Manager - Finance & Compliance - Retail

Purpose To provide leadership and coordination of company financial planning, management analysis, debt financing, and budget management functions and ensure company accounting procedures and reporting conform to generally accepted accounting principles

Responsibilities :

Corporate Planning & Systems :

- Involved in corporate planning during organizational restructuring at all levels

- Ensure compliance with all local, state and national registration, licenses, permissions etcetera in all geographical areas of the Company's operations.

- Oversee all purchasing and payroll activity for staff and participants.

- Attend Board/ Subcommittee meetings; including being the lead staff on the Audit/Finance Committee.

- Involved in formulation of various systems, policies, procedures, commensurate with the need of the company

- Involved in Financial projections of collaborations / joint ventures envisaged

- BID and new businesses management process

- PR with key business partner resources

Finance :

- Budgeting, Forecasting, Cost & Credit Control, Margin Analysis, Costing & Profitability Analysis and Management Reporting

- Preparation and submission of applications to Financial Institutions for financial assistance in form of Term Loans, Short Term Deposits and timely follow up for necessary sanctions, documentations and disbursements

- Procurement of Foreign Exchange Loans under different lines of credit and arranging guarantees from Financial Institutions for foreign currency loans in favour of foreign lenders

- Surplus Fund Management in terms of placement of inter-corporate deposits to Corporate

Banking and Working Capital :

- Preparation and appraisal of working capital proposal

- Fixing up arrangements of working capital

- Arranging Letters of Credit and Bank Guarantee

- Arranging Suppliers' Credit and Buyers' Credit

- Placement of commercial papers

- Liaising with Senior Officials of Banks, Financial Institutions, Finance Companies, prospective investors/VC, etc.

Accounts & Audit :

- Oversee the accounts payable and accounts receivable processes, and assist when needed

- Finalization of accounts, divisional & branch accounting

- Attending statutory auditors, internal auditors

- Stores/ Materials accounting

- Tax audit details preparation

- Computerized accounting

- Debtors' management and credit control

- Accounting Standards and their implementation

- Insurance Portfolio

- Company law and ROC compliance

- Debtors and Creditors management

Taxation :

- Oversee Personal taxation - employees

- Oversee Filing of returns and attending tax authorities for assessments and appeals