Financial Planning Analyst

Role & responsibilities

1. Assist in Annual Budgeting and Forecasting:

• Collaborate with relevant stakeholders to assist in the development of annual budgets and forecasts.
• Conduct trend analysis and gather inputs from the support team to ensure accuracy and completeness of financial projections.

2. Financial Performance Measurement:

• Compute and analyze financial performance metrics, comparing actual results to budgeted figures.
• Conduct variance analysis to identify key cost and income metrics, providing insights into deviations and recommending corrective actions as needed.

3. Peer/Competitor Analysis and KPI Tracking:

• Conduct thorough peer and competitor analysis to benchmark performance and identify industry trends.
• Track key performance indicators (KPIs) relevant to the company's financial objectives and strategic goals.

4. Trend Analysis and Explanation:

• Analyze and investigate key movements and trends in actual financial performance.

• Provide detailed explanations for variances, identifying underlying reasons and implications for the business.

5. Preparation of Monthly Financial Metrics:

• Prepare monthly financial metrics and management dashboards, tailored to highlight key business drivers specific to different products or segments.

6. Profitability and Cost Analysis:

• Compute profitability and cost matrix at various levels, including unit, product, branch, and region.
• Analyze and interpret profitability data to support strategic decision-making and resource allocation.

Preferred candidate profile

• Educational qualifications: MBA in Finance or related field.
• Minimum 3 years of experience in a relevant role, with a focus on financial planning and analysis (FP&A) or business strategy.
• Experience in the NBFC/HFC/Banking/Mortgage industry is essential.
• Expertise in Microsoft Office suite, particularly Excel and PowerPoint.
• Strong analytical skills and experience in conceptualizing financial strategies.