Finance Manager
- Employer
- Confidential
- Location
- Hyderabad
- Posted
- Jul 25, 2024
- Closes
- Sep 27, 2024
- Ref
- 4736936968
- Role
- Finance Manager
- Level
- Manager
- Certification
- Other
- Work Mode
- Work from office
- Hours
- Full Time
Competitor Analysis
Conduct thorough competitor analysis to identify strengths, weaknesses, opportunities, and threats in the home design & build e-commerce market.
Analyse competitor pricing strategies, product offerings, and customer engagement to refine the startup's competitive positioning.
Business Plan Creation
Develop comprehensive business plans that outline the startup's mission, vision, and financial strategies for sustainable growth in the home design & build sector.
Incorporate market research, financial projections, and risk assessments to present a compelling and strategic roadmap.
Strategic Positioning
Utilise competitor analysis findings to strategically position the startup in the market, identifying unique selling points and areas for differentiation.
Align business plans with market dynamics, ensuring adaptability to industry changes and emerging trends.
Financial Projections
Integrate detailed financial projections into business plans, outlining revenue forecasts, cost structures, and profit margins.
Provide stakeholders with a clear understanding of the startup's financial trajectory and potential return on investment.
Risk Mitigation Strategies
Identify potential risks through competitor analysis and market trends, and incorporate risk mitigation strategies into business plans.
Anticipate challenges and outline proactive measures to navigate uncertainties in the e-commerce space.
SWOT Analysis
Conduct SWOT analysis to systematically evaluate the startup's internal strengths and weaknesses, as well as external opportunities and threats.
Use SWOT insights to fine-tune business plans, emphasising strengths and addressing areas of improvement.
UI/UX Optimization
Work closely with developers to enhance the user interface and experience of financial processes within the e-commerce platform, ensuring user-friendly interactions for financial tasks related to Aalaya's line of business.
Customised Reports Design
Design and implement tailored financial reports that cater to the unique requirements of the e-commerce marketplace business, providing stakeholders with real-time and accurate insights into project finances.
Seamless Financial System Integration
Collaborate with the development team to seamlessly integrate financial systems within the e-commerce platform, fostering a cohesive and efficient ecosystem for managing housing construction transactions and data.
Financial Data Analysis
Analyse financial data derived from the e-commerce platform to extract meaningful insights, enabling informed decision-making and strategic planning for the housing construction startup.
Workflow Optimization
Establish and maintain streamlined financial workflows, ensuring efficiency in processes related to budgeting, cost tracking, vendor management, and other financial aspects critical to the success and growth of the startup.
Budgeting and Cost Estimation
Develop comprehensive budgets for house construction projects, considering materials, labour, permits, and overhead costs.
Conduct detailed cost estimations to provide accurate financial forecasts for each project phase.
Vendor Management
Source and evaluate quotes from various suppliers and contractors for construction materials and services.
Negotiate favourable terms and establish cost-effective partnerships to optimise project expenses.
Product Pricing Strategy
Analyse market trends and competitor pricing to determine competitive yet profitable rates for building material products.
Implement pricing models that balance affordability for customers while ensuring the viability and sustainability of the business.
Breakdown of Costs
Categorise costs into direct (materials, labour) and indirect (permits, administrative) expenses for transparent financial tracking.
Utilise cost breakdowns to identify areas for cost optimization and efficiency improvements.
Earned Value Analysis (EVA)
Implement Earned Value Analysis techniques to assess project performance against the budget and schedule.
Monitor project milestones, identify deviations, and take proactive measures to ensure financial objectives are met.
Profitability Assessment
Evaluate the overall profitability of each business vertical by comparing actual costs against estimated budgets.
Adjust pricing strategies and cost structures based on vertical performance to enhance overall business profitability.
Financial Reporting
Design and generate reports that provide a clear overview of financial performance, cost structures, and pricing strategies.
Communicate financial insights to key stakeholders, aiding in informed decision-making.
Viable Selling Rates
Determine optimal selling rates by factoring in production costs, market demand, and competitive positioning.
Regularly reassess and adjust pricing strategies to maintain competitiveness and financial sustainability.
Regulatory Compliance
Stay informed about local building codes and regulations to ensure that all construction activities adhere to legal requirements.
Factor regulatory compliance into cost estimations to avoid unforeseen expenses.
PERSON SPECIFICATION
Qualifications, Experience & Knowledge
Qualified Cost Accountant with significant practitioner experience in a startup ecommerce business environment.
10+ years of overall experience with a minimum of 5 yrs of relevant experience in a startup.
Experience of contributing to the development of financial strategy.
Solid knowledge of MS Suite, CRM & Accounting Softwares
Skills & Abilities
Budget / Financial Management - highly developed skills in financial management and good business acumen. Excellent knowledge of data analysis, forecasting and financial models.
Problem Solving & Decision Making - ability to analyse complex situations and have the courage to make difficult decisions and implement them.
Relationship Building - ability to build and maintain constructive relationships with key internal and external stakeholders.
Communication - highly developed communication with strong presentation and interpersonal skills.
Data driven - ability to define and track KPIs that really matter to the business.
UI / UX - ability to define required custom financial reports
Ability to contribute at strategic and operational levels across multiple business streams.
Ability to work with the senior leadership team to organise, plan and achieve financial goals for the business.
Ability to read markets based on supply and demand.
Personal Qualities
Strong commitment to organisation values and ethos.
Ability to demonstrate Aalaya's values of excellence, transparency, care and innovation.
Self motivated and confident in own ability to achieve results
Personal integrity and honesty.
Customer focussed
Team player able to work collaboratively within the group and across business units / functions.
Skills: Chartered Accountant (CA), Tally With Gst, Itrs
Experience: 2.00-4.00 Years
Education: Chartered Accountancy (C.A)
Conduct thorough competitor analysis to identify strengths, weaknesses, opportunities, and threats in the home design & build e-commerce market.
Analyse competitor pricing strategies, product offerings, and customer engagement to refine the startup's competitive positioning.
Business Plan Creation
Develop comprehensive business plans that outline the startup's mission, vision, and financial strategies for sustainable growth in the home design & build sector.
Incorporate market research, financial projections, and risk assessments to present a compelling and strategic roadmap.
Strategic Positioning
Utilise competitor analysis findings to strategically position the startup in the market, identifying unique selling points and areas for differentiation.
Align business plans with market dynamics, ensuring adaptability to industry changes and emerging trends.
Financial Projections
Integrate detailed financial projections into business plans, outlining revenue forecasts, cost structures, and profit margins.
Provide stakeholders with a clear understanding of the startup's financial trajectory and potential return on investment.
Risk Mitigation Strategies
Identify potential risks through competitor analysis and market trends, and incorporate risk mitigation strategies into business plans.
Anticipate challenges and outline proactive measures to navigate uncertainties in the e-commerce space.
SWOT Analysis
Conduct SWOT analysis to systematically evaluate the startup's internal strengths and weaknesses, as well as external opportunities and threats.
Use SWOT insights to fine-tune business plans, emphasising strengths and addressing areas of improvement.
UI/UX Optimization
Work closely with developers to enhance the user interface and experience of financial processes within the e-commerce platform, ensuring user-friendly interactions for financial tasks related to Aalaya's line of business.
Customised Reports Design
Design and implement tailored financial reports that cater to the unique requirements of the e-commerce marketplace business, providing stakeholders with real-time and accurate insights into project finances.
Seamless Financial System Integration
Collaborate with the development team to seamlessly integrate financial systems within the e-commerce platform, fostering a cohesive and efficient ecosystem for managing housing construction transactions and data.
Financial Data Analysis
Analyse financial data derived from the e-commerce platform to extract meaningful insights, enabling informed decision-making and strategic planning for the housing construction startup.
Workflow Optimization
Establish and maintain streamlined financial workflows, ensuring efficiency in processes related to budgeting, cost tracking, vendor management, and other financial aspects critical to the success and growth of the startup.
Budgeting and Cost Estimation
Develop comprehensive budgets for house construction projects, considering materials, labour, permits, and overhead costs.
Conduct detailed cost estimations to provide accurate financial forecasts for each project phase.
Vendor Management
Source and evaluate quotes from various suppliers and contractors for construction materials and services.
Negotiate favourable terms and establish cost-effective partnerships to optimise project expenses.
Product Pricing Strategy
Analyse market trends and competitor pricing to determine competitive yet profitable rates for building material products.
Implement pricing models that balance affordability for customers while ensuring the viability and sustainability of the business.
Breakdown of Costs
Categorise costs into direct (materials, labour) and indirect (permits, administrative) expenses for transparent financial tracking.
Utilise cost breakdowns to identify areas for cost optimization and efficiency improvements.
Earned Value Analysis (EVA)
Implement Earned Value Analysis techniques to assess project performance against the budget and schedule.
Monitor project milestones, identify deviations, and take proactive measures to ensure financial objectives are met.
Profitability Assessment
Evaluate the overall profitability of each business vertical by comparing actual costs against estimated budgets.
Adjust pricing strategies and cost structures based on vertical performance to enhance overall business profitability.
Financial Reporting
Design and generate reports that provide a clear overview of financial performance, cost structures, and pricing strategies.
Communicate financial insights to key stakeholders, aiding in informed decision-making.
Viable Selling Rates
Determine optimal selling rates by factoring in production costs, market demand, and competitive positioning.
Regularly reassess and adjust pricing strategies to maintain competitiveness and financial sustainability.
Regulatory Compliance
Stay informed about local building codes and regulations to ensure that all construction activities adhere to legal requirements.
Factor regulatory compliance into cost estimations to avoid unforeseen expenses.
PERSON SPECIFICATION
Qualifications, Experience & Knowledge
Qualified Cost Accountant with significant practitioner experience in a startup ecommerce business environment.
10+ years of overall experience with a minimum of 5 yrs of relevant experience in a startup.
Experience of contributing to the development of financial strategy.
Solid knowledge of MS Suite, CRM & Accounting Softwares
Skills & Abilities
Budget / Financial Management - highly developed skills in financial management and good business acumen. Excellent knowledge of data analysis, forecasting and financial models.
Problem Solving & Decision Making - ability to analyse complex situations and have the courage to make difficult decisions and implement them.
Relationship Building - ability to build and maintain constructive relationships with key internal and external stakeholders.
Communication - highly developed communication with strong presentation and interpersonal skills.
Data driven - ability to define and track KPIs that really matter to the business.
UI / UX - ability to define required custom financial reports
Ability to contribute at strategic and operational levels across multiple business streams.
Ability to work with the senior leadership team to organise, plan and achieve financial goals for the business.
Ability to read markets based on supply and demand.
Personal Qualities
Strong commitment to organisation values and ethos.
Ability to demonstrate Aalaya's values of excellence, transparency, care and innovation.
Self motivated and confident in own ability to achieve results
Personal integrity and honesty.
Customer focussed
Team player able to work collaboratively within the group and across business units / functions.
Skills: Chartered Accountant (CA), Tally With Gst, Itrs
Experience: 2.00-4.00 Years
Education: Chartered Accountancy (C.A)