Finance Controller - India
Posted 3 months ago
TechGrove is the Centre of Excellence for Banyan Software, based in Chennai, India. It plays a key role in supporting Banyan’s global businesses through technology, security, and software development. TechGrove brings together India’s deep pool of technical talent with Banyan’s long-term approach to growth, creating a trusted, developer-focused environment where people can do their best work.
Job Post From Candidate Application
Finance Controller - India
Role Overview
Finance Controller - India (Banyan Tech Grove) will serve as the senior finance leader for the Tech Grove Team, responsible for financial governance, treasury oversight, systems discipline, and scalable operational infrastructure across the India platform. Unlike traditional finance-org structures where Controller, Tax, and FP&A operate as separate functions, this role is the single overarching finance owner for the India entity — responsible for the full statutory, treasury, and operational finance mandate.
Reporting to Corporate Finance leadership and partnering closely with the General Manager, this role ensures strong alignment with Banyan’s global financial standards while enabling operational excellence at the platform level. This position will contribute to strategic planning, capital allocation discussions, and long-term scalability initiatives to support Tech Grove’s continued growth and increasing complexity while ensuring strong alignment with Banyan’s global finance
standards, operating principles, and governance expectations. The mandate is to strengthen governance maturity, formalize systems and processes, and build
durable operational infrastructure - while preserving platform stability and enabling disciplined growth.
Key Responsibilities
1. Financial Leadership & Controllership
● Lead all financial reporting, month-end close, and balance sheet governance for the Tech Grove and related entities.
● Ensure high standards of reporting accuracy, accrual discipline, reconciliation integrity, and variance transparency.
● Oversee budgeting, forecasting, and financial planning processes in partnership with the General Manager.
● Support platform EBITDA performance through cost governance and financial insight.
● Maintain and continuously enhance internal control frameworks aligned with Banyan global standards.
● Serve as senior advisor on complex accounting and financial matters.
2. Strategic Planning & Performance Management
● Partner with the General Manager in developing annual operating plans and multi-year strategic roadmaps.
● Provide financial modeling and scenario analysis to inform capital allocation and investment decisions.
● Establish and monitor key performance indicators across financial health, working capital efficiency, and cost management.
● Contribute to executive-level discussions regarding platform growth, operational scaling, and performance optimization.
3. Statutory, Tax & Regulatory Oversight
● Ensure timely and accurate statutory filings
● Own transfer pricing compliance including Form 3CEB filings and ALP benchmarking; ensure GST/GSTR-3B, TDS, and FEMA/FIRC documentation for cross-border remittances is current and audit-ready.
● Manage relationships with external advisors, tax advisors and regulatory bodies.
● Oversee payroll tax compliance and employee-related financial obligations.
● Maintain audit readiness and documentation discipline across the platform.
● Lead response coordination for regulatory inquiries and audit matters.
4. Treasury & Financial Infrastructure
● Oversee cash forecasting and monthly funding coordination with Corporate Finance.
● Maintain strong governance over banking relationships, remittance documentation, and FX oversight.
● Ensure disciplined signatory controls and payment authorization frameworks, including cross-border transactions.
● Support capital prioritization discussions with data-driven analysis.
5. Systems, Process & Operational Discipline
● Establish and maintain scalable financial and administrative infrastructure that enables efficient platform operations and sustainable growth.
● Design, formalize, and continuously improve policies, controls, and standard operating procedures that strengthen governance maturity while preserving operational agility.
● Ensure integrity, reliability, and disciplined use of ERP, payroll, expense management, and reporting systems.
● Identify automation and process-improvement opportunities that reduce manual dependency and enhance operational resilience.
● Partner with functional leaders to implement infrastructure enhancements that support execution effectiveness without disrupting day-to-day operational ownership.
● Provide financial and governance perspective on cross-functional initiatives that carry fiscal, regulatory, or risk implications.
● Ensure documentation continuity and process transparency to support audit readiness and organizational scalability.
6. Cross-Functional & Platform Leadership
● Serve as a strategic partner to local leadership, contributing to enterprise-wide coordination and decision-making across Finance, HR, Operations, IT, and Compliance.
● Collaborate closely with the General Manager to align financial governance with operational priorities.
● Provide structured oversight of hiring plans, compensation governance, and cost discipline.
● Promote a culture of integrity, transparency, and performance discipline across the platform.
Ideal Candidate Profile
● 12+ years of progressive leadership experience in finance, controllership, operational
finance, or related executive roles.
● Experience spanning controllership and operational or platform-level leadership
● Strong understanding and HANDS-ON EXPERIENCE of Indian statutory compliance — GST/GSTR-3B, TDS, transfer pricing (Form 3CEB), FEMA/FIRC, and branch accounting — alongside treasury governance and cross-border remittance frameworks
● Strong understanding of statutory compliance, treasury governance, and risk management
● Demonstrated experience building scalable systems, policies, and operational frameworks
● Proven ability to operate effectively in high-growth, evolving environments
● Experience with ERP systems such as Tally and NetSuite
● Prior experience owning the India-entity finance function within a GCC, captive, or foreign-owned subsidiary — covering Indian statutory, TP, and treasury obligations in full — as distinct from shared-services or CoE roles that primarily support non-India accounting on behalf of a parent or global entity
● High integrity, strong judgment, executive maturity, and ability to serve as a stabilizing presence
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Protect yourself by following these steps:
- Verify that all communications from our recruiting team come from an @banyansoftware.com email address.
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- If you receive a suspicious message, do not respond — instead, forward it to [email protected] and/or report it to the platform where you received it.
Your safety and security are important to us. Thank you for staying vigilant.
Banyan Software is a buy and hold for life acquirer of vertical market software businesses. Founded in 2016 by David Berkal, Banyan was created to offer software owners a third option beyond selling to a competitor focused on cutting costs or a traditional investment firm that would resell the business a few years later. As a private company with no fund timeline and no exit pressure, Banyan holds and grows its businesses for life. Unlike private equity firms, Banyan preserves the culture, brand, and autonomy of each business rather than consolidating or cutting costs to maximize short-term returns. Every acquired company keeps its management team, brand identity, and customer relationships intact. Banyan works closely with each owner to find the right path forward, whether they want to stay at the helm, transition to an advisory role, or make a graceful exit. Many owners choose to retire or move on, either at closing or within a year or two. In those cases, Banyan partners with the outgoing owner to recruit a new CEO who is the right fit for the team and culture. Every Banyan company is paired with a dedicated Operating Leader who provides strategic guidance and support. Companies also gain access to the Banyan Business Community, which includes CEO Summits, functional Guilds, an online portal, and peer networks. Growth Enablement resources are available across finance, technology, sales and marketing, HR, legal, and talent. Banyan also invests in AI capabilities across its portfolio to help modernize products and accelerate growth. Banyan acquires profitable, market-leading enterprise software businesses with annual revenues generally greater than $2M, a high proportion of recurring revenue, strong customer retention, and engaged employees. The portfolio spans vertical markets including education, government, financial services, healthcare, media and entertainment, and transportation, with businesses across North America, the United Kingdom, Europe, and Australia and New Zealand
Key team members
Adam Cole
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