CFO - Supermarkets

Role Overview

We are seeking a strategic and results-driven Chief Financial Officer (CFO) to lead our financial planning, analysis, and risk management efforts. As a key member of the executive leadership team, the CFO will guide the companys financial strategy to support growth, ensure compliance, and maximize profitability.

Responsibilities

- Develop financial strategies to support retail expansion, supply chain optimization, and margin improvement

- Lead annual budgeting, forecasting, and long-term financial planning

- Align financial goals with sales, operations, and procurement functions

- Monitor gross margins, product-level profitability, and cost of goods sold (COGS)

- Identify areas to reduce costs in procurement, warehousing, logistics, and in-store operations

- Drive pricing strategy and discount policies in collaboration with commercial teams

- Oversee cash flow to ensure liquidity for operations, supplier payments, and stock replenishment

- Manage working capital (inventory, receivables, payables) closely to avoid cash lock-ups

- Optimize payment terms with suppliers and collection cycles with customers (for B2B distribution)

- Partner with operations to improve inventory turnover and avoid overstock or stockouts

- Analyze data to minimize holding costs and maximize shelf productivity

- Support technology adoption (e.g., ERP, inventory management tools) to gain real-time visibility

- Track financial performance by store, region, product category, or channel (online/offline)

- Measure and improve ROI on marketing, promotions, and store expansions

- Benchmark performance against competitors and industry KPIs

- Ensure timely and accurate financial reporting (P&L, balance sheet, cash flow)

- Maintain compliance with VAT, audit requirements, and local financial regulations

- Liaise with external auditors, tax consultants, and regulatory bodies

- Champion digital transformation across finance, POS, warehousing, and procurement

- Leverage data and analytics for smarter forecasting, pricing, and demand planning

- Ensure tight integration between finance systems and retail/distribution platforms

- Work closely with the CEO, COO, and Commercial Directors on strategic decision-making

- Lead and develop finance teams including FP&A, accounting, and procurement control

- Advise on M&A opportunities, new store locations, or market entry strategies

Requirements

- Bachelors degree in Finance, Accounting, or related field 

- 10+ years of progressive finance experience, with at least 5 years in a senior leadership role

- Strong knowledge of corporate finance, financial modeling, and regulatory frameworks

- Proven experience in budgeting, cash flow management, and strategic planning

- Excellent leadership, communication, and stakeholder management skills

- Experience in Retail Groceries/Supermarkets

- Familiarity with ERP and financial management software