Manager - Finance | Thane

About the Role:

The Manager - Finance is responsible for leading monthly financial procedures, develop pricing strategies, generating Management Meeting Analysis Reports, analyzing branch-specific P& L, collaborating for profitability enhancement, and preparing Annual Operating Plan statements while overseeing incentive verification.

The incumbent will report to the General Manager - Finance. The incumbent will work closely with a cross-functional team, engaging with both internal colleagues and external stakeholders.

A minimum of 5-6 years of experience in a comparable or related role is required.

Strategic Planning:

Partner with senior management to design and execute strategic financial plans.

Assess the financial impact of new projects, acquisitions, and expansion initiatives.

Contribute insights to cost optimization, revenue growth, and resource allocation efforts.

Pricing Strategy:

Develop pricing models for products and services.

Use historical sales data and forecasts to determine price elasticity and profitability.

Assess the impact of pricing changes on sales volume and margins.

Collaborate with sales and operations teams to align pricing strategies with business goals.

Optimize pricing structures for new and existing products/services.

Financial Analysis & Reporting:

Collaborate with departments to compile Flash reports.

Extract detailed P&L reports and prepare summaries for the Flash report.

Identify and analyse significant monthly variances and trends.

Develop forecasts for future months to guide strategic decisions.

Regularly update forecasts as new data emerges, including commentary on cost fluctuations.

Branch Wise P&L

Preparing a detailed branch P&L statement with headcount details and timely updating it in Google Sheets.

Analysing branch-specific P&L statements and communicating with branches that have negative or low APBITA margins.

Collaborating with branch managers to enhance the profitability of each branch.
Resolving queries received from the branches every month

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Monthly Reporting

Timely completion and submission of key KPIs (Branch Scorecard) to IT for updating in the Branch Score Card.

Preparing and updating P&L slides for the Country Webinar and monthly reviews.

Annual Operating Plan (AOP)

Support the budgeting and forecasting process for various departments.

Ensure alignment of departmental budgets with company-wide financial goals.

Prepare AOP P&L in function-wise detail

Further prepare AOP for Branches

Assist branches in understanding the basis and calculations behind the AOP figures

Coordinate with Branch Managers, Regional Managers and General Managers to ensure the timely closure and finalisation of the AOP.

Salary and Incentive:

Verify incentive calculations based on the existing schemes in place.

Validate the salary register and analyse monthly changes.