as a Financial Controller
4+ years of overall combined accounting and finance experience
Education: CA graduate or CA Intern preferred.
Thorough knowledge of accounting principles and procedures
Experience with creating financial statements
Experience with general ledger functions and the month-end/year-end close process
Excellent accounting software user and administration skills
Focusing on the ever-growing demand in the food industry, our client acts as a neighbourhood artisan bakery at a national scale. The main concept here is to provide freshly baked, high-on-quality, authentic European bakery products and breads. Their products include sourdough loaves, artisan breads, croissants & rolls, freshly baked cookies, cakes, premixes etc.
Headquartered in Mumbai, our client was co-founded in 2013 by a husband and wife duo, one of whom is an IIM-Ahmedabad graduate and the other is an internationally trained baker.
Starting with 4 bakers in 2013 and growing over time, today, our client prepares more than 10,000 loaves of bread a day and their creations are shared with all of India.
As a VP-Finance, you will be responsible for performing a variety of advanced financial analyses to determine present and forecasted financial health of the company.
What you will do:
- Preparing financial statements, business activity reports, and financial forecasts
- Developing the Annual Operating Plan (AOP) for the company with target tracking metrics by department and highlighting causes of deviation and corrective measures as appropriate
- Examining financial and legal documents to verify accuracy and adherence to financial regulations and acceptable financial principles
- Managing the preparation and publication of departmental and organization financial documents
- Developing or recommending solutions for problems or situations
- Managing employees and contractors who are responsible for financial reporting and budgeting
- Periodically reviewing the organization’s financial reports and identifying opportunities for cost reduction
- Analysing data and advising top management on how to maximize profits
- Analysing market trends and identifying opportunities for growth/ expansion
- Presenting potential scenarios and outcomes to management team
- Overseeing organization’s investments
- Collaborating with management on development and execution of funding strategies
- Managing and executing fundraise of the company through angel investors, VCs, PEs and other similar firms
- Managing funds of the company which shall include procurement of long-term loan and working capital funds from financial institutions, capital markets and any other source
- Being responsible for any other responsibility assigned to you from time to time
Desired Candidate Profile
What you need to have:- Strong commercial and contractual awareness and excellent negotiation skills
- Strong communication, leadership and interpersonal skills
- Demonstrated creative and critical thinking skills
- Ability to work on multiple projects simultaneously
- Knowledge in Microsoft Excel, Google Sheets and PowerPoint etc
- Positive approach to problem solving