Business Partner Finance

Division

Department

Sub Department 1

Job Purpose

The Job entails being a business partner for the Inhalation business. The objective is to ensure smooth and standardized processes, assisting the business to implement decisions and contribute in overall growth of the division.

Key Accountabilities (1/6)

Financial Performance Evaluation - 

• Review and analysis P&L of the division to track business performance
• Preparing monthly P&L and highlighting variances to the businesses
• Analysis of every P&L line item and suggesting improvements
• Co-ordination with business to implement the decisions taken for business growth

Tracking business of Trade, ASU, KAM and DNA

Key Accountabilities (2/6)

Business Partnering

• Ensure focus on quality of topline and understanding drivers of growth for the therapy through insightful MISs
• Partner with businesses effectively to ensure business hygiene and continuity within the framework of compliance
• Assist business and field teams to resolve operational challenges
• Incorporating business needs in systems & process to improve ease of doing business

Ensuring business decisions are implemented smoothly and communicated timely to relevant stakeholders

Key Accountabilities (3/6)

Stakeholders Alignment

• Partnering with Marketing Partner
• Steer business agenda through ensuring stakeholders buy-in across cross functional teams
• Ensuring business decisions are taken in alignment with distribution, special rate team and IT team

Timely resolution of stockist and hospital queries to avoid business disruption

Key Accountabilities (4/6)

Simplification

• Drive simplification through automation and prepare SOP to ensure activities are process driven and effective
• Devising process to ensure simplification and transparency
• Effective communication of all the process changes to relevant stakeholders through direct or indirect trainings

Process standardization and automation to reduce manual effort and the errors that come with it

Key Accountabilities (5/6)

Controllership

• Making sure of all the provisioning to be captured correctly.
• No open Audit query for the business

Proper budgetary adherence

Key Accountabilities (6/6)

Major Challenges

1. Dealing with multiple stakeholders including Cluster and BU heads, marketing teams, field teams, Special rate team, distribution team and IT team

   Overcome by: Process standardization in alignment with stakeholders, providing information on SOPs to relevant stakeholders and aligning relevant teams while making any changes or decisions

Key Interactions (1/2)

Key Interactions (2/2)

• External

  Stockiest & Chemist: Interaction during visits and in case of any exceptional queries Hospitals: Interaction with hospitals for rate negotiation Marketing Partner: Interaction with Marketing Partner to ensure deliverables via regular interventions

Dimensions (1/2)

• Geography: All India (36 depots, 100+ mini regions)
• Business clusters – Optimus Cluster

Span of Control: 1 off role report

Dimensions (2/2)

Key Decisions (1/2)

Decisions    Recommendations
Financial controls    Field visits
Process standardization    Hospital visits
Rate control    Stockist visit and interaction
Sales growth    
 

Key Decisions (2/2)

Education Qualification

Chartered Accountant/MBA

Relevant Work Experience

• Minimum 4-8 years of experience with strong financial and business acumen and strong action orientation, analytical Skills, interpersonal Skills, problem solving, influencing and negotiation skills