Senior Executive - Financial Planning and Analysis

Job Description

The Senior Executive - Financial Planning & Analysis (FP&A) is responsible for overseeing financial analysis, budgeting, forecasting, and MIS reporting to support strategic decision-making and enhance financial performance. This role involves analyzing financial data, ensuring data integrity, optimizing budgeting processes, and providing key financial insights to management. The position also plays a crucial role in cost control, risk assessment, and compliance with financial regulations to drive the organization’s profitability and long-term growth.

KEY RESPONSIBILITY

Financial Planning & Analysis:

• Conduct financial analysis and reporting to identify trends, variances, and performance metrics, providing actionable insights for management.
• Assist in the development of annual budgets, quarterly forecasts, and long-term financial projections to align with business objectives.
• Perform variance analysis, comparing actual financial results against budgets and forecasts, and recommend corrective actions.
• Support cost analysis and profitability assessments to drive cost-saving initiatives and process optimization.
  
  

Management Reporting & Data Analysis:

• Prepare and present accurate MIS reports, including store-wise Profit & Loss (P&L) statements, Balance Sheets, and other financial reports.
• Ensure the timely month-end closing of financial reports and modules in accounting systems.
• Evaluation of CAPEX proposals and store feasibility
• Perform ledger scrutiny, trial balance reviews, and general ledger reconciliation to ensure data accuracy.
• Assist in managing insurance processes for retail outlets, assets, warehouses, and offices.
  
  

Budgeting & Forecasting:

• Assist in preparing budgets and forecasts, ensuring alignment with strategic objectives.
• Develop and maintain financial models to support business decisions, investment planning, and risk management.
• Support the monthly reconciliation of intercompany transactions and accounts to ensure financial integrity.
  
  

Compliance & Risk Management:

• Monitor financial compliance with regulatory requirements and internal policies.
• Ensure risk management processes are in place to safeguard financial health.
• Assist in audit processes and internal financial assessments to maintain accuracy and transparency.
  
  

Desired Experience

The ideal senior executive – Financial Planning & Analysis should have 2-4 years of experience in Management Information Systems (MIS) or IT management, with experience in a leadership role.

Proficiency in database management, data analysis, and ERP systems.

Strong analytical, problem-solving, and project management skills.

KEY RELATIONSHIPS

Manager – Financial Planning & Analysis, Business Teams, Functional departments, Executive - MIS & Business Analyst, Manager - Accounts and Finance, Treasury Operations Team, Purchase Team, Manager - Tax, etc.