Head of Finance

1 week ago


bangalore, India Just In Time Full time

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 models—both brick-and-mortar and e-commerce—and 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.


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