Posted by
Posted in
Banking & Finance
Job Code
1649678

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The Finance Head will be a key member of the executive leadership team, responsible for driving the financial strategy, planning, and operations of the company. The role requires a seasoned finance professional with strong expertise in retail business models-both brick-and-mortar and e-commerce-and the ability to balance profitability, cash flow, and sustainable growth.
Job Responsibility:
1.Strategic Financial Management:
- Develop and implement financial strategies aligned with business goals and growth plans.
- Lead long-term financial planning, risk management, and scenario analysis for retail and e-commerce divisions.
- Provide financial insights and recommendations to support strategic decision-making.
2.Financial Operations & Controls:
- Oversee all accounting, budgeting, and reporting functions across retail and online business units.
- Ensure accuracy, transparency, and compliance in financial statements and audits.
- Strengthen internal controls, financial discipline, and cost optimization initiatives.
- Manage working capital efficiently, ensuring optimal inventory, credit, and cash flow management.
3.Business Performance & Profitability:
- Monitor key retail metrics such as sales per square foot, gross margins, inventory turnover, and ROI on marketing spends.
- Drive profitability improvement through cost control, pricing strategy, and margin management.
- Partner with merchandising, operations, and marketing teams to improve overall business efficiency.
4.Funding & Investor Relations:
- Manage banking relationships, funding requirements, and capital structure optimization.
- Lead equity/debt fundraising efforts and manage relationships with investors and financial institutions.
- Present periodic business and financial performance reports to the Board of Directors and stakeholders.
5.Compliance & Governance:
- Ensure compliance with all statutory, tax, and regulatory requirements (GST, TDS, PF, ESIC, etc.).
- Oversee financial due diligence and audits.
- Drive corporate governance, risk assessment, and ethical financial practices.
Leadership & Team Development
- Lead, mentor, and build a high-performing finance and accounts team.
- Foster collaboration across departments to ensure financial alignment with organizational goals.
6.Performance Indicators (KPIs):
- EBITDA and Profit Margin Growth.
- Cash Flow and Working Capital Management.
- Accuracy and Timeliness of Financial Reporting.
- Cost Optimization and Operational Efficiency.
- Compliance Adherence and Audit Scores.
- Fundraising Effectiveness and Investor Satisfaction.
Key Skills:
- Strategic thinker with hands-on expertise in financial planning, analysis, and reporting.
- Excellent stakeholder management and communication skills.
- Proficiency in ERP systems, advanced Excel, and financial modelling.
- Analytical mind-set with strong business acumen and attention to detail.
Target Industry: Retail/FMCG/Consumer driven Industry
Mandatory:
- 10+ years of experience in finance, with at least 5 years in a leadership/CFO role.
- Prior experience in retail, FMCG, or consumer-driven sectors is mandatory.
- Experience in scaling businesses and managing multi-location operations preferred.
- Strong understanding of retail financial metrics, P&L management, and multi-channel operations (offline + e-commerce).
Gender: Male
Experience: 10+ years
Job Location: Matunga , Mumbai
Working Days: 6 days
Timings: 10.30 AM to 7.30 PM
Qualification: Chartered Accountant (CA) / MBA in Finance.
Notice Period: Immediate to 30 days
Relocation candidates: No
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Posted by
Posted in
Banking & Finance
Job Code
1649678