Head Financial Planning and Analysis

Head FP&A

Location: Delhi

Industry: Manufacturing
Reports to: Finance Controller

Turnover: Around 100 Crs

Role Overview

We are looking for an experienced FP&A professional to lead the Financial Planning & Analysis function for a growing manufacturing company. The role will be responsible for driving budgeting, forecasting, business performance analysis, management reporting, profitability analysis and financial planning. The incumbent will work closely with the leadership team and business/operations functions to provide actionable insights and support strategic and operational decision-making.

Role & responsibilities

Financial Planning & Budgeting

• Lead the annual budgeting and financial planning process.
• Develop annual operating plans, budgets and financial projections.
• Prepare monthly/quarterly forecasts and rolling forecasts.
• Analyse key business assumptions and their impact on revenue, margins, costs and cash flows.
• Drive budget discussions with business and functional heads.

MIS & Management Reporting

• Prepare and present monthly management MIS covering revenue, gross margins, EBITDA, costs, working capital and cash flows.
• Develop dashboards and performance metrics for management review.
• Undertake detailed analysis including dynamics of profits- by Project, by Segment and by Location.
• Provide detailed variance analysis against budget, forecast and previous year.
• Identify key performance gaps and recommend corrective actions.
• Improve the quality, accuracy and timeliness of management reporting.
• Preparation of daily, weekly, and monthly reports

Business Performance & Profitability Analysis

• Track business performance across products, customers, plants and business segments.
• Analyse product/customer profitability and contribution margins.
• Identify margin leakages and areas for profitability improvement.
• Work with business teams to improve pricing, product mix and operating margins.
• Develop financial models for business scenarios and strategic decisions.

Working Capital & Cashflow

• Monitor receivables, inventory, payables and overall working capital.
• Analyse cash conversion cycle and identify opportunities for improvement.
• Prepare cash-flow forecasts and liquidity projections.
• Partner with business teams to improve collections, inventory management and cash generation.
• Banking & Negotiation for managing banking relations and negotiations with various banks and financial institutions.

Manufacturing & Cost Analytics

• Work closely with plant and operations teams to understand manufacturing costs.
• Analyse raw material consumption, production costs, labour, overheads, wastage and yield.
• Monitor standard vs. actual costs and investigate major variances.
• Support cost-reduction and productivity-improvement initiatives.
• Develop plant/product-level financial performance reports

Cost & Margin Improvement

• Identify opportunities for cost optimization across manufacturing and corporate functions.
• Track savings initiatives and quantify financial impact.
• Analyse fixed and variable cost structures.
• Support management in improving EBITDA and overall profitability.

Financial Models & Analytics

• Build and maintain financial models for budgeting, forecasting and business planning.
• Develop scenario analysis, sensitivity analysis and what-if models.
• Use data and financial analytics to identify trends and business opportunities.
• Continuously improve FP&A processes, reporting formats and analytical capabilities.

Cross Functional Collaboration

• Work closely with Manufacturing, Operations, Sales, Procurement, Supply Chain and Commercial teams.
• Translate operational metrics into financial impact.
• Drive financial discipline and accountability across functions.
• Participate in periodic business performance reviews with senior management.

Preferred candidate profile

• Around 8-12 years of relevant experience in Financial Planning & Analysis
• Strong Commercial acumen
• Strategic capability in planning and execution
• Proven track record of coaching and mentoring teams
• Strategic mindset and exposure to analytical decision-making processes.
• Cross-functional collaboration
• Ability to take responsibility and ownership

Education

MBA Finance preferred