Financial Planning And Analysis Specialist

Escorts; Faridabad District; On-site; INR 1,800,000 - 2,600,000; Full time

Job summary

Escorts is seeking a senior FP&A leader to drive budgeting, forecasting, and financial planning activities across the division. You will lead the annual budget, MTBP, and rolling forecasts, while partnering with leaders to drive strategic initiatives and ensure robust governance and reporting.

The role emphasizes building financial models, scenarios, and actionable insights to influence decisions and improve profitability, cash flow, and working capital.

Qualifications

Responsibilities

• Lead annual divisional budgeting, operating plans, and MTBP.
• Challenge assumptions and ensure budgets align with strategic priorities.
• Establish budgetary controls and monitor adherence.
• Prepare monthly, quarterly, and rolling forecasts.
• Conduct scenario analysis and identify risks and opportunities.
• Deliver timely MIS, dashboards, and management reports.
• Provide actionable insights to support leadership decision-making.
• Analyse actual performance against budget and forecast.
• Identify key variances, business drivers, and corrective actions.
• Partner with business leaders on strategic and operational initiatives.
• Support decision-making through financial and commercial insights.
• Monitor revenue, margins, product profitability, and cost structures.
• Drive cost optimization and productivity improvement initiatives.
• Develop business cases and financial models for key projects.
• Evaluate investments using ROI, ROIC, NPV, IRR, and sensitivity analysis.
• Monitor cash flow, inventory, receivables, and payables.
• Drive working capital optimization and liquidity improvement.
• Establish and track financial and operational KPIs.
• Support performance reviews and ensure accountability against targets.
• Improve planning, reporting, and analytics processes.
• Leverage ERP and BI tools to enhance efficiency and accuracy.
• Lead, mentor, and develop the FP&A team.
• Collaborate with cross-functional stakeholders to achieve business objectives.
• Ensure compliance with financial policies and internal controls.
• Support audits and maintain integrity of financial information.

Job description

Role & responsibilities

Financial Planning & Budgeting

• Lead annual divisional budgeting, operating plans, and Mid Term Business plan (MTBP).
• Challenge assumptions and ensure budgets align with strategic priorities.
• Establish budgetary controls and monitor adherence.

Forecasting & Financial Projections

• Prepare monthly, quarterly, and rolling forecasts.
• Conduct scenario analysis, simulations as per latest estimates
• Identify risks and opportunities against forecast assumptions.

Management Reporting & MIS

• Deliver timely MIS, dashboards, and management reports.
• Provide actionable insights to support leadership decision-making.

Performance & Variance Analysis

• Analyse actual performance against budget and forecast.
• Identify key variances, business drivers, and corrective actions.

Business Partnering

• Partner with business leaders on strategic and operational initiatives.
• Support decision-making through financial and commercial insights.

Profitability & Cost Management

• Monitor revenue, margins, product profitability, and cost structures.
• Drive cost optimization and productivity improvement initiatives.

Financial Modelling

• Develop business cases and financial models for key projects.
• Evaluate investments using ROI, ROIC, NPV, IRR, and sensitivity analysis.

Working Capital & Cash Flow Management

• Monitor cash flow, inventory, receivables, and payables.
• Drive working capital optimization and liquidity improvement.

KPI Monitoring & Governance

• Establish and track financial and operational KPIs.
• Support performance reviews and ensure accountability against targets.

Process Improvement & Automation

• Improve planning, reporting, and analytics processes.
• Leverage ERP and BI tools to enhance efficiency and accuracy.

Team Leadership & Stakeholder Management

• Lead, mentor, and develop the FP&A team.
• Collaborate with cross-functional stakeholders to achieve business objectives.

Governance & Compliance

• Ensure compliance with financial policies and internal controls.
• Support audits and maintain integrity of financial information.