Finance Head

1. Financial Planning & P&L Management

• Own and manage the Profit & Loss (P&L) statement, ensuring sustainable financial health.

• Lead financial forecasting, budgeting, and variance analysis for Carters India.

• Identify cost optimization opportunities without compromising on business growth.

• Drive gross margin improvement and working capital efficiency.

2. Pricing Strategy & Commercial Excellence

• Define and implement a pricing strategy that balances market competitiveness and financial sustainability.

• Ensure alignment with global Carters pricing policies while adapting to the Indian market dynamics.

• Analyze consumer purchasing behavior and competitor pricing to inform strategic pricing decisions.

• Collaborate with Sales & Marketing teams to develop discounting and promotional strategies.

3. Budgeting, Costing & Cost Control

• Lead the annual budget preparation and ensure adherence to financial targets.

• Monitor and control operating expenses across all functions.

• Optimize supply chain costs, inventory management, and logistics expenses.

• Ensure efficient allocation of financial resources to drive business growth.

• Implement costing methodologies to track product costs and improve margin efficiency.

• Conduct detailed cost-benefit analysis to support decision-making.

4. Accounting, Compliance & Risk Management

• Oversee all accounting activities, ensuring compliance with Indian GAAP and local tax regulations.

• Ensure adherence to corporate governance, statutory filings, and internal financial policies.

• Work closely with auditors, tax consultants, and regulatory authorities for statutory compliance.

• Implement risk management frameworks to mitigate financial risks.

5. Cash Flow & Working Capital Management

• Maintain tight control over working capital, receivables, and payables.

• Optimize cash flow to support business operations and growth initiatives.

• Establish policies for vendor payment terms, credit control, and debt management.

• Ensure strong financial discipline in inventory planning & procurement.

6. Leadership & Stakeholder Management

• Partner with the Country Head and global finance teams to align financial goals.

• Collaborate with cross-functional teams (Sales, Marketing, Operations) to drive business decisions.

• Build and lead a high-performing finance team, ensuring training and development.

• Act as a key finance advisor to the senior leadership team.