Business Finance Partner - Bengaluru/Bangalore
- Flipkart
- 3 - 8 years
- Bengaluru
- 3 years ago
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Job Description
Roles and Responsibilities
About Flipkart
In 2007, we started the Flipkart (FK) journey by selling books online. But now, over a decade later, our story is quite different. Today, Flipkart is Indias largest online marketplace and one of Indias leading technology powerhouse that is disrupting the way India shops online. What has got us here? The dynamic, passionate and talented folks we call Flipsters!
Our core values define our identity and form the basis of our actions and reflect in everything that we do at Flipkart. Values enable us to shape the desired organizational culture in which each Flipster can thrive and be at their best.
We believe in taking bold bets and changing the paradigm, having a sense of urgency to solve problems strategically and putting great ideas into action. We look at the world from our customers point of view and keep customers at the heart of everything we do. We strive to do the right thing always and be committed to our customers and stakeholders.
About the team
The Business Finance team partners with the business team to drive growth sustainably. The team drives efficiency in the investment being made to drive topline and customer metrics. Focus remains on improving category margins and minimizing financial risks by understanding the key business drivers, analyse key financial metrics, provide value add analysis, support to sales / finance management (budget analysis, portfolio management and financial forecasting). They support cross business units within Flipkart.
About the role
We are seeking a solid, self-starting finance professional to partner with business teams, who will be enabling decisions for growing existing businesses and building new ones from scratch at Flipkart. This role is more than finance: it requires ability to invent, go beyond the standard business rules to experiment and conceive together with the business partners- financial sustainable solution.
The successful candidate should have a history of:
Delivering high quality financial control,
Business partnering with Category team to prepare roadmap for sustainable growth,
Driving cost optimization projects across teams to improve bottomline,
Working on projects related to Working capital optimization and Inventory control
Ability to model new and ambiguous businesses,
Work in a constantly changing environment
Motivated by a fast-paced and highly entrepreneurial environment.
This is a perfect position for someone who knows how to work fast and smart. This person will work on multiple tasks, helping his/her business partners understand financial decisions and as the trusted business advisor. As a member of a growing team, you will deal with a high level of ambiguity and changing priorities. The successful candidate will maneuver through the ambiguity, communicate effectively across teams and levels, while balancing the needs and requirements of internal and external customers.
Job Purpose
Drive Category Performance, Deliver Strategic Plans, Provide 'real time' strategic and decision support through thought leadership and insightful analytics for a sustainable & profitable growth.
Principle Accountabilities
Financial & Business Planning
Formulate & Drive Business Plans / Strategies for the Market for specific categories and Division to operationalize the 3 Yr & 10 Yr Plan
Analyse and develop Industry landscape to recommend Category / Product Play.
Benchmarking vis a vis Market Channels and Segments, Competitive Actions and Combative Counter Plans
Lead Annual Operating Plan and Forecasting ( Monthly / Quarterly) and reframing Year to Go to deliver goals for the year
Operational Execution and Reviews -
Co-own the Business P&L and KPIs along with Business Teams
Drive Operational Excellence thru deep dive analytics on Business Drivers and leading the change / execution with Operating Teams
Hold fort on Key Business KPIs viz. Revenue, Mix, Segments, Margins and Working Capital.
Crisp Presentations and creative visualizations explaining financial & business results - Deliver key messages to Category / Business leaders / Executive Committee and maneuver to a decision
Business Case preparation and Performance review of new Investment. Insights thru Return on Investment / Payback & decision Drivers
Analyse key business drivers regarding industry and competition and provide regular business risk assessment reports to Leadership Team
Establish business intelligence reports & dashboards to streamline the financial and operations MIS across various categories / locations / initiatives
Identify Levers for Revenue, Mix and Margin improvement opportunities and establish pricing / discounts / trade schemes guidelines
Commercial
Partner with merchants for Terms of Trade closure with Brand Owners / Vendors / Suppliers Pricing, Merchandizing, Visibility, Listing, Trade Schemes etc.
Analyse the regional performance and provide meaningful insight on price investment and competitiveness of assortment
Identify and Lead Working Capital Improvement opportunities / plans / actions for the Vertical
Processes / Automation
Develop and implement processes commensurate with size, scale, complexity and business needsJob Classification
Industry: InternetFunctional Area: Finance & Accounting,
Role Category: Finance
Role: Finance
Employement Type: Full time
Education
Under Graduation: Any GraduatePost Graduation: CA in Any Specialization, ICWA (CMA) in Any Specialization
Doctorate: Any Doctorate
Contact Details:
Company: FlipkartLocation(s): Bengaluru
Website: https://www.flipkart.com/
Keyskills: Business Partnering Portfolio Management Business Finance Financial Forecasting Decision Support Budget Analysis Budgeting Financial Control Working Capital Financial Management
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