Job Description

:Job Purpose : Lead and oversee the strategic management of financial planning, budgeting, MIS development, and treasury operations to ensure optimal allocation of resources, informed decision-making, and regulatory compliance while focussing on innovation and efficiencyStrategic Planning & Budgeting:-

• Participate in strategic brainstorming sessions with the CEO, CFO, COO, and BD Head to develop, refine, and evaluate long-term plans covering periods of 3, 5, and 10 years
• Finalise budget in consultation with the CFO ensuring alignment with organizational goals and financial sustainability
• Continuously monitor and analyse budget performance to uphold adherence to both financial and operational targets
• Assess various funding options and formulate effective fundraising strategies, to secure necessary resources in alignment with organizational goals
• Propose and devise the company\'s capital structure, considering shareholder and Board guidelines, to optimize the company\'s financial framework
• Perform market benchmark analysis to evaluate competitive reports and provide insights that inform the company\'s financial strategy to guide strategic decision making
• Develop and execute treasury strategies to enhance the efficiency of the company\'s financial resources

Financial Management

• Review project feasibility models prepared by the team and assess financial parameters to guide the BD team in deal evaluation
• Develop deal structuring notes with comparative analysis, offering recommendations on structuring, funding options, and risk mitigation
• Ensure tax-efficient deal structuring and cash flow optimization
• Oversee commercial due diligence processes, ensuring thorough assessment of risks and adherence to regulatory requirements
• Collaborate with legal professionals and consultants as needed to address legal risks if any
• Lead fundraising initiatives and negotiations with financial institutions, leveraging relationships and expertise to secure favourable terms
• Perform a thorough review of budget versus actuals, furnishing data-driven insights to facilitate informed decision-making and financial oversight to the CFO
• Guide cost analysis efforts, prioritizing areas for potential cost reduction and efficiency improvement based on organizational priorities
• Advocate for best practices in financial management and decision-making
• Monitor and mitigate financial risks, including those associated with foreign exchange and interest rates
• Highlight financial and contractual risks associated with vendor/ consultant agreements and ensure appropriate action is taken
• Optimize contract structures to enhance cost efficiency, cash flow, and tax effectiveness wherever feasible

Stakeholder Relationship Management

• Foster strong relationships with credit rating agencies to safeguard and elevate the organization\'s credit profile
• Lead negotiations for favourable banking arrangements and services with key banking partners
• Cultivate and sustain relationships with Investors and Joint Venture (JV) partners, providing consistent project updates and addressing and apprehensions.
• Engage in vendor and contract negotiation committees or sub-committees in accordance with delegation of authority guidelines

Digitization & Data Assurance

• Drive automation initiatives within Treasury, Sales, Budgeting, and reporting functions across financial applications such as SAP, Tableau/BI tools etc
• Implement data security protocols and best practices to protect sensitive information managed by the team
• Continuously assess and enhance data-related processes and systems
• Provide regular updates on process automation progress to the CFO

People Management

• Build a strong team to achieve business objectives
• Provide functional expertise and mentoring to teams and build strong talent pipeline
• Set performance expectations, review team performance and provide constructive feedback
• Identify training needs for team members and ensure the execution of the required training programs in a timely manner
• Differentiate performance and reward high performers, thereby building high performance work culture

Aditya Birla Group