Financial Controller

IZI

Business Controller & Finance Operations Lead

Location: Bhopal, MPFull-Time38 Years

About IZI

IZI is a fast-growing consumer electronics and technology brand headquartered in Bhopal. We operate across multiple channels Ecommerce (Amazon, Flipkart), D2C, offline distribution, and government/tender business and are building the internal infrastructure to match our commercial ambition. This role sits at the centre of that build a senior finance hire who owns the business numbers and drives decisions, not just documents them.

Role in One Line

Own the numbers that run the business build MIS that drives action, control revenue and spend across channels, manage working capital, and be the finance voice that holds the business accountable.

At a Glance

Role Business Controller & Finance Operations Lead

Reports To Management

Manages 1 direct report (Finance Operations Lead)

Location Bhopal, MP (on-site)

Experience 38 years

Joining Immediate / earliest possible

What You Will Own

MIS, Business Intelligence & Cross-Functional Control

Build and own the weekly and monthly MIS revenue, spend, contribution, and profitability across all channels and SKUs

Go beyond data extraction: track CAC, LTV, channel unit economics, and CM1/CM2 at a level that tells you where to push and where to pull back

MIS is your instrument of control use it to drive weekly conversations with commercial teams, flag underperformance early, and push corrective action across Ecommerce, Sales, Procurement, and Ops

Maintain budget vs actuals across all cost and revenue heads weekly, not monthly

Ensure management gets a MIS that answers 'where are we, where are we leaking, what do we do' not one that needs a meeting to decode

Own the financial review rhythm lead Day 1 (Revenue), Day 2 (Spend), and Day 3 (Profitability) weekly reviews with data prepared, insights ready, and actions proposed

Revenue & Commercial Control

Monitor revenue across Ecommerce, D2C, Offline, and Tender business weekly, channel-wise, SKU-wise

Own the price control register approved price vs actual, discounts given, deviations, and reasons

Identify and flag margin leakage and pricing deviations immediately do not wait for month-end

Manage discount and scheme approvals within delegated limits; escalate above-limit decisions to management

Own sales finance oversight for all channels PO tracking, COGS reconciliation, payment recovery, target tracking

Spend & Marketing Financial Control

Track all marketing and ad spends by channel budget vs actual, weekly

Flag over-runs with recommendations not just reports; hold marketing accountable to ROI

Align spend with margin structures; call out when spend is not earning its keep

Working Capital, Cash Flow & Debt Capital

Track DSO, DIO, DPO, and cash conversion cycle weekly; identify pressure points before they hit

Prepare cash flow visibility report for management inflows, outflows, net position fixed weekly cycle

Own working capital optimisation not just tracking, but actively improving the cycle

Experience in debt capital raising is a strong plus: CC/OD structuring, term loans, NBFC working capital instruments, or invoice/channel financing if you've done this, you'll own it here

Support management in bank and NBFC engagement financial data preparation, projections, ratio analysis, CMA data

Procurement Financial Oversight

Validate PO financials before commitment ensure pricing is commercially sound

Plan payment requirements and fund availability for procurement cycles

Track vendor outstanding and payment schedules no overdue build-up without visibility

Reconciliations, Controls & Disputes

Own vendor, marketplace, and distributor reconciliations

Track GRN vs invoice mismatches, marketplace deductions, and payment disputes resolve, don't just flag

Maintain credit control distributor aging, limit enforcement, collection tracking

Inventory financial control slow-moving and dead stock identification, liquidation planning

What Good Looks Like in This Role

Commercial teams plan their week around your MIS review because it tells them something they didn't know and asks them to act on it

No pricing deviation goes unnoticed for more than a week; no spend overrun goes unquestioned

Working capital position is visible, tracked, and improving not reactive

Payment cycles run like clockwork no ad-hoc approvals, no surprises

When management asks about the business, you already have the answer and a recommendation

You Should Apply If

You have 38 years in operational or business finance not just accounting or compliance

You've owned MIS and P&L reporting independently and used it to drive business decisions, not just produce decks

You understand channel economics ecommerce, distribution, or consumer goods background

You're comfortable pushing back on business teams when numbers don't add up finance here means accountability, not support

You're hands-on: you build the model, run the review, and follow up on the action

Bonus If You Have

Ecommerce or marketplace finance experience Amazon/Flipkart P&L, ad spend control, COGS reconciliation

Experience with debt capital instruments CC/OD, working capital loans, NBFC products, channel financing

Distribution or FMCG operational finance background

Experience with inventory-heavy businesses import, trading, manufacturing

Hands-on MIS building not managed a team that built it, but built it yourself

Non-Negotiables

Advanced Excel you will build and own MIS yourself, from scratch if needed

Strong grasp of CM1/CM2, CAC/LTV, working capital metrics, and channel P&L

Demonstrated ability to use financial data to drive cross-functional decisions not just report

On-site in Bhopal, full-time

38 years of relevant experience in business or operational finance

To Apply

Send your CV and a brief note on your most relevant experience to

theizihiring@gmail.com