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Open nowPosted 36 hours ago

Finance Controller

Scrabble & Jigsaw

Where
Bengaluru, India
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Your applicationOpen nowFinance ControllerScrabble & Jigsaw · Bengaluru, India

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This job: posted 36 hours ago

The posting

Finance Controller

## Company Overview Leumas is a Bengaluru-based manufacturer specializing in robotic, fully modular production lines for nutraceutical and wellness brands. Unlike traditional single-line factories, Leumas’ modular setup efficiently handles both small and large batch sizes. The company’s core intellectual property lies in its machinery design, which it monetizes through a manufacturing-as-a-service model rather than selling machines. Leumas serves a growing client base including MedPlus and direct-to-consumer (D2C) brands in gummies, multivitamins, skincare, and wellness. Currently operating under FSSAI-regulated nutra grade, Leumas is pursuing FDA licenses to enter pharma grade manufacturing and expanding into peptide production. The company has experienced rapid growth, nearly doubling revenue in six months, and plans to raise a Series B funding round next year.

## Job Summary The Finance Controller will own the finance and controllership functions for Leumas, a fast-growing manufacturing business. This hands-on role involves building robust systems, controls, and reporting frameworks to enable scalable growth and prepare the company for investor readiness ahead of its Series B funding. Reporting directly to the founders, the Finance Controller will actively participate in investor discussions and ensure financial operations align with both factory realities and strategic business goals.

## Responsibilities - Design and implement inventory controls across raw materials, work-in-progress, and finished goods. - Develop and maintain batch-level and factory costing models to ensure accurate product pricing. - Conduct reconciliations between physical and book stock; analyze variances, yield, and wastage. - Own the cost model for contract manufacturing across various batch sizes, formats, and product types. - Support the commercial team with margin analysis for client pricing, including new product categories such as peptides and pharma grade. - Establish and enforce capital expenditure (CapEx) approval and tracking processes for machinery and facility investments. - Manage capitalization policies and fixed asset accounting for in-house built and deployed machinery. - Report on return on capital and capital intensity relative to revenue. - Oversee monthly financial close, management information systems (MIS), and management reporting for founders and investors. - Manage statutory audits, Goods and Services Tax (GST), Tax Deducted at Source (TDS), income tax, and other regulatory compliance. - Build documentation and audit trails suitable for a regulated manufacturing environment. - Prepare financial models, data rooms, and diligence materials for Series B fundraising. - Collaborate with founders and investors on reporting, board packs, and diligence queries. - Strengthen budgeting, forecasting, and cash management processes as the business scales. - Build and lead a small finance team to support company growth. - Select and implement Enterprise Resource Planning (ERP) and finance systems tailored to a high-growth manufacturing environment.

## Qualifications - Qualified Chartered Accountant (CA). - 8 to 10 years of post-qualification experience. - Strong background in manufacturing finance within pharma, Fast-Moving Consumer Goods (FMCG) such as foods and personal care, or other FSSAI-regulated sectors. - Hands-on understanding of inventory management, factory operations, and manufacturing costing. - Proven experience with inventory controls, factory costing, pricing strategies, and CapEx controls. - Ability to work beyond desk-based finance roles, with practical knowledge of factory floor operations.

## Preferred Skills - Early career experience at large, process-driven companies such as ITC, Hindustan Unilever Limited (HUL), Procter & Gamble (P&G), Cipla, Johnson & Johnson (J&J), or Marico. - Experience working in startups or high-growth companies. - Exposure to investor relations and fundraising, ideally including venture-backed rounds. - Familiarity with regulated environments such as FSSAI, Good Manufacturing Practices (GMP), FDA, or similar. - Comfort with ERP systems and building finance processes from the ground up.

## Experience - 8 to 10 years of relevant post-qualification experience. - Experience in manufacturing finance with a focus on regulated sectors. - Practical exposure to factory operations and costing.

## Environment - Full-time role based in Bengaluru. - Hands-on involvement requiring presence on the factory floor as well as participation in boardroom and investor meetings. - Collaborative work environment with direct reporting to the founders.

## Growth Opportunities - Opportunity to build the finance function from the ground up. - Direct involvement in the Series B fundraising process. - Potential to grow within a rapidly scaling company expanding into pharma grade and peptide manufacturing.

## Benefits - Competitive and flexible compensation aligned with the seniority of the role.

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