Manager / Senior Manager – Finance & Commercial Operations

Location:
Mumbai (On-Site) Reports To: Head of Finance / Managing Director (Dual reporting)

Experience:
6–10 Years in Core Finance, FP&A; & Inventory Accounting About Kumari Fine Jewellery At Kumari, we are redefining how fine jewellery is discovered, worn, and loved. Designed for the evolving aspirations of Gen Z and Millennial buyers, we blend contemporary aesthetics with timeless craftsmanship across both digital touchpoints and experiential retail spaces. We aren't just selling gold and diamonds—we are crafting meaningful, high-energy customer journeys for a generation that values individuality, design, and effortless elegance. Role Overview We are looking for a sharp, detail-obsessed Finance & Commercial Operations Lead to drive the financial backbone of our growing enterprise. This is an autonomous role for a strategic finance operator who thrives at the intersection of numbers, operational efficiency, precious metal accounting, and process digitisation. You won't just be managing ledgers—you will build the financial architecture, cost-center frameworks, and automated dashboards that keep our business scaling profitably,securely, and with total statutory discipline. What You’ll Do (Key Result Areas):
• Architect Financial MIS & FP&A;: Own the monthly, quarterly, and annual MIS reporting engine (P&L;, Balance Sheet, Cash Flow); build rolling budgets, variance analysis, and clear executive commentaries.
• Master Metal & Inventory Accounting: Oversee end-to-end accounting and ledger reconciliations for fine gold,silver, platinum, diamonds, and gemstones—tracking karigar/vendor job work, wastage, and stock ageing.
• Drive Digitisation & Automation: Lead the digital overhaul of finance operations—configuring ERP workflows,building Power BI/Excel dashboards, and establishing paperless approval controls.
• Implement Cost-Center Frameworks:



Design and maintain structured cost category architectures across product lines, channels, and operational hubs to analyze SKU-level profitability and making-charge margins.
• Lead Cross-Functional Operations: Serve as the strategic finance partner across Production, Procurement, Retail,Logistics, and HR to streamline approvals, eliminate process bottlenecks, and optimize capex.
• Ensure Flawless Statutory & Tax Compliance: Maintain total compliance across GST (e-invoicing, e-way bills),TDS/TCS, Income Tax, BIS hallmarking records, PMLA/KYC regulations, and MSME standards.
• Audit, Controls & Governance: Direct internal, statutory, and stock audits; establish bulletproof SOPs for metal/cash handling, risk controls, vault insurance, and asset registers. What We’re Looking For: Technical Toolkit & Skillset
• Precious Metal & D2C Accounting: Deep command of jewellery-specific inventory accounting, karigar reconciliations, metal loss tracking, and high-AOV retail dynamics.
• Financial Standards & Compliance: Expert knowledge of Ind AS / AS frameworks, GST regimes, tax laws,PMLA norms, and corporate governance.
• Tech & Visualisation Tools: Advanced Excel mastery, ERP workflow design, and hands-on experience building automated dashboards in Power BI.
• Commercial & Costing Analytics: Expertise in product-level margin analysis, discount structures, and cost-center mapping. Profile & Experience
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Experience:
6–10 years managing core finance, budgeting, and accounting operations (preferably across jewellery,fashion, or high-value manufacturing/D2C).
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Education:
Chartered Accountant (CA / pursuing CA) or Master’s Degree in Finance/Commerce preferred.
• Execution Discipline: High integrity, precision, and ownership with a track record of driving cross-functional process change.
• Mindset: An analytical, tech-forward financial strategist who bridges complex numbers with commercial clarity.

📌 Manager Financial and Commercial Operations (Bandra West)
🏢 Kumari Fine Jewellery
📍 Bandra West