Manager (Finance)

5 days ago


Kolkata, India Talent Socio Full time
Our Client is building Bharat ki nayi modern Ration Ke Dukaan for middle India consumers. We are an omni-channel, hybrid, food & grocery retailer which obsesses in providing deep value to middle India consumers. We will focus on building our network in East & North India for next few years, hoping to serve the "underserved" and hungry middle India consumer in these geo's. We deliver value thru' a ML based central pricing model which curates pricing for every catchment, double clicking for relevance in that catchment. Hoping to open 10 stores this year (5 already open) and 25 next year. For those of you familiar with Aldi - we are a bit like them. Every store location is about 5000 sq. ft.

What are we looking for?We are seeking a results-driven and confident Manager (Finance) to oversee buying and merchandising margins and drive subsequent profitability for the company from respective categories. This role involves managing B2B invoicing, vendor debit notes off-invoice, promotions and visibility confirmations, reviewing vendors, sourcing and sourcing agreements, vendor reconciliation and closure, and margin management. The Manager (Finance) will play a crucial role in preventing revenue leakage and ensuring accurate SKU-level and store-level margin calculations.

Key ResponsibilitiesOversee buying and merchandising margins to ensure company profitability.Manage B2B invoicing processes and vendor debit notes off-invoice.Handle promo and visibility confirmations.Conduct thorough reviews of vendors and manage sourcing agreements.Perform vendor reconciliation and closure.Manage margin calculations and address revenue leakages at SKU and store levels.Ensure compliance with financial regulations and company policies.Develop and maintain strong relationships with vendors.

Required QualificationsChartered Accountant (CA) by qualification.Minimum of 6 years of relevant experience in the retail industry.Proven experience in margin management, vendor-facing roles.Excellent interpersonal and margin calculation skills.Ability to thrive in a startup environment with dynamic and chaotic conditions.Strong analytical skills and attention to detail.Experience with financial software and proficiency in Microsoft Excel.
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