TVS Electronics is an Indian electronics manufacturing company, headquartered in Chennai. TVS Electronics designs, manufactures and distributes IT products, dot matrix printers, point of sale terminals, printer supplies, keyboards, mobiles, mouse, uninterruptible power supplies, and set top boxes. TVS Electronics was established in 1986. TVS Electronics also provides design, manufacturing and service support on a contractual basis for telephone and IT Companies.
Vacancy summary details :
- Company Name: TVS Electronics
- Location :Chennai
- Post Name:Financial Analyst
- Qualification:B.Com,MBA/PGDM
- Experience:00 – 04 years
- No of Vacancies: 01
- Details of Salary:2-3.5 Lacs P.A.
Job description
Roles:
- Collaborate with the Business Financial Leadership at TVS- E to identify financial needs and strategic directions for the organization, focusing on optimizing performance and driving strategic /Budgeted initiatives as per agreed plan.
- Partnering with Allocated Business line / BU heads in delivering the results as per PLAN and ensure project financials are as per signed contract.
- Aid in identifying business unit opportunities and challenges to enhance overall performance, contributing to strategic initiatives, and improving financial outcomes for each projects
- Provide analytical and strategic support to align Business Unit efforts towards various processes in Customer Lifecycle Management, such as Working closely on RFPs, pricing, risk management.
- Develop and maintain revenue models encompassing the aforementioned areas, creating early indicators for both risks and opportunities.
- Support Business Unit Finance Teams in Financial Planning and Analysis (FP&A), including tasks related to Financial Planning, Financial Reporting, and Financial Analysis.
- Manage and report on the annual budget, while providing regular updates through monthly and quarterly analyses like Outlook and Latest Estimates (LEs) Additionally, conduct ad-hoc analyses as required.
- Emphasize reporting on Business Unit performance, focusing on revenue and the various metrics driving revenue as a critical aspect of the role.
Key Responsibilities
Revenue Management
- Analyse and monitor revenue streams across various customer segments and product lines.
- Utilize data analysis to understand and forecast revenue trends, identifying opportunities for growth and improvement.
- Support pricing strategies and tactics to optimize revenue and market competitiveness.
- Collaborate with sales, marketing, and finance teams to align revenue goals with business strategies.
Commercials:
- Working on RFP’s ,Pricing, Understanding the contract documents and suggesting risk mitigation levers
- Collaboration with Business and ensuring timely closure of RFP’s
MIS & Reporting
- Assist in the monthly closing process of books to produce accurate financial reports and MIS related to budgets, actual results, account payables, account receivables, expenses etc
Budget/Planning/Forecasting
- Ownership in preparations of business plans and budgets while collaborating closely with Allocated business lines.
- Tracking Month on Month actuals Vs Annual Plan
Project Financials /Margin Improvement
- Emphasize reporting on Business Unit performance, focusing on revenue and the various metrics driving revenue as a critical aspect of the role.
- Working on various Business reports, proactively identify issues, investigate, and provide recommendations that will enhance visibility and directions to business.
- Ensure cost/exp tracking is done as per signed contract and raise red flags much in advance to mitigate risk
- Initiate and manage ad-hoc and special projects to meet specified team and business needs.
Assisting Audit and compliance
- Responsible for the Audit procedure/providing relevant data and inputs to ensure appropriate statutory financials are reproduced and submitted to authorities.
- Ensure billing /credit /Provisions are monitored as per scope of business.
- Tracking Unbilled Inventory and following up with related parties and stakeholders
- Support Business Unit Finance Teams in Financial Planning and Analysis (FP&A), including tasks related to Financial Planning, Financial Reporting, and Financial Analysis.
Experience, Knowledge, and Tools:
- Finance Decision Support.
- Knowledge of ERP/Tools
- Data Analysis
- KPI Development, Maintenance and Reporting
- Financial analysis, forecasting and business performance modelling.
- Reporting: cash flow, profit, and loss, and ad hoc.
- Expert in MS Office products, especially Excel and PowerPoint
Physical Demands: Work from Office, to be available to collaborate and work closely with allocated service line and BU.
Qualification: M.com /M.B.A(Finance)>>>Please not (CA Not required)
Experience: 2-5 Years >>>Please not (No Fresher to be hired)
Hiring Level : Executive /Sr. Executive Business Finance
