Regional Commercial Lead - CA

Description:

Role & responsibilities:

- This role entails collaborating with the business to maintain seamless operations aligned with diverse processes and policies. Key responsibilities include conducting accurate revenue reconciliations, providing commercial training for store personnel, engaging proactively with channel partners, projecting costs, analysing margins, monitoring expenses to ensure adherence to budgetary limits, conducting periodic GL reviews and ensuring accurate accounting, preventing losses due to GST input tax credit and direct taxes, and analysing receivables and payables to maintain control

Commercial: Business Planning: Overheads Budgeting

- Discuss Annual Operating Plan with Sales / Retail Team

- Analyze cost variance on monthly basis

- Prepare and publish monthly Store Profitability Report in coordination with Retail / Sales Team

- Partner with Retail / Sales Team in Debtors management

Commercial: Payables / Receivables: Franchisee Payable Management

- Ensure all Franchisee Claims are settled as per timelines

- Reconcile FIT with treasury team on a monthly basis and periodic review of unreconciled items

- Ensure all SOPs and laid down policies are followed by team

- Ensure compliance with various statutory laws and regulations

- Do periodic review of GST Input Tax Credit availed by the Region and ensure there are no defaults / loss to Company due to non- compliance by Vendor

- Initiate monthly review of region related General Ledger

- Work with Retail / Sales Team to improve SLA on claim processing

- Configure channel wise and customer wise Terms of Trade (ToT) for business associates by coordinating with Divisional Commercial Team

- Ensure preparation of month end provisions including submission of various MIS to Regional Commercial Head

- Supervise and execute quarterly refreshment trainings to Sales / Retail Team related to current SOPs and latest policies

Preferred candidate profile

- Qualified CA with 6-10 yrs of experience in commercial finance

- Behavioural Skills : Decision making, Analytical mind-set, Stakeholder management, Accountability

- Commercial Knowledge / Advanced Computer Skills

- Retail Industry understanding