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Open nowPosted 18 days ago

Associate Director- Financial Controller

Scrabble & Jigsaw

Where
Mumbai, India
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Your applicationOpen nowAssociate Director- Financial ControllerScrabble & Jigsaw · Mumbai, India

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Share of postings closed within
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  2. 4.4%3 days
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  4. 18.6%14 days
  5. 35.6%30 days
  6. 45.1%60 days
This job: posted 18 days ago

The posting

Location: Mumbai

Reporting to: Senior Director-Finance

Team Size: \~20 extended team with Accounting, Receivables, Payables, Tax & Treasury

Role Purpose

Own end-to-end financial controllership, governance, and cash management. Ensure accurate books, strong compliance, tight working capital control, and provide sharp financial visibility to drive profitable growth.

Key Responsibilities

1. Financial Controllership & Closure

  • Lead monthly, quarterly & annual closure with clean books
  • Own P&L, Balance Sheet, Cash Flow, provisions, and reconciliations
  • Ensure adherence to Ind-AS & IGAAP and accounting policies
  • Drive audit readiness and strong internal controls

2. Process, System and Analytics

  • Marketplace (Amazon, Nykaa, Flipkart etc) & D2C reconciliation
  • Payment gateway, returns, refunds tracking, commission and settlement validation
  • Strengthen system, processes and automation by leveraging ERPs and BI tools
  • Build scalable processes and reporting discipline
  • Build insights & data for management for informed decision making

3. Compliance, Audit & Governance

  • Ensure 100% compliance with GST, Income Tax, TDS, Companies Act
  • Lead statutory, internal, and tax audits
  • Handle notices, assessments, and litigation
  • Strengthen internal financial controls (IFC) and risk frameworks

4. Accounts Receivables Management

  • Own Days Sales Outstanding, ageing, collections efficiency
  • Define credit limits, payment terms, and risk controls
  • Drive distributor / MT / key account reconciliations
  • Ensure bad debt provisioning and recovery governance

5. Accounts Payables & Vendor Governance

  • Ensure accurate invoice processing and timely payments
  • Drive GRN matching, approvals, and payment controls
  • Optimize payables cycle while maintaining vendor trust
  • Control trade spends, claims, and leakage risks

Key Success Metrics

  • Working Capital Days
  • Closure of Accounts
  • Receivables: DSO reduction and on-time collections
  • Payables: Optimized cycle and zero penalties
  • Audit/Compliance: Zero major gaps
  • Any other key metrics which evolve as per business needs as part of the role

Candidate Profile

Education

  • CA (mandatory, strong academic track, first or second attempt preferred)
  • Strong grounding in accounting standards, taxation, and audit

Experience

  • \~ 5+ years of experience in controllership roles
  • Proven experience in:
  • Financial closure & audits
  • AR, AP and working capital management
  • Treasury and cash flow control
  • Compliance and governance frameworks
  • Lead and develop high-ownership finance team (more than 20 extended member team)
  • Experience in FMCG, D2C & Retail is preferred

Behavioral Skills & Traits

  • High integrity and control mindset
  • Detail-oriented with business understanding
  • Strong stakeholder management (Management, auditors, Sales & Supply Chain Partners etc.)
  • Bias for process rigor and continuous improvement
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