Financial Planning & Steering:
- DTBP/FC planning, analysis and clarification with line functions. Ensure targets are well understood and agreed by the biz. functions
- Business case/PR/new initiative evaluation and inclusion in the Plan
- Ensure minimal deviation against the plan. Work towards reducing overall expenses along with business functions
Analysis & reporting:
- Monthly financials analysis - Plan vs actuals & monthly transitions, Resource utilization, etc. Set-up structure for financials analysis. Highlight deviations in cost to line functions, support them to define countermeasures and periodically track progress of countermeasures. Address deviations in cost arising due to factors within F&C
- Prepare & align financial slides for Steco & other forums
- Clarify Audit queries & take corrective actions
Business partering
- Co-ordinate with business functions to understand the processes, KPIs
- Drive cost efficiency program along with business functions
Forum representation
- Understand topics and ensure logical decisions being taken especially for financials. Verify cost calculations and push stakeholders to optimize the cost. Push & monitor supplier recovery wherever applicable
Vendor Contract renewal
- Take part in vendor contract renewal exercise, ensure optimal rate negotiation. Align financial impact arising out of new rates
PR/biz. case approvals
- Ensure PR/biz. case are verified, challenge biz functions for cost reduction. Ensure timely approval
Provisions & utilization management
- Actively take part in Warranty rate planning exercise. Reassess provision requirement based on the planning outcome
- Review provisions & utilization against the plan. Regular update to management
Others:
- Identify automation and process improvement projects
Education
Bachelor in Engineering and Masters of Business Administration (Finance preferable)
Experience
10+ years of experience in business finance, financial analysis, warranty operations, customer services, production & manufacturing operations
Specific Knowledge
Exposure to Quality Management, Warranty Operations, Customer Services, Production or Manufacturing. Good working knowledge of SAP FICO module, expertise in MS excel & Powerpoint, good communication skills. PowerBI (preferable but not mandatory). Experience in costing, forecasting, reporting preferred.
