Associate Vice President Finance

7 days ago

New Delhi, India Oxygen The Digital Expert Full time

Role Overview:The AVP Finance will be a strategic partner to the leadership team, responsible for financial strategy, compliance, governance, and operational efficiency. The role requires strong retail sector understanding, multi-location financial controls, working capital management, and ability to support growth initiatives including store expansions and technology integration.Key Responsibilities:Financial Strategy & Planning- Develop and execute financial strategies aligned with business growth plans; Prepare annual budgets, forecasts, and multi-year business plans; Drive financial modeling for store expansions, new formats, and category growth. Financial Control & ReportingOversee preparation and accuracy of financial statements in compliance with Indian Accounting Standards; Implement robust MIS for real-time performance tracking at store, category, and region levels; Ensure timely monthly, quarterly, and annual reporting. Working Capital & Cash Flow Management –Optimize inventory cycles, receivables, and payables to maximize liquidity; Negotiate credit terms with vendors and manage banking relationships. Risk Management & Compliance –Ensure statutory compliance with GST, Income Tax, Companies Act, FEMA, and other applicable laws; Establish internal controls to prevent leakages, pilferage, and fraud; Implement risk management frameworks for credit, operational, and regulatory risks. Cost Optimization & Profitability –Identify cost-saving opportunities in procurement, logistics, and operations; Drive margin improvement through category mix and vendor negotiations. Team Leadership –Lead the finance, accounts, and compliance teams across all outlets; Build capability and succession plans for finance leadership roles. Investor & Stakeholder Relations –Prepare investment decks and reports for lenders, investors, and stakeholders; Liaise with external auditors, bankers, and consultants. Vendor & Scheme Management –Oversee tracking and realization of all brand-offered schemes, and support; Ensure timely claims submission, follow-up, and accounting. Strategic Funding & Expansion Support –Structure financing for new store rollouts and warehouse expansion; Conduct feasibility studies for new locations and formatsEducation CA is mandatorySalary : From ₹100,000.00 per month

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