Financial Planning and Analysis Manager

Job Purpose:

To manage the financial planning, budgeting, forecasting, and analysis processes, enabling the leadership team to make informed strategic decisions. The role is crucial in ensuring optimal resource allocation, performance monitoring, and alignment with the company’s financial objectives.

Key Responsibilities:

Financial Planning and Budgeting:

• Develop and oversee the annual budgeting process, ensuring alignment with business objectives.
• Collaborate with department heads to gather financial inputs and translate them into actionable plans.
• Monitor budget adherence and analyze variances with actionable recommendations.
• Work closely with the leadership team, finance teams, and business units to ensure a cohesive financial strategy.

Forecasting and Reporting:

• Lead the preparation of accurate and timely financial forecasts on a periodic basis.
• Prepare detailed financial reports for senior management and stakeholders, highlighting key trends and insights.
• Analyze variances against budgets and forecasts, providing actionable insights to management.
• Provide financial insights and recommendations to support business growth and profitability.

Performance Analysis:

• Monitor key performance indicators (KPIs) and financial metrics.
• Conduct deep-dive analysis on business performance and recommend strategic improvements.
• Support strategic decision-making with financial analysis of new initiatives, projects, and investments.

Process Improvement & Automation and Compliance:

• Identify opportunities to improve financial planning and reporting processes through automation and best practices.
• Implement tools and systems to streamline financial processes and improve data accuracy.
• Ensure financial planning and reporting processes comply with regulatory requirements and internal policies.

Desired Profile - Preferably CA with 5+ years Consulting experience in Financial Planning and Analysis for BFSI Industry