Financial Head

Job Title: Financial Head

Department: Finance

Reports To: Chief Executive Officer (CEO) / Managing Director

Employment Type: Full-time

Job Summary:

The Financial Head is responsible for leading the company's overall financial strategy, planning, reporting, and compliance. This role ensures the financial health of the organization by overseeing budgeting, financial analysis, cash flow management, taxation, internal controls, and financial reporting. The ideal candidate has extensive experience in the restaurant or food service industry and possesses strong business acumen to support operational and strategic decision-making.

Key Responsibilities.

Financial Management

• Develop and execute the company's financial strategy aligned with business objectives.
• Oversee budgeting, forecasting, and financial planning processes.
• Monitor cash flow, working capital, and liquidity to ensure operational stability.
• Prepare monthly, quarterly, and annual financial reports with actionable business insights.
• Analyze financial performance and recommend strategies to improve profitability.

Accounting & Compliance

• Ensure timely and accurate preparation of financial statements in accordance with applicable accounting standards.
• Oversee general accounting, accounts payable, accounts receivable, payroll, and fixed assets.
• Ensure compliance with tax regulations, government reporting requirements, and statutory obligations.
• Coordinate external audits and liaise with auditors, banks, and regulatory agencies.
• Establish and maintain strong internal controls and financial policies.

Business & Operational Support

• Partner with Operations, Procurement, Supply Chain, and HR to improve financial performance.
• Analyze restaurant-level profitability, food costs, labor costs, and operating expenses.
• Monitor key performance indicators (KPIs) such as:
• Food Cost
• Labor Cost
• Gross Profit
• EBITDA
• Store Profitability
• Inventory Variance
• Cash Conversion Cycle
• Recommend cost-saving initiatives and revenue optimization strategies.

Leadership

• Lead, mentor, and develop the Finance and Accounting team.
• Drive continuous improvement in financial systems and processes.
• Implement financial technologies and automation where applicable.
• Support expansion initiatives, new store openings, and investment evaluations.

Qualifications

Education

• Bachelor's Degree in Accountancy, Finance, or a related field.
• Certified Public Accountant (CPA) is highly preferred.
• Certified Management Accountant (CMA) is highly preferred.
• MBA or Master's Degree in Finance or Business Administration is an advantage.

Experience

• Minimum 8–10 years of progressive finance and accounting experience.
• At least 5 years in a leadership role overseeing finance operations.
• Experience in the restaurant, food service, hospitality, or retail industry is strongly preferred.
• Experience handling multi-branch operations is highly desirable.

Technical Competencies

• Financial Planning & Analysis (FP&A)
• Financial Reporting
• Budgeting & Forecasting
• Cost Accounting
• Tax Planning & Compliance
• Treasury & Cash Flow Management
• Internal Controls & Risk Management
• Financial Modeling
• ERP Systems (SAP, Oracle, Microsoft Dynamics, NetSuite, or similar)
• Advanced Microsoft Excel and financial reporting tools

Leadership Competencies

• Strategic Thinking
• Business Acumen
• Decision-Making
• People Leadership
• Stakeholder Management
• Problem Solving
• High Integrity and Ethical Standards
• Excellent Communication and Presentation Skills

Preferred Industry Experience

• Restaurant Chains
• Quick Service Restaurants (QSR)
• Casual Dining
• Food & Beverage
• Retail with Multi-Branch Operations

Key Performance Indicators (KPIs)

• Budget Accuracy
• EBITDA Growth
• Gross Profit Margin
• Cash Flow Performance
• Food and Labor Cost Control
• Timely Financial Reporting
• Audit Compliance
• Tax Compliance
• Working Capital Optimization
• Store Profitability Improvement

Preferred Certifications

• CPA (Certified Public Accountant) – Preferred
• CMA (Certified Management Accountant) – Preferred
• MBA or Master's Degree – Advantage