Job Description :
Business finance role involves close interactions with the business teams to arrive at the right pricing for the various products and services. The role also involves the evaluation of go / no go on new business initiatives.
Functional Area : Finance
Roles & Responsibilities :
- Understand the various products and services of the Company including a granular understanding of the revenue drivers for each of the offering
- Prepare pricing models with emphasis on margins, EBITDA, IRR and articulate the underlying cost and pricing assumptions
- Examine requirements from the business teams, seek relevant information and respond to the business teams with the prices
- Engage in internal deliberations / brain storming with the business teams on pricing strategy and customer expectations to finalise the pricing approach
- Read and understand RFPs / tenders, prepare pre-bid queries and respond as per the requirements of the RFP
- Appreciate sensitivities of pricing information, maintain data base of prices and ensure complete confidentiality
- Monitor competition prices
- Prepare commercial proposals with detailed terms and conditions
- Participate, wherever required, in customer negotiations
- Ensure PO received is in line with the proposal
- Contribute to the discussions on the preparation of agreements / contracts
- Support business teams in evaluating new business opportunities by addressing commercial and profitability aspects
- Participate in vendor negotiations, wherever required
Key Skills :
- Excellent business acumen with ability to grasp key business drivers is a must
- Ability to build business models with an eye for detail
- Very good understanding of pricing and costing principles
- Prior experience in responding to tender (RFP) based work is a must
- Appreciate customer sensitivities
- Ability to work under pressure and to work with quick turn-around times
- Very good communication skills and ability to interact with business heads and other senior personnel in the organisation
- Excellent knowledge of MS office is a must
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