Just In Time - Head - Finance

Description

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 modelsboth 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.
  
  

(ref:iimjobs.com)