Chief Finance Officer - Retail

Management:

- Overall responsibility for Finance, Accounting and Commercial functions.

- Setting up the accounting structure and formulating accounting policies.

- Maintain and ensure an efficient and orderly accounting infrastructure to include a chart of accounts, filing system and a system of controls over accounting transactions

- Oversee the operations of the Accounting Department

Budgeting, MIS & Accounting:

- Be accountable for company's finances; Develop periodic financials forecasts, strategic planning, & budgeting.

- Drafting Annual Business Plan, Budget and Periodic Forecasts.

- Establish and Control budget heads; drive financial discipline in the company; Set Up Financial control processes, including Six monthly/Quarterly Operating Plan, and ensure adherence to budgets.

- Provide a systematized reporting of financial data for comparative analysis to plans

- Analyse financial data by collecting, monitoring and creating financial models

- Variance analysis of actuals vs forecast.

- Make financial presentations to business stakeholders.

Audits & Compliance:

- Coordinating with internal & statutory auditors for conducting audits; evaluating internal control systems to highlight shortcomings and implementing necessary recommendations, process and Systems.

- Accountable for all Statutory Compliances for the Company, including Companies Act, Income Tax, Labour Laws, Shops & Establishment, Professional Tax, etc.,

- Liaise with Tax Authorities and Government Bodies, External Consultants, for taxation issues pertaining to Service Tax, VAT, Income Tax and other taxation requirements.

- Responsible for departmental proceedings by Service Tax Department & Income Tax Departments.

- Ensuring timely assessment & filing of tax returns.

Commercial

- Managing Commercial functions for trading, terms of trade with retailers, etc. for company's business units and/or subsidiaries, and logistics terms of trade with 3p logistics providers, and other service providers.

- Design and drive payment processes for marketplace sellers, partners, and customers in the most tax efficient way.

- Analysing Gross margin to the agreed terms with the retailers / marketplaces.

- Ensure timely receipt of payments, reconciliation and confirmation thereof.