A. Organization Context : Position Title: Head of Business Finance Department: Finance Location: Hyderabad Reports to: Chief Finance Officer Reported by: Business Finance Leads B. Job Objective : - Be a trusted advisor to the business - Advertisement and Circulation, and help them to make key commercial decisions by providing them with actionable insights - Design and implement the various initiatives to improve business performance - Accurately forecast financial performance and implement plans to ensure the financial targets are met C. Primary responsibilities Strategic : - Work hand-in-hand with the Director Advertisement & Circulation and develop strategic options for improving business performance - Pro-actively provide analysis on defined financial intervention points (pricing, cost mgmt. etc.) - Create meaningful performance dashboard for the business that support decision making - Provide accurate & timely information on operating budgets, cash flow management, debt management etc. to be presented to the board as an overall picture of the company's performance - Monitor the different financial performance metrics, plan & implement course correction measures (if any) Core Functional : Planning : - Direct the implementation of strategic business plans through initiatives like development of performance measures & monitoring systems - Evaluate business performance and make adjustments to daily operations when needed to ensure firm's business performance meets overall goals and objectives - Develop and implement an accurate budgeting and forecasting process Operations : - Monitor critical advertisement billing recovery and circulation billing recovery activities - Oversee month-end closing and year-end closing, to ensure quick and accurate reporting of the units financial data and monitor its business performance - Implement and document business processes and accounting policies to maintain and strengthen internal controls People development : - Take overall responsibility for people development initiatives and building up in-house capabilities for the employees in the department - Drive a performance driven culture in the team by timely monitoring, review of performance parameters and feedback to the team members - Contribute towards development of talent for the department by providing subordinates with adequate exposure and growth opportunities to enable readiness for higher roles - Actively participate in HR initiatives to drive overall employee engagement and motivation - Support capability development programs by identifying and recommending the training areas D. Key Result Areas : - Revenue - Profit margin - Operating profit - Operational expenses (Planned vs. Actual) - Advertisement and Circulation recovery - Financial planning, reporting & forecast accuracy - Strategy Implementation - New initiatives implemented(Planned vs. Actual) E. Competency : - Technical Competency - Leadership Competency Competency Level : - Analysis & Reporting Expert Listening Advanced - Stakeholder Management Advanced Strategic Thinking Advanced - Financial Operating Process & Controls Advanced Timely Decision Making Advanced - Capital Structure and Liquidity Management Advanced Cross-Cultural Skills Advanced - Tax Compliance Advanced Team and People Development Advanced - Customer Focus Advanced - Delivering Consistent Results Advanced F. Educational and Experience Requirements : Minimum Requirement : - Level of Education : Post Graduate/ MBA Finance/ Charted Accountant/ CFA - Experience:10 years- experience in financial accounting and closing preferably in Newsprint or publishing company - At least 4 years in a position of similar responsibility - Possible Grade: M5 to M7

Hyderabad

Head - Business Finance - Publication Industry 

Head - Business Finance - Publication Industry  ,Job Description for Head - Business Finance - Publication Industry  in Praaxis Consultant Pvt Ltd in  Hyderabad for (8-25) years of experience. Apply Now!

Job Description for Head - Business Finance - Publication Industry  in Praaxis Consultant Pvt Ltd in  Hyderabad for (8-25) years of experience. Apply Now!