Assistant Manager - Finance Controllership

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MAIN PURPOSE OF THE JOB

Finance Controllership for Retail BU:

1. Hands on management of all aspects of accounting and finance of all operations to ensure that accounts are maintained in compliance with all applicable regulations.

2. Hands on raising of Customer invoices and ensuring proper reconciliations are done month on month and coordinating with aggregators and credit customer on sorting out of the issues.

3.Hands on preparation of GSTR1 workings and customer Onboarding process as per SOP.

4. Preparing outstanding report for receivables and following up for payments for Outstanding Invoices from customers by coordinating with Ops team.

4. Ensuring scalability of finance department & processes to support and lead the growth of the organization.

RESPONSIBILITY AREA

Financial accounting and reporting:

1. Oversee the day-to-day accounting operations and month end close per the finance calendar of multiple legal entities, in compliance with the applicable GAAP and other regulations.

2. Working on customer reconciliations and coordinating with Ops team on resolving the issues.

3. Compute COGS and reconcile with actual consumption

4. Track the movement of inventory and fixed assets as per authorisation

Develop, implement, and ensure compliance with internal financial and accounting policies and procedures.

Tax & regulatory Management

1. Ensure compliance on account of day-to-day business activity that pertains to Withholding Tax / GST / Exchange Control / State Laws in India.

Internal Control Design

1. Ability to design and operate a robust internal controls system, focused largely around inventory.

Year End close

1. Preparation of receivable schedule, tracking the outstanding receivables and any provisions for doubtful receivables.

2. Responsible for computation of financial COGS, reconciling with actual consumption.

Physical verification of the inventory and appropriate action for any variances.

Stakeholder Management

1. Manage regular interactions with multiple stakeholders internally.

2. Communicating with external stakeholders such as System vendors, Auditors and professional advisors, Tax & regulatory authorities.

Technology Management

1. Ability to provide inputs including management of development of the in-house ERP.

Role catches your interest?

Chai Point, India's largest organized Chai retailer was started in 2010 with the vision of bringing a perfectly brewed cup of Chai made with fresh and natural ingredients to thousands of working professionals around the country. Chai Point has taken it upon itself to revolutionize the way Chai is consumed in India. With 1000+ employees and properties in 10 cities, Chai Point is growing at a fast and steady pace.

BoxC.in provides high-quality, freshly brewed Chai and Filter Coffee to corporate companies. The IoT enabled 100% automatic dispenser ensures that professionals get a great tasting cup of Chai at work. We believe that an authentic cup of Chai is a simple yet powerful driving factor for great workdays.

We offer a variety of options to our clients that come with the plug-and-play dispenser. Different varieties of freshly Chai like classic, masala, elaichi and ginger along with authentic filter coffee. We also provide teabags, hot chocolate and badam milk.

At the beginning of this year, we won Excellence in Food Distribution at the CNBC TV18 Global Logistics Awards and Best Cafe Chain at the F&B Business Excellence Awards Function hosted by Indian Express

In 2018 we won the following awards:

- Chai Point has been featured under the 2019 Top 10 Most Innovative Companies -India

- Entrepreneur Start up Awards 2018: Best Food Tech Company

- Financial Times FT1000 High Growth Companies: Ranked 86 out of 1,000 companies identified in APAC region

- Global Logistics Excellence Awards 2018

Company Culture:
We are an infectious bunch. Be it the way we rise to challenges, the cutting-edge products we create, the dreams we chase or the fun we have at work. We invite you to free yourself, dream big and chase your passion. We are here today because we did just that.

We are Passionate & we Innovate every day; we believe in being Detail Oriented as the difference between mediocrity & excellence is in the attention to details. We are Happy Positive & move forward with a happy spirit and believe that solutions are easier to find when you have a smile on, Team Orientation & Ownership are qualities that have got us this far and will lead the way in making us the most lovable brand, if you think you resonate with what you just read. We are an ideal match!!

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Chai Point has taken a leadership role in its commitment to social responsibility. Our priority was and is to move towards 100% plastic-free, recyclable usage of consumables. By promoting recycling, fostering green procurement, reducing waste and exceeding regulatory requirements whenever possible, we aim to minimize our impact on the environment.