Sr Finance Manager ,Hyderabad

Sr Finance Manager ,Hyderabad
Company:

Medtronic


Sr Finance Manager ,Hyderabad

Details of the offer

Career That Change Lives

" This position will enable growth by providing key business insights, operating metrics, financial metrics, management reporting to leadership team, Governance of legal entity, Ensure strong controls and strict adherence to finance policies and procedures. Ensure the timely and accurate preparation of financial statements. This person will report functionally to the Director Finance-ISC, in finance and operationally to the R& D Leader and will have a team of 10 -12 people reporting into this position including the supply Chain and IT. This position also supervises the supply chain activities including the buying and as escalation point for IT function for day to day operations and intervene where ever required.

A Day in the Life

Provide analytical and business partnering support & insights to optimize performance, including financial statement analysis, KPIs, business performance commentary, and forecasting to various levels of management
Responsible for building a strong governance & control framework, financial operations, working capital and cash flow management, including AR and Credit management and Capex management
Responsible for all internal controls, support statutory audit and corporate audit in those areas
Providing leadership to the finance team including responsibility for the individual development of team members and succession planning
Preparing monthly/quarterly/ yearly reports, preparation of the strategic plans and the annual operating plan
Routinely communicate financial and operational performance trends, historical and forecast, using appropriate metrics. Suggest trends, resulting implications, key actions, and strategic implications.
Lead scenario modeling efforts for the development and growth of the portfolio. Monitor competitor dynamics, participate as a key thought leader, influencing decision making and prioritization of initiatives
Influence the accuracy and effectiveness of the corporate accounting consolidation and closing process and treasury operations through analytical review and trend analysis
Develop and execute processes to allow for routine analytical reviews of company financial and operational performance, leveraging business unit analytical resources and tools
Understanding of the local taxation laws (Companies Act, vat Act etc) and ability to understand transfer pricing concepts and its implications
Oversee the supply chain activities ensure all the controls are working and responsible for key matrix for deliverables including the SEZ operations
Any Law changes in SEZ ensure it is implemented and responsible for proper compliance
Participate in the MEIC leadership meeting and provide the technical and non-technical guidance for smooth operation
Presentations in QBR s related to finance to the Sr leadership who operated from US
Any capex decision evaluates and provide guidance and Influence the Sr. Leadership
Participate in negotiation for large buying's and any strategic partnership engagements
Drive QMS for supply chain function and provide guidance in external and internal audits

KEY BEHAVIORAL ATTRIBUTES REQUIRED
• Strong analytical skills & logical skills

• Strong collaborator for R&D operations

• People leadership and mentorship

• Sound Accounting and tax Direct and Indirect) knowledge
• Ability to work independently and take initiative.

• Ability to manage several projects or tasks and conclude timely

• Strong influence management skills.

• Excellent knowledge of Ms Excel & Ms PowerPoint
• Experience on an ERP system including General Ledger, automated entries and reporting

• Good communication skills & interpersonal skills

• Ability to oversee the sourcing / supply chain function including IT

• Ability to work with Sr. Leadership team on the financial decisions
Must Have: Minimum Requirements

Experience and Knowledge & Qualifications:

• 7-12 years of finance and accounting experience with progressive responsibility, especially with exposure to international operations and R&D preferably

• Commercial experience is preferred
• Strong, professional communication and writing skills

• SAP experience

• Prior experience with transfer pricing, direct & indirect taxation

• Supply Chain / Logistic over seeing experience and provide guidance
• Overseeing the admin / Facility function

Key Traits for the Role

KEY TRAITS FOR THE ROLE

TRAITS
STRONG INDICATORS

Execute

• Consistently delivers results on time and exceeds expectations;

• Continually monitors progress and makes adjustment.
• Seeks continuous improvement.

• Takes accountability to produce agreed upon results.

Driven to WIN

• Consistently achieves high outcomes under varied circumstances.
• Doesn't allow degree of difficulty to stand in the way - finishes what he/she started.

• Demonstrates high capacity for work.

• Taking on significant challenging responsibilities.

• Pursues work with passion and drive.
• People leadership and processes

External Focus
• Operates with customer interests clearly in mind.
• Manages all types of stakeholder effectively
• Interacts regularly with customers and seeks inputs.
• Well informed regarding pricing regulations & guidelines.
• Initiates or champions changes from the outside in.

Clear Thinking

• Problem solver: Resolves issues with external & internal customers amicably.

• Making sound decision in absence of full data.

• Communicates complex matters to Internal (Medtronic people) and other external stakeholders with appropriate clarity and simplicity.

Inspires Others
• Connects, engages, and motivates others to action
• Energizes others and instills confidence during challenging times
• Seeks and values different perspectives and ideas to foster an inclusive work environment.
• Lead and guide business finance team on the overall FP&A process and calendar

Must Have: Minimum Requirements

Experience and Knowledge & Qualifications:

• 07-12 years of finance and accounting experience with progressive responsibility, especially with exposure to international operations and R&D preferably

• CA/MBA Fin- Big 4 experience is a plus

• Commercial experience is preferred

• Strong, professional communication and writing skills

• SAP experience

• Prior experience with transfer pricing, direct & indirect taxation

• Supply Chain / Logistic over seeing experience and provide guidance

Nice to Have

• Secretarial work Knowledge

• R&D work experience in Health care

PHYSICAL REQUIREMENTS
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers.

ABOUT MEDTRONIC

Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.

We can accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let's work together to address universal healthcare needs and improve patients' lives. Help us shape the future.

Requirements


Knowledges:

  • PROGRESS
  • Tax Law

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