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Financial Controller | Scrabble & Jigsaw

Posted on December 16, 2024

Job Description

Role: Financial Controller Location: Andheri (East), Mumbai. Who we are At The Whole Truth, our mission is to ‘re-build the world’s trust in its food’. We believe consumers have lost trust in big-food companies because they’ve been selling half-truths for ages. We believe the only wayto remedy this is for someone to stand up and speak the whole truth. Warts n’all. Oh and you also get a bunch of fairly nice people to work with. If you want an in-depth look at our culture (as you must), please read this https://www.linkedin.com/feed/update/urn:li:activity:6903960325306007552/ Nothing explains ‘who we are’ better than this What we do We are India’s first (and perhaps only) 100% Clean Label food company. What that means is we make food so clean, (only) we can declare each ingredient proudly upfront. #nothingtohide. Key Responsibilities: Preparation of Monthly Financial Statements (FS) under IND AS: • Ensure accurate and timely preparation of financial statements in compliance with the Indian Accounting Standards (IND AS). • Coordinate with cross-functional teams to gather necessary financial data for the preparation of FS. • Review financial data for accuracy, completeness, and compliance with accounting standards. Fixed Asset Accounting: • Maintain records of fixed assets including acquisition, depreciation, disposal, and impairment. • Ensure proper capitalization and depreciation of fixed assets in accordance with accounting policies and relevant regulations. • Reconcile fixed asset accounts and investigate any discrepancies. Inventory Accounting: • Oversee the accounting for inventory including valuation, reconciliation, and classification. • Implement and maintain inventory control procedures to ensure accuracy and minimize the risk of inventory shrinkage or obsolescence. • Analyze inventory trends and variances to identify areas for improvement. Liaison with Statutory and Internal Auditors: • Act as a key point of contact for external auditors during the audit process. • Coordinate audit schedules, provide necessary documentation, and address auditor inquiries. • Collaborate with internal audit teams to support their activities and ensure compliance with internal control requirements. GST, TDS, and Other Tax Compliances: • Stay updated on changes in tax regulations related to GST, TDS, and other applicable taxes. • Prepare and file GST returns, TDS statements, and other tax-related documents within stipulated deadlines. • Work with external consultants to assist in tax audits as required. Handle and Support IFC Implementation and Monitoring: • Undertake implementation and monitor Internal Financial Controls (IFC) across various processes to ensure compliance with regulatory requirements and mitigate financial risks. • Develop and update process documentation, control matrices, and risk assessments. • Support periodic reviews and testing of internal controls to identify weaknesses and areas for improvement. Qualifications and Skills: • Chartered Accountant. • Advanced level knowledge of excel and tally. • Ability to work independently as well as collaboratively with cross functional teams.

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