Assistant Finance Controller

About Us:

Vananam, founded in September 2021 in Bangalore, India, aims to become a US$ 50 Bn conglomerate in five years, focusing on global and Bharat markets. With over 500 team members located in India, Dubai, Singapore, and the US, it spans Transit Retail, Real Estate, Hospitality, and Rewards & Loyalty sectors, targeting significant growth through stakeholder wealth creation. As a fast-growing organisation, we pride ourselves on fostering a collaborative and inclusive work culture that nurtures talent and promotes professional growth.

Role Summary

The Asst Finance Controller will lead the financial operations and reporting function for Vananam India, ensuring accuracy, compliance, and control across multiple business verticals (Rewards, Retail, QSR, and Trading). This role is pivotal in strengthening the Groups financial governance as it scales towards its IPO journey and global expansion.

The ideal candidate is a Qualified Chartered Accountant with strong exposure to Ind-AS, consolidation, and multi-entity operations, possessing both a strategic mindset and hands-on rigor.

Key Responsibilities

Financial Reporting & Consolidation

Oversee preparation of monthly, quarterly, and annual financial statements in compliance with Ind-AS and Companies Act 2013.

Manage group consolidation across subsidiaries in India, UAE, Singapore, and the US, including inter-company eliminations and foreign currency translation.

Coordinate statutory, tax, and internal audits, ensuring timely completion and clean reports.

Accounting & Controls

Establish and maintain robust internal control systems (ICoFR) and standard operating procedures (SOPs) across all finance functions.

Review & Ensure accuracy of GL postings, reconciliations, and timely closure of books (zero-backlog culture).

Supervise AP, AR, Treasury, and Compliance functions led by respective managers to maintain smooth financial operations.

Review and implement accounting treatments for complex transactions NCDs, CCPS/OCPS, inter-company loans, intangibles capitalization, and revenue recognition.

Budgeting & Analysis

Collaborate with FP&A to support budget vs. actual variance analysis and management reporting.

Assist leadership with insights for decision-making, including cost optimization, working capital management, and margin analysis.

Taxation & Compliance

Ensure compliance with GST, TDS, and other statutory requirements including reconciliations and filings.

Liaise with consultants for transfer pricing, FEMA, and cross-border compliance matters.

Maintain adherence to internal and external audit requirements, MCA filings, and ROC submissions.

Treasury & Cash Flow

Monitor fund flows across group entities and oversee bank reconciliations, cash forecasting, and debt-equity funding movements.

Support the treasury team in short-term investments, working capital optimization, and inter-company funding structures.

Leadership & Team Management

Supervise finance managers in AP, AR, and Treasury; mentor team members in accounting standards and reporting excellence. Foster a culture of accountability, automation, and continuous improvement.

Qualifications & Experience

• CA (Chartered Accountant) mandatory
• 610 years of experience in finance and accounts; minimum 3 years in a controller or managerial role
• Strong knowledge of Ind-AS, audit preparation, and multi-entity consolidations
• Experience in ERP/Tally/Zoho Books/NetSuite environment preferred
• Exposure to cross-border entities, FEMA, or IFRS reporting is an advantage
• Pay Scale - As per Industry standards
• Immediate Joiner

Core Competencies

• Meticulous attention to detail and strong analytical mindset
• Deep understanding of financial controls, reconciliations, and compliance frameworks
• Ability to balance strategic thinking with operational discipline
• High integrity, ownership mindset, and ability to thrive in a fast-scaling environment

Join a rapidly growing group redefining digital rewards, retail experiences, and new-age consumer platforms. Youll play a key role in building a finance backbone for a future-ready conglomerate one thats scaling from 500 Cr+ to 5,000 Cr+ and beyond, with a clear path toward IPO and global expansion.

How to Apply: Interested candidates should submit their resume to hiring@vananam.com, Please include "Asst Finance Controller" in the subject line.