Lead - Supply Chain Finance
2 months ago
About OLA:
OLA is a vertically integrated mobility group across products (personal mobility), services (ride-hailing and financial services), and technology (cell, software, autonomous, artificial intelligence) and building sustainable mobility for the world.
OLA ride-hailing is India’s largest mobility platform and one of the world’s largest ride-hailing companies, serving 250+ cities across India, Australia, New Zealand, and the UK.
The OLA app offers mobility solutions by connecting customers to drivers and a wide range of vehicles across bikes, auto-rickshaws, metered taxis, and cabs, enabling convenience and transparency for hundreds of millions of consumers and over 1.5 million driver-partners.
OLA’s core mobility offering in India is supplemented by its electric-vehicle arm, OLA Electric; launched in Aug 2021, and by Apr 2022 it was the #1 selling electric 2W company in the country. Currently, there are more than 250K scooters on the road, a number that is constantly increasing. With control of technologies end-to-end, D2C model, and product roadmap to address consumer needs of personal mobility across price segments and form factors, OLA Electric is disrupting traditional automobile OEMs in the country.
OLA also extends its consumer offerings like micro-insurance, credit-led payments, and other financial products through OLA Financial Services which complements both ride-hailing and EV business.
Roles and Responsibilities :
- This role will provide financial leadership for the Supply Chain function in GTM month end close process, monthly forecasting and annual planning process,review of contracts for commitment and contingencies disclosure, and inventory audit process.
- Develop an effective operations and production forecasting process, interlinked with a sales forecast, which can be incorporated into the overall Company-wide financial forecasts
- Identify / source and execute cost improvement initiatives in the Supply Chain to reduce inefficiencies and waste throughout the value chain. Challenge the status quo and provide fact based insights to improve business performance.
- Establish/ Examine accurate forecasts for Finished Goods inventory values and production plans, in cooperation with the Supply Chain teams.
- Opex and Capex control: Control over, Outbound Logistics cost, Budgeting, Forecasting & MIS, Quarterly Roll Forward, Capex case Evaluation & capitalization
- Inventory Management: Inventory Levels, Slow/Non-moving/Obsolete inventory analysis and control, Inventory Variances Controls, Inventory audits and physical verification
Qualifications, Experience & Skills :
- Master’s degree in business administration in finance from a Top B-schools or CA
- 10 - 15 years of rich experience in managing a similar role
- Exceptional leadership, time management, facilitation, and organizational skills.
- Interpersonal communication and team management
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