Finance Head | Retail Industry | Mumbai (Matunga)

Role Overview:

The Head Finance/Accounts will be a key member of the executive leadership team, responsible for driving the financial strategy, planning, and operations of the company. The role requires a seasoned finance professional with strong expertise in retail business models both brick-and-mortar and e-commerceand the ability to balance profitability, cash flow, and sustainable growth.

Key Responsibilities:

Strategic Financial Management

• Develop and implement financial strategies aligned with business goals and growth plans.

• Lead long-term financial planning, risk management, and scenario analysis for retail and e-commerce divisions.

• Provide financial insights and recommendations to support strategic decision-making.

Financial Operations & Controls

• Oversee all accounting, budgeting, and reporting functions across retail and online business units.

• Ensure accuracy, transparency, and compliance in financial statements and audits.

• Strengthen internal controls, financial discipline, and cost optimization initiatives.

• Manage working capital efficiently, ensuring optimal inventory, credit, and cash flow management.

Business Performance & Profitability

• Monitor key retail metrics such as sales per square foot, gross margins, inventory turnover, and ROI on marketing spends.

• Drive profitability improvement through cost control, pricing strategy, and margin management.

• Partner with merchandising, operations, and marketing teams to improve overall business efficiency.

Funding & Investor Relations

• Manage banking relationships, funding requirements, and capital structure optimization.

• Lead equity/debt fundraising efforts and manage relationships with investors and financial institutions.

• Present periodic business and financial performance reports to the Board of Directors and stakeholders.

Compliance & Governance

• Ensure compliance with all statutory, tax, and regulatory requirements (GST, TDS, PF, ESIC, etc.).

• Oversee financial due diligence and audits.

• Drive corporate governance, risk assessment, and ethical financial practices.

Leadership & Team Development

• Lead, mentor, and build a high-performing finance and accounts team.

• Foster collaboration across departments to ensure financial alignment with organizational goals.

Key Skills & Competencies:

• Strong understanding of retail financial metrics, P&L management, and multi-channel operations (offline + e-commerce).

• Strategic thinker with hands-on expertise in financial planning, analysis, and reporting.

• Excellent stakeholder management and communication skills.

• Proficiency in ERP systems, advanced Excel, and financial modelling.

• Analytical mind-set with strong business acumen and attention to detail.

Qualifications & Experience:

• Chartered Accountant (CA) / MBA in Finance.

• 12 to 15 years of experience in finance, with at least 5 years in a leadership role.

• Prior experience in retail, FMCG, or consumer-driven sectors is mandatory.

• Experience in scaling businesses and managing multi-location operations preferred.

Performance Indicators (KPIs):

• EBITDA and Profit Margin Growth.

• Cash Flow and Working Capital Management.

• Accuracy and Timeliness of Financial Reporting.

• Cost Optimization and Operational Efficiency.

• Compliance Adherence and Audit Scores.

• Fundraising Effectiveness and Investor Satisfaction