Position: AVP - FP&A

Department: Finance & Accounts

Qualification and Experience

Experience: 15+ years

Qualification: CA

Only from Pharma OR FMCG Industry candidates.

Summary / Key Responsibilities

AVP FP&A is a senior leadership role responsible for managing financial operations, compliance, reporting and financial planning & analysis. The incumbent will play a critical role in steering the business by driving top line growth, margin improvement and cash flow management. The incumbent will also be responsible for driving Budgeting & Forecasting process, Product pricing evaluation, Review of financial performance, Evaluation of Business cases for New product development or product extension for each market..

Key Responsibilities

Financial Planning and Analysis

- Lead Annual budgeting process, forecasting, and scenario modelling for India operations

- Conduct profitability analysis and cost optimization

- Provide monthly/quarterly business scorecards, along with actionable insights by departments including HO, Plant

- Establish rolling P&L and Global cash flow projections with 95%+ forecast accuracy and drive optimization of cash flows

- Forward forecasting and Predictive analytics on risk and opportunities

- Evaluate large capex projects and provide ROI analysis basis NPV, IRR, DCF, Payback period, Sensivity Analysis etc

Strategic Business Partnering

- Collaborate with Supply Chain, Manufacturing, HO to provide finance business support

- Evaluate large capex projects and provide ROI analysis basis NPV, IRR, DCF, Payback period, Sensivity Analysis etc

- Provide financial insights for make-vs-buy decisions, outsourcing, and footprint optimization

- Periodic detailed review of product portfolio for pricing, gross margin and COGS optimisation

- Drive productivity agenda and mindset across functions

MIS and Reporting

- Monitor monthly, quarterly, yearly actual performance vs budget. Provide P&L with variance analysis vs plan, LE and previous year

- Track achievement vs Corporate Goals on monthly basis, identify risks and action plans in consultation with department heads

- Ensure high level of accuracy in MIS through reconciliation of MIS with Financial/reported numbers with Finance controller

- Develop dashboards to monitor KPIs

- Adhoc analysis as per business requirements

Automation, use of AI and emerging technologies

- Automate finance function by leveraging technologies, data analytics and dashboards

- Use/build AI models for forecasting, compliance and risk management

- Build scalable finance processes and systems

- Partner with finance controller to ensure seamless ERP implementation/ improvements

Team Leadership

- Guide and mentor the team. Develop and retain top talent

- Foster a culture of accountability and continuous improvement

- Ensure regular feedback and coaching is given on performance and behaviour of the team

- Ensuring bi-annual performance review is carried out on time and constructive feedback is given to every team member