Finance Control Manager

Role & responsibilities

1. Financial Controls & Governance

• Develop, implement, and monitor financial control policies across all salons.
  
• Ensure adherence to SOPs related to billing, cash handling, discounts, and refunds.
  
• Conduct periodic audits (surprise and scheduled) at outlets to ensure financial discipline.
  
• Identify gaps in financial processes and implement corrective actions.
  

2. Revenue Monitoring & Reconciliation

• Oversee reconciliation of daily sales from POS systems (Zenoti/Slick/other).
  
• Validate billing accuracy, service entries, packages, memberships, and discounts.
  
• Track cash deposits, UPI/card settlements, and ensure timely bank reconciliation.
  
• Highlight and resolve revenue leakages or mismatches with Operations & Accounts teams.
  

3. Budgeting, Forecasting & Financial Planning

• Assist in preparing annual budgets and business forecasts for each outlet.
  
• Conduct cost-benefit analysis for new salon launches, promotions, and offers.
  
• Monitor performance against budget and highlight variances to management.
  
• Provide financial insights to support pricing strategies and resource planning.
  

4. Cost Control & Expense Management

• Establish strong controls for inventory usage, ordering, and wastage.
  
• Review purchase orders, stock reports, and consumption patterns regularly.
  
• Identify opportunities for cost reduction across operations, procurement, utilities, and payroll.
  
• Validate vendor bills and ensure the accuracy of expense allocations.
  

5. Compliance & Audit Management

• Ensure all statutory compliance: GST, TDS, PF/ESI, and other regulations.
  
• Support internal and external audit processes with required documentation.
  
• Maintain accurate records for regulatory and tax submissions.
  

6. Coordination with Finance, Operations & HR

• Collaborate with Accounts Team to ensure proper accounting and reporting.
  
• Work with Operations to standardise processes and minimise financial risks.
  
• Support HR with payroll cost control, attendance monitoring, and overtime validation.
  
• Serve as the financial point of contact for outlet managers and department heads.
  

7. Reporting & MIS

• Prepare financial control dashboards, variance reports, and audit reports.
  
• Track KPIs like average bill value, occupancy, service-to-retail ratio, and revenue per stylist.
  
• Provide management with insights for decision-making and operational improvements.
  

Preferred candidate profile:

• Bachelors or Master’s degree in Finance, Commerce, or Accounting (B.Com / M.Com / MBA Finance).
  
• 6–12 years of experience in finance, audit, or compliance roles.
  
• Experience in retail, hospitality, or salon/spa industry preferred.
  
• Strong command of financial controls, auditing, GST/TDS, and MIS reporting.
  
• Proficiency in Tally, Excel, and POS software (Zenoti/Slick/etc.).
  
• Excellent analytical, problem-solving, and leadership skills.
  
• Strong attention to detail and ability to enforce discipline.