Deputy General Manager - Finance & Credit Control - Shree NM Electricals Ltd. - Mumbai
Shree NM Group
·Today
- Salary
- Up to ₹1
- Location
- Mumbai, India
- Department
- Engineering
- Seniority
- Manager
- Source
- Keka
Description
Position: Group Corporate Controller
Reporting To: Chief Financial Officer (CFO)
Location: Parel, Mumbai
Role
The Corporate Controller will lead the organisation's financial controllership function, ensuring accurate financial reporting, robust internal controls, regulatory compliance, and effective financial governance. The role will play a strategic leadership position in the successful implementation and ongoing compliance with Indian Accounting Standards (Ind AS), while supporting business growth, process excellence, and digital finance transformation.
The incumbent will partner with business leaders to deliver timely financial insights, strengthen governance, and establish scalable financial processes suitable for a large enterprise.
The ideal candidate is a technically strong Chartered Accountant with proven expertise in financial controllership, Ind AS implementation, statutory compliance, audit management, and finance transformation within a large organization. The individual should possess strong leadership capabilities, experience managing large finance teams, and the ability to partner with senior management in driving financial excellence and organizational growth.
Key Responsibilities
Financial Reporting & Controllership
- Lead the monthly, quarterly, and annual financial close process.
- Ensure timely preparation of standalone and consolidated financial statements.
- Ensure compliance with Ind AS, Companies Act and other statutory regulations.
- Establish a strong financial control framework across all business units.
- Drive financial reporting accuracy, transparency, and governance.
Ind AS Implementation & Technical Accounting
- Lead end-to-end implementation and stabilisation of Ind AS.
- Evaluate accounting implications of new business transactions.
- Prepare accounting position papers and technical accounting memoranda.
- Develop accounting policies and manuals aligned with Ind AS.
- Coordinate with external consultants, auditors, and internal stakeholders during transition.
- Ensure compliance with evolving accounting standards and regulatory changes.
Internal Controls & Governance
- Strengthen Internal Financial Controls (IFC).
- Lead Risk Control Matrix (RCM) reviews.
- Ensure effective SOPs and process documentation.
- Coordinate internal audits and monitor closure of audit observations.
- Drive continuous improvement in governance and compliance.
ERP & Finance Transformation
- Partner with IT for ERP enhancements and finance automation.
- Drive process standardization across group companies.
- Improve financial reporting through dashboards and MIS automation.
- Lead digital finance initiatives including workflow automation and analytics.
Statutory, Tax & Audit Management
- Planning and executing Statutory audit, Tax audit and Internal audit in a scheduled manner.
- Ensure compliance with GST, Income Tax, TDS, and other statutory requirements.
- Support regulatory filings and board reporting.
Team Leadership
- Lead and develop the finance controllership team across group Companies.
- Foster a culture of accountability, compliance, and continuous improvement.
Stakeholder Management
The Finance Controller will closely interact with:
- CFO
- CEO
- Business Heads
- Statutory Auditors
- Internal Auditors
- Tax Advisors
- Banks and Financial Institutions
- ERP Implementation Partners
- Secretarial and Legal Teams
Skills
ComplianceERP