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Financial Operations Manager
3 weeks ago
As a key member of our operations team, you will be responsible for managing receivables from franchisees and retail stores. This involves reducing the time it takes to collect payments from 4 days to 3 days, coordinating daily cash deposits, ensuring timely credit card settlements, and overseeing cheque and cash pickups.
- Reduce receivables from franchisees and retail stores
- Coordinate daily cash collection deposits
- Ensure daily credit card settlements
- Oversee cheque and cash pickups
Key Responsibilities:
">Our ideal candidate will have strong relationships with mall management and landlords, conduct regular meetings with store managers, and maintain effective communication channels to resolve any issues that may arise.
- Maintain strong relationships with mall management and landlords
- Conduct regular meetings with store managers
Trade Credit and Scheme Monitoring:
">The successful candidate will approve trade credit notes according to policy guidelines, monitor promotional schemes and offers, and ensure reimbursement of expenses within 7 working days.
- Approve trade credit notes as per policy
- Monitor promotional schemes and offers
Expense Management:
">Our team relies on your expertise in expense management, including ensuring reimbursement of expenses within 7 working days and supporting store managers in enforcing compliance with processes and policies across the region.
- Ensure reimbursement of expenses within 7 working days
- Support store managers in enforcing compliance
Store Closure & Maintenance:
">You will be responsible for ensuring proper adherence to store closure processes, approving repairs and maintenance expenses according to Capex policy, and maintaining accurate records.
- Ensure proper adherence to store closure processes
- Approve repairs and maintenance expenses
Franchisee Accounts & Legal Compliance:
">The successful candidate will perform periodic account reconciliations, ensure signoff, obtain No Objection Certificates (NOC) according to policy, and verify the availability and validity of all legal certificates and notices at stores.
- Perform periodic account reconciliations
- Verify the availability and validity of all legal certificates and notices
Store Visits & Support:
">Our team relies on your ability to conduct fortnightly visits to stores, provide commercial and legal support, and ensure smooth functioning.
- Conduct fortnightly visits to stores
- Provide commercial and legal support
