FP&A Manager

1 month ago


india Tecumseh Products Company Full time
  • Working closely with the leadership team to formulate the business's medium to long term financial and strategic plan.
  • Work with Business Unit heads to build their annual budgets and forecasts.
  • Producing models to project long term growth and determine the impacting business factors.
  • Analyzing financial and operational results to better understand company performance.
  • Utilizing BI tools to delivery meaningful insights into business performance
  • Communicate to senior management the reasons behind the product/department performance and results
  • Provide detailed analysis and commentary on cost center results.
  • Reviewing operations and recommending new productivity or cost saving initiatives
  • Preparing business cases to support new investment, strategic and other business decisions.
  • Reviewing existing processes and procedures to develop recommendations for improvement efforts.
  • Evaluating previous budgets, expenditures to develop and implement future budgets.
  • Communicating results and recommendations to senior management for improvements that will lead to cost reduction, revenue generation and streamlining operations.
  • Provide insights to senior management around financial modelling, forecasts and profitability.
  • Be the compliance officer for the unit; making sure all Internal controls are in place and operating efficiently. risk management and control management over operations' effectiveness, financial reliability and compliance with all applicable directive and regulations.
  • Liaison with the Statutory & Internal Auditors, Transfer Price etc.
  • Liaise with banks and financial institutions in all matters of credit, funding, and cash investment.
  • • Provide inputs to the top management on the recommendations from the business expansion team for appraisal for proposals for mergers, acquisitions and joint ventures
    • Ensure the integrity and smooth transfer of financial data, maintenance of legal documentation and prudential controls
    • Ensure compliance with treasury controls and procedures
    • Ensure implementation and maintenance of all controls as per SOX
    • Ensure transactional compliance and liasoning with the external service providers.
  • Generate forecasts and manage the financials to ensure achievement ofkey performance metrics including review financial performance versus plan andforecast
    • Prepare analysis and reporting required by business including MFR’s,QFR’s, OBR’s, forecast bridges, cost down reporting, and various ad hoc andROIC reporting, etc.
    • Identify risks, opportunities and gaps to forecast and plan. Identifyand recommend corrective action plans to mitigate key risks.
    • Streamline the forecast and planning process thorough best practices
    • Manage relevant accounting function / responsibility to ensurecompliance with corporate policies
    • Assist and guide direct reports located in their daily work, promotingtheir professional development as a value-added partner to the business
    • Drive analytic advancements, enhanced financial visibility / insights,reporting standardization and automation across the org.
    • Responsible for financial month-end close process to ensure accuracyof financial data and reports by customer level.
    • Responsible for performing analysis of Estimate and Actual againstforecast, including sales, GM% and plant overheads which heavily uses activity-basedcosting.
    • Perform monthly site spending analysis, identify cost driver, gapanalysis, inventory and cost analysis with commentaries to drive towards profitand inventory optimization.
    • Support Head - Finance in coming out with presentations on data andbudget to stakeholders.
    • Perform E&O assessment, analyze fluctuation and drive attention forreduction.
    • Responsible for the site's annual budgeting, monthly rolling forecastand monthly financial projection exercise through reviews with businessoperation and support team on historical business trends and futurerequirements.
    • Support ad hoc request as and when required.

Educational Qualification

  • Master’s degree in Finance or a Professional Qualification (ACCA/ CPA/ ICAEW/ MICPA/ CIMA), LLB candidates are preferable

Specific Certification

  • Chartered Accountant /MBA, LLB

Technical competencies required for the Role

 
• Business Management Software
• Measurement and Analytics
• Finance Technical Knowledge
• Treasury and Cash Management
• Business Partnering
• Risk Management
• Statistical and data modelling for financial planning and forecasting
• Knowledge of economic and market conditions
• Transactional compliances
• Financial Operations background
• Inventory Management, Scrap Management
• Manufacturing Background preferred

 

 

 


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