Chief Financial Officer - Retail

- Dynamic and experienced Chartered Accountant to join our retail business based out of Chennai who has experience in handling Franchise model.

- The ideal candidate will bring strong financial acumen, regulatory knowledge, and hands-on experience from a retail business environment and franchise model

- This role is critical in driving compliance, improving financial processes, and ensuring accurate reporting aligned with statutory requirements.

Job Description:

- Provide management with financial insights for decision-making.

- Ensure utilization of funds for the purpose and towards the requirement.

- Assist to F&A team to Implement and improve internal controls and financial processes.

- Work closely with other departments to align financial goals with business objectives. Engage with the Business and Operations teams to align financial management with short- and long-term financial planning and projections

- Strengthen internal controls to prevent fraud and mismanagement.

- Ensure adherence to corporate governance and financial & internal policies.

- Analyse financial performance of retails outlets and provide strategic recommendations.

- Conduct physical verification of store and Assets stock and inventory at WH & Stores. To monitor cash transactions regularly and physically verify the cash on surprise basis.

- Reconcile stock records with ERP/ Excel systems and identify discrepancies.

- Ensure proper documentation of material receipts, issues, and stock movements.

- Verify vendor payments, contract compliance, and procurement processes at HO

- Check for unauthorized expenses, duplicate payments, or financial leakages.

- Ageing Analysis & core review of micro business processes

- Prepare reports and highlight critical issues to Management at Ahmedabad. Manage and handle the ongoing communication and build rapport as a single point contact.

- To record the minutes of monthly review meeting and circulate the same to concerned HODs for follow-up. To ensure that all points discussed in the previous month meeting have been addressed before the next meeting.