28 Oct
|
Career Path HR Solution
|
Bhubaneswar
28 Oct
Career Path HR Solution
Bhubaneswar
Job Description - Finance Head
Industry: Food & Beverage (F&B;) / Retail / QSR / Hospitality / FMCG
Location: Bhubaneswar, Odisha
Department: Finance & Accounts
Reporting To: Founders
Experience: 10-15 Years
Leadership Experience: Minimum 3-5 Years
Qualification: CA / CMA / MBA Finance preferred; Bachelor's degree in Commerce, Finance, Accounting, or a related field
Compensation: 10-12 LPA Fixed + 10% Performance-Linked Variable
Job Summary
We are looking for an experienced and hands-on Finance Head to lead the overall finance function, ensuring strong financial controls, profitability, cash flow management, regulatory compliance, and strategic financial planning. The candidate should have experience in multi-unit retail, QSR, hospitality, FMCG, or other consumer-facing businesses and be capable of supporting business expansion while maintaining financial discipline.
Key Responsibilities
Financial Planning & Strategy
- Develop annual budgets, business plans, and financial forecasts.
- Drive financial strategy aligned with business growth objectives.
- Conduct outlet-wise profitability and contribution margin analysis.
- Evaluate expansion projects, capital expenditure (CAPEX), and new business opportunities.
- Support fundraising, investor discussions, and financial due diligence.
Financial Control & Accounting
- Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements.
- Establish and maintain solid internal controls and financial governance.
- Monitor revenue, expenses, margins,
and overall financial performance.
- Lead statutory audits, internal audits, and financial reporting processes.
Cash Flow & Working Capital Management
- Manage cash flow forecasting and liquidity planning.
- Optimize working capital, inventory levels, and vendor payment cycles.
- Monitor outlet-level cash controls and banking operations.
- Ensure efficient fund utilization across all business units.
Business Finance & Commercial Support
- Analyze outlet-wise sales, profitability, and operating performance.
- Identify cost-saving opportunities and efficiency improvements.
- Collaborate with operations, procurement, HR, and business teams to improve profitability.
- Develop and monitor key financial performance indicators (KPIs).
Compliance & Taxation
- Ensure compliance with GST, TDS, Income Tax, Companies Act, and other applicable regulations.
- Manage tax planning and optimize tax efficiency.
- Liaise with auditors, bankers, legal advisors, and regulatory authorities.
Team Leadership & Process Improvement
- Build and lead a high-performing finance and accounts team.
- Develop finance processes and systems to support business expansion.
- Drive ERP implementation and financial automation initiatives.
- Mentor team members and strengthen financial capabilities.
Required Skills & Qualifications
- 10-15 years of progressive finance experience.
- Minimum 3-5 years in a finance leadership role.
- CA / CMA / MBA Finance preferred.
- Strong expertise in financial planning and analysis, budgeting, and forecasting.
- Experience in cash flow and working capital management.
- Strong knowledge of taxation, statutory compliance, and financial reporting.
- Experience in financial modelling, investment analysis, and business finance.
- Proficiency in ERP systems such as Zoho, SAP, or Oracle.
- Advanced MS Excel skills and strong MIS reporting capabilities.
- Excellent leadership, analytical, and stakeholder management skills.
Preferred Industry Background
Candidates with experience in QSR, coffee chains, multi-unit retail, hospitality, FMCG, or other multi-location consumer-facing businesses will be preferred.
Experience in business expansion, fundraising, financial due diligence, and ERP-driven organizations is highly desirable.
Key Performance Indicators (KPIs)
- EBITDA and profitability improvement
- Outlet-wise contribution margins
- Budget adherence and forecast accuracy
- Cash flow management and working capital efficiency
- Compliance and audit performance
- Inventory variance and cost control
- Timely MIS and management reporting
Compensation Structure: 10-12 LPA fixed + 10% performance-linked variable.
📌 Finance Head (Bhubaneswar)
🏢 Career Path HR Solution
📍 Bhubaneswar