Lead - MIS FP&A

Purpose/Objective

The Lead - MIS & FP&A (Smart Metering) is responsible for driving financial planning, analysis, and reporting by developing data-driven insights, optimizing budgeting processes, and ensuring accurate financial forecasting. The role strengthens decision-making through financial modeling, variance analysis, and performance tracking while ensuring compliance with corporate and regulatory standards. It enhances financial transparency by managing MIS reporting, streamlining data systems, and aligning financial strategies with business objectives. Additionally, it supports cost optimization, resource allocation, and strategic financial initiatives to improve operational efficiency and profitability within the Smart Metering Business Unit.

Key Responsibilities of Role

Lead - MIS FP&A-SM Financial Planning and Strategy: Enable data-driven financial decision-making by developing robust financial models, scenario analyses, and forecasting frameworks for Smart Metering. Strengthen business planning by preparing annual budgets, multi-year financial projections, and performance benchmarks aligned with corporate objectives. Improve financial agility by analysing macroeconomic trends, regulatory shifts, and internal cost drivers to refine financial strategies. MIS Reporting and Financial Analysis: Enhance financial transparency by designing and delivering structured MIS reports, including variance analysis, trend reports, and key financial performance metrics. Improve decision-making accuracy by standardizing financial reporting formats, automating data consolidation, and ensuring real-time insights. Enable proactive risk management by flagging financial deviations, cost overruns, and revenue shortfalls, providing early corrective recommendations. Performance Monitoring and Business Insights: Drive financial efficiency by tracking business KPIs, identifying performance gaps, and recommending cost optimization strategies for Smart Metering. Ensure alignment with strategic objectives by analysing financial drivers, profitability metrics, and return on investment (ROI) for key business initiatives. Strengthen financial governance by preparing periodic executive dashboards, presenting actionable insights, and supporting leadership in strategic planning. Financial Compliance and Governance: Ensure adherence to corporate financial policies and regulatory requirements by monitoring compliance with accounting standards and internal governance frameworks. Minimize financial risks by conducting periodic financial health checks, ensuring adherence to reporting guidelines, and mitigating non-compliance issues. Strengthen internal controls by standardizing financial reporting protocols, improving data accuracy, and ensuring audit-readiness. Forecasting, Budgeting, and Cost Control: Improve budgetary discipline by monitoring actual vs. forecasted financial performance, identifying variances, and implementing corrective actions. Optimize cost structures by evaluating operational expenditures, identifying cost-saving opportunities, and enforcing financial accountability. Enhance financial predictability by refining forecasting methodologies, incorporating real-time financial indicators, and aligning resource allocations with business needs. Stakeholder Management and Business Partnering: Strengthen cross-functional collaboration by working closely with finance, operations, and business teams to align financial planning with operational realities. Improve stakeholder engagement by translating complex financial data into actionable insights, facilitating informed decision-making at all levels. Drive strategic alignment by supporting leadership in capital allocation, investment planning, and long-term financial sustainability. Technology Integration and Process Optimization: Enhance financial data accuracy and accessibility by leveraging digital finance tools, automation solutions, and advanced analytics platforms. Streamline reporting workflows by integrating ERP systems, dashboard solutions, and AI-driven financial forecasting models. Foster innovation by identifying emerging financial technologies, implementing process improvements, and ensuring continuous enhancement of FP&A capabilities. Team Management: Build a high-performing finance team by fostering skill development, mentoring team members, and ensuring a culture of analytical excellence. Improve collaboration and accountability by setting clear performance goals, standardizing financial processes, and aligning team objectives with business priorities. Drive efficiency by implementing best practices in FP&A, promoting financial literacy within the organization, and ensuring continuous improvement in reporting and analysis. Key Stakeholders - Internal Chief Financial Officer (CFO) Business Unit Head – Smart Metering Finance & Accounts Team Treasury Team Taxation Team Operations Team Procurement & Supply Chain Team IT & Digital Transformation Team Legal & Compliance Team Audit & Risk Management Team HR & Talent Development Team Key Stakeholders - Internal Regulatory Bodies & Tax Authorities Auditors (Internal & External) Banking & Financial Institutions Vendors & Suppliers Investors & Shareholders Consultants & Advisory Firms Industry Associations & Forums Technology & Financial Software Providers

Technical Competencies

Budgeting & Cost Adherence-PRJ,Cash Flow Management-ENERGY,Data Management & Reporting-ENERGY,Financial Planning & Analysis-ENERGY,Regulatory Compliance-PPC-PRJ,Risk Management-ENERGY,Tax Strategy-ENERGY

Qualifications and Experience

Educational Qualification: Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field (mandatory). Master’s degree (MBA/Finance or equivalent) preferred for strategic financial leadership roles. Work Experience (Range of years): Minimum 2 - 5 years of experience in Financial Planning & Analysis (FP&A), Corporate Finance, Business Finance, or a similar domain. Proven expertise in budgeting, forecasting, financial modeling, and variance analysis to drive business insights.