Team Member – FP&A

Division
Department
Sub Department 1
Job Purpose
Deliver annual plan and focus on sustainable value creation through automation of systems and processes, effective communication, strong collaboration with BUs and Functions and action oriented recommendations while adding competitive impact to enable management steer the company into the top quartile of the sector in terms of value creation.
Key Accountabilities (1/6)
Deliver simplified & comprehensive Board Presentations on results along with detailed scorecards for the month & complete bridge vs plan to enable management identify hits and misses Prepare standalone & consolidated management accounts Collaborate with Corporate Accounts with the monthly P&L closing activities P&L and key performance metrics reporting Monthly flash on business performance (sales by BU & provisional P&L / LBE) for the Board Provide visibility to the leadership on the key business risks - sales, mix, costs, competition Enhance the quality of the investor relations material to provide better external communication
Key Accountabilities (2/6)
Partner with BUs and Functions to achieve cost management and delivery of annual plan Holding actual vs budget discussions with BUs Understanding and preparing business analysis - DTM / B2B, book integration implications etc. Performing monthly variance analysis for corporate functions (HR, Legal, IT etc.) and intervention planning to help deliver the plans Identify risks & opportunities in P&L delivery - one offs, recurring costs assessment Work with corporate functions & BU CFOs for ring fencing & cost control
Key Accountabilities (3/6)
Drive Compliance and Simplification to ensure proactive decision making Automation - Automation of management books Design and deployment of Corporate Dashboards / Scorecards
Key Accountabilities (4/6)
Design the annual operating plan / budget and forecast future performance for the company to monitor and control performance (growth & margins) Work with the BUs/Functions on the next year budget planning for bottoms up Integrate the budget plans for one central budgeting & P&L prep Provide trend based and BU LBE guidance to business leadership team Simulation based forecasting for the quarterly & full year P&L
Key Accountabilities (5/6)
Benchmark vs peer group to ensure the company is in the top quartile of the sector and undertake special projects as required P&L cloning and FSA of key competitors Help different teams in the organization on special/one-off projects/requests/analysis
Key Accountabilities (6/6)
Major Challenges
Improving forecast agility and accuracy (Streamlining the forecasting process to address the changing market conditions and establishing a driver based rolling forecast process) Delivering real-time and up-to-the-minute results to leadership team through consolidating & analysing inputs from multiple sources (Automation & Standardisation)
Key Interactions (1/2)
Internal BU CFOs and BU Finance Team (Monthly; Business Analysis & intervention plans for keeping performance on track) Corporate Finance Team - Accounts/Costing/Tax/Treasury (Monthly; P&L closing activities) Corporate Functions (Monthly; Cost plans, actuals & intervention planning to help deliver the plans) Investor Relations Team (Quarterly; Database preparation and message & content creation)
Key Interactions (2/2)
External Consultants (one-off / special projects)
Dimensions (1/2)
Revenue: Rs 13678 crs (with special focus on API business: $112 Mn)
PAT: Rs 1506 crs
Dimensions (2/2)
Key Decisions (1/2)
Decisions Decisions related to resolving issues and questions by BU Finance as the first point of contact for issues
Key Decisions (2/2)
Recommendations
Recommendations on budget allocations/ring fencing for BUs/Functions at time of annual budgeting based on analysis of current & past trends of revenue and expenses Recommendations on intervention plans for keeping performance on track based on expenditure analysis, industry/peer group comparisons Recommendations related to developing standard financial models/templates distributed for use by Finance Team during planning process to ensure quality and accuracy
Comments:
Need based decisions are taken for projects/process which don't entail any financial impact.
Education Qualification
Chartered Accountant / MBA - Finance
Relevant Work Experience
1-3 experience