Job Purpose
- To support Business Director in formulation of Business Strategy / directions through
- collection of relevant data,
- analyzing the same,
- discerning the relevant trends,
- development of possible scenarios,
- discussing the scenarios with business director in order to zero in on a particular direction.2. To drive the Annual P&B and Annual Compensation exercise for business3. To support Business Director in other matters including Chairman review meetings, analysis of acquisition opportunities and other financial matters
Job Context & Major Challenges
Pulp and Fibre Business encompasses 5 VSF plants (3 in India, 1 in Indonesia, 1 in Thailand), 3 pulp plants (one in India and two JVÂs in Canada). All the plants are having their own complexities and challenges. The business itself has been witness to a number of structural changes and facing severe competition from various substitute fibres. In such a back drop and seeing to the enormousity / complexity of task involved before the Business Director, it was necessary to create an agency which can serve as link between his office and the various units.The challenges are: While the magnitude of data involved is very enormous and the sources for it is also varied, testing their accuracy / veracity poses a challenge. Availability of Information is limited w.r.t external environment . Ever changing and unpredictable global environment.
Key Result Areas
KRA (Accountabilities) (Max 1325 Characters)Supporting Actions (Max 1325 Characters)
KRA1 1. Assisting Business director in formulation of Strategic Plan / directions for Business i. Evaluating / analysing the trends of business environment which hither to includes competitive situation, trends in competing fibres, relative positioning of competitors regulatory environment etc ii. Aforesaid evaluation / analysis culminates into identifying trends relevant for our product, extrapolating them, doing a SWOT analysis, with a view to provide the relevant inputs to Business director in formulation of Strategic Plan / direction.
KRA2 2. Driving Planning & Budgeting exercise for Indian Units of VSF & Pulp. i. Based on the strategic plan as finalised above as well as prevailing trends and broad directions suggested by Business Director, issuing guidelines to units for assumptions to be made w.r.t various performance parameters to units.ii. Conducting Multiple linear regression exercise for arriving at the Projected volumes and interacting with Mktg people to finalise the volumes based on regression exercise.iii. Co-ordinating with units and addressing their queries / doubts w.r.t P&B working.iv. Examining the P&B document as received from units and suggesting changes to be incorporatedv.
KRA3 Based on unit P&B, preparation of Business P&B.vi. Building up of scenarios about future projections based on likely future trends of Business / economic, regulatory environment.vii. Interacting with various corporate cells (Centrall Cell, Central Finance Group, Corporate Finance division, corporate strategy cell) as well as external consultants appointed by corporate cells with a view to put forward the business view point about P&B and addressing their concerns / queries of various corporate cells w.r.t P&Bviii. Preparation of P&B presentation, under broad directions of Business Director, to be made before Chairman containing the sum & substance of entire P&B exercise including Strategic Plan, profitability projections, review of operations of past year, Capex approvals, Scenario Building
KRA4 3. Driving the Annual Compensation Exercise for Pulp & Fibre Business with particular emphasis on Indian Units i. Determining the ÂShould Be payout (fixed increase + Variable pay) based on linkages to actual PBDIT.ii. Working out various options w.r.t payment of Fixed Increase and forwarding the same to Business director for his approvaliii. Co-ordinating with units about variable payout calculation and addressing their queriesiv. Ensuring correctness of variable pay calculations as recd from unitsv. Forwarding final recommendations w.r.t Variable Pay to Business director for approval vi. Administering the Employee Compensation Data basevii. Issuing guidelines / formats to all units for ensuring uniformity in compensation working as desired by CHRD.viii. Ensuring correctness of workings as per CHRD formats, as recd from units ix. Acting as link between Units & Business director for resolving their concerns / problems w.r.t compensation issue. x. Interacting with CHRD about compensation proposal and addressing the queries of CHRD xi. Assisting Business Director in Misc compensation related matters including fixation of salaries of employees being transferred overseas, issuance of notes to employee about mechanism of salary increase etc.
KRA5 4. Manage Investor relations of Indian VSF Units i. Analysis of results (Quarterly, Half yearly, Annual)ii. Preparation of Investors presentation, bringing out the salient points of business working of a particular period.iii. Administer data base incorporating Monthly trends of business performance by co-ordinating the same with all unitsiv. Addressing the queries of CFD from time to time
KRA6 5. Analyse / Assess status of Competitors with a view to enable Business Director to formulate appropriate counter strategy i. Administer data base incorporating all relevant information's w.r.t the competitors by collating them from different sourcesii. Discern / Analyse the aforesaid information to bring forth the main features of competitors operations and benchmarking them with our own operations
KRA7 6. Supporting Business Director in analysing & assessing acquisition opportunities i. Collecting / assembling the relevant data from the possible sources and testing it for its veracity before analysing the proposal.ii. Carry out initial due diligence & analyse the viability of the proposal (Financial and other wise) by using various analytical tools (Projected discounted Cash flows, Ratio analysis) and make necessary recommendations to Business director
KRA8 7. Supporting Business Director in analysis of matters involving commercial / accounting issues i. Doing the relevant analysis using the necessary techniques after collecting / assembling the relevant data.
KRA9 8. Misc work ii. Co-ordinate with CFD & Indian Units for availing concessional loans as available to Textile Industry (TUFS) ii. Support Business director in preparation of Various representations to Govt agencies iii. Preparation of Presentations to be made before Chairman as part of review meeting from time to time
