Associate Vice President Finance

3 weeks ago

Kottayam, Kerala, 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 & Reporting  Oversee 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 formats

Education 

CA is mandatory

Salary :

From ₹100,000.00 per month

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