Sr Business Planning Specialist at Renesas… · Bengaluru

companyDescription Renesas is one of the top global semiconductor companies in the world. We strive to develop a safer, healthier, greener, and smarter world, and our goal is to make every endpoint intelligent by offering product solutions in the automotive, industrial, infrastructure and IoT markets. Our robust product portfolio includes world leading MCUs, SoCs, Analog and power products, plus Winning Combination solutions that curate these complementary products. We are a key supplier to the world’s leading manufacturers of electronics you rely on every day; you may not see our products, but they are all around you. Renesas employs roughly 21,000 people in more than 30 countries worldwide. As a global team, our employees actively embody the Renesas Culture, our guiding principles based on five key elements: Transparent, Agile, Global, Innovative, and Entrepreneurial. Renesas believes in, and has a commitment to, diversity and inclusion, with initiatives and a leadership team dedicated to its resources and values. At Renesas, we want to build a sustainable future where technology helps make our lives easier. Join us and build your future by being part of what’s next in electronics and the world. Renesas has a growing presence in India with HC approaching 1000+ and significant presence with active government and university collaboration as well as OSAT footprint (JV with CG India). With the growing importance of India as a market (Growing semiconductor market and government goals / mandates of localization needs) and talent hub, our division’s (India for India) mission is to grow India market. We aspire to create products (SoCs, Software, Power and Analog chips etc) which serve needs for local market. Renesas is a leading electronics supplier globally, and this is a unique opportunity to directly influence the future products which will be offered to our customers in a new, fast growing and large Indian market with specific needs and applications. jobDescription We are seeking a talented and motivated person to join as senior business planning, support business planning activities for India for India business division. A successful candidate will have strong desire and ability to work in an entrepreneurial environment.  The candidate will work closely with management, sales and engineers based in India while coordinating efforts with a global team. The Sr., Business Planning role is a strategic and highly analytical position within the India Business Division, responsible for driving data‑driven decision making, financial rigor, and cross‑functional alignment. This role partners closely with Sales, Product Groups (PGs), Finance, Operations, and Marketing to ensure revenue alignment, effective inventory management, and execution of tactical business initiatives. The individual will play a critical role in shaping Annual Operating Plans (AOP), forecasting, and managing business escalations to support growth and operational excellence in the India market. Responsibilities Business & Data Analysis: Analyse sales, imports, revenue trends, and operational data to generate actionable insights. Develop dashboards and reports to support business reviews and executive decision‑making. Identify risks and opportunities through deep analysis of market and business performance. Financial Planning & Modelling: Partner with Finance to ensure forecast accuracy, variance analysis, and alignment to business objectives. Support financial models for AOP, revenue forecasting, headcount planning, and expense management. This might include scenario planning to support strategic and tactical decisions. Revenue & Sales Alignment: Ensure revenue alignment across IFI, Sales teams and Product Groups (PGs). Support revenue pacing, gap analysis, and corrective action planning. Act as a key interface between IFI, Sales, PGs, and Finance to resolve forecast or execution gaps. Inventory Management & Escalations: Oversee inventory planning and tracking for both samples and actual products. Proactively identify inventory risks, shortages, or excess and drive timely escalations. Coordinate with Supply Chain, Operations, and Sales to ensure optimal inventory availability. Tactical Marketing & Business Support: Support tactical marketing initiatives including pricing escalations and approvals. Drive wafer forecast alignment with PGs and Operations to ensure supply‑demand balance. Enable rapid response to market changes through data‑backed recommendations. Cross‑Functional Leadership: Lead and influence cross‑functional teams without direct authority. Drive structured problem solving and executive‑ready communication. Support continuous improvement in planning processes, tools, and governance. qualifications Bachelor’s degree in business, Finance, Economics, Engineering, or a related field; MBA or equivalent is a plus. 8–12+ years of experience in business planning, financial analysis, strategy, or related roles, preferably in technology, semiconductor, or manufacturing industries. Strong expertise in financial modelling, forecasting, and data analysis. Proven experience working with Sales, Product Groups, Finance, and Operations teams. Strong understanding of inventory management, supply‑demand planning, and escalation management. Excellent analytical, problem‑solving, and executive communication skills. High proficiency in Excel/financial modelling tools; experience with planning systems, BI tools, or ERP platforms is a plus. Ability to operate in a fast‑paced, ambiguous environment and manage multiple priorities. Strong stakeholder management skills with the ability to influence at senior levels. Comfort and ability to collaborate and be effective in an entrepreneurial (fast-paced and ambiguous) environment Desire and drive to interact with, as well as ability to build and maintain excellent relationships with internal and external stakeholders. additionalInformation Renesas is an embedded semiconductor solution provider driven by its Purpose ‘To Make Our Lives Easier.’ As the industry’s leading expert in embedded processing with unmatched quality and system-level know-how, we have evolved to provide scalable and comprehensive semiconductor solutions for automotive, industrial, infrastructure, and IoT industries based on the broadest product portfolio, including High Performance Computing, Embedded Processing, Analog & Connectivity, and Power. With a diverse team of over 21,000 professionals in more than 30 countries, we continue to expand our boundaries to offer enhanced user experiences through digitalization and usher into a new era of innovation. We design and develop sustainable, power-efficient solutions today that help people and communities thrive tomorrow, ‘To Make Our Lives Easier.’ At Renesas, you can: Launch and advance your career in technical and business roles across four Product Groups and various corporate functions. You will have the opportunities to explore our hardware and software capabilities and try new things. Make a real impact by developing innovative products and solutions to meet our global customers' evolving needs and help make people’s lives easier, safe and secure. Maximize your performance and wellbeing in our flexible and inclusive work environment. Our people-first culture and global support system, including the remote work option and Employee Resource Groups, will help you excel from the first day. Are you ready to own your success and make your mark? Join Renesas. Let’s Shape the Future together. Renesas Electronics is an equal opportunity and affirmative action employer, committed to supporting diversity and fostering a work environment free of discrimination on the basis of sex, race, religion, national origin, gender, gender identity, gender expression, age, sexual orientation, military status, veteran status, or any other basis protected by law. For more information, please read our Diversity & Inclusion Statement.