Flipkart - Associate Director - Business Finance

You are Responsible for

A. Financial Planning & Budgeting:

- Develop and manage the annual budget, periodic forecasts, and long-term financial plans in alignment with business objectives.

- Partner with the Business & Risk team, to ensure accurate financial projections.

- Track budget performance, analyze variances, and recommend corrective actions to drive financial efficiency.

- Mid-Year Rolling Forecast to evaluate performance & collaborate to make a mitigation plan to achieve business objectives and AOP.

- Ability to comprehend new business models and do business modelling outlining growth opportunities and driving strategies for rollout.

B. Business Performance Analysis:

- Analyze acquisitions, quality of customer cohorts, sales trends, spread and delinquency to identify growth opportunities as well as understanding the risk related aspects.

- Evaluate business plans related to promotional & operational spends - bringing out a clear case for deploying worked out through cost benefit analysis, financial and non-financial aspects of the decision on health of the business & platform.

- Develop financial models and conduct scenario analysis for new business initiatives.

C. Financial Reporting & MIS:

- Prepare and present monthly, quarterly, and annual financial reports for senior management.

- Ensure timely and accurate reporting of key performance indicators (KPIs) and business metrics.

- Develop dashboards to track performance across LOB's - incorporating necessary cuts related to the respective LOB - essentially covering: Customer Metrics, Lending Metrices, Profitability & Risk cuts.

D. Profitability & Cost Optimization:

- Drive cost control measures, working capital efficiency, and operational improvements.

- Collaborate with Business and Risks teams to identify & optimize leakage areas.

- Identify opportunities for margin expansion and revenue growth strategies.

E. Strategic Support & Business Partnering:

- Assist leadership in evaluating new investments, expansions, and product launches.

- Support affordability & pricing strategy decisions by studying industry practices comparative analysis and cost-benefit analysis.

- Partnering with NBFC operational and leadership teams to understand business situations, strategies, financial and drive communications.

- Work with IT and data analytics teams to enhance financial systems and automate reporting.

To succeed in this role - you should have the following

Key Skills & Qualifications:

a. Beneficial Skills to have :

- 10 Minimum Years Of Experience

- Knowledge of Consumer lending from NBFC or Lendingtech (fintech) POV - covering the aspects of consumer durable lending, seller financing, leasing, personal loans would be an added advantage.

- Knowledge of Credit Card / co-branded card business from financial and business POV will be an added advantage.

- A background of at least 3 to 5 years from a leading or new age NBFC, from Business Finance Partner could be helpful - while not mandatory.

b. Technical Expertise:

- Proficiency in Excel, Power BI, Tableau, and ERP systems (SAP, Oracle, etc.).

- Analytical Ability: Strong financial modeling, variance analysis, and forecasting skills.

- Business Acumen: In-depth understanding of retail metrics, pricing strategies, and inventory management.

- Communication: Effective stakeholder management with the ability to present financial insights to leadership