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Job Description & How to Apply Below
Financial Controller
Company: DRPL – Dholakia Retail Pvt. Ltd. (Subsidiary of DLGD – Dholakia Lab Grown Diamonds Pvt. Ltd.)
Location:
Surat / Mumbai (or as applicable)
Reporting To: Chief Financial Officer
Team Size: 3–4 members
About the Company
DRPL – Dholakia Retail Pvt. Ltd. is the retail arm of DLGD, entering the Indian retail market with a combination of company owned and franchise operated lab grown diamond jewellery stores. The business is focused on scalable, profitable, and compliant retail expansion across India.
Role Overview
The Retail Head – Finance / Financial Controller will be responsible for end-to-end financial management of the retail business, including owned stores and franchise operations. This role will play a critical part in setting up retail finance systems, controls, reporting, and governance, while partnering closely with business, operations, and franchise teams.
Key Responsibilities
Retail Financial Planning & Control
Own P&L management for company-owned retail stores and franchise operations
Prepare and monitor store-wise budgets, forecasts, and variance analysis
Track and improve key retail KPIs: gross margin, store EBITDA, inventory turns, ROCE, and working capital
Franchise Finance Management
Design and manage franchise financial models, royalty structures, and revenue recognition
Monitor franchise performance, receivables, security deposits, and compliance
Support franchise onboarding from a finance and commercial perspective
Accounting, Compliance & Controls
Ensure accurate and timely accounting for retail operations (Ind AS compliant)
Oversee GST, income tax, TDS, and statutory compliances related to retail and franchise business
Set up strong internal controls, SOPs, and audit frameworks for multi-store operations
Conduct the Audit / Internal audit in timely manner
Inventory & Cash Management
Establish controls for high-value diamond and jewelry inventory
Monitor stock reconciliation, shrinkage, and valuation across stores
Manage cash flows, store cash handling processes, and POS reconciliations
Systems & Process Setup
Lead implementation and integration of ERP/POS systems for retail and franchise business
Define reporting dashboards for management and board review
Drive automation and process efficiency as the retail network scales
Team Leadership & Stakeholder Management
Build, mentor, and manage a retail finance team of 3–4 members
Work closely with retail operations, merchandising, supply chain, and legal teams
Act as the finance business partner to the retail leadership team
Qualifications & Experience
Chartered Accountant (CA) mandatory
10–15 years of experience, with significant exposure to retail finance
Prior experience in jewellery, luxury retail, fashion, FMCG retail, or QSR preferred
Hands-on experience with multi-store operations and/or franchise models
Strong understanding of GST and inventory-intensive businesses
Key Skills & Competencies
Strong commercial and analytical mindset
Experience building systems and processes from ground up
Ability to operate in a fast-scaling, entrepreneurial environment
High integrity and strong control orientation
Excellent communication and stakeholder management skills
Why Join Us
Opportunity to build the retail finance function from scratch
Be part of a fast-growing lab-grown diamond and jewelry brand
High visibility role with direct interaction with Group CFO and leadership team
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