Budgeting Analyst

Altius

Altius :

https://www.altiusinfra.com/

Liase with functional teams to collate and aggregate data and prepare monthly rolling forecast, annual budget and Long term Plan
Track and analyze the actual business performance against the budget / forecast. Generate key insights, trends and recommendations as input for fuctional inputs Track actual business performance against key business metrics and prepare a detailed Operations Dashboard Carry out financial model based on sales assumption Preparation of circle level budget and actual tracking against the same

Key Job Responsibilities (Functional/ Technical/ Process)

1.Annual Budget Preparation

Share standard templates with functional teams for capture of granular targets as part of the bottom up planning exercise
Collate and aggregate the budgetary details received from the functional teams. Present the preliminary aggregated budget to superior Where required, liase with functional teams for iterations to budget basis a change in input, assumptions or rationale in order to align with management expectations. Submit the revised budget to superior for review

2.Monthly Operations Dashboard

Capture all actual performance data and compute the necessary KPI scores. Compare the actual performance against KPI targets and prepare a presentation on a monthly basis.
Identify areas of deviation from KPI targets, identify trends and share insights (as per the guidance of superior)

3.Support for functional inputs

Identify and analyze deviations of actual performance against the Functional team inputs and discuss with respective stakeholder

4.Forecasting Review Process

Map the actual performance against the Annual Budget
In addition to the Annual Budget, share templates with functional teams for preparation of the Quarterly Forecast. Collate and aggregate data from the functional teams and share the Quarterly Forecast with superior for review

5.Monthly Review Meetings with Regional Teams

Schedule and coordinate meetings with Region Heads on a monthly basis for review of performance against the budget and forecast
Organize the data to present key insights regarding region wise deviations from target (with trends, if any), root cause analysis, areas of improvement, etc.

6.Guidance to Functional Teams in Budget and Forecast Preparation

Guide the functional teams in populating the data templates during the budgeting and forecasting process. Address queries / concerns, if any.

Performance Measures

• Accuracy of reporting to management (% of instances where errors were identified in the analysis)
• Number of Calendar Weeks to Complete Annual Budget Cycle (Count)
• Number of Budget aIterations from Start to Final Budget
• Number of Line Items for which a Budget / Forecast is Prepared to Number of Line Items for which Actuals are Captured
• Quality of Dashboard basis input received from Senior Management
• % of Data Definition Consistency between reports
• % of Time Spent on Analysis (vs. Data Collection)

Educational Qualification

Chartered Accountant

Technical Competencies

Financial Planning, Budgeting and Analysis
Management Reporting and Analysis

Language

Proficiency in English and Hindi

Relevant Experience

Minimum 5 years of experience with a background in Finance

Overall Experience

Minimum 8 years of experience with a background in Finance