Finance Controller - CA - Manufacturing Job Description Template
As a Finance Controller in our manufacturing division, you will be responsible for managing and overseeing all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecasts preparation, as well as development of internal control policies and procedures.
Responsibilities
- Oversee all financial operations and direct corporate financial planning and structure.
- Coordinate, analyze, and report the financial performance to management and board of directors (financial performance, projections, and other special projects as required).
- Prepare short and long-term financial projections, budgets, and performance reports.
- Ensure compliance with federal, state, and local legal requirements, including tax filings and financial audits.
- Establish and maintain internal control processes and ensure adherence to financial policies.
- Manage relationships with external auditors and regulatory authorities.
- Supervise and mentor financial team members.
- Support management in financial decision-making processes.
Qualifications
- CA designation required.
- Bachelor’s degree in Finance, Accounting, or related field; advanced degree preferred.
- Minimum of 5 years of experience in a financial controller role, preferably within the manufacturing sector.
- Solid knowledge of accounting and financial principles and practices.
- Proven experience in financial reporting, accounting, audit, and taxation.
- Excellent analytical, decision-making, and problem-solving skills.
- Strong leadership and team management abilities.
Skills
- Financial Reporting
- Budgeting and Forecasting
- Regulatory Compliance
- Internal Controls
- Taxation
- Audit Management
- Financial Analysis
- SAP
- Microsoft Excel
- Leadership
Frequently Asked Questions
A Finance Controller in a manufacturing company oversees all financial operations, including budgeting, forecasting, financial reporting, and cost management. They ensure compliance with financial regulations, analyze financial data to advise management, and drive strategies for cost reduction and profit optimization specific to manufacturing processes.
To become a Finance Controller in the manufacturing sector, one typically needs a Chartered Accountant (CA) qualification, coupled with at least 5-10 years of relevant experience. Professional experience in manufacturing finance, strong analytical skills, and a deep understanding of financial management software are crucial. Additional skills in leadership and strategic planning are also essential.
The average salary for a Finance Controller in the manufacturing sector varies based on experience, location, and company size. However, typically, a Finance Controller with a CA qualification in manufacturing can expect a competitive salary, which generally reflects the complexity of overseeing financial management and compliance in such a specialized industry.
To qualify as a Finance Controller in manufacturing, a Chartered Accountant (CA) certification is highly preferred. In addition, a solid background in accounting, finance management, and familiarity with manufacturing operations is crucial. Experience with ERP systems and financial software, along with strong analytical and problem-solving skills, are essential.
A successful Finance Controller in manufacturing requires strong analytical and financial skills, proficiency in financial reporting and ERP systems, and an understanding of manufacturing processes. Key responsibilities include managing financial risks, evaluating cost reduction strategies, ensuring regulatory compliance, and providing strategic financial guidance to support company goals.