About The Company
Tata Communications Redefines Connectivity with Innovation and IntelligenceDriving the next level of intelligence powered by Cloud, Mobility, Internet of Things, Collaboration, Security, Media services and Network services, we at Tata Communications are envisaging a New World of CommunicationsBroad objective of the role Objective of this role is to provide business finance support This role is responsible for Drawing short range/ Long range plan, creating and driving forecast, pricing, creating business cases, driving PIIR, reporting and Analytics for the said BU. Responsible for driving actual business performance Minimum qualification & experience Experience in finance Other knowledge/skills Knowledge of financial practices (planning, pricing etc.), functional knowledge for different products KEY RESPONSIBILITIES 1. Business Support on Planning, Forecasting Create Short range outlook, Long range SPP and AOP with product team, interlocking with sales and other cross functional teams for respective function Lead and guide team to prepare AOP for each product with due diligence and right revenue estimation Engage, interlock and drive AOP, SPP discussion at Product level for Gross and Net Revenue. Conduct periodic review with business on monthly, quarterly performance against AOP and prior period Monthly outlook preparation for Gross revenue and Net revenue based on existing run rate business, Churn, Expected Order closure from funnel and conversion. - Timeline - Quality of Forecasting 2. Pricing Support Responsible for Creating price book for all products based on opex and capex spent on products. Create discount delegation on price book based on market reality to increase velocity by interlocking price book with Commercial, BD and Product teams. Drive and lead solution discussion from cost optimization perspective. Responsible for giving input on allocated opex and capex. Participate in bid calls, reverse auction, solution calls to provide input on cost, analysis based on past experience with product and deals. -Deal winnability 3. Cost Management (Opex and Capex) Lead and review actual costs, variance and trend analysis against AOP with functional owners and senior leaders; Review variance with accounting department and business teams to ensure due diligence has been done in cost booking; Monitor and facilitate actual posting of savings from cost savings projects; Drive and guide business teams to regularly monitor costs; Jointly assess cost savings ideas for their potential; Drive special projects to get costs savings to meet AOP projections and limit the variance; Participate in project team discussions to provide cost linkages to revenue; Guide team to automate costing processes to avoid manual intervention of allocation. Linking customer revenue to direct cost by enabling customer wise gross margin to enable corrective actions on renewals ( with customers and vendors) Create and track actual performance for Capex intensive business cases. Work with product team on corrective action. Drive creation of business case (both existing expansion and new product) including product & engineering, Play challenger role at the time of business creation by reviewing and validating business case assumption on market size, growth, cost ramp up, overhead absorption, time to implement etc. Further review actuals performance against approved business case and drive corrective actions to mitigate variances. -Cost savings v/s projection - AOP adherence - Business case tracking 4. Reporting and Analytics Detailed Reporting and Analytics for vertical, including variance vs AOP, Outlook and previous period. Working with business leaders on identifying variance and work on corrective actions to reduce variance. Cost reconciliations against active customers or contracts to drive customer wise profitability. Product, sub product level analytics and reporting Timelines of reporting 5. Strategic Support Lead financial process for any M&A evaluation (Due diligence) within vertical. Front end discussion with Strategy, Product on synergy and standalone investment case Work closely with other finance teams (Tax, treasury and FRC) for any financial requirement. -Adherence to process, policy and timelines 6. Team Development Regularly review team structure and assess talent requirements; Participate in recruitment and selection process; Conduct goal setting and performance review for the team; Drive team development, engagement and reward initiatives; Coach and mentor team members as required and ensure resolution of any people issues. - Team engagement - age attrition - Manpower cost and productivity
