Posted:2 weeks ago| Platform:
Work from Office
Full Time
At Frontier (30+Yrs) we have aggressive & exciting initiatives running across the company as we prepare for growth in areas like Cloud, Gen AI, Hybrid IT etc. We have a strong solutions portfolio (partnering with the who's who in the industry) & an inclusive culture with strong adherence to our values. https://frontier.in/our-values/ We're looking for a "Head - Business Finance" working with the Founder/CEO to help in monitoring & managing multiple areas. The incumbent will be a valuable business & strategic partner to the Founder/CEO to drive strategy, organizational & operational decision-making using the companys financial context. P articipates in reviews & meetings (internal & external OEM's), help brainstorm & ensures speedy implementation of ideas as timing is everything in this fast-paced IT World . He should be able to translate detailed data into clear, concise & actionable tasks. Should constructively challenge Sales, Commercial & Operations teams, ensuring that business decisions are grounded in solid financial criteria. Be able to identify opportunities for top-line growth & profit improvement, not just through cost control, but through processes such as product line/regional profitability analysis. He should be a visible leader & an influencer with an opportunity to help Frontier seize essential advantages by working alongside business leaders to solve their toughest problems & capture their greatest opportunities. We strongly believe that a person who executes this role well could over the years become a COO Looking for people who just solve problems without even being asked to solve problems. Curiosity is mandatory to solve complex business issues from strategy to execution. Don't just send in your CV. Write back to us (in bullet points) telling us why youre the right person for this job. The ideal candidate should necessarily have Business acumen, the ability to fix gaps & design, build new processes, exhibit a high degree of inter-personal skills as he/she works with leaders across the organization. And yes! You need to communicate smart & understand Exception reporting! Given the exposure, the canvas to play upon, the need to keep learning new things very fast, lets face it the role can be daunting for some. Those who are passionate about what they do & hence deeply invested, who know how to be patient, especially with uncertainty. will find this role exciting as this exposure will serve as a great stepping stone in their career. If you are an MBA /CA it helps & if no & believe that your MBA comes from your work experience then that's fine. Age no bar (assuming your young at heart). Salary? Depends on what you bring to the table (In the past it ranged between 40-50 Lacs/annum ++ ) . Of course you will need to link a part of the same to performance (there are no free lunches remember after all in management you don't get paid to only report / discuss problems ..... you get paid to fix the same ! ). Interested? then write in to careers@frontier.in. This person should have been on board yesterday Key Skills we are looking for: Proficiency in financial modelling, budgeting, and forecasting. To be an effective business partner, you must have leadership, communication, interpersonal & influencing skills that are necessary for dealing with both internal & external stakeholders. Ability to work independently and as part of a team. Strong analytical and problem-solving skills to manage volatility and complexity. Humility & zero ego. Flex approach to meet the changing needs of teams and clients. Give advice & counsel as well as provide a voice of reason. Communicate with empathy and adapt communication style to meet the needs of the situation and audience. Embrace different points of view and welcome opposing and conflicting ideas . Conduct self in a professional manner and take responsibility for work and commitments. Take action to stay current with new and evolving technology. Use tools, techniques and firm standard methodologies to support research, analysis and problem solving. Handle, manipulate and analyze data and information responsibly. Based on the candidate's experience, he/she will lead a team & the role could cover some or all of following areas Takes responsibility for the company’s growth by helping Business (& Regional) Heads build & monitor Business & Financial Plans. Understand key metrics about the business’s strategy and performance & important milestones to reach the envisaged objectives. Analyse Margins by product, customer, segment, then overall performance & people productivity of each Business Unit /Region, identifies trends & provides insights & financial guidance to Business heads to improve decision-making & support strategic initiatives. Each SBU should have a P&L and operational metrics which need to be reviewed on monthly basis & agree on glide path if there are any gaps In tandem with business analytics team, Manage complexity & drive productivity. Raise the game in managing, analysing & presenting data in a way that yields desired output from Sales & Support functions. Ability to deliver (what business needs) rather than a narrower focus on its efficiency. Develop a strong understanding of the company's business model & the industry & be able to use this knowledge to provide an independent perspective & to constructively challenge the Sales, Operations & commercial teams, ensuring that business decisions are grounded in solid financial criteria. Ensuring Financial Growth, increasing profitability by increasing gross margins / Increasing Company Valuation by understanding where to invest 1 & where to cut 1 Ensuring the Company continues its excellent credit rating Strategic Financial Planning / Budgeting: Oversees Preparation of Annual Financial & Operating plan, including budgeting, forecasting & financial planning. Analysing financial data (budgets v/s Actuals). Actual Performance, variance analysis & suggesting corrective action (this should be proactive & not reactive) & constantly ensuring alignment with business goals. Create a cadence of monthly reviews with the functional heads who are responsible for various functions. Mutually agree to monthly & quarterly metrics to be achieved / Create templates for review of performance / Set up cadence of weekly, fortnightly and monthly meetings (as need be) to drive performance at various levels, Create monthly financial dashboard SBU Wise / Create forecasting framework for the business on a rolling monthly basis depending on the sales funnel size & other factors Introduction of budgets & profit monitoring systems to monitor & correct performance to achieve pre-set goals. Providing financial reports to the Management. He should be able to translate detailed data into clear, concise & actionable tasks. The Management. Dashboard should clearly indicate intelligently relevant items like Income statement, Cashflow, Revenue mix, Functional budgets, SBU wise profitability statements, AR & AP ageing etc Review of business process, Sales & Execution . Support functions should have a clear understanding of how they impact the SBU P&L and how they can help improve it. Finance business partner should play a major role in operationalizing these reviews Mentoring Start-up’s within the organisation. / Assistance in re-structuring of business, etc. Managing the company's money Working Capital Management & managing the team responsible for Cash Flow Treasury Management / Evaluating potential investments, recommending capital allocation, and managing investment portfolios. Envision the future for next 3 years & the need to create a long-range plan (LRP) to understand where organization can reach. One Time Oversight of the Finance Function Review the current finance function, job profiles, process flow, controls etc. Understand gaps & advise + oversee fixing such gaps. Review the current reporting & dashboards & suggest improvements. Conduct monthly review with the finance team along with the financial results Raise the standard of internal audit controls, implement best in class systems and processes for better business output & profitability. Review existing processes & draw up a gap analysis & plan to fix it in define timelines. Create SOPs & identify process improvements if required.
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