Finance Business Partner

Department Icon Accounting & Finance
Posted: 3 months ago
3-5 years
Chennai, Tamil Nadu
Accounting & Finance
work from office
Full Time

Posted: 3 months ago
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Job Description

Job Purpose:

The desired candidate need to work in close coordination with the business team. This position will be supporting business to prepare business plan, track monthly plan vs actual performance , process simplification, evaluation of budget proposals capex / Revex and multiple business analysis with an objective of optimizing costs and maximizing revenue.

Key Responsibilities:

1. Regional Profitability trend and analysis - Co-ownership along with zonal and regional business heads

2. Comparative analysis of Regional diversities and identification and ensure best practices for performance improvement of regional Profit & loss for all parameters like volume, GC%, EBITDA%, Fixed cost, Variable cost, Distribution cost, Marketing spend & Incentives

  • 3. Timely Settlement of credits and recoveries for stakeholders (Dealers and regional vendors) -
  • 4. Timely Billing /Settlement of claims /Incentive/vendor payment, Finalization of vendors along with negotiations at the regional level
  • 5. Dealership performance review for commercial aspects - Dealer Profitability Analysis and identification of initiatives for improvement
  • 6. Dealership Appointment and Termination - Business partnering - Involvement in dealership appointment and termination process to ensure smooth process flow
  • 7. Identification and ensure Automation in Business procedures to save time and cost
  • S&OP Billing/Replenishments - ensure smooth implementation
  • Old VAT cases/ VAT assessment
  • Facilitation of clearance of TRAN-1 to enable RE credit
  • Review of Business process and automation to save time and cost
  • Billing coordination
  • Dealer Reconciliation
  • Transit Claim
  • Billing coordination
  • Day to day operations & revenue reporting

What youll bring:

Experience: At least 3+ years of strong experience in financial statements and interpretations of financial statements and Working Exposure in Major Auto OEM

Qualification : MBA Full time

Why work with us

We are a global leader in middleweight motorcycles (250-750cc), operating in 65 countries. Royal Enfields unique approach to forging our path has led to consistent growth and profitability. Emphasizing our values and brand essence, we strive to transform into a premium experiential brand. By embracing diversity and new ideas from various industries and regions, we are expanding our team for a broader perspective on global markets.

Ready to Join Us

Apply via our website today. Join our trailblazing team and be a part of our legacy! So why wait Join us and experience the freedom of embracing the road, riding with pure motorcycling passion.

Skills

Business AnalysisCapexFinancial StatementsBillingReconciliationFinance

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About Company

The oldest motorcycle brand in continuous production, Royal Enfield made its first motorcycle in 1901. A division of Eicher Motors Limited, Royal Enfield has created the mid-sized motorcycle segment in India with its unique and distinctive modern classic bikes. With its new manufacturing base in Chennai, India, Royal Enfield is able to grow its production rapidly against a surge in demand for its motorcycles. With more than 50% growth every year for the last 5 years, Royal Enfield is fast becoming a very important player in the global mid-size motorcycle market and is working towards re-inventing this space with motorcycles that are evocative and engaging and great fun to ride.

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