Executive- Financial planning and Analysis

Key Results (What will I be accountable for)

Activities (What will I do)

Drive strategic Business Planning, Annual Operating Plans

• Drive strategic business planning and annual operating plans through assisting with budget preparation and sign-off; rolling forecast preparation for driving implementation through the organization- Custodian of the Business Planning process.
• Lead the financial aspects of cost control for respective functions/business units, including supporting the development of departmental annual operational and capital expenditure budgets, monitoring income and expenditure and taking appropriate and timely measures to address any variances.

Business & Financial Reporting, Review Mechanism, Governance, MIS, Analytics,

business Dashboards, Risk Management

• Build a strong review mechanism to track, report variances(Actuals v/s Forecast, Budget), analyze the trends and forecast in business performance to enable action planning and implementation.
• Review annual, monthly and weekly financials, oversee the accuracy of the various financial reports to analyze the financial health of the organization and support the management to take the financial / commercial business decisions through financial data and analytics.
• Study and report financial, commercial & business trends (internal as well as external); its impact on business performance and financial health.
• Drive the business dashboards in correlation to the financial performance for the leadership team to enable leadership decision making
• Meaningful profitability analysis by customer, project, vessel / equipment, service line and reconciliations of schedules and balances.
• Forecast cash flow positions, any related borrowing needs, and available funds for investment in relation to the business growth and dynamics.
• Analyze and highlight corrective actions based on project profitability, top expenses, ageing collections and payables.

Assist in Business Programs and Projects towards improvisation of efficiencies, reducing costs across business

• Analyze and drive business efficiency programs/projects towards process improvements and implementation of automations to bring operational efficiency, reducing business operational leakages, reducing costs.
• Provide financial experience and expertise through analytics towards commercial dealings of the organization (dealer/distributor management, partners, customer contracts, etc.
• Provide support towards costing, pricing and analytics towards commercial viability of transactions.
• Track key cost heads and work with relevant stakeholders to identify cost overruns, leakages and savings opportunities.
• Support working capital analysis and monitoring of receivables, payables, inventory / spares and other relevant metrics.
• Actively contribute to various strategic projects driven by the head of Finance, COO or CEO (Example: Business Model, Scaling Strategy and Exit Planning for Overseas Acquisition)

Business processes and accounting policies to maintain and strengthen internal controls, Driving Technology (SAP)

• Developing and deploying strong processes, policies, controls and governance towards managing internal controls across business operations. Identifying the loop-holes for business decisions and ensuring that a cost benefit analysis is driven towards implementation of action.
• Driving the Technology back-bone to automate the various activities, processes for minimization of manual work & build the finance & accounts function efficiency.
• Support implementation and optimisation of ERP / SAP/ finance-system processes, controls and reporting structures.
• Undertake ad-hoc financial analysis and special projects assigned by the Finance Manager.

Knowledge/Skills/Behaviors the Candidate Should Possess:

Knowledge/Skills/Behaviors

Must Have (M)/ Nice to Have(N)

Knowledge (Functional and Non-Technical):

• Strong understanding and 3-5 years experience of creating and analyzing consolidated financial statements, understanding month-end closing processes, Weekly Dashboards (in an FP&A equivalent role)
• Advanced Excel: Pivot Tables, XLOOKUP / INDEX-MATCH, SUMIFS, data validation, conditional logic, charts and financial models.
• Financial modelling and analytical skills with ability to structure large datasets and derive business insights.
• Understanding of treasury operations, including cash management, banking relationships, and financial instruments

Skills (Functional and Non-Technical):

• Organized, process oriented with strong planning, project management and execution skills.
• High level of attention to detail
• Strong ownership and accountability for assigned deliverables.
• Analytical mindset with a natural curiosity to understand the why behind numbers.
• Technology Savvy:

1. Experience of working and generating reports from any ERP/BI Tool/ advance excel
2. Working with large data on spreadsheets - using formulae, analyzing and interpreting numbers to draw trends.

Behaviors (Technical and Non-Technical):

• Should be good with logical and quantitative abilities to derive information from data.
• Strong interpersonal skills to collaborate with cross-functional teams and senior management.
• Ability to work collaboratively with cross-functional teams.
• Ability to challenge existing processes constructively and suggest practical solutions.