DGM Business Planning

Job Description

Responsibilities & Key DeliverablesKey ResponsibilitiesThe selected candidate will play a key role in managing Business Planning for Auto Sector, with the priority objective of supporting strategic growth plan of the organization.S/he should ensure that various initiatives pertaining to financial planning, budgeting, cost accounting, cash flow management, tax planning, etc. are carried out in the organization conforming to the underlying corporate policies and procedures. These should be compatible with local regulatory guidelines & international standards; and any difference between two is reconciled regularly.S/he will be responsible for Financial benchmarking, periodic comparison with competitors within industry, Benchmarking to identify opportunities and create initiatives for top line and bottom line growth. S/he would also be required to publish periodic reports / benchmarking analysis to be shared with Functional Leaderships.S/he will provide the financial expertise to support M&A activities / creation of new businesses within the Sector. Provide support to operations for inorganic growth initiatives including merger of some existing businesses.S/he will study analyst reports of M&M and of competitors and identify potential opportunities of improvement in financial and operating parameters resulting in enhanced profitability, optimizing Capex & better management of working capital and overall cashflow.S/he will provide support to Strategic Planning to work out P&L snapshot of strategic choices, make or buy decisions, capacity planning etc.S/he would be responsible for monitoring the Capital Expenditure including budgeting, MIS and cashflow planning including identifying opportunities of Capex optimization and savings.S/he will ensure appropriate controls on issuance of Power of Attorney (POA) to various persons including senior leaders in the sector.S/he is responsible for monitoring, reporting and forecasting business financials viz volumes, revenue, EBITDA, ROCE, BEP by analyzing budget assumptions v/s actual trends for discussion/ debate to senior management and to take timely corrective actions/ plans to achieve the objectives. S/he should ensure timely & robust MIS to the management with suggestive comments on operations and cost optimization for achieving budgeted parameters and releasing alerts & exception reporting, thereby enabling appropriate and timely decision making.S/he is responsible to drive enterprise risk management process and manage corporate governance process.S/he will be responsible for Business Case evaluation for new projects and those relating to synergies with M&M Group.S/he is expected to effectively interface with Corporate Finance, Corporate Taxation and Legal departments of Mahindra & Mahindra Group on the key accounting and treasury issues.S/he will develop improving knowledge and skills of accounts & finance department; focus on improving performance through effective team/program management, training and development; and help build an environment that continues to promote and reward excellence both at individual and team levels.ExperiencePost qualification experience of 10 15 yearsIndustry PreferredAuto IndustryQualificationsIdeal candidates should have a qualification of Chartered Accountant (CA) or MBA from premier Business Schools.General RequirementsFunctional Knowledge / Skills / Experience:Post qualification experience of 10 15 years having a stint in Business planning / FP&A preferably in Auto industry. Currently active in a similar financial management position at a reputed organization with single or multiple auto product lines. Experience in setting up a standard accounting systems and procedure with tight month end reporting deadlines Knowledge of new developments in statutory compliance/new Accounting Standards Knowledge of US GAAP, IFRS and Indian Accounting Standards. Knowledge of SAP and other financial IT systems. Equal level of comfort and expertise in dealing with both business and people (relationship) issues. Strong analytical skills; and innovative and collaborative approach to foster conducive & Harmonious relations with all stakeholders. Excellent oral and written communication and presentation skills. Proven ability to transfer knowledge and motivate team members.PersonalityHigh energy level, passion, commitment, professional approach. Global mindset and High standard of business ethic and personal integrity. Positive attitude and a solution-driven approach. Ability to excel under tremendous pressure, tough deadlines and challenging internal & external environmentAdaptability to different work cultures and management styles.Job Segment: Automotive ,

Keyskills :
us gaapcash flowtax planningnew projectsbusiness caserisk managementcost accountingworking capitalenterprise riskequipment supplystrategic growthcorporate financesenior managementbusiness planning