Business Unit Director Joint Ventures

8.0 - 13.0 years

10.0 - 15.0 Lacs P.A.

Chennai

Posted:1 week ago| Platform: Naukri logo

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Skills Required

chineseproject managementcost optimizationperformance managementcrmstrategic planningcommunication skills

Work Mode

Work from Office

Job Type

Full Time

Job Description

At Visteon, the work we do is both relevant and recognized—not just by our organization, but by our peers, by industry-leading brands, and by millions of drivers around the world Thats YOUR work And, as a truly global technology leader in the mobility space, focused on building cross-functional AND cross-cultural teams, we connect you with people who help you grow So here, whatever we do is not a job Its a mission As amulti-billion-dollarleader of disruptive change in the industry, we areshapingthe future, while enabling a cleaner environment No other industry offers more fast-paced change and opportunity We are in the midst of a mobility revolution that will completely change the way we interact with our vehicles, reduce the number of car accidents and fatalities, and make the world a cleaner place Visteon is at the epicenter of this mobility revolution Two major trends in the automotive industry the shift to electric vehicles and vehicles with autonomous safety technologies have created unique opportunities for Visteon We are the only automotive provider focused exclusively on cockpit electronics the fastest-growing segment in the industry And our team is ready for YOU To show the world what you can do The mission of this role: As the Business Director, your mission is to provide strategic business leadership and guidance to the JV operations You will partner with the JV partners, Board of directors of the JV, Business development, procurement, finance leadership in Visteon India/APAC, to drive business growth, financial performance, achieve business objectives, and support the overall success of the organization at the same time of serving customers with excellent technologies and products You will lead a diverse business/operations team responsible for various functions, ensuring that business decisions are driven by actionable insights and aligned with the company's key leadership principles Scope of the role: As the business leader and a member of JV leadership team, you will oversee multiple business functions, including business development, Sales, commercial Finance, Plant Finance, Operations, Procurement (dotted line), quality while working closely with the Joint venture partners Your scope will encompass business development and operations for the entire JV company and will be instrumental in delivering the company's financial results through decisive actions and effective business planning Accountabilities and Success MeasuresKey accountabilitySuccess measuresFinancial Performance ? Drive and optimize the JVs financial performance by analyzing market trends, sales data, and cost factors ? Develop strategies to maximize revenue, control costs, and improve overall profitability ? Monitor and control capex spending as well as MFG operation spending to meet the size and growth speed of business ? Provide financial insights and recommendations to support business decision-making ? Achievement of revenue, profitability and cashflow targets for the region ? Successful implementation of cost control measures and efficiency improvements ? Positive contributions to overall business performance Business Development? Lead the JV business development/commercial activities, collaborate with engg teams to develop customer quotes, win business, with existing and new customers ? Develop short term and long-term business plan with JV partner to grow the business ? Manage business equation for the JV to enhance profitability ? Achieve regional NBW targets with a path towards profitability target ? Explore and penetrate new customers in Automotive Tier-1/customers JV relationship? Partner with JV for short term and long-term business goals and to drive efficiencies and cost reductions in the development and production processes ? Report business results, achievements and strategy for business growth to JV BoD ? Cordial relationship with JV partners? Timely and qualitative reporting of business results with clear roadmap actions ? Team Leadership? Lead and develop a high-performing team to achieve departmental goals ? Foster a culture of continuous improvement, collaboration, and accountability ? Lead and develop a high-performing team to achieve departmental goals ? Foster a culture of continuous improvement, collaboration, and accountability ? Empower team to be proactive in delivering and learningOther business Operations Responsibilities? Lead and direct team for various statutory and local legal & statutory compliance related activities ? Compliance with all legal/ statutory requirement Key experience required, Bachelors degree in engineering with MBA from reputed institution, with min 18-20 years of experience, Proven experience (minimum 8-10 years) in Business development leadership roles, preferably within a multinational company, JV companies Strong track record of business development, customer relationship management, financial performance management, cost optimization, and strategic planning, in manufacturing industry (must) (auto-parts industry preferred) (experience in display/optics industry, Chinese JVs is a plus), High level of integrity, Experience in managing diverse functions and multi-cultural environment, Experience in matrix organization, guiding cross functional business leaders, stakeholders as well as external agencies, with speed and agility in operations (project management experience preferred) Technical and Functional Competencies Business development, Commercial finance and pricing strategies, Business planning, budgeting, and forecasting with strategic view as well as short term focus, Financial analysis and performance management, Risk management and compliance, Leadership and team development, leading teams in different locations Effective communication skills and ability to influence decisions, Leadership Principals and Behavioral Competencies? Lead from the front: Demonstrates leadership by setting a positive example, making informed decisions, and taking ownership of results ? Inspire change: Embraces innovation, drives continuous improvement, and fosters a culture of adaptability ? Build strong teams: Develops and empowers teams to achieve their full potential and fosters a collaborative and inclusive work environment ? Lead the market: Drives the organization to be competitive and market-leading by identifying opportunities and strategically positioning the business ? More Good Reasons to Work for Visteon Focusing on the FutureOur company strategy focuses on leading the evolution of automotive digital cockpits and safety solutions This strategy is driven by constant innovation, and you will support our efforts through your role We are recognized across the industry for innovation We have a strong book of business that is expected to drive future growth, along with a customer base that includes almost every automotive manufacturer in the world pany CultureWorking at Visteon is a journey in which our employees can develop their strengths and advance their careers while making a difference globally Join us and help change the world and how we interact with our vehicles Visteon is where the best technical talent creates the future Learn more about our culture here About VisteonVisteon is a global technology company serving the mobility industry, dedicated to creating a more enjoyable, connected and safe driving experience The companys platforms leverage proven, scalable hardware and software solutions that enable the digital, electric, and autonomous evolution of our global automotive customers Visteon products align with key industry trends and include digital instrument clusters, displays, Android-based infotainment systems, domain controllers, advanced driver assistance systems and battery management systems The company is headquartered in Van Buren Township, Michigan, and has approximately 10,000 employees at more than 40 facilities in 18 countries Visteon reported sales of approximately $2 8 billion and booked $5 1 billion of new business in 2021 Learn more at visteon Follow UsFor more information about our company, technologies and products, follow us on LinkedIn, Twitter, Facebook, YouTube and Instagram You can also follow our careers-focused channels on Twitter and Facebook to keep up with our latest job postings and the great work our employees are doing, Show more Show less

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