Senior Financial Planning and Analysis Analyst - Zero-Based Budgeting

Kraft Heinz India Pvt Ltd; Karnataka; Hybrid; INR 1,200,000 - 1,800,000; Full time

Job summary

Kraft Heinz India Pvt Ltd in Bengaluru seeks an Analyst-II, ZBB FP&A to drive zero-based budgeting and cost management. The role emphasizes analytical rigor, cross-functional collaboration, and delivering actionable insights to senior management.

You will develop, maintain ZBB budgets, create dashboards, and streamline reporting while communicating complex financial information clearly.

Qualifications

• Bachelor's degree in finance, economics, or data engineering.
• 6+ years of FP&A, cost management, or related experience.
• Strong Excel, Power BI, and BI tool proficiency.
• Experience with Zero-Based Budgeting is highly desirable.

Responsibilities

• Budget Development: Collaborate with department heads to develop and maintain ZBB budgets. Ensure that all budget submissions are supported by detailed justifications and align with organizational goals.
• Stakeholder presentation: Able to drive Monthly business review calls. Can work on multiple requests and bring them with business visuals.
• Cost Analysis /Insights: Perform detailed cost analysis to identify cost-saving opportunities and potential areas of improvement. Develop advanced analytics tools for performance analysis to support business initiatives and identify potential risks and opportunities.
• Financial Reporting: Partner with finance and accounting teams to ensure accurate financial reporting and variance analysis. Analyse and interpret financial and operational data, providing insights and recommendations to senior management to support decision-making.
• Process Improvement: Continuously improve and streamline ZBB processes and tools by automating data consolidation and reporting. Aim to increase efficiency and accuracy in budgeting processes.

Skills

Excel advanced

Power BI

Financial modelling

Data analysis

Budgeting

Communication

Education

Bachelor's degree in finance or related

Master's degree (preferred)

Tools

SAP

HFM

PBCS

Oracle

Job description

Analyst-II, ZBB FP&A Job Description

Job Summary:

Job Description Location: Bangalore, India
Department: Global ZBB / FP&A
Reports To: Global ZBB Manager

We are seeking a highly analytical and detail-oriented Senior Analyst to join our finance team. This role is pivotal in driving financial efficiency and cost management within the organization. The Senior Analyst will be responsible for developing and maintaining Zero-Based Budgeting (ZBB) processes, ensuring that all financial resources are allocated effectively and efficiently from the ground up.

This role involves detailed cost analysis, collaborating with various departments to gather budgetary requirements, and providing insightful financial reports to senior management. The ideal candidate will have a strong understanding of financial planning, cost management, and budgeting processes, combined with the ability to communicate complex financial information to non-financial stakeholders.

Key Responsibilities:

• Budget Development: Collaborate with department heads to develop and maintain ZBB budgets. Ensure that all budget submissions are supported by detailed justifications and align with organizational goals.
• Stakeholder presentation: Able to drive Monthly business review calls. Can work on multiple requests and bring them with business visuals.
• Cost Analysis /Insights: Perform detailed cost analysis to identify cost-saving opportunities and potential areas of improvement. Develop advanced analytics tools for performance analysis to support business initiatives and identify potential risks and opportunities.
• Financial Reporting: Partner with finance and accounting teams to ensure accurate financial reporting and variance analysis. Analyse and interpret financial and operational data, providing insights and recommendations to senior management to support decision-making.
• Process Improvement: Continuously improve and streamline ZBB processes and tools by automating data consolidation and reporting. Aim to increase efficiency and accuracy in budgeting processes.

Qualifications:

• Education: Bachelor's degree in finance, economics, or data engineering. A Master's degree is a plus.
• Experience: 6+ years of experience in financial planning and analysis, cost management, or a related field. Experience with Zero-Based Budgeting is highly desirable.
• Skills: Proficiency in using Microsoft Excel for financial modelling, data analysis, and budget management. Ability to create complex formulas, pivot tables, and macros to streamline processes and enhance data accuracy. Good knowledge of Power BI for creating interactive dashboards and visualizations to support data analysis and reporting. Ability to design and maintain dashboards that provide clear and actionable insights for various stakeholders. Experience with BI tools and programming skills, including financial modelling and data analysis. Experience with financial planning and analysis software and ERPs (e.g., SAP, , HFM, PBCS, Oracle etc.). Knowledge of cost accounting and budget management principles. Strong analytical, problem-solving, and critical-thinking skills. Excellent communication and interpersonal skills, with the ability to communicate complex financial information to non-financial stakeholders. Ability to work independently and manage multiple projects simultaneously. Ability to work under pressure and deliver against tight deadlines, with a positive, can-do attitude. Fluent in English, with the ability to understand and communicate clearly and effectively.

Location(s) Bengaluru - Brookfield GCC

Kraft Heinz is an Equal Opportunity Employer – Underrepresented Ethnic Minority Groups/Women/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity and other protected classes.

Experience Level Senior Level