Premium Employer

i

This company page is being actively managed by TVS Electronics Team. If you also belong to the team, you can get access from here

TVS Electronics Verified Tick

Compare button icon Compare button icon Compare
3.8

based on 491 Reviews

filter salaries All Filters

9 TVS Electronics Jobs

Business Finance Manager

10-20 years

Chennai

1 vacancy

Business Finance Manager

TVS Electronics

posted 4hr ago

Job Description

Job Description
Business Finance Manager


Position: Location:
Business Finance Manager Chennai

Primary reporting to: Dotted line reporting to:
Business Finance Controller Business Head - Services Business Unit


Position Summary:
This positon will collaborate with the BU Head, work under the functional guidance of the CFO and BFC to co-own the P&L and effectively manage the finances of the high growth Services Business Unit. The incumbent should have demonstrated capabilities in FP&A, rolling forecasts, releasing timely and accurate management reports with variance analysis and insights, sound financial acumen to recommend key business decisions, capital budgeting, working capital management, eye for detail and passion to constantly improve profitability and return on investment.


Primary responsibilities and key functions:
Financial management, reporting, analytics and decision support

  1. Assist BU Head and the BFC in developing robust financial Plan and Model in line with the business plan, short and long term organisation goals. Excel Models should have separate sections for variables / key input levers / business assumptions, workings and resultant reports to enable multiple iterations, controlled change versions and periodic revisions based on actual performance.
  2. Perform periodical and timely management reporting and ad-hoc business analysis. Present recommendations to BU Head and BFC on strategic decisions and planned future initiatives.
  3. Assist Lines of Business heads / Functional heads in evaluating new proposals / initiatives / pricing requirements on time, incorporating granular variables, comparison of past evaluation with actual performance, highlighting deviations, risk areas, and improve the overall quality of assumptions / financial evaluation process. Present the proposals to Business Head and CFO emphasising the areas of revenue optimisation, cost and investment rationalisation.
  4. Assist the BU head in facilitating weekly / monthly / quarterly reviews (WBR, MBR, QBR) with data analysis, call outs and follow through with business / operating teams on actionable items for improving business metrics over a period of time. Challenge the LoBs, cost and profit centers effectively and uphold independence of Finance.
  5. Manage the P&L reports, CapEx plan, Free Cash Flow, Balance Sheet with key variables and assumptions across controlled change revisions to ensure the planning integrity.
  6. Coordinate and manage interdependencies with other functions like Operations, HR, SCM, IT, Sales, Marketing, and Customer Service teams to supervise and support in business operations effectively.
  7. Assist the BFC in inspecting and approving major vendor contracts, manage overall exposure in inventory, receivables (unbilled, billed & bad), allocation of central costs and its drivers. Work with accounting team to drive monthly book closer process for the BU, participate in insurance and miscellaneous actions, attend to / escalate process gaps for timely resolutions.
  8. Support BU and LoB heads in carrying out competition analysis as and when required.
  9. Assist CFO and BFC in periodically evaluating / highlighting the operating and financial risks, quantify the Value @ Risk with buy-ins from respective LoB / Functional owners and articulate them crisply with Mitigation suggestions towards contributing to ERM framework.
  10. Any other coordinating tasks between the Business and Finance functions that may arise from time to time.






IT Skills

  1. Should be an advanced user in MS Excel & Power Point; well versed in organising / crunching / analysing large volume of data using pivot tables / lookup / iferror, sumproduct, NPV, XIRR, cumipmt etc; preparing interesting charts / presentations.
  2. Working experience in a good ERP is a must; SAP experience is preferred.
  3. Prior experience in any office automation initiatives like customisations, API integrations, by way of contributing to BRD / FRD or performance of UAT etc are additional advantages.


Relationship management

  1. Develop and maintain effective communication and positive working relationships with internal and external stakeholders


Personal development

  1. Instigate own personal and professional development needs with the reporting authority based on specific job-related competencies


Organisational alignment

  1. Support the activities of the wider organisation in line with TVS-Es strategic and business objectives by undertaking duties as required by the reporting authority.



Person specification:
Foundation competencies

  1. Building trust authentically: Interacting and communicating with others in a way that gives them confidence in one’s intentions and those of TVS-E.
  2. Focus on service delivery: Providing excellent service to others as the primary focus of one’s actions, achieved through developing and sustaining productive relationships and evidence informed practice.
  3. Innovation: Generating creative, innovative and evidence informed solutions in one’s work.
  4. Self-initiative: Energised to take self-initiative in a positive manner with a positive attitude for team wins.
  5. Continuous quality improvement: Setting high standards of performance for self and others, assumes responsibility and accountability for successfully completing assignments or tasks, and self-imposes standards of excellence rather than just having them imposed.


Role specific competencies

  1. Building a successful Team: Using appropriate methods and interpersonal skills to help build a cohesive team whether as a leader or a member; facilitating the completion of team goals.
  2. Building working relationships: Developing and using collaborative relationships to facilitate the accomplishment of work goals.
  3. Planning and Organising: Establishing courses of action for self and others to ensure that work is completed efficiently


Qualification and Experience

  1. Qualification: Qualified Chartered Accountant from the Institute of Chartered Accountants of India
  2. 6 to 10 Years’ Experience: Preference will be given to incumbents with similar prior experience in new age consumer services unicorns / successful start-ups / FMCG / e-commerce companies – having multiple hub and spoke operating model, Articleship or post articleship experience in any of Big 4 or premier auditing / consulting groups.


*********
TVS Electronics Ltd


Employment Type: Full Time, Permanent

Read full job description

Prepare for Business Finance Manager roles with real interview advice

People are getting interviews at TVS Electronics through

(based on 18 TVS Electronics interviews)
Job Portal
Referral
Campus Placement
Company Website
Walkin
Recruitment Consultant
28%
11%
11%
6%
6%
6%
32% candidates got the interview through other sources.
High Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.

What people at TVS Electronics are saying

What TVS Electronics employees are saying about work life

based on 491 employees
59%
80%
39%
99%
Strict timing
Monday to Saturday
No travel
Day Shift
View more insights

TVS Electronics Benefits

Job Training
Soft Skill Training
Health Insurance
Free Transport
Work From Home
Team Outings +6 more
View more benefits

Compare TVS Electronics with

Wipro

3.7
Compare

HCLTech

3.6
Compare

Tech Mahindra

3.6
Compare

Mphasis

3.4
Compare

LTIMindtree

3.9
Compare

Coforge

3.4
Compare

Hexaware Technologies

3.6
Compare

KPIT Technologies

3.5
Compare

L&T Technology Services

3.4
Compare

Persistent Systems

3.5
Compare

Samsung

4.0
Compare

OPPO

4.0
Compare

LG Electronics

4.0
Compare

HARMAN

3.8
Compare

Bajaj Electricals

4.0
Compare

Voltas

4.0
Compare

Lava International

4.1
Compare

Blue Star

4.1
Compare

Whirlpool

4.1
Compare

V-Guard Industries

4.4
Compare

Similar Jobs for you

Business Finance Manager at Windows Consultants

Gurgaon / Gurugram

4-9 Yrs

₹ 14-18 LPA

Financial Controller at Emiza Supply Chain Services

Mumbai

7-12 Yrs

₹ 15-19 LPA

Business Finance Manager at IndiGo

Gurgaon / Gurugram

6-9 Yrs

₹ 16-22.5 LPA

Finance Manager at Teleflex Medical

Chandigarh

10-15 Yrs

₹ 20-25 LPA

Business Finance Manager at OYO

Gurgaon / Gurugram

4-9 Yrs

₹ 14-24 LPA

Assistant Manager - Financial Planning & Analysis at Thomson Reuters

Hyderabad / Secunderabad

7-10 Yrs

₹ 18-25 LPA

Manager at Hexa Biochem

Ahmedabad

7-12 Yrs

₹ 10-20 LPA

Finance Manager at Capita

Mumbai

4-8 Yrs

₹ 15-22.5 LPA

Senior Manager at Bira91

Delhi ncr

6-8 Yrs

₹ 12-21 LPA

Finance Manager at Mazars Advisory LLP

Pune

10-15 Yrs

₹ 20-25 LPA

TVS Electronics Chennai Office Location

View all
Chennai, Tamil Nadu Office
Headquarter
9th Floor. Arihant E park, No.117/1, L.B Road, Adyar, Chennai - 600020 Chennai, Tamil Nadu
600020

Business Finance Manager

10-20 Yrs

Chennai

1d ago·via naukri.com

Customer Quality Manager

8-13 Yrs

₹ 9 - 14L/yr

Chennai

2d ago·via naukri.com

Pcb Repair Engineer

1-6 Yrs

₹ 2 - 3.5L/yr

Tumakuru

2d ago·via naukri.com

Solar Technician / Engineer

1-4 Yrs

₹ 0.5 - 3L/yr

Anantapur

3d ago·via naukri.com

Trainer

4-9 Yrs

₹ 6 - 8L/yr

Tumakuru

9d ago·via naukri.com

Resident Engineer

1-3 Yrs

₹ 0.5 - 2L/yr

Hyderabad / Secunderabad, Chennai, Bangalore / Bengaluru

9d ago·via naukri.com

Recruiter

1-3 Yrs

₹ 2.5 - 3L/yr

Tumakuru

15d ago·via naukri.com

Chip Level Engineer

9-14 Yrs

₹ 8 - 10L/yr

Tumakuru

15d ago·via naukri.com

Recruiter - Chennai

3-8 Yrs

Chennai

28d ago·via naukri.com
write
Share an Interview