Job Description
Job Title: Financial Controller
Location: Chattarpur, Delhi
Job Type: Full-Time
Reporting To: AVP – Finance - Corporate
About Us:
At HIPL we are building some distinct, premium & exclusive food brands & a retail experience to capture the imagination of people across the country and to disrupt the premium food space in the Fresh, FMCG and Retail segments. Sorrentina the company's first brand, was launched last year, offering a range of premium Italian food products in the fresh and FMCG ranges. The company’s second brand, slated to be launched later this year is a premium elevated pantry essentials brand that brings you the choicest of ingredients across everyday staples and cuisine-based categories. Both these brands will be available for our customers through multiple digital platforms, marketplaces, our own D2C platform and leading modern trade, general trade and gourmet stores in India. Along with these brands, the company is also launching a chain of exclusive retail stores targeting young, gourmet food lovers in Delhi NCR, Mumbai and Bangalore.
Founded by the dynamic duo of Ms. Ashni Biyani and Ms. Avni Biyani, HIPL is supported by a team of marquee investors and industry professionals who have expertise and experience in building some of the most popular brands in the country.
Job Summary:
We are seeking a highly skilled and experienced Financial Controller to join our Food Brands business. The Financial Controller will be responsible for overseeing and managing all financial operations, ensuring the accuracy of financial statements, and implementing financial controls. This role plays a critical part in the decision-making process and the overall financial health of the company.
Key Responsibilities:
Financial Reporting:
Oversee the preparation and accuracy of monthly, quarterly, and annual financial statements in compliance with the applicable accounting standards.
Ensure timely and accurate reporting to stakeholders, including executive management and external auditors.
Financial Controls and Compliance:
Ensuring all Accounts Receivable are managed in time and as per the credit policy.
Managing all Accounts Payable requirements as per the company policy.
Managing all vendors and creditors efficiently to ensure there is no business impact.
Ensuring all vendor contracts are negotiated and implemented to the benefit of the organization.
Implement and monitor robust internal controls and financial policies to safeguard company assets and ensure compliance with relevant regulations.
Stay up-to-date with financial and tax regulations impacting the food industry.
Cost Management:
Analyze and optimize cost structures to improve operational efficiency and profitability.
Collaborate with department heads to monitor and control expenses.
Cash Flow Management:
Manage cash flow, working capital, and credit facilities to ensure liquidity and meet financial obligations.
Develop cash flow forecasts and strategies to maintain a strong financial position.
Financial Analysis:
Conduct in-depth financial analysis to provide insights on business performance, trends, and areas for improvement.
Identify and communicate financial risks and opportunities to the management team.
Treasury Management:
Manage banking relationships and investment activities to maximize returns while minimizing risk.
Oversee foreign exchange and interest rate risk management.
Team Leadership:
Supervise and mentor a team of finance professionals, providing guidance and training to ensure their growth and performance.
Audit and Compliance:
Coordinate and manage internal and external audits, ensuring a smooth and successful audit process.
Ensure compliance with all statutory and regulatory requirements.
ERP and Financial Systems:
Utilize and optimize the SAP system for efficient financial management and reporting.
Qualifications:
• Chartered Accountant with SAP knowledge
• 6+ years of progressively responsible financial management experience in the FMCG industry, with a strong background in food production and distribution.
• Strong knowledge of financial regulations
• Excellent leadership and team management skills.
• Advanced proficiency in financial modeling, Excel, and financial software applications.
• Exceptional analytical and problem-solving abilities.
• Strong interpersonal and communication skills.
• Ability to work collaboratively with cross-functional teams.
This Financial Controller position is vital to the financial success and stability of our Food brands. The ideal candidate will have a proven track record in financial management and leadership within the FMCG sector and the ability to drive financial performance while ensuring compliance and financial integrity.
Benefits:
• Competitive salary and performance-based bonuses - The max CTC on offer for this role is INR 24L per annum
• Health insurance.
• Opportunities for career growth and development.
• Employee discounts on company products.
HIPL is an equal opportunity employer. We welcome candidates from all backgrounds and are committed to creating an inclusive and diverse workplace.
This Job Description only provides brief of the role. There would be additional tasks added or responsibilities removed/reallocated as per business requirements
Location: Chattarpur, Delhi
Job Type: Full-Time
Reporting To: AVP – Finance - Corporate
About Us:
At HIPL we are building some distinct, premium & exclusive food brands & a retail experience to capture the imagination of people across the country and to disrupt the premium food space in the Fresh, FMCG and Retail segments. Sorrentina the company's first brand, was launched last year, offering a range of premium Italian food products in the fresh and FMCG ranges. The company’s second brand, slated to be launched later this year is a premium elevated pantry essentials brand that brings you the choicest of ingredients across everyday staples and cuisine-based categories. Both these brands will be available for our customers through multiple digital platforms, marketplaces, our own D2C platform and leading modern trade, general trade and gourmet stores in India. Along with these brands, the company is also launching a chain of exclusive retail stores targeting young, gourmet food lovers in Delhi NCR, Mumbai and Bangalore.
Founded by the dynamic duo of Ms. Ashni Biyani and Ms. Avni Biyani, HIPL is supported by a team of marquee investors and industry professionals who have expertise and experience in building some of the most popular brands in the country.
Job Summary:
We are seeking a highly skilled and experienced Financial Controller to join our Food Brands business. The Financial Controller will be responsible for overseeing and managing all financial operations, ensuring the accuracy of financial statements, and implementing financial controls. This role plays a critical part in the decision-making process and the overall financial health of the company.
Key Responsibilities:
Financial Reporting:
Oversee the preparation and accuracy of monthly, quarterly, and annual financial statements in compliance with the applicable accounting standards.
Ensure timely and accurate reporting to stakeholders, including executive management and external auditors.
Financial Controls and Compliance:
Ensuring all Accounts Receivable are managed in time and as per the credit policy.
Managing all Accounts Payable requirements as per the company policy.
Managing all vendors and creditors efficiently to ensure there is no business impact.
Ensuring all vendor contracts are negotiated and implemented to the benefit of the organization.
Implement and monitor robust internal controls and financial policies to safeguard company assets and ensure compliance with relevant regulations.
Stay up-to-date with financial and tax regulations impacting the food industry.
Cost Management:
Analyze and optimize cost structures to improve operational efficiency and profitability.
Collaborate with department heads to monitor and control expenses.
Cash Flow Management:
Manage cash flow, working capital, and credit facilities to ensure liquidity and meet financial obligations.
Develop cash flow forecasts and strategies to maintain a strong financial position.
Financial Analysis:
Conduct in-depth financial analysis to provide insights on business performance, trends, and areas for improvement.
Identify and communicate financial risks and opportunities to the management team.
Treasury Management:
Manage banking relationships and investment activities to maximize returns while minimizing risk.
Oversee foreign exchange and interest rate risk management.
Team Leadership:
Supervise and mentor a team of finance professionals, providing guidance and training to ensure their growth and performance.
Audit and Compliance:
Coordinate and manage internal and external audits, ensuring a smooth and successful audit process.
Ensure compliance with all statutory and regulatory requirements.
ERP and Financial Systems:
Utilize and optimize the SAP system for efficient financial management and reporting.
Qualifications:
• Chartered Accountant with SAP knowledge
• 6+ years of progressively responsible financial management experience in the FMCG industry, with a strong background in food production and distribution.
• Strong knowledge of financial regulations
• Excellent leadership and team management skills.
• Advanced proficiency in financial modeling, Excel, and financial software applications.
• Exceptional analytical and problem-solving abilities.
• Strong interpersonal and communication skills.
• Ability to work collaboratively with cross-functional teams.
This Financial Controller position is vital to the financial success and stability of our Food brands. The ideal candidate will have a proven track record in financial management and leadership within the FMCG sector and the ability to drive financial performance while ensuring compliance and financial integrity.
Benefits:
• Competitive salary and performance-based bonuses - The max CTC on offer for this role is INR 24L per annum
• Health insurance.
• Opportunities for career growth and development.
• Employee discounts on company products.
HIPL is an equal opportunity employer. We welcome candidates from all backgrounds and are committed to creating an inclusive and diverse workplace.
This Job Description only provides brief of the role. There would be additional tasks added or responsibilities removed/reallocated as per business requirements
💡 Quick Summary
Seeking a career-building opportunity? The Financial Controller position is now open for candidates interested in the Remote Jobs sector. This role in New Delhi offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Remote Jobs is a plus.
