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Commercial Finance Lead for a German Medical Devices MNC (Bangalore)
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Commercial Finance Lead for a German Medical Devices MNC (Bangalore)
Commercial Finance Lead for a German Medical Devices MNC (Bangalore)
Location
Bangalore
Industry
Pharmaceutical & Healthcare
Contract Type
Permanent
Salary
₹ 3,500,000 - 3,800,000
Published
Contact
Aakanksha Singh
Reference
29-13-8686
Academic title
MBA/PGDM
This position is archived.
This position is archived.
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Job description
Ability to develop and implement commercial strategies, meeting company goals and objectives
Focus on strategies to accelerate growth.
Working knowledge of how to conduct market research and analysis including the creation of detailed business plans.
Extensive understanding of business growth models and the ability to foresee commercial opportunities.
Develop plans for expansion and business development
Understand existing customer relationships and their requirements to ensure they are being met
Willingness to take strategic risks, acting to acquire new customers and manage client relationships
Collaborate with and coordinate diverse teams (marketing, sales, customer service, etc.)
Excellent relational skills, working tirelessly to build and maintain beneficial partnerships with key stakeholders
Strong working knowledge of metrics to monitor the performance of commercial activities, reporting results to senior management
Strategic development and critical thinking skills needed to assist in setting financial targets, developing budgets, and monitoring compliance
Maintain up to date pricing in system-based material master.
Upload price amendments received from headquarters time to time.
Interact with local and HQ master data management team for keeping accurate pricing in system
Analyzing the business performance, including the profitability, revenue, pricing and cost of goods sold
Lead role in advising around pricing for commercial contracts
Partnering with business managers to drive financial performance
Taking a lead role in solving commercial issues that may arise
Sales Operation
Lead sales operation and ensure smooth operation and drive automation in manual and reparative processes.
Drive CRM adoption and end to end transparency, Data cleanup, publishing Dashboards.
Procurement
Ensure ROP, ROQ, Rate contracts, etc. for local items.
Negotiate with supplier on third party items and ensure desired quality of supplies through these suppliers.
Accounting / provisions
Keep overview on P&L positions
Carry root cause analysis and then mitigation plan for identified risk areas
Ensure team is submitting data on time for correct accounting and expense booking.
Working Capital Management
Actively involve in working capital planning.
Drive operational efficiency in terms of inventory and receivables to optimize MED working capital ratios.
Work with legal team on disputed cases of accounts receivable.
People Development
Follow a culture of continuous improvement and learning
Demonstrate a self-directed and high-performance culture in the team
The incumbent will manage a team of 14 people (4 direct, 10 indirect)
Requirements
CA/ICWA/MBA (Finance) is required
Min. 6-7 years experience in commercial finance in a large MNC
Team handling experience is mandatory.
Experience is INCOTERMS, GST, Contracts, Export/Import & Payments is required.
Benefits
Exposure of working with a global MNC.
Other notes
For more related job opportunities visit
https://www.elixir-consulting.com/en/job-search
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This position is archived.
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This position is archived.