Business Finance Head

1 month ago


Chennai, India iimjobs Full time

Business Finance Head


Candidate Profile:
- Proven experience in the related department

- Visionary, strategic, future focused leader who motivates team, encourage, inspire, embrace collaboration and

- Proactive planner who holds integrity and honesty, proficient at communication and relationship management

- Must have held leadership positions like sports captain, class representative, student union leader, NSS leader, club secretary or cultural leader, etc.

- Active involvement at strategizing future business plans, competitor analysis and benchmarking, finance operations, taxation, P&L, MIS, business economics, automation of processes, economic assessment, audit, governance, and other related matters

Job Description:

- Prepare, compile, and analyze monthly financial reports, including income statements

- Collaborate with relevant departments to gather data and ensure accurate reporting

- Implement effective credit control procedures to manage credit risk

- Highlight key financial trends, risks, and opportunities, enabling the Board to make informed strategic decisions

- Manage cash flow through accurate cash flow forecasting

- Develop and maintain costing sheets for products or services

- Monitor accounts receivable aging and manage bad debt provisions. Initiate write-offs

- Take ownership of the end-to-end order to cash process

Roles and responsibilities:

Strategic:

- 3 years business plan - SBU/BU

Benchmarking exercise:

- Gap identification

- How to fill Gap

Competitor Analysis:

- Gap identification

- How to fill Gap

Commercial - Pricing:

- Tax (Direct and Indirect Tax)

Operational:

- Submission of 100% quality and on time reports of daily/weekly/monthly

- Collaboratively work with CEO/CFO

- Increase Gross Margin

- Reduction of WC

- Operational Efficiency

- Exceptional/ Actionable points to CEO on Practice Basis for improving efficiency

- MIS on 1st of every month as the 1st report & 100% Quality

- Latest Estimate (LE) - P&L / Balance Sheet/ Cash flow

- Unit of Economics of Revenue Per Employee (RPE)/ROCE

- Improving OLC pro



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