Financial Controller - Retail

Key Responsibilities:

Inventory Control:

- End to end responsibility for regular Stock Checks at all locations including checks as required by auditors.

- Review Post Inventory Holding Value (PIHV) processes to ensure accurate valuation of perishable and non-perishable stock done by Store Manager

- Lead cycle count programs across stores and DC to maintain inventory accuracy

- Collaborate with store and warehouse teams to reconcile physical vs. system inventory, especially for high-turnover items

- Develop & Implement SOPs across the Company to strengthen commercial processes and reduce loss.

Cash & Banking Operations:

- Supervise daily cash verification across grocery outlets, including float management and end-of-day reconciliation

- Coordinate secure bank pick-up schedules and ensure compliance with cash handling protocols along with new store alignment.

- Investigate any issues raised by Finance.

Loss Prevention & Commercial Audit:

- Implement and monitor loss prevention controls to reduce shrinkage from spoilage, theft, and operational errors etc.

- Conduct commercial audits to assess compliance with financial and operational standards, across all stores with a frequency of once a month

- Analyse shrinkage trends and work with store managers to implement corrective actions

- Tender Reconciliation: verify collections through various payment methods like cash, credit cards, digital wallets, and more-against the sales recorded in the Point of Sale (POS) system.

- Insurance: New Store alignment, renewals of Insurance, coordinating with insurer for any raise/ claim.

- Audit: render support as and when required