Finance Growth Manager - Cost - F&B Retail - CA

Finance Growth Manager - F&B Retail Organization - Bangalore

WE ARE HIRING FOR A Finance Growth Manager - Cost for a renowned F&B Retail Organisation.

Job location - Bangalore Airport.

Specific Duties and Responsibilities:

a) Work closely with Regional business partner and business head to ensure tight monitoring and approval of costs vis-a-vis budgets

b) Monitor the supplier contracts and rates and ensure all rate increases are signed off by purchase and business and proper justifications are available for all rate changes

c) Dwell into product costing and explore options of improving product margins with business.

d) Review transfer of materials from store to outlets / central kitchen are recorded in correct quantities and assigned to correct profit centers

e) Closing tracking labour deployment working out proper justification and approval for any change in head count

f) Detailed analysis for sales mix and corresponding cost of sales mix to support business decision making.

g) Ensure concession terms are strictly complied with and payments due under concession are made within timelines.

h) Actively work with Finance COE to ensure expenses are accounted for in correct account codes and adequate accruals are made for all unbilled supplies.

i) Implement effective framework for monitoring of all controllable spends like utilities, housekeeping. printing, marketing etc. ensuring all spends are properly authorized.

j) Ensure tight monitoring of capex spends vs budgets, physical verification of assets, with proper recording of asset transfers.

Experience / Qualifications - MUST BE A QUALIFIED CA: 

- Experience of costing / analytical tools will be an added advantage

- Financial Modelling with techno commercial understanding on expansion