Save JobEmail Job Back to Search Job Description Summary Similar JobsLeading Global MNC in the Medical device sectorExcellent Company culture with an opportunity to work with top talentsAbout Our ClientLeading Global MNC in the Medical Device space with a strong presence across the APAC region Job Description1: Financial and Business ManagementPartner 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 teamAnalyse 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 functionsEnsure internal controls, checks and balances for business processes are effectively monitored and adaptedAct in accordance with regulatory and legal compliance, corporate governance and observance of the code of conduct and business relationship policiesEnsure completeness of financial documentation and transactions (including, transactional documents, distributor, partnership and related agreements)2: Financial Planning, Analytics and Decision SupportDeliver collaborative quarterly forecasts for South Asia - P&L, headcount, balance sheet and working capitalSupport the production of strategic and tactical plans, driven by market and demographic data and aligned to Asia Pacific (APAC) and South Asia's business goalsDrive 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 creditorsAnalyse complex issues, simplify options and drive changes in process, practices and approach accordinglyPartner 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 partiesAnticipate 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 dataResponsible for the regional planning process covering 3-5 year strategic plans flowing into annual budgets and quarterly forecast3: Develop and Maintain Effective and Efficient Business ProcessesDevelop and implement processes which will drive growth and efficiency in accordance with Cochlear's policies, procedures and work instructionsEnsure 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 systemsCollaborate across functions and regional finance teams to identify and address business and process issues and implement solutions4: Compliance with governance principles and external reportingEnsure 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 adapted5: Coach and Develop PeopleMotivate employee performance and development, maintaining effective two-way communication and a culture of feedbackProvide coaching and manage performance of individual team membersTeam 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 businessesThe Successful Applicant15+ years qualified experience in the management of core finance processes - including but not limited to statutory audits, external financial and tax reportingMNC experience essentialCA + CS qualificationsStrong commercial acumen that will act as a catalyst to a growing businessHave superior communication skills and experience in providing management information to the businessVery strong analytical skills and ability to provide financial consulting to internal teamProven ability with ERP, process improvement and stakeholder managementGood team development skillsWhat's on OfferOpportunity to lead and grow a young, dynamic and high performing teamUnlimited potential for career progressionIndustry leading training and development throughout your careerMarket leading CTC package plus excellent bonus potentialInternational career opportunities to work within our worldwide network of officesQuote job refJN-032023-5976903Job summaryFunctionFinance & AccountingSub SectorFinancial Director / CFOWhat is your area of specialisation?Medical Device / Medical EquipmentLocationMumbai CityJob TypePermanentJob ReferenceJN-032023-5976903
