Job Description

Finance Controller & Compliance Lead

CA (Qualified / Semi-Qualified)  |  India

ABOUT THE ROLE

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.

KEY RESPONSIBILITIES

A.  Controllership (Primary Mandate)

1.  Books & Financial Reporting

•      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.

2.  Audit Management

•      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.

3.  Accounting Policy & Technical Research

•      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).

4.  Business Finance — Corporate Purchases

•      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)

5.  Direct Tax

•      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.

6.  Indirect Tax & Routine Filings

•      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.

7.  Export Compliance & FEMA / RBI Matters

•      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.

8.  Transfer Pricing

•      Maintain contemporaneous TP documentation as applicable, benchmark inter-company transactions, work with TP consultants.

9.  US Compliance Support (India-Based)

•      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.

10.  Insurance

•      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.

11.  Secretarial Compliance

•      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.

CANDIDATE PROFILE

Qualifications

•      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.

WHY THIS ROLE

•      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.

Ayr designs and manufactures critical power grid equipment including power transformers, distribution transformers, special-purpose transformers, high-voltage circuit breakers, and medium-voltage switchgear. They serve markets such as renewables, data centers, utilities, oil & gas, and industrial sectors. They position themselves as partners in power projects, offering lifecycle support and working to deliver faster than average industry timelines.  

Website: https://ayr.energy