Senior Finance Manager (India) at Avnet

Bangalore, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

18 Jul, 26

Salary

0.0

Posted On

19 Apr, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Planning, Financial Modeling, P&L Projections, Budgeting, Cost Analysis, Ratio Analysis, Economic Research, Working Capital Management, Investment Analysis, Key Performance Indicators, Financial Reporting, Strategic Planning, Project Management, Team Leadership, Data Analysis, Business Operations

Industry

electrical;Appliances;and Electronics Manufacturing

Description

Job Summary: Oversees a team reporting, analyzing and interpreting financial and operating data for accounting and business operations management. Generates financial forecasts and creates financial models to support the organization's financial and business planning decisions. Provides oversight and direction regarding assigned team, financial and operational activities. Manages and/or participates in projects to improve financial operations. Principal Responsibilities: Responsible for oversight of analytical support provided to include P&L projections/forecasts, scenario planning, ratio analysis, budgeting, and cost analysis related to business models. Oversees team of analyst performing economic research and studies in the areas of rates of return, depreciations, working capital requirements, investment opportunities, investment performance and impact of governmental requirements. Analyzes, reviews and summarizes recommendations for financial plans, acquisition activity, trended future requirements and operating forecasts. Reviews financial reports for forecasting, trending, and narrative results analysis. Manages team responsible for develop standard and ad-hoc monthly reporting. Advises team developing, monitoring and reporting out on key performance indicators for the business Oversees the development, preparation, and presentation of short- and long-range financial plans. Develops and implements policies and processes for financial reporting. Lead or participate on cost saving projects for a global approach. Identify cost saving opportunities, attention to detail, and partner with business owners to communicate findings and recommendations. Other duties as assigned. Job Level Specifications: Manages direct managers and/or highly skilled specialists who exercise significant latitude and independence. Often oversees one or more departments or related teams. Establishes operating policies and procedures that affect departments and direct teams. Interprets enterprise-wide policies and procedures. Develops budgets, schedules and performance standards for one or more departments. Responsible for resources and policy formation in area of responsibility. Assignments are defined in the form of long-term objectives. Decisions are guided by resource availability, functional objectives and independent judgment. Collaborates frequently with internal and/or external management. Leads meetings, projects, and briefings for internal and/or external representatives. Often coordinates efforts between functional areas and/or members of an extended assignment/project team. Decisions likely have extended impact on the outcomes of multiple departments or teams. Erroneous decisions or recommendations will likely result in critical delays and/or modifications to projects and/or operations; causing substantial expenditure of additional time, people and/or financial resources, and jeopardize future business activity. Work Experience: Typically 8+ years including 3+ years of management experience Education and Certification(s): Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained. Distinguishing Characteristics: Travel maybe required. The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills. As a leading global technology distributor and solutions provider, Avnet has served customers’ evolving needs for more than a century. Through regional and specialized businesses around the world, we support customers and suppliers at every stage of the product lifecycle. We help companies adapt to change and accelerate the design and supply stages of product development. With a unique viewpoint from the center of the technology value chain, Avnet is a trusted partner that solves complex design and supply chain issues so customers can realize revenue faster. Avnet companies: Avnet Abacus Avnet Embedded Solutions Avnet Integrated Solutions Avnet Silica EBV Elektronik element14 Farnell Hackster.io Newark Softweb Solutions Tria Witekio

Responsibilities

The Senior Finance Manager oversees financial reporting, forecasting, and analytical support to drive business planning and operational efficiency. They lead a team in developing key performance indicators, managing cost-saving projects, and ensuring the integrity of financial policies.