Analyst - FP&A

Role & responsibilities

We are seeking a highly driven FP&A Analyst with expertise in Opex management, headcount planning, and cross-country collaboration to join our global Finance team. This position plays a critical role in supporting operating expenses and workforce planning, providing actionable insights, and enabling effective decision-making across regions. The analyst will be responsible for forecasting, reporting, variance analysis, and identifying opportunities to optimize costs.

What You Will Do

• Own the India headcount planning process, including hiring forecasts, attrition analysis, and workforce cost modeling.
• Partner with HR, IT, G&A, Marketing and other business leaders to ensure headcount aligns with organizational strategy.
• Lead key financial processes, including forecasting, budget planning, performance reporting and others.
• Reporting & Analysis about P&L statement analysis, variance to budget / forecast, market / industry updates, and others.
• Collaborate with global stakeholders on expense optimization.
• Work closely with US and international finance teams to ensure alignment on Opex and headcount assumptions.
• Act as a trusted advisor to global business leaders, bridging India operations with US HQ.
• Build and enhance financial models, dashboards, and reporting tools to streamline FP&A processes.
• Support and lead ad hoc projects to identify opportunities, provide recommendations, and define improvements to drive additional value for Magnit.
• Detail orientated, with ownership and accountability for integrity of reports
• Acting as a team player within Finance and across the organization is an essential trait that is necessary for success in the position

Preferred candidate profile

• Bachelors degree in accounting, Finance, Economics or other relevant field.
• 5-10 years of progressive experience in FP&A/Corporate Finance / Strategic Planning / Analytics/ Headcount planning.
• Strong understanding of OPEX, P&L management, and cost drivers.
• Quantitative aptitude and experience in building scalable solutions and processes to solve problems, strengthen internal controls, provide scalability, and increase quality.
• Advanced Excel and financial modeling skills; experience with reporting/forecasting tools (Power BI, Anaplan, or similar).
• Strong communication and collaboration skills and ability to partner with cross-functional global stakeholders.
• Non-stop drive to continuously improve.
• Flexible working in US ET Business hours.