
- To oversee, manage, and control the entire financial operations, ensuring accurate accounting, financial reporting, cost control, and strategic financial planning for a chain-based business (cafeterias/showrooms/Stores/other outlets).
- The role should ensure profitability, compliance, and efficiency across all outlets and the central team.
- We are looking for an experienced and dynamic Finance Manager to fulfil the above Role objective.
- This role involves end-to-end management of Finance, Accounting and Compliances.
Role - Finance Manager - Retail
Experience : 7 to 9 years of experience in multi outlet retail showrooms/stores/chain of cafeteria /showrooms/ hotel chain businesses.
Location - Hyderabad
Key Responsibilities:
Financial Planning & Strategy:
- Develop and implement financial strategies aligned with business goals.
- Prepare Quarterly/annual budgets, forecasts, and financial projections for each outlet and consolidated operations.
- Advise management on financial implications of business activities and expansion plans.
Accounting & Financial Management:
- Ensure daily sales revenue collection and updation and capture them for reporting to the management and to monitor the P&L performance store wise for all brands.
- Oversee accounting, bookkeeping, and daily financial transactions across outlets.
- Ensure proper reconciliation of outlet sales, petty cash, and bank accounts.
- Review and finalize monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow).
- Ensure timely closure of books and audit readiness.
Cost Control & Profitability Management:
- Monitor parts cost, inventory, wastage, and overheads in cafeterias / showroom/ stores operations.
- Develop cost control measures to improve outlet-level profitability.
- Analyze gross margins, outlet performance, and recommend corrective actions.
- Implement standard costing, variance analysis, and cost-per-outlet benchmarking.
- Frequent discussions with the Business Heads on Outlets profitability performance etc.
Cash Flow & Treasury Management:
- Manage working capital efficiently - oversee receivables, payables, and vendor payments.
- Monitor cash flows and optimize liquidity across outlets.
- Maintain strong relationships with banks, auditors, and financial institutions, investors and stake holders etc.
Compliance & Audit:
- Ensure statutory compliance (GST, TDS, Income Tax, PF, ESI, ROC filings, etc.
- Liaise with statutory and internal auditors for smooth audits.
- Maintain proper internal control systems and compliance with company policies.
MIS & Reporting:
- Prepare outlet-wise and consolidated MIS reports, highlighting key KPIs (sales, cost ratios, profit margins, etc. ) for submission to management.
- Track performance metrics such as per-outlet revenue, ROI, payback period, and financial efficiency.
- Present monthly financial review reports to top management.
Qualifications & Skills:
- He/She should be a CA / ICWA / MBA (Finance)
- Excellent leadership, negotiation, and communication skills.
- Strong knowledge of accounting standards, GST, and financial compliance
- Hands-on experience with ERP/accounting systems (Tally ERP, Zoho Books, SAP, etc. )
- Analytical mindset with attention to detail
- Ability to lead a team and coordinate with operations business heads/outlet managers
- Excellent communication and presentation skills
- High level of accountability and ownership.
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