Manager - Financial Analyst

Aditya Birla Fashion and Retail Ltd.

Remote

Job Purpose

Job Purpose Description

Job Purpose Description

Job Context & Major Challenges

Madura Fashion & Lifestyle, a division of Aditya Birla Fashion and Retail Ltd, is one of India’s fastest growing branded apparel companies and a premium lifestyle player in the retail sector including product lines that range from affordable and mass-market to luxurious, high-end style and cater to every age group, from children and youth to men and women. Madura Fashion & Lifestyle is defined by its brands — Louis Philippe, Van Heusen, Allen Solly, Peter England and People — that personify style, attitude, luxury and comfort. The Units products are sold through a network of 1200+ stores and around 850+ multi brand outlets.

Challenges

Cross functional integration for preparation and analysis data
High level of accuracy to be maintained as the numbers are used by all stakeholders including investors
To be up to date with changes and reforms in accounting, taxation and other laws
Deadlines to be adhered to strictly
Work to be prioritized based on the urgency/importance of requirement. Ad hoc requirements to be dealt with the same level of speed and accuracy.

Key Result Areas

KRA (Accountabilities) (Max 1325 Characters)Supporting Actions (Max 1325 Characters)

KRA1 Financial Reporting - Preparation of brand financials with all variance analysis at a monthly level

Track and help Brands / functions manage its spends with in budgeted norms
Develop dashboard for each of the key deliverables of Brand and monitor against the same and guide in achieving the same by providing timely, accurate information as may be required

KRA2 Financial Planning - Preparation of brand annual operating plan

Preparation of Mid-month PNL
Co-ordinate with brand, channels and department heads for the inputs for the budget
Support for the BRC and Chairman presentation
Evaluate the changes in business environment and submit the latest estimate (LE) at a quarterly/monthly level

KRA3 Retail Expansion and Operational Review - Develop retail deck for monitoring the retail performance by various metrics

Analyze the retail cost at a line item level and support the cost saving initiatives

KRA4 Sales, Marketing and Sellex Analysis - Support the Brand with detailed analysis of NSV and Volume at the sub brand, channel , product, region and store level

Support Brand COO in terms of analysis of Discount Schemes to be run in the market, their impact on income statement, and track spends against the same.
Support in terms of Sales Promotion analysis, running in the market – retail, trade, departmental stores, liquidation channel etc.
Develop Market scheme trackers, manage over and under spends

Track and help Brands and channels to manage its sellex with in budgeted norms

KRA5 Pricing and Inventory & Others - Monitor and analyze and track performance of PC to MRP ratios of products at sub brand level against targets

Discount analysis by channel for all categories
Secondary discount approval for Retail
DS and Retail New Store Proposal analysis