Business Finance

Purpose of the job:

Role & Responsibilities

• Evaluate financial implications of all brand decisions and advise the Business Head accordingly.
• Support the brandsday to day requirements in terms of data analysis and decision making support
• Work closely with finance team for their data and analysis requirements pertaining to the Brand(s) being handledPre-evaluation & Budgeting
• Analyze each item in the budget against historical trends and gather inputs from all departments to arrive at theinitial estimates / forecast
• Prepare the budget including estimates for sales, costs, investments, cash-flow, etc.
• Analyze budget vs. actual to provide variance analysis and revised estimates

Brand Performance analysis

• Monitor business numbers across channels: assess each doors performance vis--vis costs.
• Identify opportunities to reduce costs and ensure it is maintained within pre-determined percentage of sales
• Analyze all expenses and ensure controls are in place to ensure profitability; Drive the action plan to take corrective measures as required
• Financial Analysis & Feasibility Studies
• Evaluate new projects and initiatives ranging from routine schemes & promotions to larger inorganic growth plans
• Evaluate store feasibility based on study of own stores and competition consolidate inputs from various stakeholders to estimate future sales potential and arrive at 5 year projections of profitability and cash flow.
• Advise the business on the viability of the store.
• Track all activities in new stores and analyze the variance against estimates and assumptions made during the feasibility study.
• Where profitability projections are not achieved, facilitate store closure decisions, if required, by potential loss against investments made. Use the analysis to feed back into future feasibility studies.
• Ensure control of inwards for the season. Work with SCM team in monitoring stock levels and ensuring inventory control.