Business Finance Partner

About Us

An Indian consumer electronics startup, we are one of the fastest-growing startups. In just 5 years, we've revolutionized the way you listen to music & transformed the way you track your fitness goals. In addition to solidifying our position in the Indian market as the No. 1 player, boAt

has also emerged as the fifth largest wearable brand globally. We're super passionate about the impact we are making in people's lives. We are looking for a fellow self-starter to join our ambitious bunch.

About the Role

We are looking for a Business Finance candidates who will be involved in developing & implementing effective Business Planning, Budgeting, Performance Analysis, and Monitoring processes for the Online business to provide decision support to business leaders and enable achievement of the short term & Long term business goals.

If you've worked in FP&A, Commercial Finance or Business Finance Partnering roles and enjoy owning business outcomes, not just reporting them - this could be the right opportunity.

Key Responsibilities

• Strategic & Planning

1. Develop processes for business planning, budgeting, performance monitoring, analysis and financial modeling for the Online Cluster.

2. Support the business in Creating an Annual Operating Plan (AOP) and Long-Range Plan (LRP) for each Category of Online business.

3. Communicate and align of the business plans with all functions of the respective Category head.

4. Identify and highlight deviation of financial strategy with respective Online-Category business head on an ongoing basis.

• Budget Management and cost control

1. Assist the Category Head and BU heads with the management of the P&L on an ongoing

basis to ensure key financial annual performance criteria are met.

2. Oversee alignment of functional budgets with the annual budget to ensure functional budget adherence on an ongoing basis.

3. Conduct ROI analysis of Product category on a regular basis.

4. Provide recommendations on process improvements to enable cost control.

• MIS and reporting

1. Facilitate weekly/ monthly/ quarterly reviews with data analysis and follow through with

the business team on actionable items for improving business metrics over a period of time.

2. Oversee, validate and share Cluster specific business level and function level MIS reports and dashboards on an ongoing basis.

• Key Performance Indicators

1. Annual operating EBITDA for the Online Business.

2. Annual operating revenue for the Online Business.

3. BU budget spends / costs (Quarterly / Bi-annual / Annual)

4. Category budget spends / costs (Quarterly / Bi-annual)

5. Timely and accurate MIS (ongoing).

Qualifications:

• 5-8 years of experience in business finance or Finance Business Partnering

• Strong exposure to budgeting, forecasting, AOP, and P&L management

• Qualified CA or MBA in Finance.

• Good Business understanding, strong analytical and problem-solving skills

• Experience in Consumer, FMCG, Retail, D2C, Consumer Electronics, or E-commerce businesses is preferred

• Understanding of marketplace economics (Amazon, Flipkart, Meesho, etc.)

• Experience analyzing marketing spends, contribution margins, discounts, returns and profitability drivers