About the Role:
● The Manager - Finance is responsible for leading monthly financial procedures, develop pricing strategies, generating Management Meeting Analysis Reports, analyzing branch-specific P& L, collaborating for profitability enhancement, and preparing Annual Operating Plan statements while overseeing incentive verification.
● The incumbent will report to the General Manager - Finance. The incumbent will work closely with a cross-functional team, engaging with both internal colleagues and external stakeholders.
● A minimum of 5-6 years of experience in a comparable or related role is required.
Strategic Planning:
● Partner with senior management to design and execute strategic financial plans.
● Assess the financial impact of new projects, acquisitions, and expansion initiatives.
● Contribute insights to cost optimization, revenue growth, and resource allocation efforts.
Pricing Strategy:
● Develop pricing models for products and services.
● Use historical sales data and forecasts to determine price elasticity and profitability.
● Assess the impact of pricing changes on sales volume and margins.
● Collaborate with sales and operations teams to align pricing strategies with business goals.
● Optimize pricing structures for new and existing products/services.
Financial Analysis & Reporting:
● Collaborate with departments to compile Flash reports.
● Extract detailed P&L reports and prepare summaries for the Flash report.
● Identify and analyse significant monthly variances and trends.
● Develop forecasts for future months to guide strategic decisions.
● Regularly update forecasts as new data emerges, including commentary on cost fluctuations.
Branch Wise P&L
● Preparing a detailed branch P&L statement with headcount details and timely updating it in Google Sheets.
● Analysing branch-specific P&L statements and communicating with branches that have negative or low APBITA margins.
● Collaborating with branch managers to enhance the profitability of each branch.
● Resolving queries received from the branches every month
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Monthly Reporting
● Timely completion and submission of key KPIs (Branch Scorecard) to IT for updating in the Branch Score Card.
● Preparing and updating P&L slides for the Country Webinar and monthly reviews.
Annual Operating Plan (AOP)
● Support the budgeting and forecasting process for various departments.
● Ensure alignment of departmental budgets with company-wide financial goals.
● Prepare AOP P&L in function-wise detail
● Further prepare AOP for Branches
● Assist branches in understanding the basis and calculations behind the AOP figures
● Coordinate with Branch Managers, Regional Managers and General Managers to ensure the timely closure and finalisation of the AOP.
Salary and Incentive:
● Verify incentive calculations based on the existing schemes in place.
● Validate the salary register and analyse monthly changes.