AVP FPandA

Sterlite Electric; Gurugram District; On-site; INR 3,500,000 - 5,500,000; Full time

Job summary

Sterlite Electric is seeking an AVP FP&A to lead financial planning, forecasting, and performance management across manufacturing, projects, and commercial operations. You will partner with BU heads and cross‑functional teams to drive profitability and optimize working capital.

The role requires deep financial modeling, MIS reporting, and ERP‑driven analysis, with a focus on strategic decision support and continuous process improvement.

Qualifications

• CA, CMA, CFA, MBA (Finance), or equivalent professional qualification.
• 8–15 years of FP&A/Business Finance/Commercial Finance experience, preferably in Power Transmission/Distribution or industrial manufacturing.
• Strong understanding of P&L, Balance Sheet, Cash Flow and Working Capital management.

Responsibilities

• Prepare annual budgets, quarterly forecasts, and long‑range financial plans.
• Monitor performance against budgets; identify financial risks and opportunities.
• Develop financial models to support strategic initiatives, capital investments, and growth.
• Perform variance analysis for Revenue, Gross Margin, EBITDA, and PAT.
• Prepare Gross Margin and PAT waterfall analyses at BU level.
• Analyze project profitability and execution performance for transmission projects.
• Conduct order book analysis, revenue visibility, and backlog movements.
• Monitor cash flow, working capital, receivables, inventory and payables trends.
• Prepare monthly/quarterly/annual management reports and dashboards.
• Develop automated MIS reports using Excel, Power BI, or Tableau.
• Present insights to senior management; support business partnering and pricing decisions.
• Drive automation and process improvements using BI tools and advanced Excel.
• Ensure compliance with financial policies, internal controls and reporting standards.

Skills

Financial Planning

Budgeting

Forecasting

Variance Analysis

Financial Modeling

Project Profitability

Working Capital Analysis

Excel/Power Query

Power BI/Tableau

ERP Systems

Stakeholder Management

Education

CA/CMA/CFA/MBA (Finance)

Tools

SAP

Oracle

Microsoft Dynamics

NetSuite

Job description

Job Description:

Position Title

AVP 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.

Key Accountabilities / Responsibilities

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

Required Qualifications

• CA, CMA, CFA, MBA (Finance), or equivalent professional qualification.
• 8-15 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.

Required Skills

• Financial Planning, Budgeting & Forecasting
• Variance Analysis & Financial Modeling
• Project and Business Unit Profitability Analysis
• Order Book & Working Capital Analysis
• Advanced Microsoft Excel (Pivot Tables, Power Query, Financial Modeling)
• Power BI, Tableau, or similar BI tools
• ERP systems (SAP, Oracle, Microsoft Dynamics, NetSuite, etc.)
• Strong analytical, communication, and stakeholder management skills.

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 specialised EPC vertical provides solutions for the upgrade, uprate, and fibreisation of existing transmission infrastructure projects advancing the carriage towards a green energy‑efficient future.

Requirements: