FPA - Financial Planning and Analyst

Position: Financial Planning & Analysis manager

Experience: 3+ years

Academic: CHARTERED ACCOUNTANT (MBA Finance or CPA preferred)

Hiring Manager: Anshul Gupta

Location: Pune

Probation: 6 months

Skills:

• Strong proficiency in financial modeling, forecasting, and analysis.
• Advanced knowledge of Excel and financial software (e.g., SAP, Oracle, Hyperion).
• Excellent analytical and problem-solving skills with a keen attention to detail.
• Strong communication and presentation skills, with the ability to convey complex financial information to non-financial stakeholders.
• Ability to work independently and collaboratively in a fast-paced environment. Others Experience of working in Automotive organization would be preferred.

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Job Overview:

The FP&A Analyst will play a critical role in driving the company's financial planning, budgeting, forecasting, and analysis processes. This position will be responsible for providing strategic insights and actionable recommendations to senior management to support business decisions. Additionally, the role includes managing and optimizing working capital facilities to ensure the company's financial health and operational efficiency

Roles and Responsibilities:

Financial Planning and Budgeting:

• Lead the annual budgeting process, working closely with department heads to gather inputs and consolidate budgets.

• Develop and maintain financial models to support the budgeting process, ensuring accuracy and alignment with strategic goals.

Forecasting:

• Prepare monthly, quarterly, and annual financial forecasts, incorporating key business drivers and market trends.

• Analyse variances between actual results and forecasts, providing detailed explanations and recommendations for corrective actions.

• Continuously update forecasts based on changing business conditions and strategic initiatives.

Financial Analysis:

• Conduct detailed financial analysis, including profitability analysis, cost analysis, and performance metrics.

• Provide financial insights and recommendations to support strategic initiatives, investment decisions, and business planning.

• Prepare comprehensive financial reports and presentations for senior management and stakeholders.

Working Capital Management:

• Monitor and manage the company's working capital, including accounts receivable, accounts payable, and inventory levels.

• Develop strategies to optimize working capital, improve cash flow, and minimize financial risks. • Coordinate with treasury and finance teams to ensure efficient utilization of working capital facilities and credit lines.

Business Partnering:

• Collaborate with various departments to gather relevant data, understand business needs, and provide financial guidance.

• Act as a financial advisor to business units, helping them understand financial impacts and improve decision-making.

Process Improvement:

• Identify and implement process improvements to enhance the efficiency and effectiveness of financial planning and analysis activities.

• Leverage technology and tools to automate reporting and analysis tasks. Compliance and Risk

Management:

• Ensure compliance with financial policies, regulations, and accounting standards.

• Identify financial risks and develop mitigation strategies to protect the company's financial integrity.

Key Competencies:

• Strategic Thinking: Ability to think long-term and align financial strategies with business goals.

• Analytical Skills: Proficiency in analyzing financial data and making data-driven decisions.

• Attention to Detail: Ensuring accuracy in financial reports and analysis.

• Communication: Effective communication skills to present financial information clearly.

• Adaptability: Flexibility to adapt to changing business conditions and priorities.

• Collaboration: Ability to work effectively with cross-functional teams.

Working Conditions:

• Full-time position with standard office hours.

• Occasional extended hours during peak periods such as budgeting cycles and financial reporting deadlines.

Person Specification

• Experienced, qualified accountant (ACCA/CIMA/ACA) or MBA Finance from a reputed University.
• Commercially focused with strong business partnering skills
• Previous experience in consolidating budgets and forecasts from multiple business units/ countries
• Previous experience with automotive sector and overseas manufacturing would be an advantage.
• Advanced Microsoft Excel skills with a sound understanding of financial systems.
• Strong analytical and modelling skills and the ability to translate outputs to both a financial and non-financial audience across the business.
• Self-starter ability to show initiative and work on his/her own to achieve department and business objectives.
• Professional attitude with appreciation of wider business objectives
• Attention to detail and accuracy.
• Ability to plan, prioritise and meet tight deadlines.
• Flexibility in approach and able to adapt to a variety of the situations.
• Ability to learn quickly and think on their feet.
• Strong integrity and excellent judgement required.

CT Automotive India