Senior Chief Manager

Job Purpose

Assist the Senior financial analyst in formulating Operating Plan for HO functions. To evaluate and report the HO Functions performance / Initiatives to management along with recommendation and analytics through preparation of monthly functional scorecards and dashboards.

Maintain the budgets in I Proc and BEAS system regularly.

Job Context & Major Challenges

Job Context: Assist the Senior financial analyst in formulating Operating Plan for HO functions. To evaluate and report the HO Functions performance / Initiatives to management along with recommendation and analytics through preparation of monthly functional scorecards and dashboards.

Maintain the budgets in I Proc and BEAS system regularly.

Job Challenges:

• Driving expense management amidst slower sales growth and demanding organisational objectives
• Building a sustainable & scalable plan in view of the dynamic & changing business environment.
• Automating the financial model and planning process to improve flexibility, data integrity and reduce timelines.
• Building credible competitive intelligence and using it for strategic decision making
• Managing conflict between financial and business objectives.
  
  

Key Result Areas

KRA (Accountabilities) (Max 1325 Characters)Supporting Actions (Max 1325 Characters)

KRA1 Assist in formulating and monitoring of Annual Operating Plan & five year strategic plan for Operations, IT & other HO functions. 1. Trend analysis for major expenses for deciding on the basis of annual operating plan for all head Office Functions including Operations, IT & marketing.

• Build plan models and scenarios as per the profitability expectations of the company.
• Ensure creation of robust templates to build flexibility around the process with lower TATs
  
  

KRA2 HO functions performance analysis to monitor their expenses against the plan so as to bring out concern areas and recommendations, if any. 1. Preparation of functional scorecards and dashboards to provide functions monthly performance report.

• Track unit costs and expense gaps and suggest action plans to functions to optimise them
• Analyse expense across functions and finding out outliers for highlighting to respective functions.
  
  

KRA3 Regular discussion with HO functions to discuss their process cost and variation in it as against 1. Regular discussion with HO functions to understand their process cost and its components.

• Review & share the performance drivers of various departments & work jointly with them in order to achieve their desired productivity.
• Monitoring process cost as against plan and highlight concern areas, if any.
  
  

KRA4 Ensure maintenance of budget in I Proc and BEAS for monitoring Budgetary approval process 1. Periodic availability of budgets to functions in BEAS or I Proc.

• Tracking of budget consumption with highlighting in case of any short fall in available budgets.
• Identifying unbudgeted expenses and facilitating their appropriate approvals.
• Modification / Enhancement of system from time to time in line with Management focus on various nature and quantum of spends