Senior Finance Executive - Cloud Kitchen Operations

Experience: 5–8 years

Industry Preference: Food, QSR, FMCG, Retail, Cloud Kitchens, Startups

Role Overview

The Senior Finance Executive will manage day-to-day finance operations across multiple food brands and outlets. This role focuses on controls, compliance, reporting, and unit-level profitability, working closely with operations, procurement, payroll, and leadership.

Key Responsibilities

1. Financial Operations & Controls

• Manage daily accounting, books of accounts, and month-end closures
• Ensure accuracy in revenue, expenses, accruals, and provisions
• Maintain strong internal controls across outlets and central functions
• Track cash flows, vendor advances, and inter-company transactions

2. Costing & Unit Economics (Critical for Food Startups)

• Track food cost, packaging cost, delivery charges, and discounts
• Monitor brand-wise and outlet-wise P&L
• Identify cost leakages (raw material, wastage, commissions, refunds)
• Support pricing, combo decisions, and margin improvement initiatives

3. Vendor, Procurement & Payments

• Oversee vendor reconciliations (raw material, packaging, logistics)
• Ensure timely payments as per credit terms
• Validate purchase rates, GRNs, and consumption reports
• Coordinate with ops for variance explanations

4. Payroll, Statutory & Compliance

• Handle payroll accounting, ESI, PF, PT, TDS, and compliance changes
• Coordinate with HR and payroll partners for accurate deductions
• Ensure statutory filings are completed on time (GST, TDS returns, etc.)
• Support audits, notices, and compliance reviews

5. GST, Taxation & Aggregator Reconciliation

• Manage GST filings, input credit reconciliation, and compliance
• Reconcile Swiggy/Zomato payouts, commissions, refunds, and TCS/TDS
• Track discrepancies between aggregator reports and internal data

6. Reporting & MIS

• Prepare weekly and monthly MIS for management
• Provide clear dashboards on revenue, costs, margins, and cash position
• Support leadership with data for decision-making and expansion plans

7. Audit, ESOP & Investor Support

• Coordinate with statutory auditors and internal auditors
• Support ESOP accounting, valuations, and employee records (if applicable)
• Assist in investor reporting, board decks, and due diligence

Qualifications & Skills

• B.com, MBA (Finance) preferred
• Strong understanding of startup finance and food business economics
• Hands-on experience with Tally / Zoho / ERP systems
• Strong Excel skills (MIS, reconciliations, analysis)
• Familiar with GST, TDS, ESI, PF, payroll structures
• Detail-oriented, ownership mindset, comfortable in fast-moving setups