Job Title:
Manager FPA Location:
Kolkata A. Job Description Objective The FPA Manager will be responsible for driving financial planning, forecasting, budgeting, and performance analysis to support strategic decision-making across the organization. This role serves as a critical business partner to senior leadership by providing actionable insights, financial modeling, and scenario analysis. The objective is to enhance financial visibility, improve operational efficiency, and ensure alignment of financial goals with the overall business strategy.
B. Primary Job Objectives
The primary duties responsibilities are given below for this position:
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Financial Analysis and Reporting:
- Conduct thorough financial analysis, including but not limited to budgeting, forecasting, and variance analysis.
- Prepare regular financial reports for management, highlighting key performance indicators and financial trends.
- Provide insights into financial data with thoughtful qualitative summaries, helping stakeholders understand the implications and make informed decisions.
- Prepare periodic KPI reports performance reports with business insights to senior management.
- Understand and execute Profit Loss Management, Receivable Payable tracking, Operating performance analysis based on metrics impacting business goals.
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Budgeting and Forecasting:
- Work closely with department heads to develop annual budgets and long-term financial forecasts.
- Monitor budget performance and collaborate with department leaders to address variances and ensure adherence to financial plans.
- Update report monthly forecasts based on changes in business scenario.
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Strategic Planning:
- Develop and maintain sophisticated financial models to support decision-making, business planning and performance tracking.
- Collaborate with cross-functional teams to align financial goals with overall business objectives.
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Financial Process Improvement:
- Drive the implementation and optimization of software tools and solutions for financial management, ensuring seamless integration with existing systems and processes.
- Utilize AI and other tools to continuously evaluate and drive to enhance financial processes for improving efficiency accuracy.
- Implement best practices in financial management and reporting.
- Ensure compliance with internal controls, policies, and procedures.
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Cross-functional Collaboration:
- Work closely with other departments, such as marketing, operations, and human resources, to gather relevant data and ensure alignment with overall organizational goals.
- Collaborate with external stakeholders, including auditors, financial institutions, and regulatory bodies, as needed.
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Ad hoc Analysis and Special Projects:
- Undertake ad hoc financial analysis and special projects as assigned by senior management.
- Provide decision support through scenario analysis and other relevant financial modeling.
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Reporting Dashboards:
- Design and enhance BI dashboards on operating performance and reporting tools for real-time business insights.
- Able to chalk out and implement automated reporting framework based on BI insights for Leadership reviews.
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Team Management:
- Lead, mentor, and manage a team of Financial Analysts / Senior Analysts to ensure high performance, accuracy, and timely delivery.
- Allocate and manage workloads, ensuring efficient distribution of tasks based on priorities and individual strengths.
- Conduct regular performance reviews, provide feedback, and support professional development through coaching and training.
- Foster a collaborative team environment that encourages problem-solving, innovation, and ownership.
- Ensure team adherence to reporting timelines, quality standards, and compliance with internal financial policies.
- Identify and address skill gaps, and proactively work on upskilling initiatives and succession planning within the team.
C. Job Qualifications, Skills and Key Requirements
- 7-10 years of relevant experience in Financial Planning Analysis roles, preferably in a service-based industry (e.g., IT/ITES, consulting, shared services).
- Masters Degree in Finance, Accounting, Business Management.
- Professional certifications such as CMA, CPA, CFA, or Power BI certification are a plus.
- Proven experience in financial analysis, planning, and reporting with clear financial concepts and understanding of PL, revenue models, cost structures, and profitability levers.
- Strong proficiency in Microsoft Excel is mandatory; financial modeling and data analysis tools are desirable.
- Proven experience in team management, mentoring, and performance development.
- Excellent communication, presentation, and stakeholder management skills.
- Ability to work under tight deadlines and deliver high-quality analysis in a fast-paced environment.
- Detail-oriented with strong organizational and problem-solving abilities.
- Proficiency in SQL for data extraction, manipulation, and analysis from relational databases, with ability to write complex queries, joins, and aggregations to support financial reporting, budgeting, and forecasting processes is a plus.
- Expertise in SaaS, Software and Services is a plus.
