Lead Associate - Business Finance (Mnow)

About the team : Business Finance (Mnow)

Myntras newly launched 30-minute delivery service called M-Nowoffers expedited delivery on a variety of products from fashion and beauty to home decor, with delivery times starting at 30 minutes. Biz Fin team drives the PL growth and business efficiency for this.

About the role

We are seeking to hire a talented Finance Professional for the Category Business Finance team. This role offers a wide spectrum of responsibilities spanning from Financial and strategic planning, dynamic resource allocation framework for growth and PL sustainability, driving efficiency charters across the PL line items, performance management, business analytics and benchmarking with external companies.

Roles responsibilities:

Closely work with category business teams to drive best selection and topline/profitability growth.

Prepare sell through plans for aged inventory and track performance to ensure aged inventory is maintained at targeted levels.

Work very closely with Inventory planning and Brand team for inventory Purchase requirements to ensure optimum STR%, with GM% guardrails and enable business growth.

Work very closely with Revenue team to align and ensure right pricing investment framework to ensure right health of inventory through online /offline sell through

Continuously monitor working capital against targets and highlight gaps for corrective actions

Lead the MEC process with stakeholders from FPA and Controllership. Action upon the key risks and opportunities with agility

Prepare monthly, quarterly and annual financial plans to be executed. Hold guardrails for investment to maximize topline growth

Leverage SQL to extract and manipulate financial data for analysis, Create and maintain dashboards and reports using SQL based tools

Handle complex ad hoc request with a shorter turnaround time and supplement such request with appropriate analysis and insights for enabling business decision making

Qualification competencies

MBA (Finance) from Tier 1 institute or Qualified Chartered Accountant with 1 to 3 years experience in Business Finance or FPA team

Excellent analytical and critical thinking skills, demonstrated ability of problem-identification and solving, detail-oriented with a strong commitment to accuracy

Strong communication and presentation skills, both verbal and written, with proven ability to present to the leadership team

Ability to take ownership and work on multiple projects independently in a fast-paced environment