1. Job Summary

We are looking for a detail-oriented and responsible Commercial Executive to manage the commercial and financial activities of salon operations. The candidate will be responsible for daily sales reconciliation, cash management, expense tracking, vendor coordination, inventory monitoring, billing accuracy, and financial reporting.

The role requires strong numerical skills, attention to detail, and the ability to coordinate with salon teams, operations, accounts, and vendors to ensure smooth commercial operations across multiple salon locations.

1. Key Responsibilities

A. Sales & Revenue Reconciliation

- Monitor daily sales reports from all salon locations.

- Verify service sales, retail sales, collections, and payment transactions.

- Reconcile cash, UPI, card, and other payment modes.

- Identify sales discrepancies and coordinate with salon managers for corrections.

- Ensure timely submission of daily and monthly sales reports.

- Monitor discounts, refunds, cancellations, and complimentary services.

B. Cash & Banking Management

- Monitor daily cash collections and ensure timely deposits.

- Verify cash deposit slips and bank statements.

- Track cash shortages, excess collections, and pending deposits.

- Ensure proper documentation of all financial transactions.

- Coordinate with salon managers for cash-related discrepancies.

C. Expense & Petty Cash Management

- Monitor salon-wise operational expenses and petty cash utilization.

- Verify bills, invoices, and supporting documents before processing.

- Maintain expense records and ensure expenses are within approved budgets.

- Track reimbursements and pending payments.

- Ensure proper utilization and settlement of petty cash across salons.

D. Vendor & Invoice Management





- Coordinate with vendors for invoices, payments, and outstanding bills.

- Verify vendor invoices against approved purchase orders and supporting documents.

- Follow up on pending vendor payments and discrepancies.

- Maintain vendor records and payment trackers.

- Ensure timely submission of invoices to the Accounts team.

E. Inventory & Stock Management

- Monitor salon-wise inventory of professional products, retail products, and consumables.

- Track stock movement, consumption, and wastage.

- Coordinate with operations and purchase teams for stock replenishment.

- Identify stock shortages, excess inventory, and discrepancies.

- Support periodic stock audits and ensure proper inventory records.

F.

Commercial

Reporting & MIS

- Prepare daily, weekly, and monthly commercial reports.

- Maintain salon-wise revenue, expense, and collection trackers.

- Prepare monthly expense statements and budget-versus-actual reports.

- Track outstanding payments, pending bills, and financial discrepancies.

- Share timely MIS reports with the Regional and Central Accounts teams.

G. Coordination & Compliance

- Coordinate with Salon Managers, Territory Managers, Operations, HR, and Accounts teams.

- Ensure adherence to company commercial policies and financial procedures.

- Maintain proper documentation of financial transactions.

- Support internal and external audits.





- Ensure timely closure of commercial queries and pending reconciliations.

1. Key Performance Indicators (KPIs)

- Daily sales reconciliation accuracy.

- Timely cash deposits and bank reconciliation.

- Petty cash settlement and expense accuracy.

- Vendor invoice processing and payment follow-up.

- Inventory accuracy and stock variance control.

- Timely submission of commercial MIS.

- Reduction in financial discrepancies.

- Compliance with commercial policies and audit requirements.

1. Educational Qualification

- B.Com / M.Com / BBA / MBA (Finance) preferred.

- Knowledge of accounting principles and financial processes.

1. Work Experience

- 24 years of experience in commercial operations, accounts, finance, or retail operations.

- Experience in salon, QSR, hospitality, or multi-outlet retail operations preferred.

- Experience handling multiple outlet reconciliations and commercial activities will be an added advantage.

1. Required Skills

- Valuable knowledge of MS Excel and data management.

- Knowledge of Tally / ERP / POS systems.

- Strong numerical and analytical skills.

- Good communication and coordination skills.

- Attention to detail and accuracy.

- Ability to manage multiple tasks and meet deadlines.

- Basic knowledge of GST, invoicing, and banking processes.

1. Key Competencies

- Financial discipline and accountability.

- Analytical and problem-solving abilities.

- Planning and coordination.

- Process orientation.

- Vendor management.

- Time management and ownership.

Role Expectation: The Commercial Executive will ensure accurate financial records, timely reconciliations, effective expense control, and smooth commercial operations across all assigned salon locations.

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🏢 CavinKare
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