Sonalika - Deputy Manager - Financial Planning & Analysis

Company Overview:

International Tractors Limited (ITL), makers of Sonalika tractors, is one of India's leading tractor manufacturers and exporters. Operating in the agricultural machinery industry, ITL has a significant presence in both domestic and international markets, exporting to over 130 countries. The company is known for its robust and technologically advanced tractors, catering to a wide range of farming needs.

Role Overview:

As a Dy Manager - FP&A at International Tractors Limited, you will play a critical role in supporting the financial planning and analysis functions of the organization. This position involves working closely with various departments to gather financial data, develop budgets and forecasts, and analyze financial performance. You will collaborate with the finance team, business unit heads, and other stakeholders to provide insightful financial analysis that drives strategic decision-making and improves business outcomes.

Key Responsibilities:

- Develop annual budgets and rolling forecasts by collaborating with various departments and consolidating financial data.

- Analyze monthly financial performance against budget and forecast, identifying key variances and providing insightful explanations to management.

- Prepare and present financial reports, dashboards, and presentations to senior management, highlighting key trends, risks, and opportunities.

- Conduct financial modeling and analysis to support strategic initiatives, investment decisions, and business development opportunities.

- Support the development and implementation of financial planning and analysis processes, systems, and tools to improve efficiency and accuracy.

- Monitor key performance indicators (KPIs) and provide regular updates to management on progress against targets.

- Assist in the preparation of long-range financial plans and strategic plans, ensuring alignment with overall business objectives.

- Conduct ad-hoc financial analysis and reporting as required by management.

Required Skillset:

- Demonstrated ability to develop and interpret financial models, analyze large datasets, and present findings effectively.

- Strong understanding of financial planning and analysis principles, budgeting processes, and forecasting techniques.

- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.

- Proficiency in using financial planning software and Microsoft Excel. Bachelor's degree in Finance, Accounting, or a related field.

- MBA in Finance is preferred.

- 1-5 years of relevant experience in FP&A or a related role.