1. Financial Planning & Analysis
• Preparation & finalization of annual budgets, rolling forecast & estimates, 3 years business plan
• Sales & markdown phasing – Monthwise, Day wise, Eventwise
• Financial feasibility preparation & alignment with management team – New Stores , Renewals , Closure
2. PNL reviews, reporting & variance analysis
• Oversee the preparation of accurate and timely financial reports which includes PNL & balance sheet – Monthly
• Review & timely reporting of MTD & YTD storewise PNL , B&M and Ecom PNL
• Provide actionable insight and recommendation based on financial performance analysis
• Variance analysis preparation & discussion with leadership team
• Ensure compliance with internal policies, accounting standards & other regulatory requirements
3. Overheads Control & inventory management
• Monitor & control operating expenses across retail, office & warehouse locations
• Involve in vendor negotiation for capex & non-trade procurement
• Stock shrinkage & damages control, adherence to SOP
• Timely & effective liquidation of aging inventory
• Monitoring & controlling markdown spend
4. Team management
• Supporting FOL & cross functional team in managing finance & business operations effectively
• Guide & manage Store Audit team, ensure compliance on BOE parameters
• Support concept & corporate finance team in driving business objectives, various projects & functional efficiency
5. Business performance Analysis
• Analyze key performance indicators to evaluate business health & performance
• Support decision making with scenario planning & financial modelling
• Identify opportunities for cost savings, revenue growth and operational efficiency
• Leverage technology to streamline operation & cost reduction
6. Compliance & Risk management
• Ensure compliance with VAT, corporate tax & other financial regulations
• Identify, assess and mitigate financial risks
• Review & finalization of contract and agreements in discussion with business & legal team
• Provide adequate and timely support for internal & external audit
• Internal controls, Adherence to company DOA’s, policies and SOP