Assistant Manager FP&A

Sterlite Electric; Gurugram District; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Sterlite Electric in India seeks an Assistant Manager- FP&A to drive budgeting, forecasting, and decision-support across manufacturing, projects, and commercial operations. The role partners with BU heads and Finance to optimize profitability and working capital.

You will build financial models, automate MIS, and provide insights on pricing, margins, and cash flow. Strong modeling, ERP analytics, and experience in Power Transmission or industrial manufacturing are preferred.

Qualifications

• CA/CMA/CFA or MBA Finance
• 4-8 years in FP&A, Business Finance, or Commercial Finance
• Experience in Power Transmission & Distribution, EPC, Electrical Equipment Manufacturing, or Industrial Manufacturing

Responsibilities

• Prepare annual budgets, quarterly forecasts, and long-range financial plans (FP&A).
• Monitor performance vs budgets/forecasts; identify risks and opportunities.
• Develop financial models to support strategic initiatives and investments.
• Perform variance analyses for Revenue, Gross Margin, EBITDA, and PAT.
• Prepare Gross Margin and PAT waterfall analyses at BU level.
• Analyze project profitability, cost overruns, and execution performance.
• Develop automated MIS reports using Excel/Power BI/Tableau; present insights to senior management.
• Collaborate with Sales, Projects, Manufacturing, Procurement, Supply Chain, and Finance.
• Drive automation and process improvements using BI tools and ERP-driven analysis.

Skills

Financial modeling

Budgeting

Forecasting

MIS reporting

Business partnering

Excel

Power BI

Tableau

ERP-driven analysis

Education

CA

CMA

CFA

MBA (Finance)

Tools

Power BI

Tableau

Excel

Job description

Key Accountabilities / Responsibilities

Position Title

Assistant Manager- FP&A

Position Summary

We are looking for a highly analytical and business-oriented Financial Planning & Analysis (FP&A) professional to support strategic financial planning, business performance management, and decision support across manufacturing, project execution, and commercial operations within the Power Transmission sector. The role will partner closely with Business Unit Heads, Sales, Project Management, Procurement, Manufacturing, Supply Chain, and Corporate Finance to drive profitability, improve working capital, optimize project performance, and enhance management reporting. The ideal candidate should possess strong financial modeling capabilities, excellent analytical skills, and hands‑on experience in budgeting, forecasting, MIS reporting, business partnering, and ERP‑driven financial analysis.

Financial Planning & Forecasting

• Prepare annual budgets, quarterly forecasts, and long-range financial plans.
• Monitor business performance against budgets and forecasts, identifying key financial risks and opportunities.
• Develop financial models to support strategic initiatives, capital investments, and business growth.

Financial & Business Performance Analysis

• Perform variance analysis for Revenue, Gross Margin, EBITDA, and PAT.
• Prepare Gross Margin and PAT waterfall analyses at Business Unit level.
• Analyze project profitability, cost overruns, and execution performance for transmission and distribution projects.
• Conduct order book analysis, revenue visibility, and backlog movement to support business planning.
• Monitor cash flow, working capital, receivables, inventory, and payable trends to improve cash conversion.

Reporting & MIS

• Prepare monthly, quarterly, and annual management reports and business dashboards.
• Develop automated MIS reports using Excel, Power BI, or Tableau.
• Present key financial and operational insights to senior management.

Business Partnering

• Collaborate with Sales, Projects, Manufacturing, Procurement, Supply Chain, and Finance teams to support financial planning and decision-making.
• Provide data-driven recommendations on pricing, project margins, cost optimization, and profitability improvement.

Financial Modeling & Process Improvement

• Build financial models for scenario planning, investment evaluation, pricing, and business expansion.
• Drive automation and process improvements using BI tools, Power Query, and advanced Excel.
• Ensure compliance with financial policies, internal controls, and reporting standards.

Critical Success Factors - Essential

• CA, CMA, CFA, MBA (Finance), or equivalent professional qualification.
• 4-8 years of experience in FP&A, Business Finance, or Commercial Finance, preferably in Power Transmission & Distribution, EPC, Electrical Equipment Manufacturing, or Industrial Manufacturing.
• Strong understanding of P&L, Balance Sheet, Cash Flow, and Working Capital management.

Competencies

Behavioural - Impact and Influence

Behavioural - Information Seeking

Behavioural - Initiative

Behavioural - Innovative Thinking

Functional - Financial

Functional - Operational

Functional - People

Functional - Strategic

About Us

Sterlite is engaged in the business of manufacturing and supplying high-performance power conductors, extra-high voltage (EHV), high voltage (HV) and medium voltage (MV) cables and optical ground wires (OPGW), to over seventy countries. Formerly part of Sterlite Power Transmission Ltd Global Products and Services Business, the company has proven track record of being a leading cable solution provider with four state-of-the-art manufacturing facilities. With a strong focus on innovation and sustainability, Sterlite also possesses EPC turnkey capabilities to provide end-to-end integrated cables solutions to its customers. Its specialized EPC vertical provides solutions for the upgrade, uprate, and fiberization of existing transmission infrastructure projects advancing the carriage towards a green energy-efficient future.