Head, Finance

Responsibilities:
• Formulate financial policies/procedures for the Concept within the framework of the group policies aimed at achieving the business growth and controls and ensure that the Finance Team follows internal control measures to safeguard financial interests
• Coordinate with the central warehouse for receiving, warehousing and delivery of product in a manner consistent with Concept service and cost objectives
• Review new projects – focusing on Break even points / sales break even; main cash flows and P/L accounts
• Develop and maintain systems for prompt and accurate collection of financial and accounting information
• Help the corporate team in preparing the routing and shipping plans, agreements with third party service providers and manage the delivery schedules
• Review the stocks in line with pre decided norms on terms of stocks levels, stock ageing, and slow moving items, to take timely decisions whenever required
• Maintain accounting by ensuring expenses are properly accounted for
• Ensure thorough checking of the entire MIS prior sending to RNA and Corporate office while adhering to agreed timelines
• Coordinate with Suppliers through Buying team for delivery of merchandise
• Set up controls and procedures for debtors invoices and for monthly cash certificates
• Supervise, control and authorize all purchases (local+ non Trading)
• Coordinate with Clearing team for clearance of imports