Emotorad - Senior Financial Planning & Analysis Role

About the Company:

We see ourselves as a bunch of crazy maniacs who refuse to understand "It Can Not Happen". People know us for building the most awesome e-bikes (electric bicycles) but, how we see it is "We believe we are changing the world, one e-bike at a time, and playing a part in bringing India to the Global map for EVs." The company aims to bring across top-quality eBikes which would currently cost way higher in the

Indian market at an affordable price utilizing its local sourcing and manufacturing capabilities. We are currently the market leader in India across the e-bike category and are just on the verge of announcing our series A. Having grown from a team of 5 to now 150+ across the globe, from a small garage to now offices across 12 countries and clocking in INR 225+ cr revenue in first three years of operations. We think this is a great start to our exciting journey. Come, join us, help us transform the world, mobility and have a blast while doing it! Think you are the right fit? Feel free to apply!

Purpose of Role:

- Operating within the Finance team, the role holder will be responsible for running a reliable and responsive Financial Planning and Analysis function that provides the Senior Management Team, Board, and Managers across the Company with timely, accurate, incisive, value-add relevant management information and analysis which facilitates effective decision making. This will include the provision of monthly reports, critical review, and interpretation of results forecasts and scenario analysis. Additionally, the role holder will be responsible for developing the costing and pricing model, working with a range of stakeholders.

- This role will play a key business advisory role in highlighting key financial issues and risks to be considered. Responsibilities include financial support for the strategic plan; running future financial projections, budgeting, forecasting, reporting, and control of the P&L, cash flow, and capital adequacy; scenario analysis; product profitability, cost-benefit analysis, and investment appraisal. The ideal candidate must have strong financial modeling skills, a solid understanding of accounting

principles, and excellent communication abilities.

Key responsibilities:

1. Financial Management Reporting

- Develop and produce monthly reports to communicate business and financial performance along with analysis and commentary in adherence to strict deadlines.

- Prepare and analyze top line/bottom line Budget vs Actual of brands/categories, channels, and/or geographies.

- Provide research and development project spend, including tracking efficiency savings versus business targets.

- Enable keeping tight controls on cost and promotional spending to identify profitability at the targeted level.

- Working on cost and profitability per product and recommending new productivity or cost-saving initiatives

- Create presentations that provide insightful analysis, highlight trends, key actions, effectively frame decisions to be made, and strategic implications.

2. Financial Planning and forecasting

- Lead the company's annual budget process.

- Lead the production of periodic forecasts, ensuring that risks and opportunities are highlighted.

- Lead the production of rolling forecasts for Sales and profitability and build scenario analysis as and when required by the Management.

3. Business Partner Support

- Build strong and positive relationships with budget holders and senior managers providing the necessary assistance and professional advice to assist them with the financial aspects of their duties.

- Be the focal point for complex financial queries, providing advice to stakeholders.

- Develop and maintain effective relationships with cross-functional teams at all levels of the organization. Partner with the accounting team during the close process, which includes reviewing departmental general ledgers and providing P&L and Cash variance explanations to budget and forecasts.

4. Systems / Processes / Controls

- As the Company's process leads for the budget, forecast, and financial management reporting processes, responsible for identifying and implementing efficiency and process improvements.

- Working with the Head of Accounting to investigate and implement improvements in budgeting/forecasting and reporting and ensure accuracy, integrity and credibility of the financial data supplied by the Finance team to internal and external stakeholders.

5. Leadership / Management

- Manage and organize the work of the Financial Planning & Analysis team and coach them when needed.

- Focus on continued automation of processes and implementation of best practices within the Finance and Accounts department.

- Work to recommend suitable technology solutions to enhance financial modeling and analysis capability.

6. Financial and business strategy

- Support the CFO in communicating financial strategy.

- Provide the Board with relevant and timely information to enable it to assess performance against the Group's strategy and objectives.

- Develop financial KPIs which will be used to assess the success of both business and the financial strategy.

- Employ a flexible business partnering approach.

- Undertake any other analysis or report as required by the CFO.

- Assist in the evaluation of potential investments, fundraising, mergers, and acquisitions.

Requirements and skills:

- Strong analytical skills, able to identify and interpret trends and variations.

- Attention to detail and accuracy. Startup Experience and investor relation expertise is a must.

- Experience in producing a management reporting pack and metrics for senior stakeholders.

- Experience in managing budgeting and forecast processes in the manufacturing industry.

- Ability to understand the strategic business goals of an organization, able to 'look beyond the numbers' and understand the wider business context.

- Strong interpersonal, written, oral communication, and presentation skills, able to communicate, concisely, accurately, and in ways that promote understanding, to both finance and non-finance specialists.

- Strong finance system skills, including Excel, power point and using and developing reporting tools like BI.

- Knowledge of accounting principles and financial statement analysis.