Finance Manager

About the Role:

The Finance Manager in the retail trade sector plays a critical role in overseeing and directing the financial health of the organization. This position is responsible for developing comprehensive financial plans, managing corporate finance activities, and ensuring accurate financial analysis to support strategic decision-making. The Finance Manager will lead efforts to optimize financial operations, including budgeting, forecasting, and cost accounting, to enhance profitability and operational efficiency. They will also maintain and analyze balance sheets to monitor the company's financial position and compliance with regulatory requirements. Ultimately, this role ensures that financial resources are effectively allocated to support business growth and sustainability within the competitive retail market in the United States.

Minimum Qualifications:

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• Minimum of 5 years of experience in financial management, preferably within the retail industry.
• Strong proficiency in financial analysis, budgeting, and corporate finance principles.
• Experience with balance sheet management and cost accounting practices.
• Proficient in financial software and Microsoft Excel.

Preferred Qualifications:

• Master's degree in Finance, Business Administration (MBA), or related discipline.
• Professional certification such as CPA (Certified Public Accountant) or CFA (Chartered Financial Analyst).
• Experience working in a large-scale retail environment with multi-location operations.
• Familiarity with advanced financial planning tools and ERP systems.
• Demonstrated leadership experience managing finance teams.

Responsibilities:

• Develop, implement, and monitor financial plans and budgets aligned with the company's strategic objectives.
• Conduct detailed financial analysis and reporting to provide insights into business performance and identify areas for improvement.
• Manage corporate finance functions including capital structure, funding strategies, and investment analysis.
• Oversee cost accounting processes to control expenses and improve cost efficiency across retail operations.
• Prepare and review balance sheets, income statements, and other financial documents to ensure accuracy and compliance.
• Collaborate with cross-functional teams to support financial decision-making and operational initiatives.
• Lead and mentor finance team members to enhance their skills and ensure high-quality financial management.
• Ensure adherence to financial regulations and internal controls to mitigate risks.

Skills:

The Finance Manager will utilize financial analytical skills daily to interpret complex data and generate actionable insights that drive business strategy. Financial operations expertise is essential for managing budgeting, forecasting, and ensuring efficient cash flow management within the retail context. Corporate finance knowledge supports decision-making related to capital investments, funding, and risk management. Proficiency in balance sheet analysis and cost accounting enables the manager to maintain financial accuracy and control expenses effectively. These skills combined allow the Finance Manager to lead financial planning and management efforts that support sustainable growth and profitability.