Director Finance (US MNC - HealthCare)

Director Finance (US MNC - HealthCare)

Our client is a fast growing medical device brand and is globally headquartered in the US. They are further looking to strengthen their leadership team in India.

This role reports to the APAC Head of finance based in Singapore.

Job Purpose

This role is responsible for operating as the finance leader for India and key business partner to drive implementation of business strategies, monitor business performance, forecasting and scenario planning while proactively identifying and managing business risk and opportunities. As a country Finance Lead, you will be overseeing company control framework (SOX), local statutory financial statements and reporting requirements, coordinating internal, statutory and tax audits. In addition, you will hold a Board of Director position of the Company and required to fulfil director duties.

Major Accountabilities

• Proactive management of the P&L, in partnership with the Country Head taking ownership and accountability of financial outcomes
• Lead the core Business Performance & Analysis (BPA) processes for Franchise business (management reporting, budgeting & forecasting, resource allocation, margin expansion initiatives)
• 
  Act as the strategic and operational business partner to the Country Head providing financial and business decision support with data-based insights & analytics.
• Build business cases and drive alignment of key financial assumptions for resource allocation and prioritization of projects.
• Monitor and manage gross margin initiatives such as pricing as well as TFC (cost) budgets including resource allocation and ROI on investments.
• Develop financial strategies to support sound Top line and Profit Protection Plan.
• Identify, raise and resolve key business/financial issues. Support timely, fact-based decision making within the company and the business unit
• Work effectively with both direct reports and matrix team BPA & FRA, financial Assurance, Tax & Treasury teams (both local, global & AGS) team to complete BPA and Country Finance responsibilities.
• Monitor Working Capital Management of the Franchise business, partnering with I2C for AR & S&OP for Inventory. Monitor AR and maintain overdue under control and continuous improvement of AR DSO with I2C, Monitor Inventory & DOI through S&OP team.

Key Points

1. As Country Head of Finance maintain oversight on AFCM control framework, SOX reporting & sign off for legal entity, statutory and tax audit coordination & filing requirements together with FRA/Tax, local profitability management in coordination with Group Tax. Represent India to local tax authorities (VAT/Income Tax) for tax audits /assessments in country.

• Provide leadership, coaching & feedback to associates whether through direct line or matrix reporting line.
• As Country Management Team member provide support & sponsor initiatives to build & enhance enterprise culture and country initiatives.

Education:

Chartered Accountant or equivalent qualification (Masters)

Experience:

15+ years of financial planning & analysis experience with Breadth of experience, incl. Accounting, Finance, roles. Last 5 years in finance leadership role and ideally in the Healthcare or Consumer sector.

1. Excellent financial analysis skills, advanced modeling and system skills are necessary to identify, present, and challenge key business assumptions.
2. Highly proficient interpersonal and communication skills (both verbal and written) combined with strong business acumen are required to effectively interact and influence all levels of management and across teams in country & regionally.
3. Solid negotiation and coaching skills.
4. Proven experience in growing and developing individuals/teams in matrix environment (preferably working through shared service centres)
5. This is a director level role and part of the company leadership team.

• Hold Board of Director position in the Company and fulfil requirements as and when they arise.