Finance Manager

About this role, you will be responsible for overseeing the financial operations of our organization. This includes managing financial planning, budgeting, reporting, and compliance to ensure our company's financial health.

Key ResponsibilitiesFinancial Strategy & Planning

• Develop and implement financial strategies that align with our objectives.
• Support the budgeting process, including preparing annual budgets and forecasts.
• Provide insights into market trends and competitive dynamics to aid financial planning.

Financial Reporting & Analysis

• Prepare accurate financial statements, including profit and loss accounts, balance sheets, and cash flow statements.
• Present financial reports to stakeholders.
• Conduct financial analysis to inform business decisions, including profitability assessments, cost control, and investment evaluations.

E-Commerce Financial Management

• Oversee the financial aspects of e-commerce operations, including revenue forecasting, margin analysis, and cost management.
• Monitor online sales performance and offer recommendations to enhance profitability and optimize customer acquisition costs.
• Collaborate with the e-commerce team to develop pricing strategies and promotional campaigns aligned with financial objectives.

Cash Flow Management

• Manage cash flow efficiently, including working capital, payment cycles, and investment opportunities.
• Monitor and manage financial risks related to currency fluctuations, inventory, and supplier payments.

Cost Control & Profitability

• Implement cost control measures across the organization, focusing on sourcing, production, and logistics.
• Evaluate and optimize cost structures to improve margins in retail and online sales channels.
• Lead efforts to improve operational efficiency and reduce unnecessary expenditures.

Financial Compliance & Risk Management

• Ensure compliance with financial regulations and standards.
• Manage the external audit process and liaise with auditors for accurate and timely reporting.
• Identify and mitigate financial risks, including credit, market, and operational risks.

Team Leadership & Development

• Supervise and mentor the finance team, encouraging professional development and best practices.
• Provide training and guidance on financial best practices and industry-specific challenges.
• Ensure the finance department operates efficiently with clear roles, responsibilities, and performance expectations.

Stakeholder Management

• Collaborate with stakeholders such as investors, suppliers, and external partners to ensure financial transparency and support business growth.
• Build and maintain relationships with banking partners and financial institutions for effective financial management.
• Provide financial insights to support negotiations with suppliers and service providers.

Technology & Systems

• Oversee financial systems and tools to improve reporting, analysis, and decision-making.
• Leverage technology to enhance financial operations, including e-commerce platforms, ERP systems, and data analytics.

Qualifications & Experience

• Education: Advanced qualifications in accounting or finance.
• Experience: A minimum of 7-10 years of experience in finance, with at least 3 years in a managerial role within the fashion and textile industry.
• Skills: Proficiency in financial modeling, analysis, and forecasting. Experience with financial software. Strong analytical, leadership, and communication skills.

Key Competencies

• Strategic Thinking: Ability to contribute to the development and implementation of long-term financial strategies.
• Analytical Skills: Strong analytical abilities to interpret financial data and provide actionable insights.
• Leadership: Demonstrated experience in managing and developing high-performing finance teams.
• Commercial Acumen: In-depth understanding of the fashion and e-commerce sectors with a focus on profitability and growth.
• Adaptability: Capacity to excel in a dynamic, fast-paced environment with evolving market conditions.

Bonus: One guaranteed annual bonus, subject to performance and achievement of KPIs
Employee Share Option Pool: Participation subject to vesting and performance conditions
Health Insurance
Paid Annual Leaves
Provident Fund Scheme to be introduced soon],

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