4399790-Lead Assistant Manager

EXL; Dadri; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

EXL is seeking an experienced FP&A professional in India to lead budgeting, forecasting, and variance analysis across business units. You will work with the BU Head and stakeholders to consolidate plans, monitor performance, and provide actionable insights to improve profitability.

Responsibilities include P&L analysis, revenue recognition oversight, financial reporting, and building financial models to support strategic decisions.

Qualifications

• Strong financial modeling, budgeting, and forecasting expertise.
• Proven ability to perform P&L analysis and variance reporting.
• Experience with ERP systems, Excel, and BI tools to drive insights.

Responsibilities

• Develop and manage annual budgets and quarterly forecasts with BU Head and stakeholders.
• Conduct monthly P&L analysis, identify trends, risks and recommended actions.
• Oversee invoicing and revenue recognition processes to ensure compliance and timely billing.

Skills

Financial Modeling

Budgeting

Forecasting

P&L Analysis

ERP/BI Tools

Data Analysis

Tools

Excel

ERP Systems

BI Tools

Job description

Primary Responsibilities:

• Budgeting & Forecasting: Develop and manage annual budgets and quarterly forecasts in collaboration with the BU Head and relevant stakeholders. Monitor and track performance against budgets, identifying any variances and providing explanations. Prepare monthly, quarterly, and annual forecasts, adjusting for any operational or financial changes. Assist in the consolidation of BU-specific budgets and forecasts with corporate financial targets.
• P&L Analysis: Conduct monthly P&L analysis to evaluate business performance, identifying key trends, variances, and risks. Provide detailed analysis of revenue, expenses, gross margins, and operating income. Work closely with the BU Head to provide insights on profitability and cost efficiency, and recommend corrective actions where necessary. Provide in-depth analysis and commentary on P&L statements for senior management and stakeholders.
• Invoicing & Revenue Recognition: Oversee the invoicing process, ensuring accurate and timely invoicing for all business transactions. Work with sales, legal, and accounting teams to ensure accurate revenue recognition in compliance with applicable standards. Coordinate with the finance team to ensure proper tracking of billing cycles, payment receipts, and aged receivables.
• Financial Reporting: Prepare monthly, quarterly, and annual financial reports for the BU Head, senior management, and stakeholders. Provide key financial metrics and performance dashboards to help track business performance and operational efficiency. Develop ad-hoc financial reports and analysis based on the business's needs, including scenario analysis and what-if modeling.
• Variance Analysis & Financial Modeling: Analyze budget-to-actual variances and prepare detailed variance reports, identifying underlying drivers and trends. Create and maintain financial models to forecast future performance, assess new initiatives, and support business decisions. Provide data-driven insights to the BU Head, helping to guide business strategy and operational adjustments.
• Collaboration with Cross-functional Teams: Work closely with various departments such as Front end, Operations, Recruitment, and HR to gather data and ensure accurate financial reporting. Act as a liaison between the Finance team and BU Head to communicate financial insights, concerns, and opportunities. Assist in identifying cost-saving opportunities and business growth initiatives through financial analysis.
• Process Improvement & Automation: Identify opportunities to streamline FP&A processes, including budgeting, forecasting, and reporting. Recommend and assist in the implementation of tools, systems, or automation to improve the efficiency and accuracy of financial operations.
• Ad-hoc Analysis & Decision Support: Provide financial analysis and decision support for strategic business initiatives, product launches, or market expansions. Assist the BU Head with key business decisions by evaluating financial risks and returns.
• Compliance and Risk Management: Ensure adherence to financial policies, regulatory requirements, and internal controls during budgeting and financial reporting processes. Identify and highlight financial risks within the business and work with management to develop mitigation strategies.

Key Skills and Competencies:

• Strong knowledge of financial modeling, forecasting, and budgeting techniques.
• Expertise in P&L analysis and variance analysis.
• Proficient in financial software/tools such as Excel, ERP systems, and business intelligence tools.
• Ability to analyze complex financial data and present insights clearly to non-financial stakeholders.
• Strong attention to detail, accuracy, and organizational skills.
• Excellent communication skills to work cross-functionally and support business decision-making.