Financial Analyst

We are looking for a meticulous and insightful Finance Analyst to drive financial planning and analysis at Solon India Pvt Ltd, a leading player in the Renewable Energy Industry.You will collaborate closely with the accounting team to ensure seamless reconciliations and contribute to the budgeting process. The ideal candidate should be adept at cost control, revenue tracking, and investment analysis, leveraging advanced Excel skills to create insightful dashboards and models. You will play a key role in optimizing financial performance and supporting the company's strategic objectives.

Responsibilities:

• Develop and maintain complex financial models to support strategic initiatives, including revenue forecasting and project finance.
• Conduct thorough variance analysis, identifying key drivers of performance and providing actionable insights to management.
• Lead the annual budgeting and forecasting process, collaborating with department heads to develop realistic and achievable financial targets.
• Analyse key performance indicators (KPIs) and develop dashboards to track progress against strategic goals, providing regular updates to stakeholders.
• across the organization, identifying areas for efficiency improvements and cost reductions.
• Track revenue performance against forecasts, analysing trends and identifying opportunities to maximize revenue generation.
• Conduct project profitability analysis, evaluating the financial performance of individual projects and providing recommendations for improvement.
• Perform cost variance analysis, identifying and explaining deviations from budget and providing insights to improve cost management and financial reports to senior management, highlighting key trends, risks, and opportunities.
• Ensure compliance with all relevant financial regulations and reporting requirements, including GAAP and other applicable standards.
• Develop and maintain strong internal controls to safeguard company assets and prevent fraud.
• Maintain accurate and up-to-date financial records, ensuring data integrity and accessibility.
• Ensure the accuracy and integrity of financial data used in models and reports.
• Provide training and support to other team members on Excel best practices and financial modelling techniques.

General Expectations and Past Experiences:

• Proven expertise in financial modelling, budgeting, and forecasting, demonstrated through 3-5 years of relevant experience.
• Advanced proficiency in Excel, including experience with complex formulas, macros, and data analysis techniques.
• Strong understanding of financial reporting principles and accounting standards.
• Demonstrated ability to analyse financial data, identify trends, and provide actionable insights.
• Excellent communication and presentation skills, with the ability to effectively communicate financial information to both technical and non-technical audiences.
• Experience with project finance and profitability analysis in the renewable energy sector is a plus.
• CFA certification or progress towards certification is highly desirable.