Manager - Account and Finance

Position objective:

Works in conjunction with the business head and senior finance manager to drive the annual business planning/budgeting process for the brand. Ensures that the targets set within the budgets are realistic, stretched, and reflect actual business potentials.

Monitors ongoing performance to track and report achievements. Highlights variances and advises the business head on various preventive measures, corrective actions, and reinforcements if required.

Undertakes decision-support analyses to facilitate various business decisions, i.e., new stores; new brands; new countries; store refurbishments; closures/exit options; and any other.

Key responsibilities:

Preparation of financial statements/MIS on a monthly basis for stakeholders

Financial analysis of P&L and presenting it to management

Feasibility study for new stores as well as current stores to assess profitability

Business plans & budgets presentation for brand

Responsible for import payments which constitute purchasing

Keeping track of profitability of the new age stores

Presenting P&Ls to principals and being the point of contact for all business affairs

Breakeven analysis for loss-making stores to support business decisions

Keeping track of and authorizing all expenses related to trade licenses and rent elements in the brand

Stock reports analysis. Authorizing any movement of small wares and equipment in warehouses

Ad-hoc reports preparation based on customized requirements, which is key in the dynamics of the brand