Manager Business Finance REVEX

Our employees are our company's greatest asset - they are our real competitive advantage. We possesse immense power of innovation, immagination and a desire to attract and retain the best; provide them with encouragement, stimulus, and make them feel that they are an integral part of the company's mission.

PURPOSE

The position acts as a finance business partner for:

Transformer switchgear workshop (TSW) covering around 30,000 transformers, switchgears and preventive maintenance activities. The position is in charge for managing and supervising the team which is responsible for the overall dealing pertaining to Capex and Revex with all the financial aspects of the unit including but not limited to providing financial feasibility of projects, guiding BU in driving unit budgets and highlighting key areas of budget concerns.
 

Outsourced Service Providers & Other Distribution Services. The role is responsible for managing the team responsible for identifying and enhancing efficiencies in business process of the above business units, establishing key performance indicators and monitoring the ongoing performance with highlighting visibility to departmental heads on periodic basis.
 

Oversee the commission payment on Recovery Officers, Special Recovery Cells, Post write off & Utility court projects to the external vendors as per SOP. Identify areas of improvement and suggest recommendation to the user in recovery agent commission policies. The role is responsible for managing the team responsible for identifying and enhancing efficiencies in business process of the above business units, establishing key performance indicators, and monitoring the ongoing performance with highlighting visibility to departmental heads on periodic basis.
 

Overseeing the overall PPEs budget & its monitoring & Controlling distribution wide.    
Internal parties:

Education & Relevant Experience:

MBA / ACCA / ICMA / CIMA or member of any other professional accountancy body with minimum 6 years of relevant experience.

 
AREAS OF RESPONSIBILITY
1 Finance Business Partner    

Provide overall financial consultation support to the TSW, CRMC, HR and other distribution services by evaluating and assessing the current systems, business processes and financial controls and provide recommendations / opportunities where required.
Manage teams working with different stakeholders to develop meaningful metrices to measure financial performance, identify areas of improvement, risks and opportunities.
Manage and oversee teams working in collaboration with business units for development, implementation, and management of new ERP systems.
Provides visibility of revex budget utilization to BU Distribution and HR.
Overseeing teams working on the formation of SOPs specifying the payment procedures and criteria.
Manages effective relationship management, provides solutions to Distribution BU where conflicts arise to fulfill the objectives and goals for KE.
Conduct meetings with business stake holders on a periodic basis to devise strategies to resolve issues face by users. In such meeting we discuss progress of all revex projects, TSW material management issues and explore strategies to reap maximum benefits from current resources/investments.
Working alongside in close liaison with multiple stakeholders like Cluster & Regional Heads, General Managers of multiple departments in multiple projects.

2 Budgeting and Controlling
Manages the overall annual budget of different business units from initial preparation, discussion with the business units for alignment and final presentation to the reporting team and senior management.
Providing financial insights and visibility on Annual Budget with comparative analysis which support leadership in decision making.
Manages and oversee financial performance against budgeted amount of different business units including cash flow forecasting, variance analysis and reporting to the Revex controller / senior management.
Identify and incorporate opportunities for efficient cost curtailment and rationalization in the budget exercise.
Oversee the monthly accrual activity related to his portfolio and monitor actualization of expense. 
 

3 Business Process Improvement

Proposing automation of existing projects to streamline the activity and enhance the effectiveness of existing processes.
Empowering Users by delegating a few routine tasks to them with due control mechanism.
System based automated solution for business process improvements.

4 People Development

Identifies training requirements of the Staff; Contributes to performance management of direct reports; Manages development, career planning and engagement of subordinates in coordination with HR.
Creates team-spirit and ensures seamless interaction among team members; Ensures parity among subordinates with regards to learning and growth opportunities.
Creates a conducive working environment to build and sustain an engaged and committed team.
 

Knowledge & Skills

Technical Knowledge
Budget Monitoring & Controlling
Accounts Payable
Understanding of effective budgeting and cost control
Knowledge of SAP Modules.
Strong financial concepts
System knowledge
Strong communication skills
Data Analytics
Conflict Management
Decision Making & Problem Solving
Negotiation
Analytical
Communication
Teamwork & Collaboration
Leadership
Vision & Strategic Thinking
Personal Attributes 

KE provides equal employment opportunity (EEO) to all persons regardless of age, color, origin, physical or mental disability, race, religion, creed, gender, marital status, status with regard to public assistance or any other characteristic protected by federal, state or local laws.