Unit Finance Controller - Retail

Special Skills/Attributes :

- In-depth Knowledge of Accounting Standards & Systems

- Understanding of Statutory/Regulatory Compliance Management

- Understanding of Financial Risk Management framework

- Principals of Tax Management

Overall Purpose/Objective :

- Drive the financial planning and support the formulation of the short term and medium term business plan for the Center. 

- Ensure operational efficiency and fiscal discipline by developing and implementing appropriate processes and systems in accordance with statutory requirements, corporate policies and procedures

Key Responsibilities :

- Monitor compliance with set accounting and reporting standards as well as internal control systems defined by the Corporate to ensure timeliness and accuracy of accounting for the Center

- Ensure adherence to statutory compliances and ensuring proper documentation of all books of accounts, reports, lease and revenue contracts

- Ensuring the collation, compilation and preparation of Center annual budget requirement (both Capital and Operational expenditure) of various departments at the Center for the coming year and review the same

- Monitor the budget spending of each department at the Center on a regular basis by analyzing the planned Vs. actual spend and escalating any significant variance to the Center Director

- Ensure periodic auditing of Centers accounts, to ensure accuracy and compliance with internal and external accounting standards and ensuring compliance with all findings/ recommendations

- Ensure adherence to the Corporate insurance guidelines and provide coordination to ensure that the Center is adequately and cost-effectively insured against risks

- Ensure compliance with tax authority regulations and laws (pertaining to service tax) to ensure that the Centers finances are accurately and timely reported

- Responsible for collection of receivables from the retailers in case of significant delays/ disputes/ non-reconciliation of balances, etc.

- Manage Retailer Relationships by ensuring retailer set-up is done as per defined processes and review all necessary information for the retailer (commercial terms and agreement, etc.)

- Develop and leverage relationships with Banks, Financial Institutions, as well as liaise with legislative/ statutory bodies (service tax, excise, customs duty etc.) for all compliance requirements and to create and maintain cordial relations

- Ensure verification of the bills raised by various service providers/ agencies to ensure all supporting & statutory documents are in place before approving the same for payment

- Good communication & presentation skills, Person must have good experience into receivables domain with a turnover of 500 + crores per annum.

- Good knowledge in bookkeeping, In-depth Knowledge of Accounting Standards & Systems