Financial Analyst

Dil Foods; Bengaluru; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A leading food manufacturing company in Bengaluru is seeking a Financial Analyst to support strategic decisions through financial analysis, budgeting, and forecasting. You will focus on cost optimization and financial controls, working closely with production and procurement teams. Ideal candidates have 3–6 years of experience, preferably in food manufacturing or FMCG, and possess strong financial modeling and analytical skills. This full-time role offers significant opportunities for professional growth and contribution to business success.

Qualifications

• 3–6 years of relevant experience in food manufacturing, FMCG, or consumer goods.
• Exposure to plant finance, costing, and operations finance preferred.
• Experience in startup or high-growth manufacturing environments is an advantage.

Responsibilities

• Prepare annual budgets, rolling forecasts, and long-term financial plans.
• Conduct variance analysis between actuals, budgets, and forecasts.
• Develop financial models to support pricing decisions.
• Analyse raw material costs and production efficiencies.
• Prepare and present monthly MIS reports for management review.

Skills

Financial modeling

Budgeting

Forecasting

Analytical skills

Stakeholder management

Education

Chartered Accountant (CA) / CMA / MBA (Finance) / Master's in Finance

Tools

SAP

Oracle

Tally

Power BI

Tableau

Job description

The Financial Analyst will support strategic and operational decision‑making by providing accurate financial analysis, budgeting, forecasting, and performance insights. The role focuses on cost optimisation, margin improvement, and financial controls within a food manufacturing environment, including raw material costing, production efficiency, and supply chain analysis.

Key Responsibilities

Financial Planning & Analysis (FP&A)

• Prepare annual budgets, rolling forecasts, and long‑term financial plans.
• Conduct variance analysis between actuals, budgets, and forecasts, highlighting key drivers.
• Develop financial models to support pricing decisions, capex proposals, and new product launches.
• Monitor plant‑wise and product‑wise profitability.

Costing & Margin Analysis

• Analyse raw material costs, yield losses, wastage, and production efficiencies.
• Support standard costing, BOM analysis, and cost variance reporting.
• Work closely with production and procurement teams to improve gross margins.
• Evaluate make‑versus‑buy decisions and vendor cost structures.

MIS & Reporting

• Prepare and present monthly MIS reports for management review.
• Track key performance indicators (KPIs) such as cost per unit, contribution margins, inventory turnover, and working capital.
• Provide actionable insights to senior management for performance improvement.

Inventory & Working Capital Management

• Analyse inventory levels, ageing, slow‑moving and obsolete stock.
• Monitor working capital components including receivables, payables, and cash flow.
• Support demand planning and inventory optimisation initiatives.

Compliance & Controls

• Ensure adherence to internal financial controls and company policies.
• Support statutory audits, internal audits, and cost audits.
• Assist in compliance with GST, excise (where applicable), and other regulatory requirements relevant to food manufacturing.

Business Support & Strategy

• Partner with cross‑functional teams (Operations, Supply Chain, Sales) to support business initiatives.
• Conduct scenario analysis and sensitivity analysis for business risks and opportunities.
• Support expansion projects, capacity planning, and franchise or distribution models where applicable.

Qualifications & Experience

• Education: Chartered Accountant (CA) / CMA / MBA (Finance) / Master’s in Finance.
• Experience: 3–6 years of relevant experience in food manufacturing, FMCG, or consumer goods.
• Exposure to plant finance, costing, and operations finance preferred.
• Experience in startup or high‑growth manufacturing environments is an advantage.

Technical Skills

• Strong knowledge of financial modeling, budgeting, and forecasting.
• Hands‑on experience with ERP systems (SAP, Oracle, Tally, or similar).
• Advanced proficiency in MS Excel; working knowledge of Power BI/Tableau is a plus.
• Understanding of GST and manufacturing‑related financial compliance.
• Strong analytical and problem‑solving skills.
• Ability to work under pressure and meet tight deadlines.
• Business‑oriented mindset with attention to detail.
• Effective communication and stakeholder management skills.
• High integrity and ownership mindset.

Key Performance Indicators (KPIs)

• Accuracy and timeliness of financial reports.
• Improvement in gross margins and cost efficiencies.
• Inventory turnover and working capital optimisation.
• Quality of financial insights supporting management decisions.

Seniority Level

Mid‑Senior level

Employment Type

Full‑time

Job Function

Finance, Analyst, and General Business

Industries

Food and Beverage Services, Food and Beverage Manufacturing, and Hospitality