AM - Spends(A191674)

Xiaomi India · India

Role Summary

This role is critical to Xiaomi India's financial governance. Aftersales, Retail, Marketing, and Logistics collectively represent a significant portion of operating expenditure. The AM will serve as the dedicated Finance Business Partner, ensuring transparency, accountability, and ROI-driven spend management across these functions.

Key Responsibilities

P&L & Spend Ownership

• Own the P&L for assigned functions (Aftersales, Marketing, Logistics, Retail) — full control on Budget vs. Actuals vs. ROI.
• End-to-end ownership of Opex lifecycle: PO to Payment, claims validation, invoice processing, and record maintenance.
• Prepare and own MIS, trackers, and reporting for budget vs. spend monitoring.
• Track every spend with audit-readiness in mind.

Business Partnering

• Serve as the single point of contact for Marketing, Logistics, Aftersales, and Retail teams — the one-stop finance partner for all business queries.
• Proactively identify gaps, drive resolution, and follow through to closure.
• Enable informed decision-making through timely financial insights and strategic support.

Analysis & Governance

• Conduct in-depth expense analysis across functions to surface trends, variances, and actionable insights.
• Monitor spend against AOP and Rolling Forecast; proactively flag cost optimization opportunities.
• Validate vendor/partner claims and invoices thoroughly before routing to AR/AP for accounting.

MBR/QBR & Leadership Support

• Prepare and deliver Monthly Business Review (MBR) and Quarterly Business Review (QBR) presentations with clear, insight-driven narratives to leadership.

Process Improvement & Automation

• Own problems end-to-end — diagnose, fix, and automate recurring processes in collaboration with the Automation team.
• Drive AI adoption and process automation to improve reporting efficiency and data accuracy.

Qualifications & Experience

• CA with 3–5 years of experience in Business Finance / FP&A; or
• MBA (Finance) / B.Com / M.Com with 7+ years of experience — preferably in Mobile / Retail industry.
• Prior experience in Smartphone or Retail industry strongly preferred.

Technical Skills

• SAP proficiency and advanced MS Excel (non-negotiable).
• Working knowledge of Direct & Indirect Taxes and IndAS.
• Comfort with data tools and automation platforms for reporting and process improvement.

Soft Skills & Expectations

• High integrity and ownership — delivers results with minimal supervision.
• Go-getter attitude with the confidence to push back on business teams when needed.
• Strong communication skills; ability to mentor and coach junior team members.
• Excellent negotiation skills, particularly with vendors and partners.
• Ability to manage multiple priorities, work under tight deadlines, and meet stringent closure timelines.
• Willingness to travel for partner/vendor meetings.