Business Finance Manager

4 years

0 Lacs

Posted:16 hours ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

About Ample:

With a rich legacy spanning over two decades in enterprise and premium retail, Ample stands as a forefront technology and premium retail leader in India. Our enterprise business addresses the intricate technology needs of corporate clients, while our retail outlets cater to the individual consumer's desires.

A trailblazer in IT retail, Ample introduced Imagine in 2004, India's pioneering store dedicated to all things Apple. Our retail footprint extends across India through more partnerships with esteemed brands like Bose, Under Armour, and ASICS. Presently, we operate a network of 100+ stores spread across 30 cities, serving the diverse needs of over 1 million retail customers.


In the enterprise domain, we deliver comprehensive end-to-end device lifecycle management and tailored technology solutions to a clientele exceeding 1500 customers. By merging innovation with profound industry expertise, Ample provides clients with bespoke solutions, empowering them to attain a competitive advantage in their respective business landscapes.


Key Role Responsibilities:

Revenue Assurance and Commercial Analysis:

  • Develop and maintain revenue assurance frameworks, ensuring timely claiming and collection of entitled revenues from Business partners and payment aggregators.
  • Review & negotiate commercial terms in contracts to extract best economic value to the Organisation.
  • Evaluate new partnerships and Investment Proposals from ROI & strategic alignment perspectives, to support informed decision-making.
  • Periodic ROI testing and reporting of new investments against original plan.


Business Partnering:

  • Advisory and Analytical support to Business Units and representing business in the commercial engagement with the finance organisation.
  • Lead the periodic business review and oversee the execution of actionable identified
  • Review and recommendations for right pricing and discounting models on products and services.
  • ROI testing and recommendations on Marketing Investments and Budgets
  • Design and recommend right employee Incentive models and track ROI


Receivables Management:

  • Monitor stock and receivables, optimizing working capital consumption and overseeing the collection process.
  • Monitor and ensure adherence to contractual obligations with Business Partners
  • Design and maintain credit control framework (Grading, Credit limit/Period etc.) for enterprise customers, periodic review and oversee compliance.


Financial Planning and Budget Management:

  • Finance Lead in developing of annual budget of Group business units and Long-Term business Plan; by providing necessary data inputs and recommendations.


Vendor Management and Payables Oversight:

  • Manage payable accounts with business partners, ensuring best credit terms, timely payments and resolution of conflicts regarding terms and conditions.
  • Overseeing Trade procurements from a commercial and liquidity perspective.


Management Reporting and Analysis:

  • Oversee management reports generated by the FPNA team, ensuring accuracy and relevance in business vertical performance reporting.

Provide timely inputs and data supply for new projects, supporting informed decision-making in financial planning and analysis.


Process Enhancement and Team Leadership:

  • Drive automations/process enhancements for revenue assurance/control and enhanced service delivery.
  • Lead conflict management efforts, resolving contradicting views and ensuring alignment with business objectives.

Provide leadership and guidance to the team, fostering a high-performance culture and arranging necessary training for team members.


Key Result Areas:

  • Zero - Revenue leakage, Credit loss, Deviations from credit/payment terms with vendors and penal charges
  • Right investment recommendations and support to business
  • Timely interventions and course corrections for AOP compliance for Business
  • Minimum value locked in stock and receivables.
  • Minimum Credit Exposure for Business
  • Accurate management reports and MIS
  • Compliance to sanctioned budgets


Education:

Experience:

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