Manager - Financial Planning & Analysis - Telecom - CA

FPA - Telecom (only Diversity required)/CA Mandatory

This position is responsible for supporting the Financial Planning & Analysis activities for the clients Mumbai Circle. Key deliverable would include supporting business in achievement of its strategic objectives through informed analysis and timely inputs. Monitor and support the Forecasting and Planning cycle for the circle in collaboration with all other functions and ensure it is in conjunction with overall business objectives of the circle; Assess performance of the circle with respect to business KPIs (Revenue, Costs, margins etc.) and provide critical inputs on improvement through timely analysis of business trends. This would also include target setting through preparation of detailed budgets.

Also responsible for providing effective support to the circle finance team in the areas of Revenue management like forecasting and reporting Prepaid, Postpaid, Roaming, IUC revenue and the related costs.

The major Responsibilities will be as under:-

Budgeting, Planning & Forecasting - Support the Business Planning for various cost lines in various planning cycles (DB, Rolling FCs, Long range Plans etc.). Co-ordinate with various functions, corporate planning team to ensure appropriate costs are captured. Ensure proper compliance of Budgeting guidance from Corporate and Region; Ensure timely and accurate forecasting of all costs.Developing effective mechanism for monitoring costs and related drivers.

Financial analysis & MIS:- Conduct of monthly analysis of actual financial results, with special emphasis on key opportunities & risks. Variance analysis of key items between budget/FC and actuals. Extract actual data for the post period from the SAP system and analyse driver based costs. Prepare & compile various Key Business Indicators (KBIs) both financial & non-financials for decision support. Prepare Function wise cost analysis on monthly basis and highlight reasons of variation.

Drive Cost Optimisation :-Drive local & National cost optimisation initiatives. Cost benchmarking with other circles on various KPIs and ensuring adoption of best practices; Monitor business KPIs trends, explain variances, suggest corrective actions; Preparation of mid-month PnL.

Preparation and support in presentations for various Management reviews :- The role requires undertaking detailed financial analysis and provide the executive team with a full understanding regarding the performance of the business unit on various cost lines.

Capex Tracking & Analysis :- Capex analysis spends, actual Vs Budgeted and track them. Reasons for variance between actual & budgeted capex spends.