Posted By
Posted in
Banking & Finance
Job Code
1646564
Job Description
Key Responsibilities
WFH and WFO
- Financial Strategy & Planning - Develop and execute financial strategies aligned with business growth plans; Prepare annual budgets, forecasts, and multi-year business plans; Drive financial modeling for store expansions, new formats, and category growth.
- Financial Control & Reporting Oversee preparation and accuracy of financial statements in compliance with Indian Accounting Standards; Implement robust MIS for real-time performance tracking at store, category, and region levels; Ensure timely monthly, quarterly, and annual reporting.
- Working Capital & Cash Flow Management - Optimize inventory cycles, receivables, and payables to maximize liquidity; Negotiate credit terms with vendors and manage banking relationships.
- Risk Management & Compliance - Ensure statutory compliance with GST, Income Tax, Companies Act, FEMA, and other applicable laws; Establish internal controls to prevent leakages, pilferage, and fraud; Implement risk management frameworks for credit, operational, and regulatory risks.
- Cost Optimization & Profitability - Identify cost-saving opportunities in procurement, logistics, and operations; Drive margin improvement through category mix and vendor negotiations.
- Team Leadership - Lead the finance, accounts, and compliance teams across all outlets; Build capability and succession plans for finance leadership roles.
- Investor & Stakeholder Relations - Prepare investment decks and reports for lenders, investors, and stakeholders; Liaise with external auditors, bankers, and consultants.
- Vendor & Scheme Management - Oversee tracking and realization of all brand-offered schemes, and support; Ensure timely claims submission, follow-up, and accounting.
- Strategic Funding & Expansion Support - Structure financing for new store rollouts and warehouse expansion; Conduct feasibility studies for new locations and formats
- Manage accounts receivable and accounts payable, including invoicing, collections, vendor payments, and reconciliations.
- Prepare monthly, quarterly, and annual financial statements and MIS reports; present insights to management.
- Lead month-end and year-end closing processes and ensure accuracy of ledgers and reports.
- Perform cash flow management and working capital planning to ensure smooth operations.
- Assist in budget preparation, forecasting, variance analysis, and cost-control initiatives across production.
- Analyze production costs, cost-per-unit, and identify opportunities for margin improvement.
- Ensure compliance with GST, TDS, payroll, and other statutory requirements; coordinate timely filings.
- Coordinate with internal and external auditors; support statutory and tax audits.
- Implement internal financial controls, policies, and process improvements to strengthen finance operations.
- Support pricing, procurement decisions, and supplier contract reviews from a financial perspective.
- Train and supervise junior accounting staff and maintain documentation for finance processes.
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Posted By
Posted in
Banking & Finance
Job Code
1646564