Head of Finance

Job Purpose

The Head of Finance is responsible for leading all financial activities of the retail business, ensuring strong control over P&L, cash flow, costs, and profitability. This role acts as a strategic business partner to the Executive Team, supporting store performance optimization, expansion decisions, and sustainable growth.

Key Responsibilities

1. Financial Management & Control

• Own and manage company-wide and store-level P&L.
• Monitor and control operating costs (COGS, OPEX, payroll, rental, utilities).
• Analyze gross margin and net margin by product, store, and sales channel.

2. Budgeting & Forecasting

• Lead annual budgeting and periodic forecasting processes.
• Track actual vs. budget performance and provide corrective recommendations.
• Evaluate financial effectiveness of promotions, pricing strategies, and sales campaigns.

3. Cash Flow & Working Capital Management

• Manage cash flow to ensure liquidity for daily retail operations.
• Oversee accounts receivable, accounts payable, and inventory levels.
• Work with banks and financial partners on funding or cash optimization when required.

4. Store Performance & Expansion Support

• Develop financial KPIs to assess store-level profitability.
• Conduct financial analysis for new store openings, relocations, and closures.
• Evaluate ROI for expansion projects, CAPEX, and system investments.

5. Accounting, Compliance & Reporting

• Ensure accurate and timely financial statements in compliance with accounting and tax regulations.
• Coordinate with external auditors, tax advisors, and relevant authorities.
• Continuously improve finance and accounting processes to fit a retail operating model.

6. Team Leadership & Business Partnering

• Lead, develop, and manage the Finance & Accounting team.
• Act as a financial business partner to Operations, Sales, Supply Chain, and HR....
• Provide actionable financial insights to support management decision-making.

Requirements

• Bachelor’s degree in Finance, Accounting, or related fields; CPA/ACCA is a plus.
• Minimum 8–10 years of experience in finance, preferably within retail, FMCG, or multi-store operations.
• Strong understanding of retail P&L, cost control, inventory management, and cash flow.
• Excellent analytical, financial modeling, and problem-solving skills.
• Proven ability to work closely with senior leadership on strategic initiatives.
• Strong leadership, communication, and cross-functional collaboration skills.