Financial Controller (Bhopal)

IZI

Business Controller & Finance Operations Lead

Location: Bhopal, MP
· Full-Time
· 3–8 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 (in office)

Experience 3–8 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 3–8 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

• 3–8 years of relevant experience in business or operational finance

To Apply

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

Apply on Kit Job: kitjob.in/job/4n6ef8