Lead – Financial Planning & Analysis – Retail – CA R2R Consultants LLP

The Corporate Institute; Mumbai; On-site; INR 280,000 - 420,000; Full time

Job summary

The Corporate Institute in Mumbai seeks an experienced Finance & Accounting professional for a permanent role. You will lead budgeting and forecasting across BUs, generate regular financial statements, and perform variance analysis to explain deviations.

The role requires CA qualification, strong financial modeling, and proficiency with SAP FI. You will develop Power BI/Tableau dashboards to monitor performance and drive cost-saving initiatives company-wide.

Qualifications

• CA qualified with strong finance and accounting knowledge.
• Experience in budgeting, forecasting, and variance analysis.
• Proficiency in financial modeling and reporting.
• Familiarity with SAP FI and BI dashboards (Power BI/Tableau).
• Experience in retail or multi-BU environments is a plus.

Responsibilities

• Consolidate annual budgets from BUs and validate budgeting logic.
• Review monthly forecasts with departments and senior management.
• Generate P&L, balance sheet and cash flow statements.
• Perform in-depth variance analysis and identify cost optimizations.
• Create consolidated BI dashboards using Power BI or Tableau.
• Develop financial models for decisions and ROI analyses.
• Assess Capex proposals and track actual spends.
• Drive automation and cost-saving projects across the organisation.

Skills

Financial Planning & Analysis

Financial Reporting

Variance Analysis

Financial Modeling

Budgeting & Forecasting

Power BI/Tableau Dashboarding

Business Performance Analysis

Cost Management

CAPEX Analysis

SAP FI

Education

CA in Any Specialization

Tools

SAP FI

Job description

Job Description:

Role & Responsibilities:

• Budgeting and Forecasting: Consolidate annual budgets received from BUs and validate the logics / budgeting parameters considered in the Annual budgets. Review the financial forecasts received from BUs in collaboration with various departments and senior management on a monthly basis. Monitor actual performance against budgets and forecasts for each BU on a monthly basis, identify variances, and get explanations for the differences.
• Financial Reporting: Generate accurate and timely financial reports, including profit and loss (P&L) statements, balance sheets, and cash flow statements. Analyze financial data to clearly highlight the trends, reasons for abnormal variations and provide recommendations for improvements.
• Variance Analysis: Conduct in-depth variance analysis to understand the root causes of deviations from the budget or forecast or previous periods. Work closely with business units to identify opportunities for cost optimization and revenue enhancement. Work on Power BI or Tableau to create dashboards at consolidated Lifestyle levels.
• Financial Modeling: Develop and maintain financial models to support strategic decision-making and scenario analysis. These models may include sales projections, cost analysis, and profitability assessments. Must know SAP FI module functionality.
• Business Performance Analysis: Evaluate the financial performance of different product lines, business units, or retail stores. Provide insights into their profitability, efficiency, and overall contribution to the organization. Provide business insights on various business KPIs / parameters on a monthly basis.
• Capital Expenditure (Capex) Analysis: Review the financial feasibility and potential return on investment of capital projects, such as store expansions, renovations, or technology upgrades proposed by BU and validate the workings. Track the actual spends against the approved CAPEX.
• Cost Management: Work with different departments to analyze and control costs effectively. Implement cost-saving initiatives and measure their impact on the organization’s financial performance.
• Projects Management: Must be capable to drive various automation and cost saving initiatives projects accross the organisation.

Role Details:

• Role: Finance & Accounting – Other
• Industry Type: Retail
• Department: Finance & Accounting
• Employment Type: Full Time, Permanent
  
• Education:
• PG: CA in Any Specialization
• Key Skills:
• Financial Planning & Analysis
• Financial Reporting
• Variance Analysis
• Financial Modeling
• Budgeting & Forecasting
• Power BI/Tableau Dashboarding
• Business Performance Analysis
• Cost Management
• CAPEX Analysis
• SAP FI