Finance Head

2 days ago

Mumbai, Maharashtra, India ACME SERVICES PRIVATE LIMITED Full time ₹ 9,00,000 - ₹ 12,00,000 per year

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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