8 - 10 years
0 Lacs
Posted:3 days ago|
Platform:
On-site
Full Time
· Develop and implement financial strategies aligned with business goals.
· Prepare Quarterly/annual budgets, forecasts, and financial projections for each outlet and consolidated operations.
· Advise management on financial implications of business activities and expansion plans.
· Ensure daily sales revenue collection and updation and capture them for reporting to the management and to monitor the P&L performance store wise for all brands.
· Oversee accounting, bookkeeping, and daily financial transactions across outlets.
· Ensure proper reconciliation of outlet sales, petty cash, and bank accounts.
· Review and finalize monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow).
· Ensure timely closure of books and audit readiness.
· Monitor parts cost, inventory, wastage, and overheads in cafeterias / showroom/ stores operations.
· Develop cost control measures to improve outlet-level profitability.
· Analyze gross margins, outlet performance, and recommend corrective actions.
· Implement standard costing, variance analysis, and cost-per-outlet benchmarking.
· Frequent discussions with the Business Heads on Outlets profitability performance etc.
· Manage working capital efficiently — oversee receivables, payables, and vendor payments.
· Monitor cash flows and optimize liquidity across outlets.
· Maintain strong relationships with banks, auditors, and financial institutions, investors and stake holders etc.
· Ensure statutory compliance (GST, TDS, Income Tax, PF, ESI, ROC filings, etc.).
· Liaise with statutory and internal auditors for smooth audits.
· Maintain proper internal control systems and compliance with company policies.
· Prepare outlet-wise and consolidated MIS reports, highlighting key KPIs (sales, cost ratios, profit margins, etc.) for submission to management.
· Track performance metrics such as per-outlet revenue, ROI, payback period, and financial efficiency.
· Present monthly financial review reports to top management.
· Evaluate financial viability of new outlets/showrooms and prepare project feasibility reports.
· Manage capital expenditure budgets and ROI tracking for new projects.
· Support management in fundraising, debt restructuring, or investor relations (if applicable).
· Implement ERP/accounting software suitable for chain-based operations.
· Establish strong financial controls and approval hierarchies across all locations.
· Streamline processes for billing, inventory, and vendor management.
· He should be a MBA - Finance
· Excellent leadership, negotiation, and communication skills.
· Strong knowledge of accounting standards, GST, and financial compliance
· Hands-on experience with ERP/accounting systems (Tally ERP, Zoho Books, SAP, etc.)
· Analytical mindset with attention to detail
· Ability to lead a team and coordinate with operations business heads/outlet managers
· Excellent communication and presentation skills
· High level of accountability and ownership.
EBG Group
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