Senior Executive - Finance (Retail Commercial)

4 - 6 years

3 - 6 Lacs

Nagpur Maharashtra India

Posted:7 months ago

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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

Skills Required

financial analysis budget management forecasting techniques cash flow management risk assessment

Work Mode

On-site

Job Type

Full Time

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