Finance Controller

Job Description:

About Us: Confluent Medical Technologies, Inc. (“Confluent USA”) specializes in expert design and development of large-scale manufacturing specializing in interventional catheter-based devices and implants. Confluent USA’s capabilities include Nitinol components, balloon and complex catheters, high-precision polymer tubing, and implantable textiles.

Confluent India was established in 2021 to augment manufacturing capacity of Confluent USA. In 2025, Confluent India is set to begin large scale operations including sales to both third- and related-parties. Accordingly, the Company must establish its finance and accounts capabilities beginning with the hire of a controller.

Job Summary: The Finance Controller will be responsible for overseeing the financial operations and ensuring statutory compliance in India. The candidate would report to the Corporate Accounting team in the US with a dotted line to the General Manager heading the Indian Operations. This role requires close collaboration with our US entity and a deep understanding of both IGAAP and US GAAP accounting standards. The ideal candidate should have experience maintaining dual book ERP systems (IGAAP and US GAAP) and a strong background in managing statutory compliance in India.

Key Responsibilities:

• Manage and oversee the daily operations of the finance and accounts (“F&A) department of Confluent India
• Identify long-term hiring needs for Confluent India F&A department and oversee recruit-to-hire process of India F&A team.
• Manage the following cycles in line with the global standards defined by the US Corporate Accounting team: Revenue & Receivables, Purchases & Payables, and Accounting & Reporting
• Ensure compliance with IGAAP and US GAAP accounting standards to ensure consolidations and reporting are properly coordinated and aligned with the US Corporate Accounting team.
• Prepare financial statements and reports on a monthly, quarterly, and annual basis in both IGAAP and US GAAP for review by the US Corporate Accounting team.
• Support the US Accounting team in preparing the company’s monthly operating review package that includes results, variance analysis, footnote disclosures, and forecasts for the Income Statement, Balance Sheet, and Cash Flow Statements.
• Implement and maintain IGAAP and US GAAP books and general ledgers in ERP / system of record, Epicor.
• Manage compliance with all local legal and statutory requirements for Confluent’s entity and operations in India, including statutory filings and financial statement audits.
• Co-develop and implement Policies and Procedures in collaboration with the US Corporate Accounting team
• Support working hours that accommodates US team working hours as and when required
• Team regularly with US Corporate Accounting and FP&A team on providing historical information, recasting financials for improved visibility, month-end close & forecasting, and executing the finance & accounting closing calendar ensuring deadlines are met.
• Manage audits and liaise with external auditors and third-party tax advisor on the tax provisions and local tax filings
• Support US FP&A team and Finance Manager in preparing forecasts and budgets.
• Provide ad hoc data / analysis required by senior management of the Company and Confluent USA.

Qualifications:

• Professionally qualified CA (Chartered Accountant) or CWA (Cost and Works Accountant).
• Experience with working for an Indian subsidiary of a US parent (preferred).
• Experience with Epicor (ERP) and Adaptive Planning (Financial Analysis) is beneficial, else experience with upper-quadrant ERP (e.g. NetSuite, Oracle, SAP, D365, TM1, Hyperion etc.) and other business systems (e.g., Blackline, Concur T&E, etc.) is preferred
• MBA in Finance (preferred).
• Minimum of 10 years of relevant work experience in finance and accounting.
• In-depth knowledge of IGAAP and US GAAP accounting standards.
• Proven experience with ERP systems and managing dual books.
• Strong understanding of statutory compliance requirements in India including but not limited to Income Tax, Custom Duty, GST, FDI, WHT (TDS), PF, ESIC, PT.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong verbal and oral communication and interpersonal skills.
• Ability to work collaboratively with cross-functional teams and international counterparts.
• Ability to perform under the demands and challenges of being a private equity backed company.
• Demonstrated success in operating in a “roll-up your sleeves” environment
• Exceptional expertise in MS Excel and PowerPoint to analyze and manage large data sets and transform into information.
• Recognized as a results-oriented teammate and leader who inspires exceptional performance out of others

What We Offer:

• Competitive salary and benefits package.
• Opportunity to work in a dynamic and growing company.
• Collaborative and inclusive work environment.
• Professional development and growth opportunities.