Lead - Financial Analysis & MIS

Welspun World; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Welspun World is seeking a finance professional to drive strategic financial initiatives, ensure compliance, and deliver timely financial insights for decision-making. The role emphasizes analysis, cost control, process improvements, and collaboration across stakeholders.

Responsibilities include MIS preparation for senior leadership, budgeting support, project tracking, risk management, and coordination with Shared Services. Strong communication and ERP proficiency are essential for success.

Qualifications

• Strong verbal and written communication skills, with the ability to articulate complex issues clearly.
• Proficiency in MS Excel, MS Word, MS PowerPoint, and good knowledge of SAP.
• Knowledge of accounting and auditing standards.
• Ad hoc analysis and process improvement projects to drive accounting efficiency.

Responsibilities

• Prepare monthly Executive MIS for CEO, CFO and Chairman with accurate insights.
• Analyze monthly cost sheets and assist in budgeting and cost control.
• Assist in managing special projects and meet deadlines.
• Identify gaps in accounting processes and implement improvements.
• Coordinate meetings, manage calendars and travel for the VP.
• Support finance team and onboarding of new members.
• Participate in Enterprise Risk Management activities and risk committees.
• Collaborate with Shared Services for smooth transactions and controls.

Skills

Communication skills

MS Excel

MS Word

MS PowerPoint

Accounting knowledge

Tools

SAP

Job description

Role & responsibilities

Job Purpose: -

The role is integral in driving strategic financial initiatives, ensuring compliance, and supporting the leadership team with accurate and timely financial insights to aid in decision-making.

Job Description: -

To support and enhance the finance and accounts functions through effective financial analysis, cost control, process improvements, and collaboration with internal and external stakeholders.

Responsibility: -

Key Responsibilities:

• Financials Analysis & MIS: Preparation of monthly Executive MIS for review by CEO, CFO & Chairman. Analysis of financial Statement to draw actionable insights with accuracy and timeliness. Review of GLs to identify and address the long open items.
• Cost Analysis & Budgeting: Analysis of monthly cost sheets to explain the variations wrt plan, flag the red issues to senior management and implement cost control mechanisms. Assist in preparation of Monthly & Annual budget.
• Project Management: Assist in managing special projects, tracking progress, and ensuring deadlines are met.
• Financial control & Process Improvement: Identify the gaps in the current accounting system and implement process improvements to enhance efficiency and effectiveness within the finance department.
• Meeting Coordination & Administrative Support: Prepare agendas, take minutes, and distribute relevant documents for meetings. Manage the VP's calendar, schedule meetings, and coordinate travel arrangements.
• Team Collaboration: Support the finance team with administrative tasks and assist in onboarding new team members.
• Risks Coordinator: Actively participate & close the Enterprise Risk Management tasks which includes Risk register preparation, Risk Assessments, establishing control mechanisms and conducting Risk Committee Meetings.
• Shared Services: To work closely with the Shared Services team for smooth transactions support and controls.

Skill Set:

• 1. Strong verbal and written communication skills, with the ability to articulate complex issues clearly.
• 2. Proficiency in MS Excel, MS Word, MS PowerPoint, and Good knowledge of SAP
• 3. Knowledge of accounting and auditing standards;
• 4. Various ad hoc analysis and process improvement projects to drive efficiency in accounting work;

Key Interactions: -

Auditors, Banks, Cross-Functional Collaboration, Finance & Accounts, Financial Auditing, Financial institutions