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 new 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 professional 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-unit retail, quick-moving consumer goods (FMCG), or e-commerce environment.
Technical Skills:Advanced proficiency in financial modeling, ERP systems (e.g., SAP, Oracle, NetSuite), and retail POS data integration. [1, 2]
Soft Skills:Robust commercial awareness, cross-functional leadership, and transparent communication skills to present complex data to non-financial executives. [1]

📌 Financial Controller Retail Bhubaneswar
🏢 RECEX
📍 Bhubaneswar