Manager - Finance Business Partner
Job Requirements
Job Purpose:
The desired candidate needs to work in close coordination with the business team. This position will be supporting business to prepare business plans, track monthly plan vs actual performance , process simplification, evaluation of budget proposals capex / Revex and multiple business analysis with an objective of optimizing costs and maximizing revenue.
Position Overview:
Location: Chennai
Position Title: Manager - Finance Business Partner
Reports to: Lead - Finance Business Partner, India Motorcycling
Function: Financial Planning & Analysis
What you’ll do:
Working with Business team to create Business Plan [SBP Cycle] and [forecast]
1. Regional Profitability trend and analysis - Co-ownership along with zonal and regional business heads
2. Comparative analysis of Regional diversities and identification and ensure best practices for performance improvement of regional Profit & loss for all parameters like volume, GC%, EBITDA%, Fixed cost, Variable cost, Distribution cost, Marketing spend & Incentives
3. Timely Settlement of credits and recoveries for stakeholders (Dealers and regional vendors) -
4. Timely Billing /Settlement of claims /Incentive/vendor payment, Finalization of vendors along with negotiations at the regional level
5. Dealership performance review for commercial aspects - Dealer Profitability Analysis and identification of initiatives for improvement
6. Dealership Appointment and Termination - Business partnering - Involvement in dealership appointment and termination process to ensure smooth process flow
7. Identification and ensure Automation in Business procedures to save time and cost
• S&OP Billing/Replenishments - ensure smooth implementation
• Old VAT cases/ VAT assessment
• Facilitation of clearance of TRAN-1 to enable RE credit
• Review of Business process and automation to save time and cost
• Billing coordination
• Dealer Reconciliation
• Transit Claim
• Billing coordination
• Day to day operations & revenue reporting
8. Dealership issues identification and ensures its resolution - Active engagement with dealers for identification of financial procedural issues and their resolution by coordinating with relevant stakeholders
+. Understanding Revex / Capex Requirement and proposal evaluation
10. Listing down key business initiatives for SBP Year
11. Business case
12. Monthly Plan vs Actual variance Analysis and deriving deep insights
13. Preparation and Analysis of Business forecast - short term long term
14. Fixed overhead and Capex Tracking
15. Monthly Business Scorecard Reporting
16. Participating with Monthly Business Review with Business Heads
17. Pricing framework and decision support
18. Evaluation of Incentive Schemes and proposing recommendation in line with business needs
1+. Purchase requisition validation and recommending approvals
20. Participating as Finance CFT member for key Business Initiatives
21. Major Vendor/Customer Support issues - Coordination with controllership team for smooth resolution of business issues / queries
22. Prepare Progress on business initiatives and linking it with business benefits
23. Coordinating with central act and finance teams to resolve any issues for the business
24. Setting up Working Capital norms - Tracking Actuals
25. Process Key Notes Creation
26. Developing Product Profitability Charts - Growth / GC Matrix using Power BI for Data Analysis
27. Monthly / Quarterly / Yearly Provisions
28. MIS Analysis and ground insights - Trend Analysis and understanding of - Enquiry, Booking, Wholesale and Retail, Studio store performance, Test Ride analysis Booking cancellation, Booking to retail time cycle review, Competition trend, and analysis
2+. Identification of business drivers - Retail Finance, Ideal Product Mix, Retail Finance, Lost customer potential revenue, Working capital cycle for dealers and its improvement, Growth trajectory analysis for Spares, GMA, apparel, and soft products and improve its penetration
30. Budget and cost optimization - Ensure Optimum budget allocation and utilization of the same in cost efficient and effective manner
31. Manage commercial activities at company owned brand stores, workshops and depots
What you'll bring:
Experience:
• 7-10 years of Experience.
• Hands on Exposure in SAP
• High level of understanding of financial statements and interpretations of financial statements
• Expertise in Using Google applications of spreadsheet/ document/ slides / google data studio
• Good Communication Skills
• Working Exposure in Major Auto OEM
• Urge of Learning /Ability to handle multiple projects
• Strong Analytical Skills
• Ability to handle timely delivery pressure
Qualification:
• CA(Chartered Accountancy)/ICWA(Institute of Cost and Works Accountants of India)
Ready to Join Us?
Apply via our website today. Join our trailblazing team and be a part of our legacy! “So why wait? Join us and experience the freedom of embracing the road, riding with pure motorcycling passion.”