Manager - Finance | Thane

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.

Requirements:

Educational Qualification / Other Requirement:

● MBA in Finance

● ICAI Intermediate

● Excel & Google Sheets

● Verbal & Written Communication.