Two Brothers - Senior Finance Analyst (10-15 yrs)

Job Title: Senior Finance Analyst

Location: Pune

Department: Finance

Reports To: Founders / CEO

Employment Type: Full-Time

Position Overview:

We are seeking a highly skilled Senior Finance Analyst to join our finance team. The successful candidate will be responsible for managing and overseeing key financial operations, including budgeting, P&L management, payouts, forecasting, finance controlling, budget enforcement, and internal controls. This individual will collaborate with various departments to ensure financial integrity, provide strategic insights, and drive financial performance across the organization.

Key Responsibilities:

Budgeting:

- Lead the preparation and execution of annual budgets, ensuring alignment with business goals and objectives.

- Work closely with department heads to collect inputs, analyze financial data, and consolidate company-wide budgets.

- Monitor budget execution, tracking variances and recommending corrective actions to ensure financial targets are met.

P&L Management:

- Oversee the preparation and accuracy of Profit & Loss (P&L) statements on a monthly, quarterly, and annual basis.

- Analyze financial performance and profitability, providing insights into revenue, expenses, and margins.

- Ensure P&L reports are timely and aligned with corporate goals, and manage corrective actions in response to budget deviations.

Forecasting:

- Lead monthly, quarterly, and annual forecasting processes to predict financial outcomes and resource needs.

- Develop and maintain financial forecasting models that account for both short- and long-term business trends.

- Present forecasts to senior management, highlighting key insights, assumptions, and recommendations for strategic decisions.

Payouts Management:

- Oversee the accurate and timely processing of employee, vendor, and partner payouts, ensuring alignment with company policies and regulatory requirements.

- Review incentive structures, commission programs, and other payouts to ensure proper calculation and adherence to policies.

- Collaborate with HR and operations teams to ensure alignment of payouts with performance metrics and organizational goals.

Finance Controlling:

- Implement and manage financial controls to ensure the integrity of financial data and reporting.

- Perform regular financial analysis, identify discrepancies, and ensure corrective actions are taken to maintain financial accuracy.

- Review and monitor financial transactions and processes to ensure they comply with internal policies and external regulations.

Budget Enforcement:

- Enforce adherence to the approved budget, ensuring that department spending stays within allocated limits.

- Monitor financial performance regularly and report any discrepancies or concerns to senior management.

- Work with department managers to ensure that their budgets align with organizational priorities, adjusting as necessary.

Internal Control:

- Design, implement, and maintain strong internal control systems to safeguard company assets and prevent fraud.

- Continuously review and assess internal control policies and procedures for effectiveness and compliance.

- Collaborate with auditors to ensure successful internal and external audits, and implement recommendations for process improvements.

Financial Reporting & Analysis:

- Prepare and present financial reports and dashboards to senior leadership, providing clarity on financial health and performance.

- Provide regular updates on financial performance against KPIs, budgets, forecasts, and previous periods.

- Assist in ad-hoc financial analysis, business case preparation, and decision support for new initiatives.

Process Improvement:

- Lead efforts to streamline financial processes, improve budgeting and forecasting cycles, and optimize financial reporting.

- Identify and implement best practices in financial management and internal controls.

- Continuously monitor industry trends and developments, recommending improvements to enhance financial operations.

Qualifications:

- CA + MBA preferred.

- At least 10-15 years of experience in finance, accounting, or financial controlling, with a focus on budgeting, P&L management, forecasting, and internal controls.

- Strong proficiency in financial software and tools

- Extensive knowledge of financial analysis, financial reporting, and corporate accounting principles.

- Proven experience in implementing and managing internal controls to ensure compliance and financial integrity.

- Strong understanding of budgeting processes, financial modeling, and variance analysis.

- Excellent analytical, problem-solving, and decision-making skills, with the ability to provide strategic financial insights.

- Strong leadership skills, with experience managing and mentoring junior finance staff.

- Excellent communication and presentation skills, with the ability to clearly articulate financial concepts to both financial and non-financial stakeholders.