Commercial Finance Manager

POSITION DESCRIPTION

1. POSITION DETAILS:

Position Title:

Finance Manager/ Functional – S&M Controller

Reports to Position:

India S&M Head

Department:

Finance

Work Location

Mumbai

2. OBJECTIVE:

Marketing Budget controller, Track Marketing budget and give provisions for same. Budget and Forecast for GCR and report carline profitability for same. Plan VME (Incentives) for carlines for both brands, track actual vs Budget .

Variance analysis. Support FP&A team on month closing. VME checking and releasing payments to dealers. Interacting with Dealers for multiple Queries.

3. JOB DIMENSIONS:

Number of People Supervised:

3 person

4. KEY ACCOUNTABILITIES:

Description

VME (Incentives/ Discounts)

• Month End Provision workings for Both Brands
• Tracking the Aging of VME for Both Brands
• Variance Analysis of Actuals vs Forecast
• Month End Reporting to Region
• Finance related calculations on the upcoming month offers for Both Brands
• Checking of Claims from Dealers & releasing payments to dealers

FME

• Month End Provision workings for both Brands
• Tracking the Aging of FME for both Brands
• Variance Analysis of Actuals vs Forecast
• Month End Reporting to Region
• Overall Budget Controlling for both Brands

Month Closing

• All Vehicle related Provisions workings for both Brands
• Month End Variance Analysis of Car line wise Profitability
• Month End Regional Reporting of Car line wise Profitability
• Support FP&A Team for Month Closing

Budgeting / Forecasting

• Preparation of Budget / Forecast Car Line wise for Both Brands
• Deck Preparations for Regional Reporting for Budgeting/ Forecasting

Pricing

• Preparation of Vehicle Pricing Proposal for Both Brands on basis of inputs / Business cases
• Complete Working of Approved Vehicle Pricing for Domestic / Export sales
• Updating Approved Vehicles Prices in SAP

Audit

• Handling complete Statutory, Tax, Internal Audit activity for Both Brands for FME, VME & Vehicle Pricing

Dealers Related

• Handling Dealer Queries and routing to Concerned person in organisation
• Timely resolving any other Dealer queries

Team management & process

• Driving team to achieve target and streamlining the process .
• Studying current process and identifying the possibility of automation
• Implementing best practices

5. COMMUNICATIONS & WORKING RELATIONSHIPS:

Internal:

External

6. Performance INDICATORS (INDICATIVE):

• Dashboard on Car Line Wise Profitability & FME
• Monitoring Dealer claims and reducing the TAT time of claim payment

7. QUALIFICATIONS, eXPERIENCE & SKILLS:

Qualifications/Skills and Experience:

Qualified CA/CWA with 5+ years of post-qualification relevant work experience.

Essential Skills

• Good communicator
• Advanced user of MS Excel, Powerpoint, must know SAP ERP

8. COMPETENCIES, CORE VALUES, BEHAVIOURS: -

• Ability to work cross-functional team, cross cultural team and at all levels of the organization.
• Good communication and Interpersonal skills