Manager - Financial Planning (3-6 yrs)

About the company:

A well-established global leader in color and effect pigments for decades, this company holds a significant share of India's chemical market. With a workforce of over 1500 employees, expansive operations, and an impressive turnover nearing - 2000 Crore, it is a key player in the industry.

Job Responsibilities:

Financial Planning & Budgeting:

- Assist in the Annual Business Planning process and support various department heads in creating growth plans.

- Analyze cash flow, revenue, expenses, and capital expenditures for budgeting and forecasting. Ensure budgets are communicated across all departments.

- Contribute to financial due diligence for M&A/partnership initiatives and help analyze strategic projects or capital expenditure proposals.

- Work with the Market Intelligence team to understand market trends and help build business plans through projections and analysis.

Financial Analysis:

- Collect and analyze business performance data from different teams.

- Prepare business performance reports and review them with relevant stakeholders.

- Assist in reviewing financials for all locations and subsidiaries, providing insights and warnings where needed.

- Review inventory and work-in-progress (WIP) cost accounting and ensure compliance with established controls.

- Assist in closing books by identifying financial gaps and helping to implement corrective measures.

- Help design templates for costing and collaborate with department heads on cost reviews.

Pricing:

- Work with the Product & Portfolio management team to review product pricing and ensure profitability.

- Assist in implementing governance measures for pricing control, ensuring proper audits and processes.

- Support the monitoring and control of inter-company transfer pricing with subsidiaries, conducting quarterly reviews.

Financial Risk Management:

- Help ensure financial risks are managed across business units by implementing governance mechanisms.

- Assist with external audits by providing necessary information.

- Review budget variances and suggest corrective measures where needed.

Continuous Improvement:

- Review Financial Planning & Analysis processes periodically, identifying areas for improvement and automation to reduce cycle time and improve reporting