Division Head - Finance

Certainly! Here's a shortened and more concise version of the job description:

1. - Budget & Profitability

- Achieve business targets and budget fulfillment.

- Drive profitability and cost reduction.

- Increase Disbursement and Market Share of Commercial Equipment Business.

- Maintain targeted IRR.

2. - Team Management

- Allocate manpower and provide training.

- Communicate new policies and guidelines.

- Conduct appraisals and provide feedback.

- Identify skill gaps and provide training.

- Conduct engagement and recognition activities.

3. - Relationship Management

- Develop relationships with Dealers, brokers, DSA, and organized channels.

- Implement fraud vigilance measures.

4. - Portfolio Management and MIS

- Support team for volatile customers.

- Maintain a healthy portfolio for the Commercial Equipment segment.

- Provide regular MIS reports.

- Monitor portfolio continuously and suggest corrective actions.

5. - Competitors Analysis

- Analyze market share and business growth.

- Study competitors' business strategies and best practices.

- Capture market information for decision-making.

6. - Key Challenges

- Streamline divisional business operations.

- Reduce OD and penetrate rural markets.

- Improve customer services.

- Manage seasonality risks.

7. - Decision Making Authority

- Financial powers within budget.

- Approvals for exceptions as per limit.

- Staff selection and appraisal authority.

- Administration powers for leaves and vouchers.

- Functional decisions related to business schemes and portfolio.

- Discretionary powers.