Group Commercial Finance Manager - Retail

Key Result Areas Supporting Actions

- Statutory compliance and indirect taxation compliance for zone to ensure adherence to legal standards - Ensure compliance with all Group policies / Accounting standards and all relevant statutes

- Coordinate effectively with Central Team and ensure compliance for all waybills and permits

- Monitor and ensure compliance with the SOP's and defined systems & processes at Zonal level and drive measures to prevent Revenue leakage

- Retail License Management of North Zone

- Handling of sales tax and related issues for 9 states

Closing books of accounts, managing the payables and receivables to ensure timely payments - Review the accounts payables and receivables, reconcile them and ensure settlement of payments as per agreed timelines and terms

- Monitor the petty cash at sores periodically

- Ensure booking of bills and filing of tax returns is done on time for the zone

- Close monthly accounts & ensure provisioning accuracy at store level

- Ensure store audit is done periodically

- Support to HO for closure of internal and external audit

Support in store operations, MIS and Zonal review - Provide monthly MIS, PL reviews for each store and share it with store managers and HO as per requirements

- Establish periodic MIS for Zonal Review process and actively support Zonal Team in Performance Management.

- Participate in formulation and evaluation of schemes and cost reduction programs, performance analysis and provide required support to business in initiatives to improve other income

- Input in IRR sheets required for store signal

- Implementation of operational SOPs for related areas.

- Store budgeting and cost optimizations - Ensuring new store registration in coordination with legal team

- Facilitate preparation of ABP and rolling plan at store level. Ensure collection of data for ABP plan for each store

- Ensure store OPEX is within budget and targets are met as per expectations

- Coordination with vendors and LL - Coordinate with consultants and landlords for quick resolution of store issues

- Obtain periodical balance confirmation on deposits with the LL

- Manage various vendors and ensure no dues certificate every quarter

- People Management and development to keep team abreast with the latest developments - Identify training needs, development planning and grooming talent within respective departments

- Set clear performance expectations and provide constructive feedback to the team on a regular basis

- Maintain an employee connect with the team, seeking feedback from the team regularly