Lead, Strategic Transaction (M&A)

About Tata Electronics:

Tata Electronics (a wholly owned subsidiary of Tata Sons Pvt. Ltd.) is building India’s first AI-enabled state-of-the-art Semiconductor Foundry. This facility will produce chips for applications such as power management IC, display drivers, microcontrollers (MCU) and high-performance computing logic, addressing the growing demand in markets such as automotive, computing and data storage, wireless communications and artificial intelligence.

Tata Electronics is a subsidiary of the Tata group. The Tata Group operates in more than 100 countries across six continents, with the mission 'To improve the quality of life of the communities we serve globally, through long term stakeholder value creation based on leadership with Trust.

Summary:

The primary role will be to support the screening, planning, analysing, developing new business ventures, and executing mergers and acquisitions (M&A), joint ventures, and divestments . The incumbent will evaluate transaction proposals and actively manage the execution of such projects, including involvement in valuation, due diligence, negotiations, and structuring of transactions leading to final deal signing and closing.

Responsibilities:

• Conduct detailed due diligence on different aspects of target companies, with support from relevant organizations within the company.
• Perform valuation of target companies based on different methods, with support from other organizations within the company, and evaluate the business plan of the targets.
• Independently handle business proposals, draft the Non-Binding Offer (NBO), develop a negotiation strategy and commercial terms for the transaction, and reflect such in the term sheet. Negotiate and develop definitive agreements with the help of the legal/contracts department and other relevant departments within the company.
• Validate activities to progress proposals through stage gates, prioritize business proposals against investment criteria and NBD portfolio strategy.
• Manage all aspects of transaction execution including management of the overall project such as selecting, onboarding, and working with advisors.
• Manage overall stakeholder management including working with internal organizations, consultants, and potential partners.
• Assemble initial offerings to potential investors, lead investor selection activities, and coordinate with This Company subject matter experts to draft Memorandums of Understanding/Letter of Intent.
• Provide administrative direction in the development and review of legal documents including head of terms, MoU, cost-sharing agreements, and shareholder agreements, and manage business portfolio.
• Ensure compliance with process stage gates and approvals, approve contract payments and variations within limits, provide administrative direction and personnel management to all assigned Business Development Analysts, and perform other miscellaneous duties as directed.
• Support the law department in anti-trust clearance activities and internal proponent organizations in post-acquisition integration activities.

Requirements:

Education

Experience

• Ideally has 10-15 years of experience in business development, including at least five years of experience in M&A transaction execution. Prospective talent can be from PE firms, corporates; international consulting firms, accounting firms and investment banks

Skills and Expertise

• Strong M&A background with extensive experience in financial valuation, modelling, due diligence, commercial negotiations, and transaction structuring.
• Adequate understanding of financial analysis, valuation methodologies, and commercial principles of transactions.
• Industry expertise or knowledge in specific venturing activities such as commercialization, spin-offs or joint venturing, project development, financial valuations and modelling, facilities planning, strategy development, or relevant experience.
• Good interpersonal communication skills.
• Working knowledge of a variety of MS Office tools.
• Solid understanding of commercial business models in various sectors like electronics, semiconductor, telecom and other emerging sectors with primary focus on Semiconductor domain.
• Experience with risks reporting and risks dashboard.
• Understanding of portfolio management principles.
• Solid understanding of accounting fundamentals.
• MBA in finance from Reputed Institutes, Chartered Financial Analyst (CFA), Certified Management Accountant (CMA)