Act as a Business Partner to drive topline and bottom-line for the MEA, Nepal and ROW:
- Manage the relationship with Distributor and service providers and address issues with these parties if it comprises business performance or integrity
- Establish a positive and effective working relationship with the local team to deliver complete, timely and accurate results free from error consistently on a monthly basis
- Ensure financial integrity with strict compliance to local statutory, regulatory, legislative and tax requirements
- Responsible for ideation for profit generation and planning in the region
- Prepare Monthly MIS/ Reporting within due dates for local as well as corporate leadership team on business performance and highlights
- Prepare detailed account statements on a periodic basis (monthly/quarterly/annually)
- Responsible for working capital management and forecasting of Cash/fund flow requirement
- Responsible for filing of Direct and Indirect tax returns, financial returns and payment of applicable taxes and local levies
Act as a Business Partner to drive topline and bottom-line for IB countries, this includes but not limited to:
Finance Management:
- Manage and oversee daily operations relating to finance of MEA, Nepal and ROW
- Approve all spends before they are sent for payment processing- Logistics, supply chain, legal, marketing, sales promotion etc.
- Generate financial dashboards, MIS, reports and statements
- Adhere to accounting standards / ensure financial compliance in conjunction with the local law, IND AS and corporate accounting standards
- Strong cost controlling / Optimization background. Allocation and monitoring of the control centers.
- Budgetary Control including preparation of annual/monthly budgets and variance analysis
- Maintain dialogues and working relationship with auditors, auditors (external/internal) and legal firms and others to ensure compliant operations.
- Guide local and corporate team on compliance of all matters-finance, accounting, tax for the country.
Commercial Finance:
- Jointly prepare AOPs, budgets, spend and forecast activities including exercising accounting control to ensure that budgeted expenditures do not exceed amounts authorized without proper approval.
- Rigorous monitoring of the spend allocation and reimbursement of spends to distributors. Audit the supporting's and debit notes and then, approving the final payments.
- Assist in negotiation and closure of commercial terms with new distributor, Contract Manufacturer and other such local business partners.
- Manage entire 3 P / 2 P vendors – from reconciliation, accounting, operational and financial issues resolution
- Share analytics with Sales Team & help them to identify gaps in the market to drive business
- Shall contribute knowledge and experience to take decisions such as taking positions on items based on requirement
- Shall be responsible for ensuring that all regional financial and profitability statements are generated on time
Policies, Processes and Procedures:
- Monitor and implement internal controls (in conjunction with corporate policies) as necessary to ensure reporting integrity, safeguard company assets, and identify risks
- Responsible for verification of stock /assets and reconciliation with books
- Shall carry out periodic external benchmarking of the operations with similar industries /corporate and generate ideas for improving profitability and for implementation of best practices.
