Aditya Birla Group - Head - FP&A & Business Finance ( 0-0 yrs )

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India

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Job Description

Job Description

Job Purpose

Domestic Textiles is very complex Business having 3 units and 6 different businesses and each of the businesses has unique models and complexity.

Each of the business has different business models including manufacturing activity, outsourcing, job work etc.

We have Largest selling Linen Brand with PAN India retail presence having 200 EBO stores and 8,450 MBO stores.

Majority of the Raw material gets imported from Europe and Australia

Major Challenges

Managing complex financial planning & analysis of 6 different business (3 units) is a challenge

Timely reporting to the management about major deviations and losses and timely completion of cost records.

Drive automation projects to bring more transparency and faster & realitime reporting of business KPIs/profitabiltiy.

Apparel business is new and growing business, to put effective process and control, managing S&OP

Accountability

Supporting Actions

Finance planning & analysis for DT Business

Responsible for Financial planning & analysis of DT business having 3 units and 6 different businesses.

To supervise Daily Report and to highlight deviations for better and timely decision making.
To Prepare and analyze the monthly, qtrly, half yearly financial performance and to highlight the deviations and share data driven insights to the management for effective and on time decision making

Planning & Budgeting for DT Business

To prepare and consolidate detailed annual budget for all the business verticals by Interacting with all the functions. To highlight and report the deviation for Budget Vs Actual on monthly basis

Monthly Business Review and quarterly BRC & Board Meetings

To ensure that Financial Presentation to be prepared for Business Head and BRC Review
To coordinate with respective department for the information to be incorporated in BH and BRC Review
To prepare the response on observation on BH Review and BRC Presentation by coordinating with concerned department.
To prepare presentation and other working and explanations for Board meetings.

Build robust controls and review processes to drive apparel business profitability

Monitoring & reporting of channel-wise profitability with further break-down to store-level profitability
To make operational improvements for smooth & effective running of the business
Building a robust inventory management system to miminise inventorying ageing
Customer level monitoring of O/s amount in apparel business
Timely reconciliation of key customer accounts to help team to collect overdue amounts

Leverage technology for business decision making

Generate and automate key decision-making reports COPA, SNOP, Order-wise profitability etc. in coordination with I.T. & other stakeholders.
Automate reports to help management to view daily profitability of all SBUs
Use POWER BI for better reporting and data presentation.

S&OP Meetings

To prepare & drive S&OP meetings of all business verticals on monthly basis (Supply & Demand)
Share insights to sales team about better product mix/market mix to maximise profitability.
To ensure review of S&OP with CEO & CFO on monthly basis

Working capital management and Capex Planning & Review

Develop industry best processes for working capital management
Develop a system for weekly review of working capital for all SBUs
Conduct meeting with stakeholders with CEO & CFO for review and progress on working capital in different SBUs.
Review of capex proposals, screening as per business needs
Monitoring and reporting of capex sanctions
Review and Reporting of ROI capex.

Competitors Benchmarking

To Benchmark DT Business against competitors
To Track Financials and other updated metrics of Competitors and companies in the value chains
To track & report the Imports data of key countries by competitors vs DT Business
To track the Laws like ADD and others of the countries which may impact our business.

Company Description

With a rich legacy spanning over 165 years, Aditya Birla Group is a story of enriching lives, pioneering change, and leaving an indelible mark globally.

Our success aligns with our philosophy of being A Force for Good.

Operating in over 41 countries, we're a powerhouse of innovation and customer-centricity. Our businesses have flourished into global leaders in key industries such as aluminium rolling, viscose staple fibre, carbon black, cement, financial services, fashion, hospitality, jewellery, entertainment and more.

Today, we are a US$ 65Bn global conglomerate with a market cap of over US$ 100Bn*.

Some Of Our Recent Achievements

Our journey of expansion continues with significant milestones achieved in 2024. We have ventured into branded retail jewellery with Indriya.

Our recent foray into paints sector, under the brand name, Birla Opus, demonstrates our commitment to exploring new horizons across 300 towns. With our expansion into the premium casual dining segment through our new-age hospitality arm we are celebrating the power of global cuisines in bringing people together. Birla Pivot, our B2B e-commerce platform, a major extension to the building materials sector, serving as a comprehensive hub for all building material needs.

With unwavering dedication, we endeavour to uplift communities socially and economically, enveloping them in the compassionate embrace of our commitment. Our efforts extend to 9,000 villages, impacting 11 million people annually. This includes providing skill based training for 100,000 individuals and immunizing with 100 million polio vaccinations.

Learn more about who we are: www.adityabirla.com