▷ [Urgent Search] Financial Planning And Analysis Manager

Job description As an FP&A Manager with a Chartered Accountant (CA) qualification at Oben Electric, you will play a crucial role in providing detailed financial analysis, forecasting, budgeting, and strategic financial insights to support business decision-making. This role involves working closely with senior management to ensure financial objectives are met, operational efficiencies are improved, and performance is optimized in a highly competitive and dynamic automotive sector. Role & responsibilities 1. Financial Planning & Budgeting: - Lead the preparation and consolidation of the companys annual financial plan and quarterly forecasts. - Develop detailed financial models to support strategic initiatives, including pricing strategies, product launches, and expansion efforts. - Coordinate with various departments (sales, production, supply chain, etc.) to gather relevant inputs for budgeting and forecasting. 1. Financial Analysis & Reporting: - Conduct detailed variance analysis between actual performance vs budgeted figures, identifying key drivers of financial performance and proposing corrective actions. - Prepare monthly, quarterly, and annual financial performance reports for senior management, highlighting key insights and actionable recommendations. - Provide deep-dive analysis on sales trends, cost structures, and profitability by product line, region, and customer segment. 1. Cost Management & Efficiency: - Analyze cost structures across different functions and work with business units to identify opportunities for cost reduction or operational efficiency improvements. - Monitor inventory costs, material costs, and labor expenses to ensure margins are maintained. - Recommend cost-saving measures without compromising product quality or customer satisfaction. 1. Forecasting & Scenario Analysis: - Manage rolling forecasts, adjusting for changes in market conditions, customer demand, and raw material price fluctuations. - Develop sensitivity and scenario models to assess the financial impact of various strategic initiatives, market changes, or risks. 1. Cash Flow Management: - Monitor cash flow projections, ensuring liquidity for day-to-day operations while optimizing working capital. - Liaise with the treasury team to optimize financing and debt management strategies. 1. Strategic Support: - Provide financial insights and analysis to support management in key strategic decisions, including capital investments, mergers & acquisitions, and market expansions. - Participate in business case development and due diligence for new projects or product lines. 1. Compliance & Governance: - Ensure financial planning processes comply with corporate governance and regulatory requirements. - Collaborate with external auditors during annual audits and implement recommendations to strengthen financial controls. 1. Team Leadership & Collaboration: - Lead, mentor, and develop a team of financial analysts, providing guidance and training on financial analysis techniques and tools. - Act as a business partner to various operational departments, providing financial insights to drive profitability. Preferred candidate profile - Chartered Accountant (CA) with a strong foundation in financial management and analysis. - Experience: Minimum 5-10 years of experience in FP&A, with at least 2-3 years in a managerial role within the automobile or manufacturing industry. - Industry Knowledge: Solid understanding of the automobile industry, including cost structures, manufacturing processes, and market dynamics. - Technical Skills: - Advanced proficiency in financial modeling, budgeting, and forecasting techniques. - Proficiency in ERP systems (SAP, Oracle, etc.) and Microsoft Excel (advanced). - Knowledge of financial reporting standards (IFRS, GAAP). - Soft Skills: - Strong communication and presentation skills to effectively convey financial insights to non-financial stakeholders. - Excellent problem-solving skills and the ability to provide strategic recommendations. - Ability to work under pressure and meet tight deadlines in a fast-paced environment. Desirable Qualifications: - Masters degree in Finance, Business Administration, or related field. - Experience with data analytics and visualization tools (e.G., Power BI, Tableau). Perks and benefits - Competitive salary and performance bonuses. - Health and wellness benefits. - Career development and training programs. - Opportunities for advancement in a startup. Employment Type: Full Time, Permanent Alternatively, you can also reachout to the hiring manager @ anjali.r@obenelectric.com with Subject Line as: Financial Planning & Analysis Manager along with the details desired in job posted questionnaire