We are Hiring Lead - FP&A & Business Analytics for an esteemed manufacturing client.

Position Offered : Lead- FP&A & Business Analytics

Functional Area : Finance

Reporting to : Chief Financial Officer (CFO)

Location : Belgaum, Karnataka

Key responsibilities include:

Financial Planning and Budgeting:

- Lead Annual Business Planning exercise and partner with various department Heads to devise functional growth plans

- Analyze trends in cash flow, revenue, expenses including capital expenditure etc. for budgeting & forecasting;

- Ensure budgets are cascaded across departments till unit level aligned with overall business plans

- Contribute to the process of financial due diligence for M&A / partnership initiatives (if any) and assist in in financial analysis of strategic projects / capex proposals tabled before the management.

- Collaborate with the Market intelligence team to understand market scenario and contribute to development of business plans through projections / trend analysis

Financial Analysis:

- Liaise with various business teams to gather business performance data

- Lead preparation of business performance reports, conduct analysis and review the same with relevant stakeholders

- Review Business performance MIS dashboards & present findings to management; Finalize templates for relevant information capture for MIS purposes

- Review financials for all operating locations (including subsidiaries) and finalize analysis; Provide early warning signals and assist involved stakeholders in development of appropriate mitigation mechanisms

- Review cost accounting of inventory and WIP to ensure compliance with defined controls and provide inputs for business planning

- Assist in closing of books exercise by reviewing accounts, identifying gaps (if any) and ensuring implementation of corrective measures.

- Finalize templates for costing and liaise with Department Heads to periodically review effort-cost and activity complexity-cost associations; Communicate rationale for costing to concerned Heads of Departments.

Pricing:

- Partner with Product & Portfolio management team to review product economics (including New Products in development) and monitor product pricing to ensure profitability

- Establish governance mechanisms for pricing control through audits and process checkpoints;

- Ensure integrity of governance mechanisms and escalate issues, if any.

- Monitor & control inter-company transfer pricing process for transactions with subsidiaries;

- Undertake quarterly reviews to ensure alignment to management guidelines.

Financial Risk Management:

- Ensure comprehensive coverage of financial risks across SBUs through appropriate governance mechanisms

- Assist in smooth conduct of external audits by providing timely information as per requirements

- Review key variances from agreed budgets; Guide measures to manage key variances.

Continuous Improvement:

- Review Financial Planning & Analysis processes on a periodic basis, identify opportunities for improvement and undertake specific actions to enhance service levels

- Partner with Business Technology team for automation of financial planning and analysis process to reduce cycle time and improve quality of reports.

- Digitization, Automation and IT enablement including Financial Dashboards.

- Continuous monthly and quarterly forecasting and working with resp. Function Heads to drive and achieve targeted Quarterly performance and Annual Budget

- Monitoring adherence of new SOP's across functions that are business impacting processes which could HR related , Procurement related, manufacturing related etc.

Key Skills & Competencies:

- Strong analytical and problem-solving skills

- Financial modeling and forecasting expertise

- Excellent business acumen and stakeholder engagement

- High proficiency in Excel, PowerPoint, and financial planning tools (e.g., SAP, Power BI)

- Effective communication and presentation skills

- Attention to detail with a strategic mindset.

Qualifications & Experience:

- Chartered Accountant (CA) or MBA (Finance).

- 8-12 years of experience in FP&A, business finance, or corporate finance roles

- Experience in manufacturing industries is preferred.

- Exposure to SAP, ERP and BI tools

Hamsika S
Team Lead - Recruitment
Talent Pursuits