IN_RBIN_Assistant Manager_Business Analyst_BidP1/CTG1

Business Planning

Key Activities:  Liaise & assist to finalize the Business Plan, Current Forecast, MBR, LtPC, LtPM - Product-wise to meet BU/IPN targets

Key Result Areas / Indicators : On time delivery of monthly results with First Pass Yield

Cost Management

Key Activities

• Organize, co-ordinate & link information across functions to work out & administer the cost performance based on business planning / current forecasts- Product-wise.
• Evaluate cost saving projects & certify the savings (Annual & Actualized) with appropriate logics and steer the Value Stream / Support functions for early realization and with periodic updates in mY-Measures Tool during Current Forecast process. (Except: NaP - since separate JD exists for RPP steering).

Key Result Areas / Indicators :  Cost measures realization as per Project Prognosis

Data Management

Key Activities : Coordinate with cross functional team (CFT) & maintain the SAP data base (accounting, costing & other key views) to enable cost roll out for parts free from errors by properly analyzing with equivalent parts & ensuring right costing.

Key Result Areas / Indicators : Error free cost runs

Cost Analysis

Key Activities :  Interpret key data (business drivers, KPIs, business metrics) on the Product performance; translate them into meaningful information & story-telling with VS

Key Result Areas / Indicators :  Timely KPI release (within WD..) & review with value streams Deviation

Management

Deviation Management

Key Activities :  Identify root causes of problems; analyze reasons for deviations - Actuals Vs Plan; notify on early warning signals & discuss with the concerned for corrective actions

Key Result Areas / Indicators :  Cost variances - Product/PDCL - Business Unit, IPN, Value stream wise

with Satisfaction degree

Cost Estimation

Key Activities :  Provide Cost estimation against various cost enquiries raised by sales/PRM/rBU/BU against running, equivalent & new parts considering the volume & other premises, as called for & aligning with all stakeholders.

Key Result Areas / Indicators :  Cost evaluations & review as per agreed timelines

Competence Development

Key Activities :  Obtain competencies in the functional & digital areas based on present and future trends as per the business requirements

Key Result Areas / Indicators :  2 projects per annum

Investment Evaluation

Key Activities :  Work out capital budget proposals considering Net Present Value (NPV), Internal Rate of Return (IRR), pay-back criteria & giving financial perspective for decision making.

Key Result Areas / Indicators :  Project evaluations & review as per agreed timelines

• Cost & Management Accountant (CMA) (or) Chartered Accountant (CA)
• MBA (Finance / Cost Accounting) from Top 5 Business Institutes (desirable)
• Working experience on Standard Costing, Variance Analysis, Costing Techniques, Budgetary Controls
• Working knowledge in matrix organization (desirable)
• Basic knowledge of business processes (manufacturing / automobile)
• Advanced knowledge on accounting & cost accounting standards,
• Basic knowledge on indirect taxation; transfer price guidelines
• Basic knowledge on latest IT tools - SAP FI & CO, office automation tools & digitization platforms
• Basic business acumen skills
• Basic Result orientation & future oriented skills
• Basic corporate communication skills based on business contexts