Manager Fp&A

Position: Deputy Mananegr/Manager PF&A (Planning, Forecasting & Analysis)
Function: Finance
Location: Narayana Health Corporate Office, Electronic City, Bengaluru
Experience: 5–10 Years
Reporting To: Head – Finance / Senior Finance Leadership

1. About the Role

Narayana Health is looking for a dynamic and analytical finance professional to join its Finance team as Manager – PF&A. The role will be responsible for driving financial planning, budgeting, forecasting, performance analysis, and management reporting across the organization.

The incumbent will work closely with business leaders, functional heads, and unit finance teams to provide actionable financial insights, monitor business performance, identify financial risks and opportunities, and support strategic decision-making through robust financial analysis.

2. Key Responsibilities

A. Financial Planning & Budgeting

• Lead the annual budgeting and financial planning process in coordination with business functions and hospital units.
• Consolidate budgets, operating plans, and financial projections across various business units.
• Develop financial models to support business planning, strategic initiatives, and growth projects.
• Monitor budget utilization and highlight deviations against approved financial plans.
• Coordinate with stakeholders to ensure timely submission and validation of budget assumptions.

B. Forecasting & Variance Analysis

• Prepare periodic financial forecasts, including monthly, quarterly, and annual projections.
• Analyse actual financial performance against budgets, forecasts, and previous periods.
• Identify key revenue and cost drivers and provide insights on financial performance.
• Perform variance analysis and recommend corrective actions to improve financial outcomes.
• Track key financial indicators and proactively highlight potential risks and opportunities.

C. Management Reporting & MIS

• Prepare and present periodic financial dashboards, MIS reports, and management presentations.
• Develop comprehensive reports covering revenue, EBITDA, operating expenses, profitability, and other key financial metrics.
• Ensure accuracy, consistency, and timely delivery of financial reports to senior management.
• Simplify complex financial data into meaningful insights to support leadership decisions.
• Continuously improve financial reporting processes through automation and standardization.

D. Business & Financial Performance Analysis

• Evaluate business performance across hospitals, corporate functions, and other business segments.
• Analyse revenue trends, operating costs, margins, and profitability.
• Conduct financial feasibility assessments for new initiatives, projects, and business expansion plans.
• Support business leaders with financial insights to improve operational efficiency and financial performance.
• Identify cost optimization opportunities and monitor their financial impact.

E. Stakeholder Management & Business Partnering

• Work closely with unit finance teams, business heads, and functional leaders to understand business requirements.
• Coordinate with cross-functional teams to collect, validate, and consolidate financial information.
• Present financial performance insights and recommendations to senior management.
• Drive accountability among stakeholders for budget adherence and financial targets.

F. Process Improvement & Financial Controls

• Establish and strengthen standard processes for budgeting, forecasting, and financial reporting.
• Identify opportunities to automate financial reports and improve data accuracy.
• Ensure adherence to financial policies, internal controls, and reporting timelines.
• Support the finance leadership team in strategic projects and ad-hoc financial analysis.

3. Educational Qualifications

• CA / CMA / MBA (Finance) / Postgraduate qualification in Finance.
• CA Inter candidates with relevant FP&A experience may also be considered.
• Strong understanding of financial statements, accounting principles, budgeting, and financial analysis.

4. Experience & Skills Required

• 5–10 years of relevant experience in Financial Planning & Analysis (FP&A), budgeting, forecasting, and management reporting.
• Experience in managing financial planning and performance reporting in a large organization or multi-business environment.
• Strong expertise in financial modelling, variance analysis, and business performance analysis.
• Advanced proficiency in MS Excel, including financial modelling, pivot tables, and complex formulas.
• Working knowledge of Power BI or other business intelligence tools.
• Experience with ERP systems such as SAP, Oracle, or similar platforms.
• Strong analytical, problem-solving, and presentation skills.
• Excellent communication and stakeholder management capabilities.
• Ability to work independently and manage multiple priorities within tight deadlines.

5. Key Competencies

• Financial Acumen & Business Understanding
• Strategic Thinking & Analytical Skills
• Budgeting and Forecasting
• Financial Modelling & Data Interpretation
• Stakeholder Management
• Attention to Detail and Accuracy
• Ownership and Accountability
• Process Improvement and Automation

6. Key Performance Indicators (KPIs)

• Timely completion of annual budgets and periodic forecasts.
• Accuracy of financial forecasts and projections.
• Timeliness and accuracy of monthly MIS and management reports.
• Effectiveness of budget versus actual variance analysis.
• Identification and realization of cost optimization opportunities.
• Quality of financial insights and recommendations to management.
• Improvement in reporting automation and process efficiency.

Work Location: Narayana Health Corporate Office, Electronic City, Bengaluru.