Business Finance Controller- Aftermarket (Chandigarh)

Business Finance Controller- Aftermarket (Chandigarh)

07 Aug
|
Symbiosis Management Consultants
|
Chandigarh

07 Aug

Symbiosis Management Consultants

Chandigarh

Role - Business Finance Controller- Aftermarket

Experience- 7-10 Years

Location- North India

Interested candidates please share CV at [email protected]

Industry- Automotive/Commercial vehicle preferred

Key Responsibilities

Financial Planning & Business Partnering

- Lead annual budgeting, forecasting, and financial planning for the spares business.
- Provide financial insights and variance analysis to support business decisions.
- Partner with sales and business teams on pricing, dealer incentives, promotions, and growth initiatives.

Month-End Closing & Financial Reporting

- Manage month-end and year-end financial closing for the spares business.
- Ensure accurate revenue recognition, cost accounting, inventory valuation, and reconciliations.
- Prepare monthly MIS, dashboards, and financial performance reports for management.

Profitability & Performance Management

- Monitor product, channel, and geography-wise profitability and margins.
- Conduct portfolio and contribution margin analysis to identify improvement opportunities.

Dealer Credit & Receivables Management

- Manage dealer credit limits,



exposure monitoring, and periodic credit reviews.
- Assess dealer financial health and recommend credit limit revisions and risk mitigation actions.
- Partner with sales and collections teams to control receivables and overdue balances.

Dealer Financing / Channel Finance

- Support dealer financing programs with banks/NBFC partners.
- Monitor dealer financing utilization and credit lines.
- Work with financial institutions to strengthen channel financing frameworks and reporting.

Inventory & Working Capital Management

- Monitor inventory levels, aging, and obsolescence provisions.
- Drive initiatives to improve inventory turns and working capital efficiency.

Controls, Statutory Audit & Internal Audit

- Ensure compliance with accounting standards, internal financial controls, and company policies.
- Coordinate with auditors for statutory audits and internal audit reviews.

Ensure timely closure of audit observations and compliance requirements

📌 Business Finance Controller- Aftermarket (Chandigarh)
🏢 Symbiosis Management Consultants
📍 Chandigarh

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