Head financial Planning and Analysis Full-time Job1 year ago - NBFC - Gurgaon - 56 views
Roles and Responsibilities
Job Title Financial Planning & Analysis
Grade – B1 – A4
Designation – Assistant Vice President to Vice
Reports to – Director Finance
Span Of Control – 02 – 03 direct reportees
Job Purpose – The purpose of this role is to strategize and deliver technical analysis around business performance at company
The role incumbent is expected to support the sales channels and support function teams in their delivery of budgets, forecasts and long-range plans. The role holder is expected to drive improvement in business performance and drive cost optimization.
Key Job Responsibilities
Deliver technical analysis around business performance Lead organization wide financial planning and analysis process, including annual budget and quarterly financial forecasts Choose and implement new systems that enhance financial analysis, enable decision making and ensure data integrity Develop financial and non-financial key performance indicators. Identify opportunities to improve existing business performance and decision making Preparation of the periodic, monthly, quarterly and annual financial analysis focused around the revenues and costs that supports the decision-making process of the management Preparation & management of the financials of the organization’s Annual Business Plan, Annual Budgeting Process, and Current Year Forecasts with five-year strategic business plan including innovation around gainful cost reductions to achieve continuous and enhanced efficiency Proactively analyze (internal and external) current and past industry trends to gather insights across revenue, cost of sales, expenses Analyze plan versus actual on a monthly basis and provide analytical insights into business drivers, channel performance, product mix, employee productivity and recommend strategic interventions required Analyze partner-level performance, product mix movements, market share position, competition benchmarking and other analytical reports for management decision-making Analyse product margins, partner profitability and channel profitability. Recommend corrective actions and interventions required for course correction Establish budget approval process for all major spends in opex/capex including evaluation and approval for contests/rewards/awards for employees Evaluate new business proposal and recommend go- no go to management based on financial evaluation of the projects/proposals Drive improvement in business performance Analyse business performance - monitoring and analysis of regional, branch and channel centric businesswise profitability on a monthly basis and suggest recommendations for areas of improvement across revenue and cost drivers Prepare finance reviews on business performance that highlight key risks, opportunities and proposed action steps Drive cost optimization Support revenue and profitability analysis (total business, channels, regions and branches) and give key insights to management for corrective actions Knowledge, Skills & Attributes Knowledge MS office: Strong computer skills including Microsoft excel, PowerPoint, word and accounting programs. Must be proficient in data analysis, presentations and interpretation Industry Knowledge: must have a strong hold on financial services – industry and products Skills Functional Analytical skills - Strong conceptual and numerical thinking skills are necessary traits for this role. Must have highest standards of accuracy and precision. People Management: must be a strong team player, must demonstrate ability to roll-up sleeves and work with team members in a hands-on management capacity. Must be able to communicate effectively and assertively with various stakeholders. Must be able to challenge stakeholders with strong back up. Ability to connect across levels and across functions. Technical Aptitude: ability to perform variance analysis and reporting - Ability to define, analyse and report on financial and/or non-financial key performance indicators – crisp and concise messaging. Must be able to interpret complex data and relate to organizational objectives. Professional Executing with Excellence Maintains a clear understanding of process and quality standards Ensure adherence of the process basis agreed benchmark Identify industry best practices and improve process and quality standards Leading Self Knows when to depart from traditional methods or behaviour for accomplishment of organization goals Is approachable and accessible and listen with an open mind Creates a win-win situation and demonstrates assertive behaviour Strategic ThinkingProactively analyse numbers, market trends and people metrics qualitatively and quantitatively and presents business solutions Develops understanding and cascades the bigger picture towards achieving business goals to individuals Build support and foster open dialogue of differing views within the teams Demonstrates patience and does not rush to conclusions and judgements Attributes / Core Behaviours Entrepreneurial & Ethical Clearly communicate job expectations and set measureable goals and objectives for individual team member Treats all team members with respect and fairness Improve employee retention through people management Optimizes performance through regular 1-2-1 reviews Nurturing Coach and mentor team members to achieve desired goals Congratulates and praises team members for good performance & behavior Participates, supports and guide team members through IDP and career development conversastions Promotes and drives a learning culture for individual growth and development Responsibility Always operates proactively to identify challenges within and outside team to maximize performance efficiency Takes complete accountability of team performance and people experience Take ownership and accountablity of people development and growth Innovation Shares and receives feedback from the team on ongoing key projects Constantly share best practices and articles from other industries and competitors for team personel development Collaborate Develops the team and encourage them to bring out the best in them Celebrates the success of team members Provide opportunities for cross training to develop creative approach to problem solving Happy Clients Always provide need-based solutions to clientsKeep my client in loop in small success and keep them informed in case of any foreseen or unforeseen failures Education Essential Desirable Education MBA in finance or CA NA Qualifications NA CPA or CFA Internal External Experience Atleast 8 years of experience with relevant analytical experience Above 10 years and from BFSI sectotr
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