Manager - Finance Business Partner(fkw) Job in Flipkart

Business Finance Senior Manager

About Flipkart

In 2007, we started the Flipkart journey by selling books online. But now, over a decade later, our story is quite different. Today, Flipkart is India s largest online marketplace and one of India s 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 customer s 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

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 KPI s 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 KPI s 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 needs

• Champion simplification, standardization and automation opportunities and lead these projects

What you ll do:

• Perform financial forecasting, reporting, and operational metrics tracking

• Analyze financial data and create financial models for decision support

• Increase productivity by developing automated reporting/forecasting tools

• Mentor the team and ensure learning curve for their growth

• Ensure maintenance of Data archives for easy consumption whenever required

• Report on financial performance and prepare for regular leadership reviews

• Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements

• Work closely with the accounting team to ensure accurate financial reporting and decision support

• Evaluate financial performance by comparing and analyzing actual results with plans and forecasts

• Provide analysis of trends and forecasts and recommend actions for optimization

• Recommend actions by analyzing and interpreting data and making comparative analyses; study proposed changes in methods and materials

• Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards.

Post-Graduate from a tier 1/ tier 2 University or business school / should hold a degree in
finance CA/MBA (2012to2014) - 6 to 8 yrs of expereince

Strong analytical rigour and problem solving skills

Strong communication & Interpersonal skills

Proficient in MS Office

Proactive, takes initiative, self-motivated, team player

Business Finance Senior Manager

About Flipkart

In 2007, we started the Flipkart journey by selling books online. But now, over a decade later, our story is quite different. Today, Flipkart is India s largest online marketplace and one of India s 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 customer s 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

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 KPI s 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 KPI s 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 needs

• Champion simplification, standardization and automation opportunities and lead these projects

What you ll do:

• Perform financial forecasting, reporting, and operational metrics tracking

• Analyze financial data and create financial models for decision support

• Increase productivity by developing automated reporting/forecasting tools

• Mentor the team and ensure learning curve for their growth

• Ensure maintenance of Data archives for easy consumption whenever required

• Report on financial performance and prepare for regular leadership reviews

• Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements

• Work closely with the accounting team to ensure accurate financial reporting and decision support

• Evaluate financial performance by comparing and analyzing actual results with plans and forecasts

• Provide analysis of trends and forecasts and recommend actions for optimization

• Recommend actions by analyzing and interpreting data and making comparative analyses; study proposed changes in methods and materials

• Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards.

Post-Graduate from a tier 1/ tier 2 University or business school / should hold a degree in
finance CA/MBA (2012to2014) - 6 to 8 yrs of expereince

Strong analytical rigour and problem solving skills

Strong communication & Interpersonal skills

Proficient in MS Office

Proactive, takes initiative, self-motivated, team player

5

Business Partnering, Financial acumen

Bangalore,Karnataka

CA/MBA