Drive budgeting, forecasting, and monthly/quarterly financial reporting.
Present MIS and financial dashboards to management with insights and variance analysis.
Lead cost optimization initiatives across departments without compromising customer experience.

Retail & Inventory Finance Expertise

Understand and manage the financial impact of
SKU-level inventory
, high-value items, dead stock, and returns.
Implement strategies to maintain healthy
inventory turnover ratio
and reduce pilferage/shrinkage.
Collaborate with stock and procurement teams for stock valuation and aging analysis.

Compliance & Internal Controls

Ensure GST, TDS, Income Tax, and other statutory compliances.
Strengthen internal financial controls across branches and warehouses.
Lead internal and external audits, ensuring no discrepancies.

Cash Flow & Fund Management

Monitor daily cash flows and recommend working capital strategies.
Manage bank relationships, loan repayments, and fund allocations for branches.

Business Partnering

Act as a strategic advisor to the MD and department heads for financial feasibility of new initiatives, showrooms, or collection launches.
Analyze
sales data, seasonal patterns
, and customer behavior to drive profit-driven decisions.
Assist in pricing decisions and promotion strategies based on cost structure and market trends.

Team Leadership

Supervise a team of accountants and finance executives across locations.
Build capacity and provide training on financial systems, retail metrics, and reporting tools.

Skills & Competencies:

In-depth understanding of
retail/jewellery/luxury business dynamics
Strong grip on
inventory accounting
, product costing, and stock movement
High analytical skills with expertise in
Excel, Tally, ERP systems
; Power BI is a plus
Knowledge of taxation, finance law, and compliance
Excellent interpersonal and leadership abilities
Integrity, discretion, and a strong sense of ownership

Preferred Experience:

Experience in a multi-branch
retail jewellery
or luxury product company
Exposure to
gold schemes, customer EMI plans, or exchange policies
is an added advantage

Compensation:

As per industry standards and experience level.

More Jobs at Jewellers Madanlal Chhaganlal

Financial Controller

Indore, Madhya Pradesh, India

Experience: Not specified

Salary: Not disclosed

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