Manager/Senior Manager - Finance & Accounts - Business Planning

- Managing Business Planning for Auto Sector, with the priority objective of supporting strategic growth plan of the organization.

- 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.

- Financial Benchmarking: 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. (quarterly for domestic as well as global listed players and annual for unlisted players in auto industry), 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.

Renewable energy projects:

- Provide financial expertise to support solar projects in+C1titated to meet the environmental commitments.

- Responsible for business Case evaluation with detailed assumptions and analysis for different scenario in co ordination with central sustainability team.

- Supporting implementation related activities of the project (e.g. term sheet discussion, negotiation on commercial and financial related clauses, drafting of relevant clauses on agreement etc.) and providing post implementation support

- Business Case evaluation for new projects and those relating to synergies with M&M Group.

- Evaluation of capex proposals / business cases (savings based/ capacity expansion etc) at the time of annual budgeting activity.

- Evaluating and recommending additional capital budget requirement during the year.

- Evaluating IMCR proposals and calculation of payback period for such proposals as and when required.

- Any other special project as and when required (e.g 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)

Quarterly pricing :

- Provide quarterly price updates for SKD kits and spare parts shipped to certain international business