
Finance Head
2 days ago
Job Description :
1. Financial Planning & P&L Management
- Own and manage the Profit & Loss (P&L) statement, ensuring sustainable financial health.
- Lead financial forecasting, budgeting, and variance analysis for Carters India.
- Identify cost optimization opportunities without compromising on business growth.
- Drive gross margin improvement and working capital efficiency.
2. Pricing Strategy & Commercial Excellence
- Define and implement a pricing strategy that balances market competitiveness and financial sustainability.
- Ensure alignment with global Carters pricing policies while adapting to the Indian market dynamics.
- Analyze consumer purchasing behavior and competitor pricing to inform strategic pricing decisions.
- Collaborate with Sales & Marketing teams to develop discounting and promotional strategies.
3. Budgeting, Costing & Cost Control
- Lead the annual budget preparation and ensure adherence to financial targets.
- Monitor and control operating expenses across all functions.
- Optimize supply chain costs, inventory management, and logistics expenses.
- Ensure efficient allocation of financial resources to drive business growth.
- Implement costing methodologies to track product costs and improve margin efficiency.
- Conduct detailed cost-benefit analysis to support decision-making.
4. Accounting, Compliance & Risk Management
- Oversee all accounting activities, ensuring compliance with Indian GAAP and local tax regulations.
- Ensure adherence to corporate governance, statutory filings, and internal financial policies.
- Work closely with auditors, tax consultants, and regulatory authorities for statutory compliance.
- Implement risk management frameworks to mitigate financial risks.
5. Cash Flow & Working Capital Management
- Maintain tight control over working capital, receivables, and payables.
- Optimize cash flow to support business operations and growth initiatives.
- Establish policies for vendor payment terms, credit control, and debt management.
- Ensure strong financial discipline in inventory planning & procurement.
6. Leadership & Stakeholder Management
- Partner with the Country Head and global finance teams to align financial goals.
- Collaborate with cross-functional teams (Sales, Marketing, Operations) to drive business decisions.
- Build and lead a high-performing finance team, ensuring training and development.
- Act as a key finance advisor to the senior leadership team.
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