Phygicart E Commerce Private Limited

Key Responsibilities: 1. Financial Planning & Analysis: Manage budgeting processes, ensuring alignment with corporate goals and proper resource allocation. Lead the development of comprehensive financial models and forecasts to evaluate the financial impact of business strategies. Conduct variance analysis and provide recommendations to management for improvements. Develop and monitor key performance indicators (KPIs) for financial performance and network marketing specific metrics, such as commission payout ratios, sales growth, and network structure profitability. 2. Reporting & Compliance: Oversee the preparation and presentation of monthly, quarterly, and annual financial reports. Ensure compliance with relevant tax laws, regulations, and accounting standards specific to Network Marketing businesses. Collaborate with external auditors during audits and ensure timely completion of financial statements. Review financial statements to ensure accuracy and identify discrepancies. 3. Commission Structure & Payouts: Manage and optimize the companys commission and incentive structures, ensuring alignment with business goals. Work with the legal and operations teams to ensure that commission models comply with industry standards and regulations. Ensure accurate, timely processing and distribution of commissions to Affiliates while minimizing errors and discrepancies. 4. Strategic Business Partnering: Provide financial insights to senior management and other departments, influencing business decisions regarding expansion, marketing strategies, and operational improvements. Act as a financial advisor for leadership in understanding the financial implications of new business initiatives, product launches, or geographic expansions. Support cost management efforts across the organization, identifying cost-saving opportunities and enhancing profitability. 5. Risk Management: Identify financial risks and implement mitigation strategies. Monitor industry trends and regulatory changes, assessing their impact on financial strategies and compliance. Ensure robust internal controls are in place to protect the company’s financial assets. 6. Team Leadership & Development: Lead and mentor a team of finance professionals, providing guidance and training on financial processes and best practices. Foster a collaborative and results-driven work environment. Drive process improvements to streamline financial operations, ensuring efficiency and scalability. 7 . Account Closures : Manage the closing of accounts, including preparation and verification of various ledgers, and ensure accurate accounting of all transactions. Role & responsibilities Preferred candidate profile