4) Key Result Areas: Write the key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4- 7 key result areas)
Key Result Areas
Supporting Actions
Drive Profitable Growth
- Revenue of MFL Brands
- EBITDA of MFL Brands
Manage Working Capital
- Debtors Days
- Collection follow up, hold
Drive Profit Improvement Plan for MFL
- Identify possible areas of leakage/improvement in the channel P&L; for better performance.
- Follow-up with Branch and MDPs and collect Overdue as per the due date.
- Saving in Discount Budget
- Debiting OD 180 days to MDPs
SOP (business/finance) adherence and Internal Controls including GL scrutiny
- Management audit
- Customer reconciliation and balance confirmation
- Closing all provisions within 90 days after closure of Seasons
- Find and rectify the loopholes in the IT system
- Provide information to Auditors related to Provisions and answer the queries.
- Standardizations of all agreements
- Process improvements
Critical GL Analysis
- Analyze the discount provision G/L and check the provision adequacy
- Analyze the Return Provision G/L and check the provision adequacy