Lead - Finance Controller at Ayr Energy in Hyderabad, India

Job description

• Job Description
• We are looking for a sharp, ownership-driven finance professional to anchor the controllership function of a growing organisation with cross-border operations (India–USA). The primary mandate is building and running a robust financial control environment — from books to board-ready MIS — while providing hands-on compliance support across tax, regulatory, secretarial, and international trade frameworks. This is a high-accountability, high-visibility role suited to someone who combines analytical rigour with practical execution.

Responsibilities

• A. Controllership (Primary Mandate)
• • Own end-to-end bookkeeping across entities ensuring accuracy, completeness, and timeliness.
• • Prepare and publish monthly financials — P&L, Balance Sheet, Cash Flow — with variance commentary.
• • Design and maintain a monthly close calendar; drive predictable, clean month-ends.
• • Build management dashboards and MIS packs for leadership decision-making.
• • Lead statutory, internal, and tax audits end-to-end — planning, fieldwork coordination, and sign-off.
• • Liaise with external auditors; manage PBC requests and resolve queries efficiently.
• • Track and close audit observations; maintain an action-tracker with ownership and timelines.
• • Draft, document, and maintain accounting policies aligned with Ind-AS / IGAAP.
• • Benchmark against industry practice and regulatory guidance before finalising positions.
• • Prepare accounting memos for complex or judgement-heavy transactions (leases, revenue recognition, related-party dealings, business combinations).
• • Act as the embedded finance partner for the procurement / corporate purchases function.
• • Review vendor contracts and purchase orders for commercial, taxation, and accounting implications.
• • Ensure correct GST treatment, TDS applicability, and capitalisation vs. expense classification on all purchases.
• • Drive cost governance: budgets, actuals, forecasts, and variance analysis on capex / opex categories.
• • Support vendor negotiations with data-backed insights on pricing and payment terms.
• B. Compliance & Regulatory (Supporting Mandate)
• • File corporate income tax returns, advance tax computations, support for tax audit.
• • Manage TDS/TCS compliance — deductions, payments, quarterly returns (24Q/26Q/27Q), and Form 16/16A issuance.
• • Identify and implement tax-efficient structures and exemptions to optimise the effective tax rate.
• • Respond to income-tax notices; coordinate with consultants for assessments and appeals.
• • Own GST compliance: monthly/quarterly returns (GSTR-1, 3B), annual return (GSTR-9/9C), and reconciliations.
• • Handle input tax credit matching, reverse-charge applicability, and e-invoicing / e-way bill processes.
• • Manage other periodic filings: PF, ESIC, PT, and applicable cess/levies.
• • Ensure end-to-end compliance for export of goods and services: shipping bills, EDPMS, LUT / bond filing under GST.
• • File and track Foreign Inward Remittance Certificates (FIRCs) and Bank Realisation Certificates (BRCs).
• • Handle RBI / FEMA filings — ODI, FDI, FLA returns, APR/OPI reporting, and ECB reporting where applicable.
• • Coordinate with AD banks on forex transactions and ensure timely realisation of export proceeds within prescribed timelines.
• • Maintain contemporaneous TP documentation as applicable, benchmark inter-company transactions, work with TP consultants.
• • Coordinate with US CPAs / advisors on federal and state income tax filings for the group's US entity.
• • Track US sales tax nexus, registrations, and periodic filings across applicable states.
• • Support due diligence, W-8/W-9 documentation, and 1099/1042-S reporting as required.
• • Maintain intercompany agreements and ensure consistency of positions across India and US entities.
• • Review, renew, and optimise the company's insurance portfolio (D&O, product liability, marine cargo, property, professional indemnity, key-man, etc.).
• • Benchmark coverage and premiums annually; engage brokers for competitive quotes.
• • Ensure claims are tracked, filed timely, and followed up to closure.
• • Coordinate with the Company Secretary for ROC filings (annual returns, financial statements, board resolutions, share allotments, etc.).
• • Maintain statutory registers and ensure timely compliance with Companies Act, 2013 obligations.
• • Support board meetings — prepare agenda, notes to accounts, and follow-up action trackers.
• • Manage any LLP / subsidiary / overseas entity compliance as applicable.

Requirements

• • CA (Qualified) with 2–3 years of post-qualification experience, OR
• • CA (Semi-Qualified — Intermediate cleared) with 7–8 years of relevant hands-on experience.
• • Articleship from a Big 4 (Deloitte, EY, KPMG, PwC) or top-10 Indian CA firm is a strong differentiator.
• Technical Skills
• • Strong command of Ind-AS / IGAAP and working knowledge of US GAAP a plus.
• • Hands-on experience with Tally / Zohobooks/ SAP / QuickBooks or equivalent ERP.
• • Proficiency in Excel (pivot tables, VLOOKUP, financial models); Power BI or similar a bonus.
• • Exposure to export documentation and foreign-exchange accounting.
• Behavioural Competencies
• • Ownership mindset — treats compliance deadlines as non-negotiable and proactively flags risks.
• • Structured problem-solver — comfortable researching ambiguous issues and forming a defensible position.
• • Clear communicator — can translate complex tax / accounting positions for non-finance stakeholders.
• • Detail-oriented with a healthy appreciation for the big picture.
• • Comfortable working in a lean, fast-moving environment with limited hand-holding.

Skills

Required

• Strong command of Ind-AS / IGAAP

Preferred

• Working knowledge of US GAAP
• Power BI or similar

Benefits

• • End-to-end ownership: from ledger to board deck, India to USA — rare breadth for someone at this stage.
• • Direct access to senior leadership and meaningful influence over financial strategy and structure.
• • Complex, multi-jurisdictional exposure.
• • Growing organisation — opportunity to build and formalise processes, not just follow them.
• 1,500,000 - 2,000,000 INR per month (Hyderabad)