Finance Controller

About Albertsons Companies Inc.:

As a leading food and drug retailer in the United States, Albertsons Companies, Inc. operates over 2,200 stores across 35 states and the District of Columbia. Our well-known banners across the United States, including Albertsons, Safeway, Vons, Jewel-Osco and others, serve more than 36 million U.S customers each week.

We build and shape technology solutions that solve customers problems every day, making things easier for them when they shop with us online or in a store. We have made bold, strategic moves to migrate and modernize our core foundational capabilities, positioning ourselves as the first fully cloud-based grocery tech company in the industry.

Our success is built on a one-team approach, driven by the desire to understand and enhance the customer experience. By constantly pushing the boundaries of retail, we are transforming shopping into an experience that is easy, efficient, fun and engaging.

About Albertsons Companies India:

At Albertsons Companies India, we're not just pushing the boundaries of technology and retail innovation, we're cultivating a space where ideas flourish and careers thrive. Our workplace in India is a vital extension of the Albertsons Companies Inc. workforce and important to the next phase in the companys technology journey to support millions of customers lives every day.

At the Albertsons Companies India, we are raising the bar to grow across Technology & Engineering, AI, Digital and other company functions, and transform a 165-year-old American retailer. At Albertsons Companies India associates collaborate directly with international teams, enhancing decision-making processes and organizational agility through exciting and pivotal projects. Your work will make history and help millions of lives each day come together around the joys of food and inspire their well-being.

Position - Director

Job Title Finance Controller

Key Responsibilities:

Financial accounting and book closure:

• Preparation and review of periodic financial statements
• Ensure timely and accurate closure of books of accounts in compliance with applicable accounting standards (Ind AS, US GAAP etc)
• Oversee general ledger accounting, reconciliations and financial reporting processes
• Design and implement allocation methodologies that provide clear cost visibility across the organization
• Appropriate review and capitalisation of labour cost etc
• Periodical balance sheet reviews and appropriate measures for balance sheet clean up

Statutory Audit:

• Drive external audits and engagement on risk and assurance compliance with external auditors

Payments and receivables management:

• Ensure timely and compliant vendor payments with adherence to critical internal controls
• Monitor and ensure timely billing and receivables
• Ensure vendor database is updated and necessary DOA (Delegation of Authority) and other internal approvals (procurement and payment policies) are implemented or adhered to

Team Leadership:

• Supervise and mentor finance and accounting team members
• Build, lead, and develop a high-performing finance team with a strong focus on capability building and succession planning
• Promote culture of accountability, accuracy and continuous improvement

Cost Optimization & Productivity:

• Identify opportunities for cost reduction, efficiency enhancement, and resource optimization.
• Partner with business and functional leaders to drive productivity initiatives.
• Monitor and report on cost-saving programs and benefits realization.
• Own management reporting and performance dashboards for key stakeholders.
• Deliver meaningful financial and operational insights through advanced analytics.
• Support business leaders with data-driven recommendations to improve performance.
• Drive standardization and automation of reporting processes.
• Partner with IT Finance and cross-functional teams to implement reporting tools and finance technology solutions.
• Play a key leadership role in the Oracle implementation and GCC reporting transformation initiative, expected over the next 6-9 months.
• Drive process improvements through automation, data governance, and digital finance solutions.
• Financial Reporting & Business Analytics
• Finance Transformation & Systems Implementation

Qualifications:

• Chartered Accountant (CA)/ Certified Public Accountant (CPA)

Experience:

• 18+ years of post-qualification experience in various roles in finance and accounting
• Experience working in multinational corporations with strong engagement with Headquarters outside India and global reporting frameworks preferred
• Strong background in financial reporting, accounting & monthly book closure, and business controlling
• Experience in managing finance for multi-product or multi-business environments

Key Skills & Competencies:

• Strong knowledge of accounting standards and financial regulations
• Strong understanding of internal controls and risk management
• Excellent communication and stakeholder management abilities
• High standards of integrity, governance, and confidentiality
• Strategic mindset with the ability to balance operational and long-term priorities
• Strong leadership and team management skills