Finance Director

Mumbai City Permanent
  • Leading Global MNC in the Medical device sector
  • Excellent Company culture with an opportunity to work with top talents

About Our Client

Leading Global MNC in the Medical Device space with a strong presence across the APAC region

Job Description

1: Financial and Business Management

  • Partner with the Regional General Manager, South Asia & AGM to develop the short to mid-term financial strategy of the South Asia business; actively contribute to strategic decision marking as part of the South Asia Leadership team
  • Analyse relevant metrics and information to support the achievement of revenue targets, expense and EBIT targets. This will include working directly with the Sales Director, Business Managers and the Area Business Managers and sales support functions
  • Ensure internal controls, checks and balances for business processes are effectively monitored and adapted
  • Act in accordance with regulatory and legal compliance, corporate governance and observance of the code of conduct and business relationship policies
  • Ensure completeness of financial documentation and transactions (including, transactional documents, distributor, partnership and related agreements)

2: Financial Planning, Analytics and Decision Support

  • Deliver collaborative quarterly forecasts for South Asia - P&L, headcount, balance sheet and working capital
  • Support the production of strategic and tactical plans, driven by market and demographic data and aligned to Asia Pacific (APAC) and South Asia's business goals
  • Drive the quarterly business review process to create awareness and intelligence on qualitative and quantitative business issues and to support decision making on complex issues (e.g. pricing, market share, product launch approaches, key processes, etc.)
  • Provide working capital management to minimise Days Sales Outstanding (DSO), inventory investment and to optimise supplier creditors
  • Analyse complex issues, simplify options and drive changes in process, practices and approach accordingly
  • Partner with the Regional General Manager, South Asia & AGM and the South Asia Leadership team to provide input, advice and support on commercial business decisions involving internal and external parties
  • Anticipate and deliver business insights around key decisions (e.g. pricing, partnership plans, business planning, competitive analysis and regional account plans)
  • Closely partner with the South Asia Leadership team to drive business direction, objectives and strategy through management information (management information packs, lead review meetings, provide financial counsel)
  • Support sales growth through commercial analysis of business and market data. Establish a regular reporting framework for competitive data
  • Responsible for the regional planning process covering 3-5 year strategic plans flowing into annual budgets and quarterly forecast

3: Develop and Maintain Effective and Efficient Business Processes

  • Develop and implement processes which will drive growth and efficiency in accordance with Cochlear's policies, procedures and work instructions
  • Ensure key financial (Accounts Receivable, Accounts Payable, and inventory controls, etc.) are operating effectively and in alignment with transactional processes (Sales, Finance, Operations, and Customer Service)
  • Participate in Global projects and lead Regional/Country projects to ensure continuous improvement of processes and systems
  • Collaborate across functions and regional finance teams to identify and address business and process issues and implement solutions

4: Compliance with governance principles and external reporting

  • Ensure 100% compliance with tax and regulatory requirements for South Asia countries.
  • Ensure local GAAP and IFRS standards are maintained with financial records for South Asia countries.
  • Ensure internal controls, checks and balances for business processes are effectively monitored and adapted

5: Coach and Develop People

  • Motivate employee performance and development, maintaining effective two-way communication and a culture of feedback
  • Provide coaching and manage performance of individual team members

Team Role (Manager of people):

  • Demonstrate active involvement in the implementation and improvement of relevant quality procedures.
  • Attract, develop and retain the best team to deliver Cochlear's current and future businesses

The Successful Applicant

  • 15+ years qualified experience in the management of core finance processes - including but not limited to statutory audits, external financial and tax reporting
  • MNC experience essential
  • CA + CS qualifications
  • Strong commercial acumen that will act as a catalyst to a growing business
  • Have superior communication skills and experience in providing management information to the business
  • Very strong analytical skills and ability to provide financial consulting to internal team
  • Proven ability with ERP, process improvement and stakeholder management
  • Good team development skills

What's on Offer

  • Opportunity to lead and grow a young, dynamic and high performing team
  • Unlimited potential for career progression
  • Industry leading training and development throughout your career
  • Market leading CTC package plus excellent bonus potential
  • International career opportunities to work within our worldwide network of offices
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Job summary

Finance & Accounting
Sub Sector
Financial Director / CFO
What is your area of specialisation?
Medical Device / Medical Equipment
Mumbai City
Job Type
Job Reference

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.