Finance Manager

JOB DESCRIPTION

Position Overview/Role Objective

To oversee, manage, and control the entire financial operations of multiple outlets, ensuring accurate financial reporting, cost control, and strategic financial planning for a chain-based business with multiple outlets (cafeterias/showrooms/Stores/other outlets). The role should ensure profitability, compliance, and efficiency across all outlets and the central team.

We are looking for an experienced and dynamic Finance Manager to fulfil the above Role objective. This role involves end-to-end management of Finance, Accounting and Compliances.

Key Responsibilities

1. Financial Planning & Strategy

· 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.

2. Financial Management

· 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.

3. Cost Control & Profitability Management

· 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.

4. Cash Flow Management

· 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.

5. Compliance & Audit

· 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.

6. MIS & Reporting

· 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.

7. Expansion & Capex Planning

· 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).

8. Systems, Processes & Automation

· 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.

Qualifications & Skills

· He should be a MBA - Finance

· 8 to 10 years of experience in multi outlet retail showrooms/stores/chain of cafeteria /showrooms/ hotel chain businesses.

· 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.

Reporting To

• You will report to the Chairman/COO of EBG Group

Reporting Office

• You will be based at our new EBG Group Power House Central Office, Madhapur/Hitech City Area, Hyderabad
• 6 days working from Office - Monday to Saturday, 10 am to 6 pm
• Approximate salary Package is 15 LPA - 18 LPA