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Associate Vice President Finance

Associate Vice President Finance

Oxygen The Digital ExpertKottayam, Republic Of India, IN
30+ days ago
Job description

Role Overview :

The AVP Finance will be a strategic partner to the leadership team, responsible for financial strategy, compliance, governance, and operational efficiency. The role requires strong retail sector understanding, multi-location financial controls, working capital management, and ability to support growth initiatives including store expansions and technology integration.

Key Responsibilities :

  • Financial Strategy & Planning - Develop and execute financial strategies aligned with business growth plans;
  • Prepare annual budgets,forecasts, and multi-year business plans;

Drive financial modeling for store expansions, new formats, and category growth.

  • Financial Control & Reporting Oversee preparation and accuracy of financial statements in compliance with Indian Accounting Standards;
  • Implement robust MIS for real-time performance tracking at store, category, and region levels;
  • Ensure timely monthly, quarterly, and annual reporting.

  • Working Capital & Cash Flow Management – Optimize inventory cycles, receivables, and payables to maximize liquidity;
  • Negotiate credit terms with vendors and manage banking relationships.

  • Risk Management & Compliance – Ensure statutory compliance with GST, Income Tax, Companies Act, FEMA, and other applicable laws;
  • Establish internal controls to prevent leakages, pilferage, and fraud;
  • Implement risk management frameworks for credit, operational, and regulatory risks.

  • Cost Optimization & Profitability – Identify cost-saving opportunities in procurement, logistics, and operations;
  • Drive margin improvement through category mix and vendor negotiations.

  • Team Leadership – Lead the finance, accounts, and compliance teams across all outlets;
  • Build capability and succession plans for finance leadership roles.

  • Investor & Stakeholder Relations – Prepare investment decks and reports for lenders, investors, and stakeholders;
  • Liaise with external auditors, bankers, and consultants.

  • Vendor & Scheme Management – Oversee tracking and realization of all brand-offered schemes, and support;
  • Ensure timely claims submission, follow-up, and accounting.

  • Strategic Funding & Expansion Support – Structure financing for new store rollouts and warehouse expansion;
  • Conduct feasibility studies for new locations and formats

    Education

    CA is mandatory

    Salary :

    From ₹100,000.00 per month

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    Vice President • Kottayam, Republic Of India, IN

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