Assistant Manager - Financial Planning and Analysis

Overview

The Assistant Manager in Financial Planning & Analysis (FP&A) holds responsibility for managing financial analytics, budgeting, forecasting, and MIS reporting to facilitate informed decision-making and promote improved financial outcomes. This position involves detailed financial data scrutiny, ensuring data accuracy, refining budgeting workflows, and delivering critical financial insights to the management team. Additionally, the role encompasses cost control, risk evaluation, and adherence to financial regulations to boost profitability and foster sustainable organizational growth.

Key Responsibilities

• Conduct comprehensive financial analyses and compile reports highlighting trends, deviations, and performance indicators to guide management decisions.
• Participate in creating annual budgets, quarterly forecasts, and long-term financial plans in alignment with strategic targets.
• Execute variance analyses by contrasting actual financial outcomes against budgets and forecasts, proposing corrective measures as needed.
• Support cost evaluations and profitability analyses to identify cost reduction opportunities and optimize business processes.
• Prepare and deliver precise MIS reports, including store-level Profit & Loss statements, Balance Sheets, and other financial documentation.
• Ensure prompt month-end closure of financial reports and modules within accounting systems.
• Assess CAPEX proposals and evaluate store feasibility to assist investment decisions.
• Perform ledger reviews, trial balance checks, and general ledger reconciliations to confirm data accuracy.
• Assist in administering insurance protocols for retail outlets, warehouses, assets, and offices.
• Help develop budgets and forecasts while ensuring they support organizational goals.
• Build and update financial models that aid strategic decisions, investment evaluations, and risk management activities.
• Support monthly reconciliation processes of intercompany accounts to maintain financial consistency.
• Oversee compliance with financial regulations and internal policies to mitigate risks.
• Monitor and implement risk management strategies for financial security.
• Contribute to audit activities and internal financial reviews to uphold accuracy and transparency.

Requirements

• 5 to 7 years of professional experience in Management Information Systems (MIS) or IT management within a leadership capacity.
• Proficiency in database management, data analytics, and ERP system utilization.
• Exceptional analytical thinking, problem-solving capabilities, and project management proficiency.

Collaborations

This role engages with multiple stakeholders including the Financial Planning & Analysis Manager, various business units, functional departments, MIS & Business Analysts, Finance and Accounts Managers, Treasury Operations, Purchasing, and Tax Managers.