We are seeking an experienced and strategic Finance Manager to oversee and manage the financial health and operational planning of our retail business. The ideal candidate will be a CA-certified finance professional with a proven track record of at least 10 years in the retail industry demonstrating leadership in budgeting financial planning compliance inventory control and cost optimization.
Key Responsibilities:
- Financial Strategy & Planning:
- Develop and implement long-term financial strategies aligned with business objectives.
- Lead annual budgeting forecasting and financial planning processes.
- Retail-Specific Financial Management:
- Monitor and analyze store-level financial performance.
- Manage inventory valuation shrinkage control and gross margin analysis.
- Evaluate pricing discount strategies and promotional impact on profitability.
- Accounting & Compliance:
- Ensure accurate and timely financial reporting in accordance with accounting standards and regulatory requirements.
- Oversee monthly quarterly and year-end closing processes.
- Ensure tax compliance including VAT corporate tax and other statutory obligations.
- Cash Flow & Working Capital:
- Manage daily cash flow working capital and liquidity to ensure operational efficiency.
- Optimize receivables payables and stock levels across retail outlets.
- Risk Management & Internal Controls:
- Identify financial risks and implement internal control measures.
- Coordinate with internal and external auditors to ensure compliance.
- Team Leadership & Stakeholder Management:
- Lead and mentor the finance team to improve productivity and efficiency.
- Present financial insights and reports to senior leadership and stakeholders.
Requirements:
- Chartered Accountant (CA) certification is mandatory.
- Minimum 10 years of progressive experience in finance with at least 5 years in the retail industry.
- Strong knowledge of retail operations inventory cycles and POS integrations.
- Proficient in ERP systems (SAP Oracle or equivalent) and advanced Excel.
- Strong analytical leadership and interpersonal skills.
- Excellent communication and presentation abilities.