Senior Manager - Financial Planning & Analysis - NBFC

About Company:

A prominent retail-focused Non-Banking Financial Company in India, recognized for its extensive reach in the lending sector, meeting the diverse financing needs of both mainstream and underrepresented customers. In addition to offering customized financial solutions, the NBFC provides a variety of standard products under the broad categories of Urban Finance, Farmer Finance, SME Finance, and Rural Business Finance.

Promoted by one of the largest conglomerates, this NBFC is both a Core Investment Company (CIC) and publicly listed, enjoying a high credit rating. With a presence spanning three decades, the company has an employee strength of approximately 30,000.

Job Description:

- Analyzing business data for effective business decision

- Forecasting & budgeting cash flows

- Cost optimization and analysis of expenses

- Preparing and maintaining yearly detailed budgets/mid-year forecasts under different planning cycles and comparing with actuals so also suggesting action plans

- Preparing budgets for different functions of the organization

- Preparation of Annual and Quarterly budget and monitoring actual performance against the same, and highlighting the management for deviations

- Key member responsible for Finance automation, involves understanding of various finance processes, identifying scope of automation, working with third party vendors

- Conducting various adhoc analysis and strategically addressing issues that are complementary to the regular planning cycles and process

- Collating, Finalizing and submitting data to external auditors for quarterly statutory audits, assisting on audits and resolving queries

- Key part of the project to improve cost to Income Ratio of the company

- Analyzing the cost, liaison with different departments to understand the various aspects affecting cost and suggesting action plans to top management to control cost

- Monthly tracking of P&L expenses including deep dive investigation of material breaks, root cause analysis and fixing the gap with proper resolution leading to effective management

- Liaising with business and IT team and reduced SMS cost

- Responsible for cost benefit analysis of all outsourcing projects and capex plans