Financial Planning & Accounting Manager

Anika Industries; Greater Noida; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Financial planning and analysis (FP&A) roles involve forecasting the company's profit and loss, operating performance, and strategic investments. The team provides insights to senior management and external stakeholders, supporting planning and execution across departments.

Responsibilities include preparing cash flow budgets, building financial models, performing variance analysis, and developing dashboards to monitor KPIs.

Qualifications

• Prepare cash flow budgets weekly/fortnightly/monthly with departments and consolidate into the corporate budget.
• Prepare analytical reports for executive leadership to support decision making.
• Create, update, and maintain financial models and detailed forecasts of the company's future operations.
• Perform variance analysis to explain differences in performance and drive improvements.
• Develop budgeting, financial projections, and operating forecasts for existing and new projects.
• Monitor KPIs related to financial metrics such as sales, expenditures and profit margin.
• Implement BI tools and dashboard reports for all business functions.
• Coordinate with departments for budgeting as per financial approval delegation.

Responsibilities

• Prepare cash flow budgets weekly/fortnightly/monthly with departments and consolidate into the corporate budget.
• Create, update, and maintain financial models and forecasts for future operations.
• Analyze variances against budgets and forecasts to explain performance differences.
• Develop and improve budgeting and forecasting processes for projects.
• Support management with data-driven analysis and KPI monitoring.
• Coordinate with departments to ensure budgets align with approvals.

Job description

Financial planning and analysis (FP&A) is a function within a companys finance organization that provides senior management with a forecast of the companys profit and loss and operating performance for the upcoming quarter and year. These forecasts inform management on the progress and effectiveness of the company's strategic plans and investments. They also enable management to communicate with external stakeholders. FP&A's role is of the "eyes and ears" of the organization makes it a central liaison between the corporate and operations teams.

• Preparing Weekly / fortnightly /Monthly cash flow budgets in coordination with individual departments and consolidate them into overall corporate budget as per defined timelines.
• Preparing analytical reports for executive leadership and supporting their decision making
• Preparing Weekly / fortnightly /Monthly cash flow budgets in coordination with individual departments and consolidate them into overall corporate budget as per defined timelines.
• Creating, updating, and maintaining financial models and detailed forecasts of the company's future operations
• Comparing historical results against budgets and forecasts, and performing variance analysis to explain differences in performance and make improvements going forward
• Considering opportunities for the company to expand or grow. Mapping outgrowth plans, including capital expenditures and investments. Generating three- to five-year financial forecasts.
• Monitor KPIs especially relating to financial metrics such as sales, expenditures, and profit margin and identify the cause of any unexpected variances.
• Develop and continually improve budgeting, financial projections, and operating forecast for existing and new projects
• Implement business intelligence tool and dashboard reports for all business functions
• Support management team and the Heads of Department with data-driven analysis
• Coordinating with departments for analysing their budgets as per financial approval delegation.