Senior Manager – Financial Planning

Reliance New Energy aims to establish itself as a global leader in New Energy and New Materials over a 15-year vision. This opportunity is with Reliance New energy's, Battery Business.

We are seeking a results-driven Senior Manager Financial Planning & Analytics (FP&A) to serve as the financial thought partner for our Stationary Battery vertical, playing a pivotal role in shaping strategy, driving performance, and enabling data-led decisions. The ideal candidate combines deep financial acumen with commercial intuition, excels in building actionable models, and partners cross-functionally to unlock long-term value.

This role encompasses ownership of budgeting, forecasting, variance analysis, cost modeling, investment evaluation, and financial performance reporting, all while maintaining a sharp eye on business KPIs and cost drivers across the battery value chain.

1. Strategic Financial Planning & Business Partnering

• Build and maintain dynamic financial models to assess business scenarios, capital allocation, and strategic decisions.
• Partner with BU leaders and plant operations to influence business outcomes through data-driven insights.
• Support long-range planning and annual operating plans aligned to manufacturing capacity expansion, cost drivers, and pricing strategy.

2. Management Reporting & Performance Analytics

• Prepare monthly, quarterly, and ad hoc management reports and dashboards highlighting key metrics, financial trends, and operational KPIs.
• Implement real-time system dashboards to support agile and informed decision-making.
• Track business drivers (e.g., throughput, OEE, BOM cost variances) and enable early-warning signals through variance and sensitivity analysis.
• Provide insights for margin management, working capital efficiency, and ROCE improvement.

3. Capex Planning & Project Costing

• Forecast, monitor, and evaluate CAPEX investments, linking spend to capacity, ROI, and execution risk.
• Collaborate with project teams on project cost tracking, including change orders and impact assessments.
• Conduct make vs. buy analysis and support strategic sourcing decisions.

4. Budgeting, Forecasting & Cost Control

• Lead the annual budgeting process, aligning functional budgets with corporate strategy.
• Deliver rolling forecasts and recommend cost optimization actions based on budget vs. actuals.
• Analyze and improve unit economics, including material consumption and BOM cost drivers, conversion cost drivers, throughput efficiency and fixed cost optimization.

5. Treasury & Taxation (Desirable)

• Support cash flow forecasting, working capital analysis, and FX exposure management.
• Collaborate with tax teams on tax planning and compliance, including GST, duties, and transfer pricing (if applicable).

1. Education: Engineer + MBA (Finance) / CFA or equivalent.

2. Experience

• 57 years of core FP&A and strategic finance experience, preferably in battery, energy storage, chemicals, or process manufacturing.
• Proven track record in project finance, investment evaluation, and operational cost modeling.

3. Core Skills

• Expertise in financial modeling, financial statement analysis, ratio and sensitivity analysis.
• Strong command of Excel, SAP (S/4HANA preferred), and business intelligence tools (e.g., Power BI, Tableau).
• Exposure to manufacturing KPIs, lean costing, and cost allocation methodologies.

4. Leadership & Soft Skills

• Strategic mindset with a strong business-first lens.
• Excellent stakeholder management with the ability to challenge, influence, and drive decisions.
• Bias for action, comfort with ambiguity, and high accountability.