Finance Controller - Retail

Purpose of the job

- The Finance Manager will oversee financial planning, analysis, and reporting for retail operations. This role needs a strong understanding of retail metrics, inventory dynamics, and cost control strategies to support business growth and profitability.

- The ideal candidate will be both detail-oriented and commercially savvy, capable of translating financial data into actionable insights.

Key Accountabilities/Duties & Responsibilities:

Financial Planning and Analysis

- Anticipates and directs financial analysis for the organization for retail & FMCG brands

- Conducts benchmarking analysis , Oversee the preparation and presentation of accurate and timely financial reports to senior management and stakeholders.

- Develops short- and long-term budgets and coordinates financial planning, Lead the annual budgeting process, monitor budget performance, and provide insights to optimize financial resources with respective Stakeholders and Unit Heads.

- Reviews budget and account statements and elevates material variance from goals

- Develop financial forecasts and models to support business decision-making and strategic planning. Develop and implement financial strategies, policies, and procedures to support the overall goals and objectives of the organization.

Financial Reporting:

- Directs team efforts and workplan to collect data and produce reports for different audiences

- Prepares reports to communicate financial information in a meaningful way to different audiences

- Present financial reports to board members, stakeholders, executives, and clients in formal meetings

Accounting and Compliance Audits:

- Sets organization's accounting processes and controls

- Coordinate with auditors for complete the annual audit, external auditors for Store audits.

- Adhering to Physical compliance due dates and government notices.

- Ensure compliance with accounting standards, tax regulations, and internal control procedures.

Retail-Specific Insights:

- Optimize inventory management, pricing strategies, and store-level profitability

- Analyse sales trends, customer behaviour, and channel performance

- Cost Control: Implement cost control measures and identify opportunities for cost savings for handling Retail & FMCG P&L.

- Research and analyze financial reports and market trends - Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making.

Essential Qualification and Experience:

Mandatory Skills/Competencies:

- MBA Finance or equivalent

- 8+ plus years of finance experience, with 7+ years in leadership role

Desirable :

- CA / CPA / CFA /MBA

- Prior experience in retail, FMCG, or consumer-facing industries preferred