Business Finance Partner

Job Description

This is an exciting opportunity to work as Finance Business Partner for TimesPRO, a market leader in the Vocational Education and Professional Education sector. The candidate will be required to manage the monthly financial reporting, planning processes and provide controllership for the Business Unit. The position will work closely with the respective business head, and update him about the performance of individual projects, analyse the overall cost for the business unit and suggest scope for cost optimisation. This position should attract individuals who are motivated by working and winning with the team seeing challenges as an opportunity for personal development. Manage revenue and related expense reporting for a Business Unit, thereby ensuring control, accuracy, predictability and timely delivery of results, comparative analysis and commentary to BU leaders and Finance team. Understand business/economic/environmental drivers of Actual results versus Operating Plan and Forecast. Ensure financial planning processes for revenue, direct expenses and indirect expenses - strategically capture, carefully estimate and skillfully communicate business impacting events. Anticipate changes, seek better practices and contribute to the company as a whole to be successful in its aims. Main Responsibilities: a) Should be responsible for preparing the annual plan for the respective business unit, in discussion with the respective business head. b) Partner, Manage Support the business head in reviewing BU performance, revenue targets and expense-reporting, ensuring control, accuracy, predictability and timely delivery of figures, analysis and comments. Ensure all corporate reporting for BU is completed accurately and on-time as directed. c) Support BU in pursuit of financial targets through in-depth analysis and sharing of financial knowledge. Co-ordinate and support any allocations/cost share between BU s. Actively ensure compliance with laws, policies and best practices. d) Support the preparation of monthly, quarterly and yearly performance metrics and provide adequate support to the Finance team. Review the monthly revenue and the related expenses on a regular basis. e) Critically evaluate the spends of the respective BU and maintain a detailed tracker of all the expenses pertaining to the BU stating the expenses incurred, paid and provided. Provide correct expense provisions on a monthly basis. Take lead and ensure the monthly books closure is done on time. f) Reviews and track costs and ensure the payments to vendors are done on time. Same for revenue ensure customer billing is done on time and collections are made on time. This activity will be more of an overlooking activity and guiding the team. g) Reading the new business contracts and MOU and ensuring the cost sheet is made basis the same and there is sufficient margins to drive business profitability h) Support the enhancement and compliance of Business Finance processes, standards and systems. i) Business Finance contact for Business head and BU-managers, Product Leaders, etc. j) Communicate, discuss and challenge financial impacts with Business Head and BU-managers. Prepare and present at BU/Brand related meetings where financial input/commentary is required/requested. k) Attend, as requested finance meetings, Own, manage and complete financial information requests from Corporate BU organizations. l) Ad hoc tasks occurring on Business Finance-function. Experience in working on government business tenders and projects will be a plus Job Requirement This is an exciting opportunity to work as Finance Business Partner for TimesPRO, a market leader in the Vocational Education and Professional Education sector. The candidate will be required to manage the monthly financial reporting, planning processes and provide controllership for the Business Unit. The position will work closely with the respective business head, and update him about the performance of individual projects, analyse the overall cost for the business unit and suggest scope for cost optimisation. This position should attract individuals who are motivated by working and winning with the team seeing challenges as an opportunity for personal development. Manage revenue and related expense reporting for a Business Unit, thereby ensuring control, accuracy, predictability and timely delivery of results, comparative analysis and commentary to BU leaders and Finance team. Understand business/economic/environmental drivers of Actual results versus Operating Plan and Forecast. Ensure financial planning processes for revenue, direct expenses and indirect expenses - strategically capture, carefully estimate and skillfully communicate business impacting events. Anticipate changes, seek better practices and contribute to the company as a whole to be successful in its aims. Main Responsibilities: a) Should be responsible for preparing the annual plan for the respective business unit, in discussion with the respective business head. b) Partner, Manage Support the business head in reviewing BU performance, revenue targets and expense-reporting, ensuring control, accuracy, predictability and timely delivery of figures, analysis and comments. Ensure all corporate reporting for BU is completed accurately and on-time as directed. c) Support BU in pursuit of financial targets through in-depth analysis and sharing of financial knowledge. Co-ordinate and support any allocations/cost share between BU s. Actively ensure compliance with laws, policies and best practices. d) Support the preparation of monthly, quarterly and yearly performance metrics and provide adequate support to the Finance team. Review the monthly revenue and the related expenses on a regular basis. e) Critically evaluate the spends of the respective BU and maintain a detailed tracker of all the expenses pertaining to the BU stating the expenses incurred, paid and provided. Provide correct expense provisions on a monthly basis. Take lead and ensure the monthly books closure is done on time. f) Reviews and track costs and ensure the payments to vendors are done on time. Same for revenue ensure customer billing is done on time and collections are made on time. This activity will be more of an overlooking activity and guiding the team. g) Reading the new business contracts and MOU and ensuring the cost sheet is made basis the same and there is sufficient margins to drive business profitability h) Support the enhancement and compliance of Business Finance processes, standards and systems. i) Business Finance contact for Business head and BU-managers, Product Leaders, etc. j) Communicate, discuss and challenge financial impacts with Business Head and BU-managers. Prepare and present at BU/Brand related meetings where financial input/commentary is required/requested. k) Attend, as requested finance meetings, Own, manage and complete financial information requests from Corporate BU organizations. l) Ad hoc tasks occurring on Business Finance-function. Experience in working on government business tenders and projects will be a plus