Head - Financial Planning & Analysis - CA - Life Sciences

Roles and Responsibility :

The head of Financial Planning and Analysis function at Client is one of the key roles within the finance function. The position heads the Financial Planning & Analysis function for Ingredients across geographies.

The individual will work closely with the CEO and BU Presidents and functional leaders to create budgets / forecasts and review with Board / SVP. This executive will Drive and Facilitate annual corporate strategic planning and budgeting across the group. He/she will work with cross functional teams (including consultants) to identify and analyse key levers and improvement areas relevant for respective businesses.

This role is a highly compelling opportunity for a talented FP&A leader to add value in a high growth, innovative and values-driven company. Jubilant Lifesciences is looking for someone who can not only move the function to greater levels, but someone who has the ability and interest to take on increased responsibility in the organization, line or staff, with no implied limits.

KEY RELATIONSHIPS :

Reports to : Executive Director-Finance

Team : 5-6 members

Other key relationships : Leadership Team, Board, Business Heads

Desired Candidate : Candidate must have core FP&A experience. Pharma and Chemical industry experience is mandatory.

KEY RESPONSIBILITIES :

- Drive and Facilitate annual corporate strategic planning and budgeting.

- Design, Develop templates, processes for tracking and monitoring of businesses and functions.

- Drive action plan / initiatives for ensuring working capital is within budget,

- Lead the budgeting and forecasting exercise for specific business units. Work with CEO and BU Presidents and functional leaders to create budgets / forecasts and review with Board / SVP.

- Lead the governance process (weekly, monthly, quarterly and annual reviews) with Board / CEOs to drive performance in the areas of business, quality, supply chain and operations.

- Working with cross functional teams (including consultants) to identify and analyse key levers and improvement areas relevant for respective businesses.

- Regularly measure business performance. Work with CEOs / business heads / functional leaders to improve operating performance / operating cash flows and reduce cost / working capital. This will include:

- Prepare income statement and capital employed dashboards to aid decision making. This will include deliverables with a weekly, monthly, quarterly and annual frequency.

- Highlight deviations from budget / forecasts and discuss action plans with businesses

- Support investor relations / finance team with MD&A (management discussion and analysis) for various stakeholders including Board / External Investors.

- Support CEOs and Presidents by leading / supporting special projects / initiatives including:

- Analyse organic and inorganic growth (buy side) / divestment (sell side) opportunities. For inorganic growth or divestment opportunities, this will involve working on the teaser, information memorandum, valuation, due diligence and negotiation.

- Perform feasibility studies of new projects/ business models. This will include developing business plans, market entry strategy, product launch strategy etc. while working closely with Business Presidents and Corporate Office.

- Perform industry benchmarking based largely on secondary research.

- Manage MIS for Promoters and Board.

KEY PERFORMANCE INDICATORS WILL INCLUDE :

- On time budget closures

- On time performance reviews

- Successful special / strategic initiatives

- Deviation from budgeted working capital

- EBITDA impact from identified business / functional initiatives

IDEAL EXPERIENCE :

- CA 13+ years of experiences in financial planning / corporate strategy role

- A qualified Chartered Accountant with relevant experience in financial planning and strategy.

- Pharmaceutical / Chemical experience

- Experience of working in Pharmaceutical/ Chemical or related sector is preferred.

- Experience in a multi geography context

- Experience of working in an organization that spans multiple locations and ideally multiple countries

- Experience of working in a matrix organization

- Experience of working in a matrix environment and or ability to interact with multiple stakeholders is a value add.

CRITICAL LEADERSHIP CAPABILITIES :

Driving Results :

- Proactively partner with CEO and business heads to create and execute a business strategy that achieves the organization's business and financial goals.

- Develop a strong understanding of the business, understand implications of the business dynamics on financials, providing inputs on capital allocation to optimize ROI;

- Advise senior management on the financial implications and risks related to key issues and strategic decisions, setting up appropriate risk management framework

- Support on organic and inorganic growth opportunities.

Commercial Orientation :

- Drive all the strategic aspects of financial planning & analysis through structured thinking and by applying necessary business frameworks inkling Excel based financial modeling / analysis.

- Look beyond basic metrics to think strategically when making commercial decisions. Evaluate the wider commercial impact of decisions beyond the short-term. Clearly articulate multiple data points into dashboards to aid decision making

- Providing a high level of thought leadership and analytical insights in areas of fund raising, equity investments, investment philosophy, strategy, M&A

Collaborating and Influencing :

- Delegate roles thoughtfully to free self to work at a more strategic level.

- Collaborate with each employee to establish clear, challenging performance goals and metrics for the year.

- Design a performance management process to monitor projects and deliver results that exceed expectations.

- Periodically review team progress against plans, focuses attention beyond the project to the full year or more.

- Collaborate and openly debates with the team to manage projects, solve problems, discuss challenging issues, or learn more about critical issues as a group.

OTHER PERSONAL CHARACTERISTICS :

- Strong analytical, written/verbal communication skills

- Strong interpersonal and negotiation skills

- Excellent team player that is able to adapt to change quickly and multi-task

- High level of ethics and integrity

- Energetic professional with a collaborative leadership style and high achievement orientation