For manufacturers, family groups, NBFCs and mid-size companies that need one person to own the accuracy of the numbers. 3 to 5 CA-reviewed profiles in 7 working days. Fee: one month’s CTC.
Paid service. ₹5,000 per opening to start, adjusted against your fee. See pricing
3 to 5profiles, each checked by CA Ketul Patel before you see it
7working days to the first shortlist, counted from the day we receive the service charge
1 monthof the hire’s CTC is our fee, plus applicable taxes. That is 8.33% of annual CTC
90 daysreplacement period: one replacement for the same role at no additional fee
The role
The person who owns the accuracy of the numbers.
Short answer: a financial controller is responsible for monthly and annual reporting, consolidation, internal controls, the audits and tax compliance, and leads the finance team. In many groups the controller reports to the CFO or to the promoter.
Role
What they own
Hire this when
Finance manager
The whole finance function of one company: close, MIS, cash flow, GST and TDS, audits, the accounts team
The owner still signs every payment and the accountants have nobody to ask
Financial controller
The accuracy of the numbers across a group: reporting, consolidation, controls, audits and tax compliance
You run several entities, plants or lender relationships and the numbers must reconcile every month
CFO
Financial strategy, funding, investors and growth decisions
You are raising equity, acquiring a business or running several entities across states
Short answer: Ind AS reporting and consolidation, internal controls, audit leadership, GST and income tax compliance, MIS for the owner or board, real ERP work, and a CA or CMA qualification.
Reporting and consolidation: Ind AS or Indian GAAP accounts, consolidated across entities and plants
Internal controls: designing and running controls and approval limits
Audits: leading the statutory audit and the tax audit from planning to sign-off
Tax compliance: GST, TDS and income tax across registrations, with documentation for related-party transactions
MIS: a monthly pack with variances against budget that the promoter or board can act on
ERP: real work in SAP, Oracle or Microsoft Dynamics in larger companies, or Tally Prime and SAP Business One in mid-size ones
Banking: working capital limits, CMA data and lender reporting
Team and qualification: leading a finance team, usually with a CA or CMA
Salary by city
What a financial controller costs, city by city.
Typical annual CTC ranges for a financial controller published by AmbitionBox, read on 22 October 2026, with our fee at one month of that CTC.
AmbitionBox publishes city ranges on its financial controller page; Vadodara has its own page. Fees exclude applicable taxes. These are published ranges, not our placement data.
In larger companies the numbers run higher. Michael Page’s India Salary Guide 2026 puts a GM Finance or financial controller with 10 to 15 years’ experience at ₹1,000 to 10,000 crore companies at ₹40 to 80 lakh basic salary, and its salary comparison tool gives an average of ₹40 lakh for a financial controller at AVP level (Michael Page salary guide, salary comparison tool). The guide figures were read from a third-party copy because the official guide needs a sign-up, and they reflect Michael Page’s client base of larger firms.
Financial controller hiring in Mumbai
Mumbai: the largest pool, and the busiest market.
Short answer: Mumbai controllers typically earn ₹25.6 to 28.3 lakh a year on AmbitionBox, so our fee is about ₹2.13 to ₹2.36 lakh. NBFCs also expect RBI and Ind AS knowledge.
On 22 October 2026 Naukri listed 902 financial controller jobs in Mumbai, 246 of them matching an NBFC financial controller search (Naukri, NBFC search). LinkedIn showed 1,000+ and Indeed 261. These are keyword counts, so treat them as a guide to demand, not an exact number.
Many large agencies already work in Mumbai. We do not compete on speed. We compete on a Chartered Accountant reading every profile against your role, and on a published fee of one month’s CTC.
One month’s CTC is 8.33% of the annual CTC. Agency fees for senior hires in India usually run higher. VelivoHR puts contingency fees at up to 16.67% of CTC for senior roles and 20% to 25% for retained C-suite search (VelivoHR, 2026). Athena Executive Search puts executive search at 20% to 33% of first-year CTC, and 25% to 33% for a CFO (Athena Executive Search, August 2026).
Financial controller at ₹27 lakh CTC
Our fee: ₹2,25,000 plus applicable taxes
Paid upfront: ₹5,000, adjusted against the fee. The balance of ₹2,20,000 is due within 10 days of joining
At 12% to 16.67%: about ₹3.24 to ₹4.50 lakh
Financial controller at ₹30 lakh CTC
Our fee: ₹2,50,000 plus applicable taxes
Paid upfront: ₹5,000, adjusted against the fee. The balance of ₹2,45,000 is due within 10 days of joining
At 12% to 16.67%: about ₹3.60 to ₹5.00 lakh
₹27 lakh sits inside the AmbitionBox Mumbai range and ₹30 lakh inside the Ahmedabad and Gurugram ranges. They are examples, not quotes. The 12% figure is the lower end of the senior-role band cited in Indian fee guides; VelivoHR gives the 16.67% upper end.
How it works
Run fully by phone and video.
We do not need a meeting at your office to run the search. Briefing, screening and interviews happen by phone, WhatsApp and video, wherever in India your company is.
1
Brief on a call
Tell us the role, the CTC range, the reporting line and the companies you want people from, including your competitors. A phone or video call is enough.
2
Pay the ₹5,000 service charge
The 7 working days start on the day we receive it. It is adjusted against the fee, and half is returned if we do not close the opening within 30 days.
3
We search, screen and interview on video
We approach candidates, interview them by video and test the work the role needs. CA Ketul Patel reviews every shortlisted profile himself.
4
3 to 5 profiles within 7 working days
You interview the shortlist, in person or on video, as you prefer. We handle scheduling, feedback and the offer.
5
Your hire joins
If the placement ends within 90 days of joining, we find one replacement for the same role at no additional fee. Conditions apply.
Who reviews your shortlist
Every profile checked by a Chartered Accountant.
Chartered AccountantFounder
CA Ketul Patel
Founder, Accounting Baba
Ketul reviews every shortlisted profile himself before it reaches you. For a controller search, that means a Chartered Accountant has read the candidate’s reporting, audit, controls and tax experience against your role before you spend time on an interview.
A financial controller owns the accuracy of the company’s numbers. That covers monthly and annual reporting, consolidation across entities or plants, internal controls, the statutory and tax audits, GST, TDS and income tax compliance, and leading the finance team.
If one company needs its finance function run, hire a finance manager. If the numbers must be right across several entities, plants or lenders, with controls and consolidation, hire a controller. Growing groups often hire a controller before a CFO.
It depends on the city. AmbitionBox’s typical ranges, read on 22 October 2026, run from ₹17.6 to 21.9 lakh a year in Noida to ₹30.5 to 33.7 lakh in Gurugram; Ahmedabad is ₹27.7 to 32.2 lakh and Mumbai ₹25.6 to 28.3 lakh. The full table is above.
Our fee is one month’s CTC of the person you hire, plus applicable taxes. ₹5,000 per job opening is paid upfront as a service charge and is adjusted against that fee. If we do not close the opening within 30 days of receiving the service charge, half of it is returned. The balance is payable within 10 days of the candidate joining. There is no annual fee, retainer or monthly charge.
One month’s CTC: ₹2,25,000 plus applicable taxes. The ₹5,000 service charge is adjusted against it, so ₹2,20,000 plus taxes is due within 10 days of joining. At 12% to 16.67% of CTC the same hire would cost about ₹3.24 to ₹4.50 lakh.
You get 3 to 5 profiles within 7 working days of the day we receive the service charge. Each profile is screened, interviewed and reviewed by CA Ketul Patel before it reaches you. How long the hire takes after that depends on your interview rounds and the candidate’s notice period.
Our founder, CA Ketul Patel, a Chartered Accountant, reviews every shortlisted profile himself before you see it. For senior finance roles he checks the candidate’s experience against the work the role needs, such as closing books, GST and tax compliance, audits, MIS, budgeting and bank or lender work.
Yes. We run the search by phone and video, and we look for the RBI and Ind AS knowledge NBFC employers expect from a controller. You interview the shortlist in person or on video.
We find one replacement for the same role at no additional fee if the candidate resigns or is let go within 90 days of joining. It applies when the fee has been paid on time and you tell us within 7 days of the exit, and not when the exit is due to redundancy, restructuring or a change in the role, location or salary. Full details are in our Terms of Business.
