Position Summary: To lead the commercial finance team and provide financial controllership, planning, reporting and support to the Wholesale channel of sales for Puma India - Act as the commercial controller for the wholesale channel - providing support on growth, margin development, commercial terms and working capital management - Coordinate business planning and month close with the business teams and the financial controllership. - Lead the finance team to create business metrics, review mechanism to support sub-channels - Set up credit control, reconciliation and collection processes and targets. - Build cordial relationship with customers and solve commercial disputes and differences. - Ensuing on-time delivery of goods to the franchisees, distributors and marketplace players Business Objectives: 1. Responsible for smooth selling goods to the franchisees, distributers and marketplace players 2. Designing the commercial processes for the wholesale channels and taking care of end to end process 3. Negotiating on commercial costs to manage the margins to be passed on to the customers 4. Revisit the margins to find scope for improvement 5. Ensuring that there is on-time invoicing, return of stocks, credit and debit notes, collections for all the wholesale customers 6. Provide leadership, development and guidance to the team and retain high skilled employees 7. Provide assistance to the business heads of other departments in understanding financial aspects of the proposals 8. Provide financial guidance in case of business restructuring Finance Objectives: 9. Monthly revenue recognition as per IFRS 15 and IndAS, review of provisions, de-recognition of sales etc. 10. Planning, budgeting and continuous forecasting of sales, margins and channel EBIT. Monthly analysis of key deliverables and numbers and helping the Channel head drive business reviews. 11. Responsible for the account receivable division for collecting payments from customers and meeting DSO targets 12. Set up benchmarks for new franchise store profitability, monitor and manage franchise profitability 13. Ensure timely audit and adjustment of inventory lying at third party location. 14. Prepare monthly profitability report to be used by other departments Experience: Chartered Accountant / MBA with 9-11 years of experience having worked in a similar profile and led a team of professionals with good exposure to dealing with customers.

Bangalore

Puma - Head - Commercial Finance - CA 

Puma - Head - Commercial Finance - CA  ,Job Description for Puma - Head - Commercial Finance - CA  in Puma Group in  Bangalore for (9-11) years of experience. Apply Now!

Job Description for Puma - Head - Commercial Finance - CA  in Puma Group in  Bangalore for (9-11) years of experience. Apply Now!