Job Title:
Head of Finance
Company: Just In Time
Location: Mumbai, Maharashtra
Created: 2025-12-04
Job Type: Full Time
Job Description:
Role Overview: The Head Finance/Accounts will be a key member of the executive leadership team, responsible for driving the financial strategy, planning, and operations of the company. The role requires a seasoned finance professional with strong expertise in retail business models—both brick-and-mortar and e-commerce—and the ability to balance profitability, cash flow, and sustainable growth.Key Responsibilities:Strategic Financial Management- Develop and implement financial strategies aligned with business goals and growth plans. - Lead long-term financial planning, risk management, and scenario analysis for retail and e-commerce divisions. - Provide financial insights and recommendations to support strategic decision-making.Financial Operations & Controls- Oversee all accounting, budgeting, and reporting functions across retail and online business units. - Ensure accuracy, transparency, and compliance in financial statements and audits. - Strengthen internal controls, financial discipline, and cost optimization initiatives. - Manage working capital efficiently, ensuring optimal inventory, credit, and cash flow management.Business Performance & Profitability- Monitor key retail metrics such as sales per square foot, gross margins, inventory turnover, and ROI on marketing spends. - Drive profitability improvement through cost control, pricing strategy, and margin management. - Partner with merchandising, operations, and marketing teams to improve overall business efficiency.Funding & Investor Relations- Manage banking relationships, funding requirements, and capital structure optimization. - Lead equity/debt fundraising efforts and manage relationships with investors and financial institutions. - Present periodic business and financial performance reports to the Board of Directors and stakeholders.Compliance & Governance- Ensure compliance with all statutory, tax, and regulatory requirements (GST, TDS, PF, ESIC, etc.). - Oversee financial due diligence and audits. - Drive corporate governance, risk assessment, and ethical financial practices.Leadership & Team Development- Lead, mentor, and build a high-performing finance and accounts team. - Foster collaboration across departments to ensure financial alignment with organizational goals.Key Skills & Competencies:- Strong understanding of retail financial metrics, P&L management, and multi-channel operations (offline + e-commerce). - Strategic thinker with hands-on expertise in financial planning, analysis, and reporting. - Excellent stakeholder management and communication skills. - Proficiency in ERP systems, advanced Excel, and financial modelling. - Analytical mind-set with strong business acumen and attention to detail.Qualifications & Experience:- Chartered Accountant (CA) / MBA in Finance. - 12 to 15 years of experience in finance, with at least 5 years in a leadership role. - Prior experience in retail, FMCG, or consumer-driven sectors is mandatory. - Experience in scaling businesses and managing multi-location operations preferred.Performance Indicators (KPIs):- EBITDA and Profit Margin Growth. - Cash Flow and Working Capital Management. - Accuracy and Timeliness of Financial Reporting. - Cost Optimization and Operational Efficiency. - Compliance Adherence and Audit Scores. - Fundraising Effectiveness and Investor Satisfaction.