Project Finance Analyst

1. Financial Planning and Analysis:- Develop and maintain financial models and forecasts for manufacturing projects, considering various scenarios and sensitivity analyses.- Conduct cost analysis, identify cost drivers, and provide insights into project profitability and financial performance.- Monitor project budgets, expenses, and cash flow to ensure alignment with financial objectives.- Prepare regular reports and presentations to communicate project financial status and key performance indicators to stakeholders.2. Budgeting and Forecasting:- Collaborate with project managers and operational teams to develop project budgets and financial forecasts.- Review and analyze budget vs. actual results, identify variances, and provide recommendations for cost optimization.- Support the annual budgeting process by providing financial insights and guidance related to manufacturing projects.- Opex Budget Coordination with all Plants3. Process Improvement:- Continuously evaluate and improve financial processes and systems related to manufacturing projects.- Streamline financial reporting, analysis, and data collection processes to enhance efficiency and accuracy.- Collaborate with cross-functional teams to implement best practices and standardized procedures.4. Strategic Decision Support :- Provide financial insights and recommendations to support strategic decision-making for manufacturing projects.- Conduct financial feasibility studies and business cases for potential projects, considering investment returns, payback periods, and risk assessment.- Collaborate with Projects Head to evaluate investment opportunities, assess capital allocation, and prioritize projects.5. Project Finance Review : - Review contracts, project financials and project health and interpret financial implications and Report them to the management and the Finance Lead- Reviewing Budget vs Actual performance and reporting variances to the management and the Finance Lead- Reviewing project forecasting and project maintenance- Ensuring Invoicing of project hours & expenses are done within the company TAT- Reviewing aged invoicing and reporting findings 4: Key Result Areas (List the key deliverables that quantify successful performance in the role).- Budgeting and controlling of all Projects - India and International - Ensuring compliance and statutory requirements are met - Providing information / data to YRC on need basis for all projects- Ensuring ROI of project proposals with budgeted outcomes- Lead Cost Saving Projects - Power Fuel and Others5: Decision Making Authority (For each decision type define if the action involves below mentioned categories: Schedule A : Execution Schedule B: Follow SOP/policy for decision to be made. (Moderate to Complex decision making)Schedule C: Decide within approval limits) Complex/tactical/strategic decision making impacting the outcome- Can be merged with duties & ResponsibilityEducational Qualification Skills & Knowledge Competencies - CA with 4+ Years of experience in a similar role Behavioral - Proven experience in financial planning, analysis, and reporting, preferably in a manufacturing or project-based environment.- Strong understanding of project accounting principles and cost management.- Proficient in financial modeling, budgeting, and forecasting techniques.- Excellent analytical and problem-solving skills with a keen attention to detail.- Advanced proficiency in Microsoft Excel and financial software applications.- Strong interpersonal and communication skills to collaborate effectively with cross-functional teams.- Ability to work in a fast-paced environment, manage multiple priorities, and meet deadlines.- Knowledge of manufacturing processes, supply chain management, and cost drivers is a plus.- Familiarity with ERP systems ( SAP ) and project management tools is advantageous. - Interpersonal Skills- Proactive- Result orientation- Detail orientation Work Experience Functional- 4+ years' experience in similar assignment with a Manufacturing company. - Financial Planning and Analysis- Financial Modelling- Budgeting and forecasting- Risk Management- SAP is preferred (ref:iimjobs.com)