The AVP Finance will be a strategic partner to the leadership team, responsible for financial strategy, compliance, governance, and operational efficiency. The role requires strong retail sector understanding, multi-location financial controls, working capital management, and ability to support growth initiatives including store expansions and technology integration.
Key Responsibilities:
Financial Strategy & Planning
- Develop and execute financial strategies aligned with business growth plans; Prepare annual budgets, forecasts, and multi-year business plans; Drive financial modeling for store expansions, new formats, and category growth.
Financial Control & Reporting
Oversee preparation and accuracy of financial statements in compliance with Indian Accounting Standards; Implement robust MIS for real-time performance tracking at store, category, and region levels; Ensure timely monthly, quarterly, and annual reporting.
Working Capital & Cash Flow Management -
Optimize inventory cycles, receivables, and payables to maximize liquidity; Negotiate credit terms with vendors and manage banking relationships.
Risk Management & Compliance -
Ensure statutory compliance with GST, Income Tax, Companies Act, FEMA, and other applicable laws; Establish internal controls to prevent leakages, pilferage, and fraud; Implement risk management frameworks for credit, operational, and regulatory risks.
Cost Optimization & Profitability -
Identify cost-saving opportunities in procurement, logistics, and operations; Drive margin improvement through category mix and vendor negotiations.
Team Leadership -
Lead the finance, accounts, and compliance teams across all outlets; Build capability and succession plans for finance leadership roles.
Investor & Stakeholder Relations -
Prepare investment decks and reports for lenders, investors, and stakeholders; Liaise with external auditors, bankers, and consultants.
Vendor & Scheme Management -
Oversee tracking and realization of all brand-offered schemes, and support; Ensure timely claims submission, follow-up, and accounting.
Strategic Funding & Expansion Support -
Structure financing for new store rollouts and warehouse expansion; Conduct feasibility studies for new locations and formats
Education
CA
is mandatory
Job Types: Full-time, Permanent
Pay: From ?100,000.00 per month
Experience:
Financial analysis: 10 years (Preferred)
Work Location: In person
Beware of fraud agents! do not pay money to get a job
MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.