Finance Business partner -EF & FP&A

Philips

7 - 12 years

40 - 45 Lacs

gurugram

Posted:-1 days ago| Platform:

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Skills Required

insurance journal entries auditing variance analysis accounting matrix cfo reconciliation budgeting billing statutory audit cost control journal fpa compliance provision payroll cost analysis taxation reporting finance governance forecasts

Work Mode

Work from Office

Job Type

Full Time

Job Description

Operating Plan (AOP) Management

Drive bottom-up planning for all enabling functions, consolidating detailed functional requirements.
Align top-down targets with function heads, market expectations, and global directives.
Allocate AOP budgets to respective ORUs (Operating Reporting Units) based on agreed ratios.
Ensure timely handshake with ORUs on allocated budgets and secure alignment.

Month-End and Quarter-End Activities

Perform month-end closing tasks , including journal entries, cross-charges, billing, reconciliations, and preparation of templates/reports.
Conduct comprehensive cost analysis for categories such as payroll, open POs, and insurance.
Review month-end provisions and prepare function-level analytics .
Develop and deliver enabling function reports , highlighting AOP vs. Actual variances to function heads and global teams.
Maintain cost control on India enabling functions through regular checks and analytics.
Prepare Quarterly Board Deck for the Board of Directors, including financial performance, P&L analysis, market share, and key highlights.
Support internal and statutory audits by providing accurate documentation and timely responses.

Compliance & Governance

Regularly review Delegation of Authority (DOA) , policies, approval matrix, and RBAM matrix.
Review and approve PR/POs as per financial authority.

2. FP&A Responsibilities

Act as a key FP&A partner , preparing month-end performance reports (e.g., business-wise, modality-level P&L reviews).
Perform detailed P&L and margin analysis , including AOP vs. Actual comparison, monthly Latest View (LV), and quarterly rolling forecasts.
Prepare analytical reports and insights for CFO and senior management to support strategic decision-making.

Qualification

CA / MBA (Finance) with a minimum of 7 years of post-qualification experience
CA qualification is mandatory

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