Finance Controls & Governance

Manager – Finance Controls & Governance

Location: Mumbai, India Experience: 5–10 Years Qualification: CA / CMA / MBA (Finance)

About the Role

We are looking for an experienced Finance professional to join our team as Manager – Finance Controls & Governance. This role is responsible for strengthening the Finance control environment by ensuring adherence to internal policies, monitoring financial and system controls, overseeing critical reconciliations, and driving governance across finance processes.

The ideal candidate will have strong expertise in financial controls, ERP governance, reconciliations, audit management, and process improvement, with the ability to collaborate across Finance, Technology, Compliance, and Operations teams.

Key Responsibilities-

1. Financial Controls & Governance Ensure adherence to approved Finance SOPs, policies, and internal control frameworks. Monitor key financial processes to identify control gaps, risks, and improvement opportunities. Conduct periodic control reviews and ensure timely implementation of corrective actions. Drive process standardization, automation, and continuous improvement initiatives. Strengthen governance practices to ensure finance processes remain compliant, efficient, and audit-ready.

2. Reconciliations & Exception Management Oversee critical reconciliations, including: Bank Reconciliations General Ledger (GL) Reconciliations Settlement Accounts Suspense Accounts Monitor ageing of unreconciled items and ensure timely resolution of exceptions. Investigate recurring reconciliation issues and implement preventive controls. Prepare and publish periodic dashboards on reconciliation status, ageing, and control exceptions.

3. SAP & Financial Systems Controls Monitor SAP financial controls, master data governance, and accounting configurations. Review user access, Segregation of Duties (SoD), and maker-checker controls in collaboration with Technology teams. Monitor system interfaces, manual journal entries, reversals, exception reports, and suspense accounts. Participate in User Acceptance Testing (UAT) for ERP enhancements and system upgrades. Ensure financial controls remain effective across SAP and other finance systems.

4. Audit, Compliance & Risk Management Perform periodic control testing and compliance reviews. Support Internal Audit, Statutory Audit, and Regulatory inspections by providing required documentation and audit evidence. Track and ensure timely closure of audit observations and control deficiencies. Escalate significant control breaches, operational risks, and compliance issues to management. Maintain complete documentation and audit trails for all key finance control activities.

5. MIS & Cross-functional Collaboration Prepare Finance Control MIS, governance reports, and management dashboards. Coordinate with Treasury, Operations, Compliance, Technology, and Product teams to resolve finance control issues.