Assistant Manager - Finance RNA Resources Group Limited

Budgeting, Cost Control & MIS

• Coordinate the setting up of Sales projections, Intake margin, Mark down, KPI Indicator, etc
• Analyze deviation vs budgets and liaise with Concern team for insight and corrective action.
• Monitor the income and expenses versus budget, track the variances, recommend corrective actions and follow-up on remedial actions to ensure the adherence to the budget and to support the effective monitoring of performance within the budget for: Retail productivity
  Gross Margin and Net Margin for the Concept
  Stocks and Sales
• Conduct reviews and evaluations for overhead cost-reduction opportunities
• Deliver set standards of MIS reports for various departments, ensure timely preparation and presentation of periodic MIS and interpret data to suggest ways of cost optimization and store performance improvement
• Exercise necessary budgetary controls on all costs incurred by the Territories, ensuring that they comply with the drawn budgets
• Coordinate with marketing and planning for providing inputs on Margins, Mark Downs for promotions, campaigns and in-season activities like sales
• Monitoring digital marketing spend base on sales trend vs Budget and highlight to control overspend if any.
• Evaluate and present feasibility of new projects and assess the financial implications of new or existing stores/ventures

E-Commerce- Sales & Inventory Reconciliation

• Business partnering with Ecom team.
• Weekly validation for List Price upload on 3rd Party Market Place Portal.
• Weekly reconciliation of Sales Order vs Inventory transfer to virtual 3rd Party Market Place location
• Weekly reconciliation of Inventory transfer vs Sales for 3rd Party Market Place location
• Every Monthend ensuring Inventory under Virtual location is zero if not necessary reconciliation is in place.
• Monthly reconciliation of sales vs payment received from 3rd Party Market Place
• Reconciling sales price as per sales report vs List price
• Tracking HB/Vendor Promo discount and ensure recovery as applicable.
• Monthly reconciliation of commission charged as per agreement with the vendor.
• Anylsing damage return and identifying core reason and liaising with respective stakeholders for corrective action.
• Ensuring valid tax invoice are received in time and recorded to avoid VAT/Tax loss, including other tax compliance applicable from time to time.
• Review KPI Indicator vs Budget and liaise with Ecom team for deviation

Warehousing and Logistics

• Review sales performance and highlight stock gaps leading to lower sales
• Negotiate and review commercial arrangements with 3rd Party Business Partner and ensure closure within 2 weeks.
• Review warehouse SLA and coordinate with Warehouse team for deviation or building efficiency.
• Monthly review of delivery cost per order, cost per piece channel wise and ensure right allocation of cost at channel level.
• Propose cost optimisation measure
• On quarterly basis revisit rate card for Market Place and propose changes if any.