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Manager

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Date: 20 Nov 2024

Location: Gurgaon, Haryana, IN

Company: Luminous

Job Code/ Requisition ID 

 

Location  

 Gurgaon

Division  

 

Department / Function 

 Finance & Accounts

Position Name 

 

Designation  

 Manager

Role  

Individual  

 

Team                   

 

Reporting To 

 GM-Finance

Qualification/ Personal Attributes  

 CA/CMA

Job Description  

 

Key Responsibilities:

1. Annual Budget Preparation:

Support the preparation of the annual budget, including data collection, analysis, and presentation.

Collaborate with various departments to ensure alignment with organizational goals and financial targets.

Develop budget models and scenarios to assist in strategic planning and decision-making.

2. Margin Analysis:

Conduct gross margin analysis, variance analysis, and mix analysis to identify trends and areas for improvement.

Review business performance and supprt decision making  by providing stakeholders with menaingful insights and visibility on  business performance on regular basis

Drive discussion with senior stakeholder to extract insights , understand business and assist in building a narrative

3. Price Variance Calculation:

Calculate price variance and analyze its impact on overall financial performance.

Monitor market conditions to anticipate potential variances for  Quarterly forecast.

Provide insights and recommendations based on variance analysis to optimize pricing strategies.

4. Quarterly Forecasts:

Prepare detailed Quarterly forecasts for Analysis of Change (AOC). 

Coordinate with various teams for data collection and analyze historical data and market trends to improve forecast accuracy.

Communicate forecast assumptions and results to senior management and stakeholders.

5. GSC Reporting & Interface:

Collaborate with industrial teams to analyze and report on industrial productivity, Quality Value Engineering (QVE), Raw Material Index (RMI), & Base Cost .

Develop and maintain dashboards and reports to track key performance indicators (KPIs) and provide actionable insights.

Facilitate regular meetings with industrial teams to review performance metrics and identify areas for improvement.

6. Business Presentation

Assist in the preparation of presentations for board meetings, Monthly Business Reviews (MBR) and other key meetings.

Ensure presentations are clear, concise, and visually appealing, effectively communicating complex financial information.

Coordinate with different teams to gather relevant data and insights for inclusion in presentations and building a crisp narrative.

Using various digital AI tools for analysis and hands-on preparation of PPT presentations

About Luminous  

Luminous Power Technologies, a leader in power solutions, is a 35-year-old company which started as a small venture. Now on its brand transformation journey, its mission is to become a name synonymous with all-encompassing home electrical, power backup and residential solar solutions and create millions of happy homes in India. 

 

Today, Luminous is already a powerful, trustworthy brand name in 100 million Indian homes, In the course of this successful journey, it has embraced the core values of reliability, consistency, longevity and the highest standards of integrity along with dynamic ideas and innovation. Its consumer-centric focus has led Luminous into new categories to deliver excellence in every product and home solution it offers.  

 

With 7 manufacturing units, more than 28+ sales offices in India and presence in over 36 countries our 6000 employees serve more than 100,000 channel partners and millions of customers. Our motto has always been Customer Delight through Innovation & Passion with focus on Execution & Team-work. At Luminous, we passionately innovate to make life comfortable and efficient. 

 

Luminous is a group company of Schneider Electric, a global leader in energy management with presence in over 100 countries, 1.5 lakh people and a revenue of more than Rs. 2 lakh crore. 

  

 

Luminous aspires to be the most inclusive and caring company in the world, by providing equitable opportunities to everyone, everywhere, and ensuring all employees feel uniquely valued and safe to contribute their best.  

We mirror the diversity of the communities in which we operate and we ‘embrace different’ as one of our core values. We believe our differences make us stronger as a company and as individuals and we are committed to championing inclusivity in everything we do. This extends to our Candidates and is embedded in our Hiring Practices. 

Luminous is an Equal Opportunity Employer. It is our policy to provide equal employment and advancement opportunities in the areas of recruiting, hiring, training, transferring, and promoting all qualified individuals regardless of race, religion, colour, gender, disability, national origin, ancestry, age, military status, sexual orientation, marital status, or any other legally protected characteristic or conduct.