Senior Finance Manager (India)

Reposted 24 Days Ago
Be an Early Applicant
Bangalore, Bengaluru Urban, Karnataka, IND
In-Office
Senior level
Hardware • Internet of Things • Logistics • Software
The Role
The Senior Finance Manager oversees a team, manages financial forecasting, analysis, and reporting, while providing strategic financial guidance and managing projects to improve operations.
Summary Generated by Built In

Job Summary:

Oversees a team reporting, analyzing and interpreting financial and operating data for accounting and business operations management. Generates financial forecasts and creates financial models to support the organization's financial and business planning decisions. Provides oversight and direction regarding assigned team, financial and operational activities. Manages and/or participates in projects to improve financial operations.

Principal Responsibilities:

  • Responsible for oversight of analytical support provided to include P&L projections/forecasts, scenario planning, ratio analysis, budgeting, and cost analysis related to business models.
  • Oversees team of analyst performing economic research and studies in the areas of rates of return, depreciations, working capital requirements, investment opportunities, investment performance and impact of governmental requirements.
  • Analyzes, reviews and summarizes recommendations for financial plans, acquisition activity, trended future requirements and operating forecasts.
  • Reviews financial reports for forecasting, trending, and narrative results analysis.
  • Manages team responsible for develop standard and ad-hoc monthly reporting.
  • Advises team developing, monitoring and reporting out on key performance indicators for the business
  • Oversees the development, preparation, and presentation of short- and long-range financial plans.
  • Develops and implements policies and processes for financial reporting.
  • Lead or participate on cost saving projects for a global approach.
  • Identify cost saving opportunities, attention to detail, and partner with business owners to communicate findings and recommendations.
  • Other duties as assigned.

Job Level Specifications:

  • Manages direct managers and/or highly skilled specialists who exercise significant latitude and independence. Often oversees one or more departments or related teams.
  • Establishes operating policies and procedures that affect departments and direct teams. Interprets enterprise-wide policies and procedures. Develops budgets, schedules and performance standards for one or more departments. Responsible for resources and policy formation in area of responsibility.
  • Assignments are defined in the form of long-term objectives. Decisions are guided by resource availability, functional objectives and independent judgment.
  • Collaborates frequently with internal and/or external management. Leads meetings, projects, and briefings for internal and/or external representatives. Often coordinates efforts between functional areas and/or members of an extended assignment/project team.
  • Decisions likely have extended impact on the outcomes of multiple departments or teams. Erroneous decisions or recommendations will likely result in critical delays and/or modifications to projects and/or operations; causing substantial expenditure of additional time, people and/or financial resources, and jeopardize future business activity.

Work Experience:

  • Typically 8+ years including 3+ years of management experience

Education and Certification(s):

  • Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained.

Distinguishing Characteristics:

  • Travel maybe required.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills.

Skills Required

  • Typical experience of 8+ years including 3+ years of management experience
  • Bachelor's degree or equivalent experience

Avnet Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Avnet and has not been reviewed or approved by Avnet.

  • Retirement Support A company-funded pension alongside a 401(k) and a discounted employee stock purchase plan establishes strong long-term savings options. Company materials and plan documents underscore active pension funding and tools that help employees model outcomes.
  • Leave & Time Off Breadth Company resources emphasize paid time off, paid holidays, and flexible or hybrid work where roles allow. Benefits guides also outline leave programs, including paid family leave in the U.S.
  • Wellbeing & Lifestyle Benefits A broad well-being platform (THRIVE), EAP counseling, wellness reimbursements, employee discounts, and on-site health offerings extend support beyond core insurance. Development and community programs further contribute to a rounded total rewards experience.

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The Company
HQ: Phoenix, AZ
11,000 Employees

What We Do

Avnet is a global electronic components distributor with extensive design, product, marketing and supply chain expertise for customers and suppliers at every stage of the product lifecycle. For the past 100 years, Avnet has helped its customers and suppliers around the world realize the transformative possibilities of technology. Our culture was founded on new ideas and emerging technology. Headquartered in Phoenix, Arizona, Avnet is a leading global technology distributor and solutions provider at the center of the technology value chain. Founded in 1921, we work with suppliers in every major technology segment to serve customers worldwide across a broad range of markets. Whether working on large-scale production or early prototypes, we meet customer needs through individualized, end-to-end service to streamline solutions and improve efficiency for customers worldwide. Headquartered in Phoenix, Arizona, we serve more than 1 million customers in more than 140 countries and partner with global suppliers from almost every technology segment.

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