Flipkart - Assistant Manager/Manager/Senior Manager - Business Finance Partner
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Job Description
Position: Business Finance Partner - Assistant Manager / Manager / Senior Manager
Location: Bangalore
Qualifications: Chartered Accountant / MBA Finance
About the Role:
Your mission is to turn operational data into financial insights, ensuring that every order is optimized for margin without compromising on speed.
You are Responsible for:
- Unit Economics Management: Deep dive into the Cost Per Oder (CPO). Analyze components like payouts, surge pay and asset depreciation to improve the contribution margin.
- Budgeting & Forecasting: Own the Opex budget for the division. Create rolling forecasts for based on growth projections.
- Incentive Design: Partner with Operations to design and validate incentive structures. Ensure that "Gamification" or "Peak Pay" models drive the right behavior while remaining within budget.
- Variance Analysis: Conduct weekly and monthly reviews of "Actual vs. Plan" spend. Identify leakages (e.g., excessive wait-time payouts or high cancellation costs) and drive corrective actions.
- Strategic Decision Support: Build financial models to evaluate new initiatives, such as transitioning to an Electric Vehicle (EV) fleet, launching new dark stores, or changing payout structures.
- P&L Ownership: Take full accountability for the Last Mile P&L. Communicate financial performance, risks, and opportunities to senior leadership through clear, actionable dashboards.
To succeed in this role - you should have the following:
- Commercial Acumen: You understand that "Finance" isn't just about saving money; it's about smart spending to drive growth.
- Communication: Ability to translate complex financial jargon into simple, actionable advice for operational "boots on the ground."
- Technical Mastery: Advanced Proficiency in Excel and Power BI.
About the team
We are seeking a proactive and dynamic Assistant Manager to join our team at Flipkart. In this role, you will support a fast-paced finance team which supports high paced and evolving quick commerce segment. The ideal candidate will possess excellent communication abilities, and a keen attention to detail. This position offers a unique opportunity to gain valuable experience in world of quick commerce while contributing to the overall success of our organization.
Skills
Business FinanceBudgetingVariance AnalysisFinancial ModelingFinance And AccountsAccountingFinancial AnalysisCAForecastingECommerceQuick CommerceBudgetingOpexAccountantChartered AccountantFinanceIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
Flipkart Private Limited, an emblem of India's e-commerce success, stands tall with its headquarters in Bangalore and corporate roots extending to Singapore. What commenced as a modest venture selling books online has now burgeoned into an expansive marketplace, offering everything from the latest gadgets to fashion and home essentials. This diversification reflects Flipkart's adaptability and keen understanding of the Indian consumer's pulse.
With strategic acquisitions like Myntra, Flipkart has not only widened its inventory but also cemented its stature in the apparel industry, capitalizing on the surge of digital retail. Competing in a market teeming with robust contenders like Amazon India and Snapdeal, Flipkart has claimed a lion's share, holding a 48% market share as of FY23. The company's prowess is particularly notable in the realm of apparel and electronics, where it stands "neck and neck" with global giant Amazon.
Flipkart's success is a testament to its innovative approaches, from logistics to customer service, ensuring it remains at the forefront of the e-commerce wave in India. As the company continues to evolve, it consistently reinforces its position as a cornerstone of the Indian digital economy, shaping the shopping habits of a nation on the rise.
Important dates & deadlines?
Application Deadline
03 Oct 26, 02:42 PM IST
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