[A] Develop and Own the Financial Plan & Strategy for the business:
- Manage the preparation and publication of the company's financial documents
- Use financial modeling to simulate financial scenarios assisting with strategic planning to produce short and long-term business plans
- Ensure accuracy and adherence to accounting standards and acceptable financial principles
- Perform a variety of advanced financial analyses to determine present and forecasted financial health of the company including risk assessments.
- Developing and managing financial systems/models.
- Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
- Advise on investment activities and provide strategies that the company should take
- Maintain the financial health of the organization.
- Lead pricing and margins for all services.
- Work closely with the Operations, Training & Marketing functions to ensure cost effective sourcing of equipment, consumables, marketing material etc.
[B] Monitor, Report and Manage Financial Health:
- Build and provide financial & MIS reports and interpret financial information to recommend courses of action.
- Advise on investment activities and provide strategies that the company should take
- Maintain the financial health of the organization.
- Own the salon unit profitability including but not limited to the - recipe for the services to ensure profitability even at a service level across the network.
- Undertaking research into pricing, competitors and factors affecting performance
- Control income, cash flow and expenditure and ensure fund adequacy
- Manage budgets
- Build, maintain and - own- reporting/billing system to ensure adequate data capture and leakage prevention of cash at the salon level.
- Analyze costs, pricing, variable contributions, sales results and the company's actual performance compared to the business plans.
- Develop trends and projections for the firm's finances.
- Conduct reviews and evaluations for cost-reduction opportunities.
[C] Manage all internal & external finance related inquiries and reporting:
- Liase with auditors to ensure appropriate monitoring of company finances is maintained.
- Ensure timely reporting to all internal and external stakeholders as required.
- Ensure compliance with all government tax and statutory authorities including but not limited to GST, PF etc.
- Work closely with company secretary to ensure compliance with all company related matters such as Board Meetings, Corporate Governance, etc.
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