Dy Manager-Strategy-Engineering

2 days ago

Pune, Maharashtra, India Walchandnagar Industries Ltd. Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Strategy Team Member Engineering & Finance

Location: Pune

Department: Corporate Strategy

Reporting To: Chief Strategy Officer

Job Summary:

Walchandnagar Industries is seeking a highly motivated and analytically adept Strategy Team Member with a dual background in Mechanical Engineering and Finance (CA or MBA Finance) to join its Corporate Strategy team. The ideal candidate will contribute to high-impact strategic initiatives by combining technical engineering insights with deep financial analysis. This hybrid role bridges operations and finance, ensuring business decisions are data-backed, cost-efficient, and aligned with long-term corporate goals. The candidate will play a critical role in capital allocation, financial modeling, business analytics, investment evaluation, and supporting transformation projects across business units.

Key Responsibilities:

  • Partner with leadership and department heads to develop business strategies, annual operating plans (AOPs), and long-term investment roadmaps.
  • Conduct integrated financial and operational analysis on existing and proposed projects (ROI, NPV, IRR, Payback).
  • Support capital expenditure planning, budgeting, and tracking mechanisms for large-scale initiatives.
  • Evaluate business diversification opportunities, pricing models, product profitability, and breakeven studies.
  • Lead data gathering from engineering and finance functions to build dynamic forecasting models and dashboards.
  • Assist in working capital optimization, margin enhancement projects, and asset utilization studies.
  • Prepare board-level reports, strategy documents, and financial presentations.
  • Support mergers, acquisitions, JV, and strategic partnership evaluation through due diligence and synergy assessments.
  • Monitor market trends, customer behavior, input cost changes, and competitive moves impacting financial performance.
  • Coordinate with legal, tax, and risk functions during strategic transactions.
  • Drive cost transformation and zero-based budgeting reviews across cost centers.
  • Actively contribute to SAP/ERP financial module upgrades, business analytics tool implementation (Power BI/Tableau), and finance digitization projects.

Qualifications & Experience:

  • B.E./B.Tech in Mechanical Engineering (preferred) with either Chartered Accountant (CA) certification or MBA in Finance from a reputed institute (mandatory).
  • 46 years of combined experience in corporate strategy, FP&A, business finance, or operations analytics within a manufacturing, EPC, or capital goods industry.
  • Solid understanding of costing, financial reporting, budgeting, and Capex control.
  • Proficiency in financial modeling, advanced Excel, PowerPoint, and reporting automation.
  • Experience with SAP FICO module, ERP integration, or Power BI/Tableau dash boarding is highly desirable.
  • Prior exposure to cost transformation, pricing analysis, and investment evaluation.
  • Excellent analytical thinking, attention to detail, and ability to communicate across functions.
  • Ability to multitask, work with ambiguity, and manage deliverables in a fast-paced environment.
  • Strong business acumen and stakeholder management capabilities.
  • Willingness to travel occasionally to project sites and plant locations as part of strategic reviews.

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