Store Selection and Spend (Capex)

Responsible for evaluation of the capex / IRR and approval of the store
Defining the norms of making of payment as advance with LOI,

Security deposit and ensuring adherence to the same

Tracking of stores planned for opening vs actual, tracking of

delays, dead rent etc for recent stores and renovations.

Approving of capex and keeping record of the commitments,

spends, approvals, against budget and norms, checking against

over spend and tracking of progress.

Coordinating with RBD, legal, Project and Brand for getting the

store opened in time for related financial issues.

Stores (Opening/Running/Closure)

Responsible for store opening activities from finance perspective,

checking of legal compliance, payments to landlord, bank for

cash/cheque/credit card etc

Responsible for day end,



collection reconciliation of cash, credit

card & PV against daily sales at stores.

Coordinating with the regional commercial team for their day to

day activities and giving guidance and support in implementation of

various process and policies.

Recommend unviable store closure based on performance criteria

as defined by the business. Settle accounts based on agreement

with landlord with Retail Ops and ensure recovery of security deposit

from LL with RBD, Telephone Co and Electricity Board, as may be

applicable

Be a single point of contact for stores, retail ops and finance,

approve expenses

📌 Front-End Commercial (India)
🏢 Aditya Birla Fashion and Retail
📍 India