Financial Planning Analyst

Job Summary:

The FP&A Analyst will be responsible for providing financial insights and projections to the finance team and executive management. The role involves analyzing financial data, preparing reports, and developing forecasts to support strategic planning and decision-making processes. The ideal candidate should have a strong background in financial modeling, data analysis, and budgeting, with a keen interest in process improvement and automation, and a solid understanding of technology.

Key Responsibilities:

1. Financial Analysis and Reporting

• Prepare and analyze monthly, quarterly, and annual financial reports.
• Perform variance analysis to identify trends, risks, and opportunities.
• Develop financial models to support forecasting, budgeting, and long-term planning.

2. Budgeting and Forecasting

• Assist in the preparation of the annual budget and periodic forecasts.
• Monitor actual performance against budget and provide insights to management.
• Update and maintain budgeting and forecasting models.

3. Strategic Planning

• Provide financial insights to support business strategy and decision-making.
• Conduct market and competitive analysis to inform strategic initiatives.
• Participate in cross-functional projects to improve business performance.

4. Data Management and Analysis

• Collect and analyze financial data from various sources to support decision-making.
• Ensure accuracy and integrity of financial information.
• Develop and maintain dashboards and key performance indicators (KPIs).

5. Process Improvement and Automation

• Identify and implement process improvements to enhance efficiency and accuracy.
• Collaborate with IT and other departments to streamline financial reporting processes.
• Lead and support automation initiatives and the implementation of new financial systems.
• Apply technology solutions to improve financial processes and reporting.

Qualifications:

Education: MBA Finance or CA Professional.

Experience: 1-2 years of experience in financial planning and analysis, corporate finance, or a related field.

Technical Skills:

• Proficiency in financial modeling and analysis.
• Advanced Excel skills and experience with financial software (e.g., SAP, Oracle, Hyperion).
• Knowledge of data visualization tools (e.g., Power BI, Tableau) is an advantage.
• Understanding of technology and its application in financial processes.

Key Competencies:

• Analytical Skills: Ability to analyze complex financial data and provide actionable insights.
• Attention to Detail: High level of accuracy and attention to detail in financial reporting.
• Communication Skills: Strong verbal and written communication skills to convey financial information clearly.
• Problem-Solving: Strong problem-solving skills and ability to think strategically.
• Team Player: Ability to work collaboratively in a team environment.
• Time Management: Excellent organizational skills and ability to manage multiple priorities.
• Process Improvement: Knack for identifying inefficiencies and implementing automation solutions.