AVP - Financial Planning

SMBC Group; Maharashtra; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

SMBC Group in Maharashtra, India seeks a seasoned Financial Manager to own end-to-end monthly management accounting, oversee P&L accounting, and perform variance analysis against the budget.

The role includes automating manual reporting, preparing P&L forecasts with commentary, and coordinating with business teams to create MIS reports for senior management. 7–10 years in banking/NBFC and CA/ICWA or MBA in Finance preferred.

Qualifications

• End-to-end monthly management accounting and P&L analysis.
• Variance analysis against budget.
• Automation of manual reporting processes.
• Forecasting: P&L with commentary.
• Creation of MIS reports in collaboration with business teams.
• Presentation of reports to senior management.

Responsibilities

• Own monthly management accounting for the branch.
• Analyze monthly performance and variance against budget.
• Automate reporting processes and improve efficiency.
• Prepare P&L forecasts and commentary.
• Develop MIS dashboards for decision making.
• Present insights to senior stakeholders.

Skills

Communication skills

Excel skills

Team management

Analytical thinking

Presentation skills

Out-of-the-box thinking

Collaboration

Education

Chartered Accountant

ICWA

MBA in Finance

Master’s in Business Finance

Tools

Power BI

Job description

Job description:

• Work on Profit & Loss account and responsible for end-to-end monthly management accounting
• Analysis of monthly performance of profit parameters and conducting variance analysis against budget
• Proactively work on automating manual process for reporting
• Preparation of Profit and Loss forecast for the branch, variance analysis of forecast figure & preparation of commentary report.
• Co-work with business teams to create various MIS reports
• Preparation of various head office and management reports for onward submission and explanation/presentation to senior management in the bank
• Preparation of planned / ad-hoc reports as required by the business teams
• Presentation to senior stakeholders and manage budget/profit/balance sheet discussions with internal stakeholders
• Coordination and Co-work with various departments/department heads and manage/arrange for meetings as and when required to ensure smooth operations

Working Experience – 7-10 years of experiences p preferably in a bank/NBFC/other small financial organizations as Financial Managers and following qualification Chartered Accountant / ICWA/ Master’s in Business Finance including dashboard creating and management in Power BI.

Special Skills Required – Good Communication skills, excellent excel skills, presort skills for team management, analytical and inferencing ability, good presentation skills, ability to think out of the box, collaborative and coordinated approach

Profile description:

• Work on Profit & Loss account and responsible for end-to-end monthly management accounting
• Analysis of monthly performance of profit parameters and conducting variance analysis against budget
• Proactively work on automating manual process for reporting
• Preparation of Profit and Loss forecast for the branch, variance analysis of forecast figure & preparation of commentary report.
• Co-work with business teams to create various MIS reports
• Preparation of various head office and management reports for onward submission and explanation/presentation to senior management in the bank
• Preparation of planned / ad-hoc reports as required by the business teams
• Presentation to senior stakeholders and manage budget/profit/balance sheet discussions with internal stakeholders
• Coordination and Co-work with various departments/department heads and manage/arrange for meetings as and when required to ensure smooth operations

Working Experience – 7-10 years of experiences p preferably in a bank/NBFC/other small financial organizations as Financial Managers and following qualification Chartered Accountant / ICWA/ Master’s in Business Finance including dashboard creating and management in Power BI.

Special Skills Required – Good Communication skills, excellent excel skills, presort skills for team management, analytical and inferencing ability, good presentation skills, ability to think out of the box, collaborative and coordinated approach