Job Title

DGM – Business Finance planning & Operations

Reports To

CFO

Date

November 2024

In Summary, the primary responsibility of this function is  efficient management of financial planning, reporting, Budget Vs. Actual Variance analysis, financial modelling to evaluate  profitability of any new product/services & effective management of monthly/quarterly business operating review process.

 Detailed break down of main objectives are:

·       Collaboration with   Business Heads, Function heads, sales team & Finance to prepare detailed business plans, annual budgets and subsequent forecast for management review.

·       Monitoring business plan against actual & provide expert financial insights and analysis to guide decision-making at the highest level.

·       Identify opportunities for revenue growth, cost optimization, and operational efficiency.

·       Create financial models to support investment decisions and business strategies.

·       Close coordination between finance and other departments to facilitate data-driven discussions.

·       Utilize advanced data analytics and visualization tools, such as Power BI, to present financial insights.

·       Oversee financial reporting and performance metrics, ensuring accuracy and compliance.

·       Drive system automation and report automation initiatives to enhance operational efficiency in co-ordination with local & global IT team.

·       Assist senior management to manage time bound projects.

The role will be a middle management role as individual contributor to start with  and will have team member in future commensurate with the business scales.  

The role involves interaction with various SLT members, Sales team, Finance & Accounts team, Local/Global IT & Global Business partners.

Budgeting/Forecasting:

Ø  Interact with Global business partners for reporting timetable & reporting formats.

Ø  Prepare  local timetable to achieve the global reporting timeline.

Ø  Co-ordinate with local business & other function teams to gather data to manage the global reporting timetable.

Ø  Prepare detailed plan with financial analysis & discuss the same with various stake holders.

Ø  Prepare a detailed deck for senior management review before presenting the same to Global management.

Ø  Reporting the final Budget/Forecast into global financial planning tool.

Monthly /Quarterly/Yearly Reporting (MIS reporting):

Ø  With close coordination with operations, finance & business teams, prepare periodic budget Vs. actual reports.

Ø  Prepare detailed variance analysis & propose data driven measurable actions to adhere the initial business plans.

Ø  Present  MIS data for presenting in monthly operating reviews with senior management.

Ø  Provide data as & when required to local/global business teams in close coordination with Finance/Accounts.

System & Reports automation

Ø  For faster & accurate data driven decision making, integrate various system data &    reports automation.

Ø  Create PowerBi dashboards for senior management for periodic data review.

Profitability analysis of products/services

Ø  Use financial modelling to assess profitability of any new/exiting product or services.

Ø  Guide sales team to make efficient data driven business decisions.

Ø  Create sales incentive structure for Sales team & calculate final incentives based on yearend data.

Ø  Monitor distributor incentive schemes & suggest any changes based on data analysis.

(a)  Operating Environment:

Intensive Sales Environment, Fast paced execution, managing multiple engagements at the same time. Working with governments and education boards & bodies

Strategic and Thought leadership engagement with the Business partners/clients

Managing and working within Cambridge's compliance framework.

Collaborating with internal peers and Cambridge Leadership team and working in a matrixed organisation to deliver results

(b) Framework &   Boundaries:

To adhere Global/Local reporting timetable & formats. To abide by the global compliance policies.

(a) Subordinates:

 Individual contributor to start with.

(b) Superior(s):

Frequent and close interactions with CEO/COO, Global Business partners and local business/function heads.

(c)Other Contacts:

Within the company

Outside the company

Maintaining a regular and close contact with Key Businesspeople, Operation & Finance/Accounts Team for faster data collation.

To Interact with internal/external auditors in case they need data analysis & relevant explanation for budget vs. actual.

·       7-10 years of experience in Business Finance planning & operations including Financial Planning/Budgeting/Forecasting with a strong focus on system/report automation.

·       MBA from a prestigious institution preferred.

·       Good understanding of P&L, Balance Sheet & Cashflow statements along with basic understanding of accounting principles.

·       Proven ability to support and influence executive leadership and drive strategic financial decisions.

·       Exceptional data analytical skills, with a keen ability to extract insights from complex financial data.

·       Advanced proficiency in Microsoft Excel, including complex financial modelling and forecasting.

·       Good project management skill.

·       Strong knowledge of data visualization tools, especially Power BI.

·       Outstanding communication skills, both spoken and written.

·       Strong presentation skills using latest PowerPoint functionality to senior management.

·       Knowledge of system automation and report automation tools and processes.

·       Ability to work collaboratively with cross-functional teams and interface with senior leadership.

·       Strong focus to data accuracy and integrity.

·       Strong strategic thinking and problem-solving abilities.

Working with cross functional teams & adherence to the global /local reporting timelines. Collating data from different systems, processing & presenting the same in a timely manners to senior management to take appropriate course correction measures.