Financial Planning & Analyst

Summary:

Develops, interprets and implements financial concepts for financial planning and control. Performs technical analysis to determine present and future financial performance. Gathers, analyzes, prepares and summarizes recommendations for financial plans, acquisition activity, trended future requirements and operating forecasts. Performs economic research and studies in the areas of rates of return, depreciations, working capital requirements, investment opportunities, investment performance and impact of governmental requirements.

Duties & Responsibilities:

Financial Planning and Forecasting:

• Develop and maintain financial models to support budgeting, forecasting, and long-term planning.
• Analyze financial data, identify key drivers, and provide insights to enhance decision-making.

• Assist in the preparation of the annual budget and periodic forecasts.
• Monitor budget performance, investigate variances, and recommend corrective actions as needed.

Financial Analysis & Reporting:

• Conduct in-depth financial analysis to support strategic initiatives and identify areas for improvement.
• Evaluate the financial impact of various projects, investments, and operational changes.
• Prepare and present accurate and timely financial reports to management and key stakeholders.
• Develop and maintain dashboards to track key performance indicators (KPIs) and financial metrics.

Manufacturing Variance & Cost Analysis:

• Analyze and explain variances in manufacturing costs, including direct labor, direct materials, and overhead costs.
• Collaborate with the operations team to understand production processes, Cost Drivers and identify opportunities for cost optimization.

• Analyze costs and cost structures to identify opportunities for cost savings and process improvements.

Forecasting, Trend & Adhoc Analysis:

• Monitor economic, industry, and market trends to provide insights into potential impacts on the organization.
• Utilize forecasting techniques to predict future financial trends and outcomes.

• Respond to ad hoc requests for financial analysis and reporting from various departments and senior management.
• Conduct special projects to support strategic initiatives and business decisions.

Cross-Functional Collaboration:

• Work closely with other departments, such as accounting, operations, and sales, to gather relevant financial information and ensure alignment with organizational goals.

QUALIFICATIONS AND EXPERIENCE:

• Chartered Accountant.
• Proven experience as a Financial Analyst with strong analytical skills with the ability to interpret complex financial data.
• 1 – 3 years of post-qualification experience in FP&A role with an MNC.
• Excellent proficiency in financial modeling and data analysis tools.
• Advanced knowledge of accounting principles, financial regulations, and financial statement analysis.
• Effective communication and presentation skills.
• Detail-oriented with a high level of accuracy.

SELECTION CRITERIA:

• Knowledge of Hyperion, Essbase and Incorta will be a plus
• Strong analytical skills with expertise in spreadsheet and PowerPoint skills
• Ability to produce coherent and succinct management reports.
• Positive attitude and willingness to learn.
• Be flexible and open to changes.
• Detail oriented, organized, and accurate
• Strong interpersonal, communication and team member skills.

Pre-Requisites / Skills / Experience Requirements: