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 (on-site) 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 dataProcurement 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 planningWhat 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 yourselfNon-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 [HIDDENTEXT]