Finance Operations Manager

3 months ago

Mumbai, India Reliance Retail Full time

Company Overview

Reliance Retail is India's largest, fastest growing and most profitable retailer with a diversified omni-channel presence via integrated store concepts, digital and new commerce platforms. Founded in 2006, Reliance Retail has developed capabilities across people, processes, and technology to create a win-win proposition for stakeholders across the value chain. Serving over 193 million loyal customers, the company operates the largest store network in the country with 15,000+ stores, spanning more than 7,000 cities. For more information, visit our website.


Job Overview

Reliance Retail is seeking a Finance Operations Manager at a Junior level to join our dynamic team in Mumbai. This full-time position requires a detail-oriented individual with expertise in financial processes and operations to support our growing business by ensuring financial stability, accuracy, and efficiency.


Qualifications and Skills

  • Strong proficiency in account reconciliation to ensure all financial records are accurate and up-to-date (Mandatory skill).
  • Experience in financial reporting to produce monthly, quarterly, and annual financial statements (Mandatory skill).
  • Ability to implement process improvements to enhance operational efficiency and effectiveness (Mandatory skill).
  • Strong skills in financial analysis to scrutinize data and support decision-making processes.
  • Experience in budgeting to assist in the preparation, monitoring, and reporting of budgets.
  • Proficient in vendor management to handle contracts, negotiations, and relationships with vendors.
  • Competence in data analysis to interpret complex data sets and generate actionable insights.
  • Understanding of compliance management to ensure all operations adhere to established legal and regulatory standards.


Roles and Responsibilities

  • Ownership of Billing/STO and collection cycles for franchisee stores and its reconciliation.
  • Co-ordinate with Payment gateway, Brands & Banks for TID Creation, Terminal Deployment, Brand offer activation, transaction charges, cash back recoveries and offer roll-out.
  • Control of Billing of furniture and Fixture to partner.
  • Overall control of product Exchange reconciliation with Exchange and delivery partners.
  • Working closing with business functions to drive and implement new business initiatives.
  • Preparing process flowcharts & business requirement documents for new business initiatives.
  • Payment of Commission and vendor invoices with tax compliance.
  • Maintaining and reviewing balance sheet schedules for all the MOPs.
  • Working closely with sales operations team to drive financing impacting items.
  • Regular reporting and analytics as per business requirement.
  • Managing both internal and external audits and BOC reviews.
  • Implementing process automation to optimize manpower and improve efficiency.
  • Identifying cost optimization/ saving opportunities.

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