Division Finance Manager - Luxury Cosmetic Brand

Job Description:-

Daily / Weekly Requirement:-

To Check online bank transactions & Direct Deposits.Authorize order for delivery and resolve issues of delayed payments,Resolve supervisors query on cost of packs.Prepare Brand related PO's. Prepare and review accounts payment vouchers,cash payment vouchers, staff deductions,Accounts receivable JV,General Journal Voucher. Supervise AR outstanding matters and take need action. Analyze new pack pricing,keep profit margins,stock in account.Sharing updates on last pack and taking action on revision of pricing.Overall observe lapse in internal control, smooth function of accounts team,while support other departments.Address consignment matters,consignment costing.Issue Credit note where needed.

Monthly /Quarterly

Review of Campaign orders, discuss to optimize order,interaction between ordering team and sales team also star club members.Co-ordinate with WHS for super cession of item codes,nearing expiry & expired items. Update payroll for deduction,arrange to run payroll,check finalize the payroll.Passing monthly JV's Monthly MIS reports.Review staff deduction for their personal purchase,members deduction and whenever needed instruct to deduct salary. Keep Monitoring GL,V;s ,Subledger balances-Analyse reconcile and rectify,prepare & review Bank Reco on monthly basis. Make Strategy with Director for liquidation of old items, control overheads and discussion of weekly progress plans.Ensure timely clearance of consignment and resolve any related issues.Training Team. Make Suprise branch visit.