Financial Analyst - Material Cost Finance/Capital Budgeting - Automobile Manufacturing Firm

We are hiring for Financial Analyst - Material Cost Finance/Capital Budgeting for a leading MNC into Automobile Manufacturing.

Job Location is Chennai.

Experience - 4 to 8 years

Job Description:

- Play a key role in evaluating the Functions performance and identify opportunities to improve the Profitability of the Company.

- Interface with the Commodity Engineer and Buyer to support Change management of Forward model Program costs

- Ensure adequate Financial Controls for the Function

- Support Special Studies (viz. business cases, scenario planning, decision support, evidence based analysis and recommendations), as required from time to time

- Support and maintain systems used for financial reporting and make necessary upgrades as per requirement of the management

- Implement standardization and automation of business processes, where applicable

Roles and Responsibilities:

- Deliver ongoing tracking, reporting and assessment of the Functions performance

- Financial, operational and strategic goals and initiatives.

- Provide financial reports, analyses and presentations for Finance & Functional leadership

- Prepare issue-to-issue schedules to support analytical requirements and management reviews explaining key drivers for variances

- Prepare financial and other impact of any investment proposal, including financial modeling, IRR / NPV analysis, (e.g., buy vs lease; investment benefits etc.) and provide recommendations to leadership.

- Review / implement Control processes to minimize business risk to the Company

- Support and implement continuous improvement ideas and innovation to enhance the cost efficiency and effectiveness of process/tools

- Support any urgent / unplanned request for special project / Business cases / Benchmarking etc.

- Foster open communication and cordial relationship with functional teams