HDFC Life - Senior Manager - Business Planning - CA

Senior Manager - Business Planning 

Job description : 

- Financial Reporting and support for business reviews

- Periodically review the actual vis-a-vis budget, forecasts.

- Profitability analysis of all distribution channels across the company for presentation to the top management and interaction with stakeholders.

- Identify required process improvements to enhance quality of MIS and initiate actions.

- Present departmental costs, analysis of trends.

- Prepare the reporting presentation for management/ business reviews.

- Budgeting and Planning responsibility

- Provide Business Planning & Analysis to facilitate gathering, interpreting and conveying financial information in an analytical manner which supports financial planning.

- Manage formulation of budget, forecast plans keeping in sight the organizational objectives.

- Prepare and develop alternative scenarios and sensitivity analysis.

- Contribute in the development and implementation of planning and control best practices.

- Financial Analysis and decision support

- Review and analyze proposals for sanction of capital expenditure, new initiatives/ projects, keeping in sight the organizational objectives and formulate recommendation.

- Apply appropriate management control tools and manage execution of sanction processes.

- Measure the performance of the branches and make recommendations for actionables.

- Generate review/ tracking mechanism giving feedback on approved capex/ business cases.

- Exploit capabilities of technology tools (SAP,BW,BPC) aggressively to enhance efficiency of the function.

Study performance trends of the competitors in the industry and prepare comparative analysis vis-a-vis our performance.

Assist in financial analysis of strategic tie-ups and related initiatives.

Candidate Requirement:

The person is expected to demonstrate networking skills with the business teams and an appropriate understanding of business.

Qualification: CA mandatory, experience in life insurance sector preferred