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Torq Commodities

Financial Controller

Posted 6 Days Ago
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In-Office
Navi Mumbai, Thane, Maharashtra, IND
Mid level
In-Office
Navi Mumbai, Thane, Maharashtra, IND
Mid level
Responsible for financial control across the WAF region, including costing, budgeting, variance analysis, MIS reporting, account finalization, tax compliance, treasury, bank financing, audits, and AOP reporting. The role supports board and investor presentations, ensures procurement and shipment costs remain within budget, manages local statutory requirements, and mentors the finance team. Travel to Senegal and across Ivory Coast is required during the trading season.
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Accounting, MIS, Budget

1. Responsible for cost estimation as per procurement plan and preparing the actual costing for each shipment.

2. Daily reports monitoring to ensure all procurement, direct expenses are within budget.

3. Ensure all the business accounts of WAF region are accurate and updated - account finalization, review, analysis, provisioning, tax planning and year end compliances.

4. MIS reporting as per management requirement related to accounts, procurement, shipments, Customs clearing etc.

5. Introduce and implement necessary formats where required.

6. Budget preparation for all the WAF centers and ensuring budget control, variance analysis.

7. Govern and report Annual Operating Plan (AOP) on weekly/monthly/quarterly basis.

8. Present monthly financial summary, analysis insight in a crisp, meaningful manner through MIS/dashboards to the business with a detailed working.

9. Assist in building financial decks & presentations for the purpose of the Board / Investor review.

10. Develop & mentor team of able subordinates to enable achieving deliverables.

 Banking & Treasury

1. Fund raising from local banks- pre-sanction & post disbursement documentation & compliances.

 2. Weekly fund flow preparation. Ensure that adequate fund allocation & flow is available for smooth operations.

Local Compliances

1. Tax planning basis budgets at start of each year, Handling & closing tax dept audits with optimization of Statutory Compliances & local Account finalization.

2. Handling local Auditors.


Requirements

Qualifications and Experience

  • Willingness to travel to Senegal and across Ivory Coast as required during the trading season.
  • Qualified Chartered Accountant (CA) with 3–5 years of finance experience in a commodities or trading business in Ivory Coast.
  • Experience arranging financing with local banks and managing the related documentation and compliance requirements.
  • Proficiency in ERP systems, accounting software and Microsoft Office, particularly advanced Excel.
  • Knowledge of IFRS and GAAP. Familiarity with SYSCOHADA is an advantage.
  • Professional fluency in written and spoken English, with working proficiency in spoken and written French.

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