Manager - FP & A

4 weeks ago


Mumbai, Maharashtra, India Thermo Fisher Scientific Full time

Job Description

Here's a fantastic opportunity for those looking to dive into the world of Financial Planning & Analysis within a dynamic organization based in Mumbai.

Business Partner:

Collaborate with business units to ensure sustainable and profitable growth over the long term.

  • Finalize Business AOP (Annual Operating Plan), conduct Planning and Reporting in a timely manner.
  • Lead Monthly Business Review (MBR) & Quarterly Business Review (QBR) sessions with Business leaders, APAC Division leader, and India Leadership to understand variations, drive corrective actions, identify opportunities, and prepare growth plans;
  • Share updated Rolling Forecast monthly with Leadership for discussions. Ensure prompt and accurate financial reporting.
  • Foster balanced business growth by emphasizing revenue quality and understanding growth drivers;
  • Analyze competition insights to achieve exceptional market growth
  • Optimize return on investment and enhance marketing spend efficiency.
  • Assess and execute strategic business deals
  • Undertake Market Visits to enhance business strategy with market insights
  • Collaborate with supply chain on optimizing inventory levels and managing working capital
  • Implement Annual Bonus & ensure precise Incentive calculations for Sales Organization;

Financial Performance Evaluation:

Analyze business performance in terms of key financial drivers to meet Revenue & EBITA targets as per AOP.

  • Achieve Revenue and EBITA targets through financial analytics and drive EBITA enhancement initiatives
  • Monitor critical metrics, highlight areas for action
  • Improve product mix, reduce Pricing & COGS for enhanced Gross Margin;
  • Execute cost containment plans for optimal fund utilization;
  • Review every aspect of P&L, report Variances to achieve sustainable growth
  • Provide insights, publish monthly dashboards for growth and profitability

SOP implementation & Controls:

Enhance SOPs for simplification and control implementation for streamlined business operations

  • Automate reports through IT platforms for efficiency and compliance
  • Identify areas for simplification, drive Action-oriented processes
  • Work with consultants/auditors to improve SOPs - ensure relevance and enforceability
  • Ensure adherence to SOPs and Delegation of Authority - address deviations proactively

Minimum Requirements/Qualifications:

  • Chartered Accountant or MBA with 5-7 years post-qualification experience
  • Experience with ERP systems (E1/SAP)
  • Familiarity with Hyperion planning is a plus
  • Strong Financial & Business acumen
  • Effective interpersonal and supervisory skills, customer service orientation
  • Team and People Management abilities
  • Multi-tasking, meeting deadlines in fast-paced environments
  • Prioritization skills in a Matrix Organization structure
  • Preference for candidates with exposure to multicultural environments
  • Establish credibility, maintain positive professional relationships with all levels of staff

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