Financial Planning Analyst

Job Description

Manager FP&A Job DescriptionUnique Job Role Manager FP&A Function Commercial Finance - Jewellery Reporting to Lead FP&A Business New Jewellery Finance Grade L5-L7 Date Job DetailsWe are seeking a highly analytical and detail-oriented Finance Manager to manage overhead analysis, budget control, terms of trade payout reporting and implementation, and business support for key Brands (Mia & Zoya). The role requires working closely with stakeholders across regions, factories, and corporate functions to drive financial efficiency, identify cost-saving opportunities, and impact profitability for Jewellery division.Job RequirementsEducationCARelevant Experience0 -5 yearsBehavioural Skills Customer Centricity Interpersonal Effectiveness ¢ Delivers Results ¢ Problem Solving ¢ Adaptability ¢ Data Analysis ¢ Influence for Impact ¢ Ambiguity tolerance ¢ Detail OrientationKnowledge ¢ Advanced knowledge of Excel ¢ Strong knowledge of accounting ¢ Knowledge of financial modelling (profitability, ROCE) Process Contribution1.Overhead Analysis & Budget Control Analyze overhead costs and compare them against budgets Engage with regional, factory, and corporate stakeholders to gather insights and identify cost savings Provide early warnings on potential deviations and propose/drive corrective actions 2.Terms of Trade Payout Review & Process Improvement Review the terms of trade payout implementation, ensuring data accuracy and compliance. Identify process inefficiencies and propose improvements to enhance savings. Maintain hygiene in financial data to support accurate reporting and decision-making. 3.Business Support for Mia & Zoya Brands Provide end-to-end financial support for Mia & Zoya brands; P&L analysis and KPI reporting Conduct discount analysis and assess TEP (Tanishq Exchange Policy) and GEP (Gold Exchange Policy) efficiency including insights on upselling. Evaluate brand profitability and recommend strategies for margin improvement. 4.Retail, Digital, Marketing Budget Control Oversee budget control for Retail, Digital & Marketing expenses through the IO (Internal Order) and PO (Purchase Order) process in SAP/Oracle. Develop a robust reporting mechanism to track expenditures and optimize resource allocation. Define turnaround time (TAT) for key financial actions and ensure SLA adherence 5. IT Cost Evaluation & Spend Monitoring Critically assess IT proposals and costs, ensuring alignment with budget constraints. Monitor IT spending and implement cost-control measures at the division level. Identify savings opportunities and drive efficiencies. Job Description Directory Private and ConfidentialPage 1