Bajaj - Finance Role - International Business

Key Activities

Planning, Strategy & Financials

1. 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

2. 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

3. Ensure financial integrity with strict compliance to local statutory, regulatory, legislative and tax requirements

4. Responsible for ideation for profit generation and planning in the region

5. Prepare Monthly MIS/ Reporting within due dates for local as well as corporate leadership team on business performance and highlights

6. Prepare detailed account statements on a periodic basis (monthly/quarterly/annually)

7. Responsible for working capital management and forecasting of Cash/fund flow requirement

8. Responsible for filing of Direct and Indirect tax returns, financial returns and payment of applicable taxes and local levies

Operational/ Functional

Act as a Business Partner to drive topline and bottom-line for IB countries, this includes but not limited to:

Finance Management:

1. Manage and oversee daily operations relating to finance of MEA, Nepal and ROW

2. Approve all spends before they are sent for payment processing- Logistics, supply chain, legal, marketing, sales promotion etc.

3. Generate financial dashboards, MIS, reports and statements

4. Adhere to accounting standards / ensure financial compliance in conjunction with the local law, IND AS and corporate accounting standards

5. Strong cost controlling / Optimization background. Allocation and monitoring of the control centers.

6. Budgetary Control including preparation of annual/monthly budgets and variance analysis

7. Maintain dialogues and working relationship with auditors, auditors (external/internal) and legal firms and others to ensure compliant operations.

8. Guide local and corporate team on compliance of all matters-finance, accounting, tax for the country.

Commercial Finance:

1. 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.

2. 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.

3. Assist in negotiation and closure of commercial terms with new distributor, Contract Manufacturer and other such local business partners.