Finance Head

Job Description – Finance Head

Company: Krishna Rajaram Ashtekar Jewellers

Location: KRA House, 1056, Abhinav Chowk, Shukrawar Peth, Tilak Road, Pune – 411002

Reports To: Director

About the Company

KRA Jewellers is a reputed jewellery brand with a legacy of over 88 years, known for authenticity, customer service, and operational excellence. With 12+ showrooms and ambitious expansion plans across Maharashtra, KRA requires a Finance Head who can bring strong financial discipline, compliance, and ROI-driven insights to support sustainable growth.

Our core values—Customer Orientation, Kaizen (Continuous Improvement), Quality, Teamwork, Respect for People, and Standards—guide every aspect of our operations and culture.

Position Overview

We are seeking a Chartered Accountant with 5–10 years of post-qualification experience to head the finance function. The Finance Head will oversee statutory compliance, branch-level financial performance, fund management, and strategic decision support. This role offers the opportunity to grow into a CFO role as KRA scales.

Key Responsibilities

1. Financial Planning & Compliance

• Ensure compliance with statutory requirements: TDS, GST (GSTR 1, 2B, 3), ESIC, PF, PT, etc.
• Manage tax filings, advance tax payments, and coordinate with auditors & consultants.
• Stay updated with tax laws, ensuring zero non-compliance.

2. Cash Flow & Banking Management

• Manage working capital, CC limits, LAP facilities, and treasury operations.
• Submit monthly gold stock statements, monitor cash handling and bank charges.
• Maintain strong banking relationships and evaluate finance options (loans, credit facilities, treasury instruments).

3. Budgeting, Forecasting & ROI

• Prepare annual budgets, rolling forecasts, and variance analysis.
• Calculate ROI for new branches, marketing spends, and business expansion projects.
• Provide scenario-based financial analysis for gold price fluctuations and margins.

4. Branch & Business Performance

• Develop branch-wise P&L dashboards and MIS reports.
• Review branch profitability, margins, and performance metrics monthly.
• Partner with operations to identify underperforming outlets and implement corrective measures.

5. Expense, Audit & Documentation

• Oversee monthly payments (rent, utilities, insurance premiums, etc.).
• Implement cost control measures and monitor efficiency.
• Lead statutory, internal, and bank audits; ensure proper documentation and accuracy.

6. Insurance & Risk Management

• Manage insurance policies, renewals, and payments.
• Support financial risk management, including gold price risk and operational exposures.

7. Technology & Reporting

• Drive accurate, real-time financial reporting through ERP (Tally ERP/Synergics) and BI tools (Excel/Power BI).
• Build dashboards to track branch and corporate performance.

8. Leadership & Team Management

• Lead and mentor the accounts and finance team across corporate and showrooms.
• Foster a culture of financial discipline, transparency, and governance.

Qualifications & Experience

• Chartered Accountant (CA) – Mandatory.
• 5–10 years of post-qualification experience in finance; retail / FMCG / jewellery background preferred.
• Strong knowledge of taxation, compliance, and financial management.
• Exposure to fund management, branch-level financial planning, and banking negotiations.
• Proficiency in MS Excel/Power BI.

Key Competencies

• Analytical and problem-solving ability with strategic thinking.
• Strong financial modelling and ROI evaluation skills.
• Excellent communication and negotiation skills with banks, auditors, and management.
• High integrity, discipline, and governance standards.
• Leadership ability with potential to grow into a CFO role.

Job Types: Full-time, Permanent

Pay: ₹100, ₹150,000.00 per month

Benefits:

• Leave encashment
• Paid sick time
• Provident Fund