Job Description

Financial Planning and Budgeting:
Assisting in the development of annual budgets and long-range financial plans.
Financial Forecasting:
Creating forecasts of future financial performance based on historical data, market trends, and business strategies.
Variance Analysis:
Analyzing differences between actual financial results and planned or budgeted figures, identifying key drivers of variances.
Financial Reporting:
Preparing regular financial reports for management, including key performance indicators (KPIs) and insightful commentary.
Financial Modeling:
Developing and maintaining financial models to support decision-making on various business scenarios.
Strategic Analysis:
Providing strategic insights and recommendations based on financial analysis to support business decision-making.
Performance Monitoring:
Monitoring financial performance against key metrics and targets.
Cost Management:
Identifying opportunities to optimize costs and improve operational efficiency.
Specific to IGI (Hypothetical):
Valuation of Diamonds and Jewelry:
The FP&A team might be involved in developing models to value diamonds and jewelry for various purposes, including insurance, lending, and resale.
Market Analysis:
Analyzing market trends in the diamond and jewelry industry to support strategic decisions.
Investment Analysis:
Evaluating potential investments in new technologies, equipment, or business ventures related to the gemological industry.
Working Capital Management:
Managing the company's working capital, including inventory levels and accounts receivable, to ensure smooth operations.
Cost Accounting:
Analyzing the cost of various services offered by IGI, such as gemological testing, grading, and certification.
Pricing Strategy:
Supporting the development of pricing strategies for IGI's services.