Assistant Finance Manager/Finance Manager

Job Description: -

1. Financial Planning & Analysis:

• Develop and manage annual budgets, forecasts, and long-term financial plans.
• Analyze financial performance and provide strategic recommendations to support business growth.
• Prepare detailed financial reports, including profit & loss statements, balance sheets, and cash flow forecasts.

2. Accounting & Compliance:

• Ensure accurate and timely monthly, quarterly, and year-end financial closing processes.
• Oversee general ledger, accounts payable/receivable, and inventory accounting.
• Ensure compliance with local financial regulations, tax laws, and company policies.
• Coordinate external audits, tax matters and regulatory reporting.

3. Cash Flow & Treasury Management:

• Monitor and manage cash flow to ensure sufficient liquidity for business operations.
• Optimize working capital and manage banking relationships effectively.

4. Internal Controls & Risk Management:

• Develop and enforce internal controls to safeguard company assets.
• Identify financial risks and recommend mitigation strategies.

5. Team Leadership & Development:

• Lead and mentor the finance team, fostering a culture of accountability and continuous improvement.
• Provide training and development opportunities to enhance team capabilities.

Preferred Qualification/Experience: -

• Bachelor’s degree in Finance, Accounting, or related field (Master’s preferred).
• Strong analytical and problem-solving skills
• Proficiency in financial software and ERP systems (e.g., SAP, Oracle, QuickBooks)
• Excellent communication and interpersonal skills
• Strategic thinking with a strong business acumen
• Ability to work under pressure in a fast-paced retail environment.
• Minimum 5 years of relevant experience in finance management, preferably in the fashion retail sector.