Sr Executive – Retail Commercial (North)
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Job Location:
Monthly Salary:
Posted on:
11 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Purpose
Job Purpose Description
Job Context & Major Challenges
Retail Commercial involves playing a key role in supporting for New Store Opening monitoring day- to-day running of the stores. Involves responsibility in the evaluation of Store Opex (new and renovation) as well as Closure of Stores. The job holder acts as the single point of contact between stores & finance team of the organization. Majorly involves coordination of activities related to the Commercial function in connection with new store opening Franchisee agreement franchisee payout settlement collection of Cash Deposit Bank Guarantee MIS reports
The major challenges involved are:
Coordinating with the franchisee and Ops for collection operational issues commission incentive payment and any other related matter. Also getting periodic reconciliation done of accounts
Coordinating with the brand on salary debit of store employees placed on Adecco payrolls to ensure salary debit is accounted to respective store and employee. If any wrongly salary was debited get it account in respective store and employee with the help of brand
Reviewing the Stores related expenses which are as per the policy & within Budget and give input for cost expenses which are as per the policy & within Budget and give input for cost cutting.
Key Result Areas
| KRA (Accountabilities) (Max 1325 Characters) | Supporting Actions (Max 1325 Characters) | |
|---|---|---|
| KRA1 | Reduce Receivables of Franchisee and Retail stores | Reduce Receivables of Franchisee and Retail stores from 4 days to 3 days Coordination with stores for daily deposit of all Cash Collection. Coordination with stores for Credit Card settlement on daily Basis Cover all franchisees from cheque pickup to cash pickup |
| KRA2 | Maintaining relationship with Mall / Landlord Franchisee relationship | Meeting with mall Management Team. Understanding the issues & sorting out the same with the Help of Ho Meeting with Franchisee. Understanding the issues & sorting out the same with the Help of Ho Approval of Trade Credit notes Monitoring of Schemes |
| KRA3 | Showrooms | Reimbursement of Expenses within 7 working days Support Store Manager in enforcement of process and policies as may be laid down from time to time across the region and measure their compliance. |
| KRA4 | New Store Opening | Ensuring Installation of EDC & Cash Pickup Insurance and Legal Compliance as per defined timeline |
| KRA5 | Store Closure | Ensuring store closure process is followed and ensure no monitory loss due to non compliance |
| KRA6 | Approval of Repairs & Maintenance at Regional Office | Approved the expenses as per Capex Policy & approved budget. |
| KRA7 | Franchisee accounts Signoff | Periodic account reconciliation Ensuring Signoff and obtaining NOC as per policy |
| KRA8 | Legal | Ensuring availability of all legal certificates and notices at stores. |
| KRA9 | Store Visit | Fortnightly Visit to stores. Facilitate and support all Stores with requisite commercial and legal inputs to ensure smooth functioning of stores |
Required Experience:
Senior IC
Key Skills
- Electrical
- Accomodation
- Corporate Sales
- AC Maintenance
- Barista
- ITI
About Company
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