Masters in Business Administration with a finance specialization is preferred.
Minimum of 15-20 years of relevant experience in financial planning and analysis.
Strong proficiency in MS Excel, Power BI, and familiarity with MS Dynamics is advantageous.
Requirements:
Oversee financial planning, analysis, and MIS reporting activities.
Manage budgeting processes and coordinate with stakeholders for forecasts.
Lead business partnering efforts, including project profitability analysis and strategic decision support.
Supervise commercial finance activities such as collections, AR reconciliation, and contract review.
Job description
Key Roles and Responsibilities: Financial Planning, Analysis & MIS
Budgeting
Collaborate with management, functional leaders and key stakeholders for annual budget preparation
Efficiently assessing budget plans, presenting costs to forecast trends and then updating the monthly rolling forecasts accordingly
Reporting & MIS
Month end reports; Coordinating month end reporting, including preparing journals and closing the books in line with the reporting standard framework
Responsible for timely MIS reporting to the Regional Finance team
Performing quarterly reviews of balance sheets and cash flow statements, ensuring reconciliations with books of accounts
Timely reclass of prototype cost to projects and providing reports to sales on advertisement spending
Developing detailed business reports and dashboards for departmental heads and emphasising variance, trends, and ratio analysis with the previous year and with budget, forecast, and insights
Updating Quarterly reserves review template for the Corporate team after coordinating with the stakeholders
Responsible for timely MIS reporting to the Regional Finance team
Ensuring proper accounting controls for recording of transactions
Business Partnering & Analysis
Ensuring projects are closed within time and accuracy of accruals
Carrying out creditworthiness analysis of dealers and competitors on required basis
Effectively tracking project profitability with a focus on material actual cost to standard cost as per BOM, labour costs, variable overhead, and comparing freight with expectations
Utilising NPV, IRR and discounted payback methodologies to conduct cost benefit analysis for capex project to seek approval for RFE
Analysing monthly results with targets and formulating commentary for the leadership team
Adeptly tracking Cash Conversion Cycles, DSO, DIO, and DPO days vs budget, as well as formulating commentary
Review of project profitability, comparing estimated material, freight and gross profit margins with actuals and investigating reasons for differences,
Adhoc analysis reports like project analysis, trend analysis, difference scenario P&L analysis for the Management
Supporting and challenging the strategic and financial priorities through Business Partnering and supporting decisions that will maximise financial performance
Commercial Finance
Responsible for Collection Across India. Supervise & support all managers and team handling commercial activity.
Ensure SOPs are followed by team and documents are in place.
Ensure regularization of customer deposit.
Manager A/R reconciliation with the clients, handle directly wherever required along with the respective finance members.
Guide and support in Internal & External Audits.
Ensure robust mechanism for review & control on the Bad debts and correct provision in books.
Review treasury report for AR ageing & keep management and regional team updated on periodically.
Support Sales team in review of PAM , Quote for major project.
Guide finance team for B2B , HSS processes.
Review contracts terms with clients, for regular contracts, title transfer and revenue booking as per SOP & align with legal team.
Guide on resolving Quality and documentation related issues with operations team, raised by clients.
Support team on BG issue & guide on banking related documentation.
Negotiate with Admin, D & I vendors for non-general Quote
Manage all RFE related to India offices.
Prepare working Capital & Cash in flow forecast and align with Operations team in shipment forecast
Ensure sales is accurately recognized as per Company policy / US GAAP.
Job Requirements and Qualifications
Chartered Accountant. In addition, Masters in Business Adminitstration from a reputed institute, specialising in finance, will be preferred.
Must have minimum 15 -20 years of relevant experience, and strong knowledge of O2C process and hands on experience in financial planning and MIS.
Be an expert in MS Excel and Power BI and should have strong analytical skills and ability to present data for management decisions.
Must have lead a team of professionals
Excellent communication skills, data driven approach and business partnering mind set
Ability to work under agile work environment and comfortable with ambiguity.
Experience of working on MS Dynamics will be a plus.
Ability to deal with conflicting priorities and work with aggressive deadlines.
