Manager - Financial Analyst

Birla Carbon; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Madura Fashion & Lifestyle, a division of Aditya Birla Fashion and Retail Ltd, is seeking a Manager in Bengaluru to lead financial reporting, planning and retail analytics in the fast-growing branded apparel group.

You will develop dashboards, monitor budgets, coordinate with brand and channels, and deliver timely insights to support decision making across sales, marketing and inventory.

Qualifications

• Experience in financial reporting and planning for brands.
• Ability to develop dashboards and analyze variances.
• Knowledge of budgeting processes and monthly closes.

Responsibilities

• KRA1 Financial Reporting - Preparation of brand financials with variance analysis monthly.
• KRA2 Financial Planning - Preparation of brand annual operating plan.
• KRA3 Retail Expansion and Operational Review - Develop retail performance decks.
• KRA4 Sales, Marketing and Sellex Analysis - Analyze NSV/volume by sub-brand/channel/region/store.
• KRA5 Pricing and Inventory - Monitor PC to MRP ratios and discount analyses.

Skills

Financial reporting

Budgeting

Dashboarding

Data analysis

Tools

Excel

Job description

At the Aditya Birla Group, our Corporate Vision is aligned and intricately woven with our People Vision.

Designation : Manager

Location : India Karnataka BLR Yemalur - Block 2

Organization : Fashion & Retail

Job Description:

Job Purpose

Job Purpose Description

Job Purpose

Job Purpose Description

Job Purpose

Job Purpose Description

Madura Fashion & Lifestyle, a division of Aditya Birla Fashion and Retail Ltd, is one of India’s fastest growing branded apparel companies and a premium lifestyle player in the retail sector including product lines that range from affordable and mass-market to luxurious, high-end style and cater to every age group, from children and youth to men and women. Madura Fashion & Lifestyle is defined by its brands — Louis Philippe, Van Heusen, Allen Solly, Peter England and People — that personify style, attitude, luxury and comfort. The Units products are sold through a network of 1200+ stores and around 850+ multi brand outlets.
Challenges:

• 1. Cross functional integration for preparation and analysis data


• 2. High level of accuracy to be maintained as the numbers are used by all stakeholders including investors


• 3. To be up to date with changes and reforms in accounting, taxation and other laws


• 4. Deadlines to be adhered to strictly


• 5. Work to be prioritized based on the urgency/importance of requirement. Ad hoc requirements to be dealt with the same level of speed and accuracy.

Key Result Areas

KRA (Accountabilities) (Max 1325 Characters)

Supporting Actions (Max 1325 Characters)

KRA1 Financial Reporting - Preparation of brand financials with all variance analysis at a monthly level

• Track and help Brands / functions manage its spends with in budgeted norms


• Develop dashboard for each of the key deliverables of Brand and monitor against the same and guide in achieving the same by providing timely, accurate information as may be required

KRA2 Financial Planning - Preparation of brand annual operating plan

• Preparation of Mid-month PNL


• Co-ordinate with brand, channels and department heads for the inputs for the budget


• Support for the BRC and Chairman presentation


• Evaluate the changes in business environment and submit the latest estimate (LE) at a quarterly/monthly level

KRA3 Retail Expansion and Operational Review - Develop retail deck for monitoring the retail performance by various metrics

• Analyze the retail cost at a line item level and support the cost saving initiatives

KRA4 Sales, Marketing and Sellex Analysis - Support the Brand with detailed analysis of NSV and Volume at the sub brand, channel , product, region and store level

• Support Brand COO in terms of analysis of Discount Schemes to be run in the market, their impact on income statement, and track spends against the same.


• Support in terms of Sales Promotion analysis, running in the market – retail, trade, departmental stores, liquidation channel etc.


• Develop Market scheme trackers, manage over and under spends


• Track and help Brands and channels to manage its sellex with in budgeted norms

KRA5 Pricing and Inventory & Others - Monitor and analyze and track performance of PC to MRP ratios of products at sub brand level against targets

• Discount analysis by channel for all categories


• Secondary discount approval for Retail


• DS and Retail New Store Proposal analysis

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