The Finance Manager will oversee financial planning, analysis, and reporting for retail operations. This role needs strong understanding of retail metrics, inventory dynamics, and cost control strategies to support business growth and profitability. The ideal candidate will be both detail-oriented and commercially savvy, capable of translating financial data into actionable insights.
Key Accountabilities/Duties & Responsibilities
Financial Planning and Analysis
Anticipates and directs financial analysis for the organization for retail & FMCG brands
Conducts benchmarking analysis , Oversee the preparation and presentation of accurate and timely financial reports to senior management and stakeholders.
Develops short- and long-term budgets and coordinates financial planning, Lead the annual budgeting process, monitor budget performance, and provide insights to optimize financial resources with respective Stakeholders and Unit Heads.
Reviews budget and account statements and elevates material variance from goals
Develop financial forecasts and models to support business decision-making and strategic planning. Develop and implement financial strategies, policies, and procedures to support the overall goals and objectives of the organization.
Financial Reporting
Directs team efforts and workplan to collect data and produce reports for different audiences
Prepares reports to communicate financial information in a meaningful way to different audiences
Present financial reports to board members, stakeholders, executives, and clients in formal meetings
Accounting and Compliance Audits
Sets organization's accounting processes and controls
Coordinate with auditors for complete the annual audit, external auditors for Store audits.
Adhering to Physical compliance due dates and government notices.
Ensure compliance with accounting standards, tax regulations, and internal control procedures.
Retail-Specific Insights:
Optimize inventory management, pricing strategies, and store-level profitability
Analyse sales trends, customer behaviour, and channel performance
Cost Control: Implement cost control measures and identify opportunities for cost savings for handling Retail & FMCG P&L.
Research and analyze financial reports and market trends o Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making
Essential Qualification and Experience
Mandatory Skills/ Competencies
MBA Finance or equivalent
13+ plus years of finance experience, with 7+ years in leadership role
Desirable -
o CA / CPA / CFA /MBA
o Prior experience in retail, FMCG, or consumer-facing industries preferred
o Strong command of financial systems and tools
Expert domain knowledge (finance)
o Financial analysis
o Accounting and Compliance
o Retail finance operations
Analytical Competences
o Data Interpretation
o Manage Cost Optimization
Communication Competences
o Stakeholder and vendor management
o Clear oral and written communication
Administration and Management Competences
o Process monitoring and improvement
o Organizing and planning
o Result orientation
People Management Competencies
o Managing a High Performing Team
o Teamwork and Collaboration
Work location :M G Road
Job Type: Full-time
Benefits:
Cell phone reimbursement
Health insurance
Paid sick time
Provident Fund
Work Location: In person
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