Job Description

1. Financial Planning & Budgeting

Prepare annual budgets, quarterly forecasts, and long-term financial plans for all pharmacy outlets and central operations. Monitor budget vs. actual performance and report variances with corrective actions. Support management with financial insights for expansion, branch profitability, and new store feasibility studies.

2. Accounting & Financial Reporting

Oversee day-to-day accounting functions including payables, receivables, reconciliations, and general ledger. Ensure accuracy of monthly, quarterly, and yearly financial statements. Manage closing activities and ensure timely submission of MIS reports.

3. Cash Flow & Working Capital Management

Monitor daily cash flow and maintain optimal liquidity for operations. Manage vendor payments, credit terms, and collection follow-ups. Optimize inventory financing, credit limits, and banking relationships.

4. Regulatory & Compliance

Ensure compliance with local regulations, tax laws, VAT, and audit requirements. Coordinate with external auditors and prepare necessary schedules/documentation. Maintain strong internal controls to prevent leakage, fraud, or non-compliance.

5. Inventory & Cost Control

Work with supply chain, warehouse, and store teams to reduce stock variance, damage, wastage, and expired items. Set standard procedures for stock audits, GRN verification, and stock valuation. Analyze product margins, vendor discounts, price variations, and cost of goods sold (COGS).

6. Retail Pharmacy Operations Support

Analyze outlet-wise profitability, sales performance, GP%, expense ratios, and operational efficiency. Review credit sales, insurance claims, and outstanding receivables. Support decisions on promotions, pricing strategy, and product mix.

7. System & Process Improvements

Implement financial SOPs and automation across accounting, inventory, and retail POS systems. Improve workflow between accounts, warehouse, and operations teams. Ensure data accuracy in ERP/POS systems (e.g., TruePOS, Zoho Books, Tally, etc.).

8. Team Leadership

Supervise and develop the finance/accounts team. Allocate tasks, review work, and ensure team productivity and accuracy. Provide training on financial policies, reporting standards, and system usage
Job Types: Full-time, Permanent

Pay: ₹20,000.00 - ₹30,000.00 per month

Experience:

finace and accounts: 3 years (Required)
Location:

Malappuram, Kerala (Required)
Work Location: In person