Regional Commercial Manager - Retail

We are looking for Regional Commercial Manager. I have given the JD for the particular position. Please have a look at the same.

SUMMARY

To support & monitor Max Retail Stores commercial & business activities for the Region

KEY RESPONSIBILITIES

Commercial Control

- Provide Store Commercial control & support

- Monitor the retail sales collection & Cash Flow

- Monitor Store Expenses and ensure budgetary control

- Ensure Internal Audit compliance

- Coordination with IT department on retail operations (LANPOS), promotions at Stores

- Coordination with internal & external departments, statutory bodies, government departments and ensure registrations and compliance are in place

Statutory compliances

- Ensure statutory remittances and compliances: PF, ESI, PT etc

- Procure trade and other requisite licenses for new stores, renewal of required licenses for existing stores

- Ensure payment of bills on time

- Verify and validate monthly / annual VAT / Sales Tax Returns

- Ensure remittance of statutory Forms (C & F)

Inventory Management

- Monthly reconciliation of inward and outward inventory from RDCs to the Hyper Market

- Ensure coordination of stock taking and passing of variance entries

- Understand the inventory requirements for promotion activities

- Validate the MIS reporting of inventory in various stores

Franchise Reconciliation

- Follow up for outstanding payments from Franchise stores and ensure the receipt of the same

- Calculate the sales tax for franchises and ensure that same is paid by the franchises

- Reconcile ledger balance once in a month

- Franchisee Stores accounting, payment and coordination for setup

Budgeting and Reporting

- Budget preparation for all stores in region once in a year

- Report actual vs budget variance report on P&L comparison (MTD & YTD) store wise to the regional managers and areas managers on a monthly basis