Manager - FP&A

Job Summary:

The Manager of FP&A is responsible for leading the financial planning and analysis processes, including budgeting, forecasting, financial reporting, and business performance analysis. This role provides key insights and recommendations to senior management, ensuring that financial goals and strategic initiatives are met. The Manager will work closely with various departments to drive financial performance and operational efficiency.

Key Responsibilities:

Budgeting & Forecasting:

• Lead the annual budgeting process, working with department heads to develop and consolidate budgets.
• Prepare regular forecasts, adjusting for changing business conditions and providing insights into financial trends.
• Present budget and forecast updates to senior management, highlighting key variances and potential risks.

Financial Analysis & Reporting:

• Conduct detailed financial analysis to support strategic initiatives, including profitability analysis, cost control, and investment evaluation.
• Develop and maintain financial models to forecast financial performance and support business decisions.
• Prepare monthly, quarterly, and annual financial reports, providing insights into financial performance and recommendations for improvement.

Business Partnering:

• Collaborate with department heads and business units to understand their financial needs and provide financial support and guidance.
• Act as a key liaison between finance and other departments to ensure alignment on financial goals and objectives.
• Support ad-hoc financial analysis and projects as requested by senior management.

Performance Management:

• Monitor and analyze key financial metrics and KPIs, identifying trends and variances.
• Develop and implement processes to improve financial performance and operational efficiency.
• Lead the development and implementation of financial planning tools and systems to enhance financial reporting and analysis.

Leadership & Team Management:

• Manage and mentor a team of financial analysts, providing guidance, training, and development opportunities.
• Foster a culture of continuous improvement within the FP&A team, encouraging innovation and best practices.
• Ensure accuracy and timeliness of all financial planning and analysis deliverables.

Qualifications:

• CA with 5-6 years of relevant work experience in FP&A (Manufacturing experience preferred)
• Strong proficiency in financial modeling, forecasting, and analysis.
• Advanced knowledge of financial systems, ERP systems, and Excel.
• Excellent analytical and problem-solving skills with a keen attention to detail.
• Strong communication and presentation skills, with the ability to explain complex financial concepts to non-financial stakeholders.
• Experience managing and developing a team of financial professionals.
• Ability to work in a fast-paced environment, manage multiple priorities, and meet deadlines.

Competencies:

• Strategic Thinking: Ability to think critically about business challenges and provide actionable insights.
• Leadership: Proven ability to lead and inspire a team, driving high performance and fostering professional development.
• Collaboration: Strong interpersonal skills, with the ability to work effectively across departments and with senior management.
• Adaptability: Comfortable with change and able to adapt to evolving business needs.
• Detail-Oriented: Commitment to accuracy and thoroughness in all financial analyses and reports.

Checklist for Basic Skills:

1. Knowledge of Business
2. Preparation of Business Models
3. Understanding of Revenue, Expenses, EBITDA, and PAT
4. MIS vs. Financial Variance Analysis
5. Key Performance Indicators (KPIs) for a Business (e.g., GMV, Orders)
6. Experience in Budget Preparation
7. Experience in Investment Due Diligence (optional)
8. Understanding of How to Improve Business Efficiencies
9. Coordination with Other Departments