The posting
AVP – Group Financial Controlling
Job Summary
The AVP – Group Financial Controlling will oversee the financial operations of multiple legal entities, including foreign subsidiaries, ensuring accurate financial reporting, compliance, and audit readiness. This role is pivotal in consolidating group financials, leading budgeting and planning cycles, and driving process improvements across controllership functions.
The position reports directly to the CFO and plays a critical role in supporting the organisation’s growth across the sportswear and retail sectors.
Key Responsibilities
- Build and lead the group controllership team, standardising processes across entities and driving automation and system enhancements across accounting workflows.
- Own the monthly, quarterly, and annual close processes for all group entities, ensuring compliance with Ind AS and the Companies Act and delivering timely, accurate financial reports and MIS to senior leadership and the Board.
- Consolidate group financials and maintain consistent accounting policies and internal controls across manufacturing, brand, and retail verticals.
- Oversee accounts payable functions, including vendor payments, reconciliations, and controls, and manage capitalization of manufacturing capex, retail store fit-outs, and IT infrastructure.
- Lead annual budgeting and planning cycles, including consolidation of the group AOP, performance tracking, rolling forecasts, and cash flow projections.
- Deliver variance analysis against budgets with detailed driver-level commentary for senior management and the Board.
- Partner with business teams on unit economics, channel profitability, and store-level P&L reviews; support long-range planning and capital allocation decisions.
- Lead statutory, internal, and group audits, acting as the primary contact for auditors, resolving audit observations, and strengthening controls.
- Ensure compliance with ITGC requirements and drive the internal audit programme, ICFR framework, and control documentation to IPO-readiness standards.
- Manage treasury functions, including cash flow planning, banking relationships, and working capital optimisation across entities.
- Oversee tax compliance across GST, TDS, and income tax, manage tax assessments and litigation, and ensure transfer pricing compliance on intercompany transactions.
Qualifications
- Chartered Accountant (CA) – mandatory.
- 12+ years of post-qualification experience, including at least 4–5 years in a controllership or group reporting leadership role.
- Prior experience in a multi-entity or multi-brand group structure, preferably with manufacturing and consumer/retail exposure.
- Strong command of Ind AS, the Companies Act, and consolidated group financial reporting.
- Proven experience managing statutory and internal audits and working directly with Big 4 or equivalent auditors.
- Working knowledge of GST, TDS, corporate tax, and transfer pricing.
- Experience in treasury and working capital management across multiple business lines.
- Demonstrated people leadership skills, with experience building or scaling finance and controllership teams.
- High level of ownership and a hands-on approach, with the ability to operate effectively in a fast-scaling, founder-led environment.
Preferred Skills
- Experience with ERP systems and process automation.
- Knowledge of IPO-readiness standards and disclosures.
- Strong analytical and strategic thinking skills.
- Excellent communication and stakeholder management abilities.
Experience
- Minimum 12 years of relevant post-qualification experience.
- Extensive experience in controllership, group reporting, audit management, and financial consolidation within complex, multi-entity organisations.
Location & Work Environment
- Location: Bengaluru
- The role involves working across multiple legal entities in a fast-paced, dynamic, and founder-led organisation.
- Occasional travel may be required for audits, stakeholder meetings, or strategic initiatives.
