Finance Manager
Aditya Birla Group
Date: 3 weeks ago
City: Thāne, Maharashtra
Contract type: Full time
Key Result Areas (Max 1325 Characters)
Supporting Actions (Max 1325 Characters)
Business Planning, Budgeting & MIS framework design
Business Strategy Refinement
Supporting Actions (Max 1325 Characters)
Business Planning, Budgeting & MIS framework design
- Design and finalize a framework for annual business planning and budgeting in consultation with the finane head and senior management
- Establish a process of finalizing and analyzing business plans, interfacing with different functions and collating the required information in a structured manner so as to enable a detailed operating plan.
- Establish and roll-out a systematic process for compiling business plans and planned budgets in an efficient manner, to enable subsequent analysis and MIS tracking.
- Liaise with relevant business stakeholders to devise and finalize branch profitability models.
- Design and disseminate MIS & reporting formats to provide accurate information in a clear and concise manner, ensuring adoption and adherence for standardized reporting across the organization
- Carry out an impact assessment of key business strategies and provide inputs accordingly to senior management.
- Hold periodic meetings with function heads and budget holders to review progress on business objectives and budgetary adherence, highlighting areas requiring attention/ course correction
- Build insights through data analytics, sensitivity analysis, scenario building and other tools, to provide decision support to key stakeholders and business leaders
- Create/ Review relevant Business MIS for regular decision making, awareness and financial control, providing information to senior management/ management
- Create/ Review quantitative and qualitative variance reports of Budgets Vs Actuals and present to budget holders and management
- Highlight key exceptions, variances, etc. with details and record the actionable against them, if any; track completion of finalized action steps
- Create a repository of all critical reports, information and MIS generated during the course of the business year
Business Strategy Refinement
- Conduct periodic/ on-demand competitor analysis, industry and macro-economic research and make presentations to management on key trends and factors impacting current and future business
- Track progress against medium and long term strategic goals in the context of the evolving market scenario, and present key insights to management/ business leaders for strategy re-alignment and refinement
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