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Manager/Senior Manager - Finance and Accounts (Business Planning) Job in Mumbai at Mahindra & Mahindra Ltd.

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Manager/Senior Manager - Finance and Accounts (Business Planning)

Mahindra & Mahindra Ltd.

  Full Time Job

  Not Disclosed

  3-5 years

  Posted  30+ days ago

Location
  • Mumbai
Skills Required
  • financial analysis
  • Budgeting
  • Tax Planning
  • Negotiation Skills
  • Budget Management
About this Job

Mahindra & Mahindra Ltd. is hiring for the role of Manager/Senior Manager - Finance and Accounts (Business Planning)!

Responsibilities of the Candidate:
  • Manage Business Planning for the Auto Sector, with the priority objective of supporting the strategic growth plan of the organization.
  • Ensure that various initiatives pertaining to financial planning, budgeting, cost accounting, cash flow management, tax planning, etc. are carried out in the organization conforming to the underlying corporate policies and procedures. These should be compatible with local regulatory guidelines & international standards, and any difference between the two should be reconciled regularly.
  • Conduct financial benchmarking, periodic comparison with competitors within the industry, and benchmarking to identify opportunities and create initiatives for top-line and bottom-line growth. Also responsible for publishing periodic reports and benchmarking analyses to be shared with Functional Leadership.
  • Study analyst reports of M&M and of competitors and identify potential opportunities for improvement in financial and operating parameters resulting in enhanced profitability, optimizing Capex, and better management of working capital and overall cash flow.
  • Provide financial expertise to support solar projects initiated to meet the environmental commitments.
  • Evaluate business cases with detailed assumptions and analysis for different scenarios in coordination with the central sustainability team.
  • Support implementation activities of the project (e.g., term sheet discussion, negotiation on commercial and financial related clauses, drafting of relevant clauses on the agreement, etc.) and providing post-implementation support.
  • Evaluate business cases for new projects and those relating to synergies with M&M Group.
  • Evaluate capex proposals/business cases (savings-based/capacity expansion etc.) at the time of annual budgeting activity.
  • Evaluate and recommend additional capital budget requirements during the year.
  • Evaluate IMCR proposals and calculate the payback period for such proposals as and when required.
  • Support any other special project as and when required (e.g., to support M&A activities/creation of new businesses within the Sector/provide support to operations for inorganic growth initiatives including the merger of some existing businesses).
  • Provide quarterly price updates for SKD kits and spare parts shipped to certain international businesses.
Requirements:
  • 3-5 years of experience
  • C.A/I.C.W.A.I
Eligible Degrees
MBA / All Courses
Bachelor of Technology/Engineering / All Courses
Master of Technology / All Courses
Bachelor of Arts / All Courses
Bachelor of Science / All Courses

+86 More

Who can apply
Work Experience: 3-5 years
Eligible Graduation Years: 2023, 2022, 2021, 2020, 2019, 2018
Documents Required

1. Resume

2. ID Proof (e.g. Aadhar Card, PAN Card, etc.)

About Mahindra & Mahindra Ltd.
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