Executive Financial Planning & Analysis (FP&A)

Department: Finance & Accounts

Location: Sambalpur, Odisha

Reporting To: Section Head - Finance & Accounts

Job Purpose

To lead financial planning, budgeting, forecasting, and management reporting activities that support strategic business decision-making. The role is responsible for analyzing financial and operational performance, identifying key variances, developing financial models, and providing actionable insights to management to drive profitability, cost optimization, and business growth.

Key Responsibilities Financial Planning & Budgeting

• Lead the annual budgeting and periodic forecasting processes across business functions.
• Coordinate with department heads to develop operating and capital expenditure budgets.
• Prepare long-term financial plans aligned with organizational objectives.
• Monitor budget utilization and recommend corrective actions where required.
  
  

Forecasting & Performance Management

• Develop monthly, quarterly, and annual financial forecasts.
• Track key business drivers and assess their impact on financial performance.
• Analyze revenue, production, costs, margins, working capital, and cash flow trends.
• Support management with scenario analysis and strategic planning exercises.
  
  

Financial Analysis & Reporting

• Prepare monthly MIS reports, management dashboards, and performance scorecards.
• Conduct variance analysis between actuals, budgets, and forecasts.
• Identify financial risks, opportunities, and areas of business improvement.
• Present financial insights and recommendations to senior management.
  
  

Business Partnering

• Act as a strategic finance partner to operations, procurement, sales, and other functional teams.
• Support decision-making through financial evaluations of new projects, investments, and business initiatives.
• Provide profitability analysis by product, customer, and business segment.
• Assist stakeholders in understanding financial implications of business decisions.
  
  

Cost & Profitability Management

• Monitor manufacturing and operational costs to ensure cost efficiency.
• Analyze cost drivers and support value improvement initiatives.
• Evaluate cost-saving opportunities and track benefit realization.
• Support margin enhancement and productivity improvement programs.
  
  

Financial Modelling & Decision Support

• Develop financial models for strategic projects, capex proposals, and business cases.
• Conduct sensitivity, scenario, and investment-return analysis.
• Support mergers, expansions, funding proposals, and other strategic initiatives as required.
  
  

Governance & Compliance

• Ensure accuracy and integrity of financial data used in planning and reporting.
• Maintain compliance with internal policies, accounting standards, and reporting requirements.
• Support internal and external audits related to planning and reporting activities.
• Strengthen financial controls and reporting processes.
  
  

Process Improvement & Digitalization

• Drive automation and continuous improvement initiatives in FP&A processes.
• Enhance reporting efficiency through ERP tools, BI dashboards, and data analytics.
• Implement best practices in financial planning and business performance management.