Puma India | Senior Associate Commercial Finance (Wholesale)

Responsibilities

• Own and manage the complete Profit & Loss (P&L) for the assigned business unit.
• Partner closely with Business Heads and Sales teams to drive achievement of revenue, margin, and EBIT targets.
• Monitor business performance through regular financial reviews and provide actionable insights to improve profitability.
• Identify risks and opportunities impacting financial performance and proactively recommend corrective actions.
• Lead annual budgeting, periodic forecasting, and long-range planning processes for the business unit.
• Conduct variance analysis against budgets and forecasts, highlighting key business drivers and recommending interventions.
• Support strategic decision-making through financial modelling, scenario analysis, and business case evaluations.
• Working Capital & Receivables Management.
• Drive working capital optimization with a strong focus on Accounts Receivable and Days Sales Outstanding (DSO).
• Collaborate with Sales and Customers to ensure timely collection of receivables and resolution of payment-related issues.
• Monitor credit exposure and escalate risks impacting cash flow and collections.
• Partner with reconciliation teams to ensure timely closure of customer reconciliation issues.
• Engage directly with customers to resolve complex finance-related disputes, deductions, and outstanding issues.
• Ensure accurate accounting and commercial compliance across customer transactions.
• Support Business Heads on strategic initiatives, growth opportunities, pricing decisions, customer negotiations, and profitability improvement projects.
• Provide financial insights and recommendations to enhance operational and commercial effectiveness.
• Act as the primary finance contact for business teams and customers on finance-related matters.
• Controls, Compliance & Risk Management.
• Work closely with Internal Audit, Loss Prevention, and Control teams to strengthen financial governance and minimize leakages.
• Ensure compliance with accounting policies, internal controls, statutory requirements, and company SOPs.
• Drive process improvements, automation initiatives, and standardization of finance processes.
• Performance Reporting & Management Review.
• Develop, track, and review business KPIs on a daily and periodic basis.
• Prepare and present business reviews, financial performance reports, and management dashboards to senior leadership.
• Working Capital performance and DSO management.
• Timely closure of customer reconciliations and dispute resolution.

Requirements

• Similar experience in Business finance and commercial role.
• Self-motivated, Great people skills to manage and work with internal and external stakeholders.
• Ability to think innovatively and provide quick solutions to business problems.
• Ability to bring changes to current processes through robust SOP’s and automations.
• Good managerial skills and ability to lead a team.
• Good understanding of accounting standards and GST.
• Excellent working knowledge of excel is a must.
• Ability to handle and comprehend huge data.
• Experience in retail industry and working knowledge of SAP would be an advantage.
• Open to domestic travel and ability to close issues with the customer independently.
• Advanced Microsoft Excel and financial analytics.
• Ability to analyse and interpret large data sets.
• Knowledge of automation (SQL, Python, AI tools) and reporting solutions is an added advantage.
• Experience with SAP preferred

Puma India

Puma India is an employer hiring in India. In its own words: "Puma India - Shop Online for Puma shoes & apparels and get Free Shipping."

Its finance, accounts, audit and tax openings in India are mostly in Bengaluru.