Finance Controller – Retail Finance Clark & Kent Executive Search

The Corporate Institute; Mumbai; On-site; INR 3,500,000 - 5,500,000; Full time

Job summary

The Corporate Institute is seeking a Finance Controller / Head of Retail Finance in Mumbai to lead financial operations for a multi-store retail network. You will oversee daily accounting cycles, cash flow management, and month-end close while coordinating inventory and margin control.

The ideal candidate will be a CA or MBA in Finance with 5–12 years of retail finance experience, plus advanced Excel skills, SAP/Business Central, POS software proficiency, and strong leadership and communication

Qualifications

• CA or MBA in Finance with 5–12 years of retail finance experience.
• Advanced Excel, SAP/Business Central, POS software, and strong leadership/communication abilities.

Responsibilities

• Manage daily accounts payable and receivable workflows.
• Oversee general ledger and monthly close processes.
• Integrate and reconcile POS data systems.
• Monitor daily cash flow and working capital needs.
• Oversee inventory turnover, shrinkage, and store-level profitability.

Skills

Leadership

Communication

Analytical

Education

CA

MBA in Finance

Tools

SAP/Business Central

POS software

Job description

Position Title

Finance Controller / Head of Retail Finance

Reports To

Chief Financial Officer (CFO) or Managing Director

Industry Focus

Retail, QSR, or Omnichannel Commerce Financial Operations

• Manage daily accounts payable and receivable workflows.
• Oversee general ledger and monthly close processes.
• Integrate and reconcile point-of-sale (POS) data systems.
• Monitor daily cash flow and working capital needs.

Inventory & Margin Control

• Oversee inventory turnover, shrinkage, markdown pricing impacts, and supply chain holding costs while evaluating store-level profitability.

Planning & Analysis

• Direct annual budgeting, rolling forecasts, variance analysis, and key retail performance tracking (like GMROI and same-store sales).

Compliance & Audits

• Handle tax filings (GST and income tax), coordinate internal and external audits, and maintain internal controls across store locations.

Key Requirements

Qualification: Chartered Accountant (CA) or MBA in Finance with 5 – 12 years of retail finance experience.

Skills: Advanced Excel, SAP/Business Central, POS software, and strong leadership/communication abilities.