Job Description

Position Description

Business Division:

Corporate

Department:

Finance & Accounts

Location:

Gurgaon

Position Title:

Head - Financial Planning & Analysis and Strategic Support

Level:

S1

Reporting to (Title):

CFO

Position Purpose

This position will lead financial planning & analysis at PI and provide a comprehensive, competitive financial analysis of various businesses, locations and strategic initiatives. The Head of Financial Planning and Analysis will act as a business partner to drive financial intelligence and business insights. This position will also support in strategy development and execution with respect to financial implications

Strategic Responsibilities

• Lead the annual budgeting, business planning and forecasting exercise for the company.
• Provide analytics on revenue, profitability and cost performance of the company on a monthly / quarterly / annual basis.
• Proactively deliver new business and financial insights that provide senior management with important, actionable new ways to understand the business.
• Analyse key business drivers, industry and competition and provide regular business risk assessment reports to Management.
• Establish business intelligence reports & dashboards to streamline the financial and operations MIS across various businesses / locations / initiatives.
• Prepare financial modelling and analysis for strategic initiatives and new business opportunities
• Partner with IT to digitize reporting and analysis formats.Suggest growth opportunities to senior management by way of downstream and upstream opportunities.
• Provide inputs and support for Board / Investor presentations.

Operational Responsibilities

• Ensure preparation of Monthly variance analysis of revenue, expenses vs. budget / prior year
• Monitor capex and cashflow
• Provide analysis of operational performance of the company including plants, distribution network, job work centres, R&D and overseas operations.
• Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses and capital expenditure. Analyse complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes.
• Develop budgeting, financial forecasting and modelling tools.
• Provide Ad hoc reports and analysis as per business requirement.
• Work closely with procurement, commercial functions for project needs

Financial Responsibilities

• Support improving performance by providing ROI analysis of marketing schemes, programs and new projects.
• Support improvement of company\'s financial performance by providing insightful financial analysis to MD and Executive Team for decision making.

People Responsibilities

• Attend trainings on training needs identified or imparted by HR
• Share learnings with members of the team for cross functional development
• Review team and individual performance and provide feedback on strengths & development areas, drive individual development plans.
• Mentor and coach team members and support enhancing performance and resolving employee concerns.

Education Qualification

CA-first attempt. MBA-Finance can be added advantage.

Work Experience

10 - 15 years of professional experience with minimum 5 to 8 years of experience in planning & analysis, variable costing and corporate reporting.

Industry to be Hired from

Experience in manufacturing sector having worked in a company with multi locational plants and large / complex distribution network.

Functional Competencies

• In depth knowledge of Financial Planning & Analysis ; Management Reporting / Dashboards ; Financial Modelling
• Excellent Data Analysis & Interpretation Skills
• Ability to generate Insights from data analysis
• Knowledge of SAP

Interaction Complexity and Team Work

Interaction

Frequency

Purpose of Interaction

Internal :

CFO,MD/CEO, Business Heads, Team, Other Finance Function Heads

As an when required

Business Planning , Data Inputs , Business Performance Reviews

External :

Consultants

As an when required

Analytical tools and reports.

PI Industries