Job Description
The Head – Business Finance will act as a strategic finance partner to the Retail leadership team, driving profitability, cost efficiency, and sustainable growth. The role will provide financial stewardship across P&L management, budgeting, forecasting, performance analysis, and decision support for retail operations.
Key Responsibilities
1. Strategic Business Partnering
- Partner with Retail Business Heads to drive financial planning, performance management, and decision-making.
- Provide actionable insights on revenue growth, margin optimization, store productivity, and cost controls.
- Support strategic initiatives such as store expansion, refurbishments, channel mix, pricing, and promotions.
2. P&L Ownership & Performance Management
- Own end-to-end P&L for the Retail business.
- Monitor monthly performance against budget and forecasts; highlight risks and opportunities.
- Drive corrective actions to improve EBITDA and cash flows.
3. Budgeting, Forecasting & Planning
- Lead annual budgeting, rolling forecasts, and long-range business plans.
- Develop scenario planning and sensitivity analysis for key business variables.
- Ensure alignment between financial plans and business strategy.
4. Retail & Store Analytics
- Track and analyze store-level KPIs including sales per sq. ft., conversion, ASP, inventory turns, shrinkage, and store profitability.
- Evaluate new store viability, closures, and ROI assessments.
- Support category-wise and brand-wise profitability analysis.
5. Cost Management & Controls
- Drive cost optimization initiatives across rent, manpower, logistics, marketing, and overheads.
- Ensure robust financial controls, governance, and compliance across retail operations.
- Partner with internal audit and controllership teams to address gaps.
6. Cross-functional Collaboration
- Work closely with Supply Chain, Merchandising, HR, and Marketing teams to ensure financial discipline.
- Support negotiation with landlords, vendors, and service providers from a financial perspective.
7. Team Leadership
- Lead and develop the retail business finance team.
- Build strong analytical capability and business orientation within the team.
Qualifications & Experience
- CA / MBA (Finance) from a reputed institute
- 10–15+ years of experience in Business Finance, preferably in Retail / Consumer / FMCG
- Proven experience in P&L management and business partnering at a senior level
Key Responsibilities
1. Strategic Business Partnering
- Partner with Retail Business Heads to drive financial planning, performance management, and decision-making.
- Provide actionable insights on revenue growth, margin optimization, store productivity, and cost controls.
- Support strategic initiatives such as store expansion, refurbishments, channel mix, pricing, and promotions.
2. P&L Ownership & Performance Management
- Own end-to-end P&L for the Retail business.
- Monitor monthly performance against budget and forecasts; highlight risks and opportunities.
- Drive corrective actions to improve EBITDA and cash flows.
3. Budgeting, Forecasting & Planning
- Lead annual budgeting, rolling forecasts, and long-range business plans.
- Develop scenario planning and sensitivity analysis for key business variables.
- Ensure alignment between financial plans and business strategy.
4. Retail & Store Analytics
- Track and analyze store-level KPIs including sales per sq. ft., conversion, ASP, inventory turns, shrinkage, and store profitability.
- Evaluate new store viability, closures, and ROI assessments.
- Support category-wise and brand-wise profitability analysis.
5. Cost Management & Controls
- Drive cost optimization initiatives across rent, manpower, logistics, marketing, and overheads.
- Ensure robust financial controls, governance, and compliance across retail operations.
- Partner with internal audit and controllership teams to address gaps.
6. Cross-functional Collaboration
- Work closely with Supply Chain, Merchandising, HR, and Marketing teams to ensure financial discipline.
- Support negotiation with landlords, vendors, and service providers from a financial perspective.
7. Team Leadership
- Lead and develop the retail business finance team.
- Build strong analytical capability and business orientation within the team.
Qualifications & Experience
- CA / MBA (Finance) from a reputed institute
- 10–15+ years of experience in Business Finance, preferably in Retail / Consumer / FMCG
- Proven experience in P&L management and business partnering at a senior level
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