Accounts & Finance Manager

2 days ago

Malappuram, Kerala, India AL KHALEEJ HEALTH CARE PRIVATE LIMITED Full time ₹ 30,00,000 - ₹ 40,00,000 per year

1. Financial Planning & Budgeting

  • Prepare annual budgets, quarterly forecasts, and long-term financial plans for all pharmacy outlets and central operations.
  • Monitor budget vs. actual performance and report variances with corrective actions.
  • Support management with financial insights for expansion, branch profitability, and new store feasibility studies.

2. Accounting & Financial Reporting

  • Oversee day-to-day accounting functions including payables, receivables, reconciliations, and general ledger.
  • Ensure accuracy of monthly, quarterly, and yearly financial statements.
  • Manage closing activities and ensure timely submission of MIS reports.

3. Cash Flow & Working Capital Management

  • Monitor daily cash flow and maintain optimal liquidity for operations.
  • Manage vendor payments, credit terms, and collection follow-ups.
  • Optimize inventory financing, credit limits, and banking relationships.

4. Regulatory & Compliance

  • Ensure compliance with local regulations, tax laws, VAT, and audit requirements.
  • Coordinate with external auditors and prepare necessary schedules/documentation.
  • Maintain strong internal controls to prevent leakage, fraud, or non-compliance.

5. Inventory & Cost Control

  • Work with supply chain, warehouse, and store teams to reduce stock variance, damage, wastage, and expired items.
  • Set standard procedures for stock audits, GRN verification, and stock valuation.
  • Analyze product margins, vendor discounts, price variations, and cost of goods sold (COGS).

6. Retail Pharmacy Operations Support

  • Analyze outlet-wise profitability, sales performance, GP%, expense ratios, and operational efficiency.
  • Review credit sales, insurance claims, and outstanding receivables.
  • Support decisions on promotions, pricing strategy, and product mix.

7. System & Process Improvements

  • Implement financial SOPs and automation across accounting, inventory, and retail POS systems.
  • Improve workflow between accounts, warehouse, and operations teams.
  • Ensure data accuracy in ERP/POS systems (e.g., TruePOS, Zoho Books, Tally, etc.).

8. Team Leadership

  • Supervise and develop the finance/accounts team.
  • Allocate tasks, review work, and ensure team productivity and accuracy.
  • Provide training on financial policies, reporting standards, and system usage

Job Types: Full-time, Permanent

Pay: ₹20, ₹30,000.00 per month

Experience:

  • finace and accounts: 3 years (Required)

Location:

  • Malappuram, Kerala (Required)

Work Location: In person

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