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Aditya Birla Insulators
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Senior Executive - Finance (Retail Commercial)

Senior Executive - Finance (Retail Commercial)

Aditya Birla Insulators

4 - 6 years

3 - 6 Lacs

Nagpur Maharashtra India

Posted:3 days ago| Platform: Foundit logo

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Skills Required

Financial Analysis Budget Management Forecasting Techniques Cash Flow Management Risk Assessment

Work Mode

On-site

Job Type

Full Time

Job Description

Receivables Management

Reduce receivables from franchisees and retail stores from 4 days to 3 days
Coordinate daily cash collection deposits from stores
Ensure daily credit card settlements with stores
Oversee cheque and cash pickups for all franchisees

Relationship Management

Maintain strong relationships with mall management and landlords
Conduct regular meetings with mall management and franchisees to understand and resolve issues with support from the Head Office

Trade Credit and Scheme Monitoring

Approve trade credit notes as per policy
Monitor promotional schemes and offers

Showroom and Expense Management

Ensure reimbursement of expenses within 7 working days
Support Store Managers in enforcing compliance with processes and policies across the region
Manage franchise portal activities including installation of EDC machines, cash pickups, insurance, and legal compliance within defined timelines

Store Closure & Maintenance

Ensure proper adherence to store closure processes to avoid monetary loss
Approve repairs and maintenance expenses as per Capex policy and approved budget

Franchisee Accounts & Legal Compliance

Perform periodic account reconciliations, ensure signoff, and obtain No Objection Certificates (NOC) as per policy
Ensure availability and validity of all legal certificates and notices at stores

Store Visits & Support

Conduct fortnightly visits to stores
Provide commercial and legal support to stores to ensure smooth functioning

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