Job Description:
Role Overview
Financial controller -Retail
CA
Position Title:Head of Finance / Finance Director (Retail)
Reports To:Chief Financial Officer (CFO) or Managing Director
Department:Finance and Accounts
Industry Focus:Retail, E-commerce, or Consumer Goods
Key Responsibilities
Retail Financial Planning & Analysis (FP&A;)
Lead annual budgeting, long-term strategic plans, and rolling forecasts tailored to seasonal retail cycles.
Track Key Performance Indicators (KPIs) including Gross Margin Return on Investment (GMROI), same-store sales growth, inventory turnover, and shrink rates.
Evaluate store-level profitability, regional performance, and omnichannel (online vs. in-store) revenue streams. [1]
Inventory & Working Capital Management
Partner with merchandising and supply chain teams to optimize inventory levels and reduce holding costs.
Monitor cash flow cycles, supplier payment terms, and working capital requirements.
Assess markdowns, promotional pricing effectiveness, and margin impacts. [1]
Accounting,
Compliance & Risk Management
Oversee daily accounting, general ledgers, accounts payable/receivable, and payroll.
Ensure compliance with local tax regulations, GST/VAT, and financial reporting standards.
Manage internal controls to prevent fraud, asset loss, and inventory shrinkage. [1, 2, 3]
Leadership & Strategic Advisory
Manage and mentor the finance and accounting team.
Provide data-driven insights to senior leadership for real estate decisions (e.g., opening recent retail outlets or closing underperforming stores).
Lead the vendor relationship management for external audits, banking, and legal tax advisors. [1, 2, 3, 4]
Qualifications & Requirements
Education:Bachelor’s degree in Finance, Accounting, or Economics; MBA or qualified certification (CA, CPA, or ACCA) is strongly preferred. [1, 2]
Experience:8 to 12+ years of progressive financial management experience, with at least 3 to 5 years in a multi-un
📌 Financial Controller Bhubaneswar (India)
🏢 RECEX
📍 India