The Financial Planning & Analysis (FP&A) role is a critical position within the finance department, responsible for providing strategic financial planning, forecasting, and analysis to support informed decision-making and drive overall business growth and profitability.
The FP&A professional will collaborate closely with cross-functional teams to gather and analyze financial data, develop budgetary plans, and provide insights to senior management.
Job Role & Key Responsibilities:
Financial Forecasting and Budgeting:
Develop and maintain accurate financial forecasts, including revenue, expenses, and cash flow projections both for Schemes and AMC.
Collaborate with department heads and business units to prepare annual operating budgets and track performance against targets.
Monitor budget variances and provide proactive analysis to identify areas of concern or improvement.
Financial Analysis:
Conduct in-depth financial analysis of key performance indicators (KPIs), trends, and business drivers within and outside of Industry to support decision-making.
Generate reports and dashboards that provide actionable insights to support strategic initiatives.
Perform scenario analysis to assess potential impacts of different business strategies.
Management Reporting:
Prepare regular and ad hoc financial reports for executive leadership, highlighting key / Business and Industry insights and recommendations.
Provide meaningful commentary on financial results, explaining key drivers and variances from budget and prior periods.
Collaborate with other departments to ensure accurate and timely reporting of financial data.
Strategic Planning:
Contribute to the development of the company's long-term strategic plans by providing financial insights and analysis.
Assist in evaluating potential business opportunities, investments, and acquisitions by conducting financial due diligence.
Financial Modeling:
Build and maintain complex financial models to support various scenarios and strategic decisions.
Analyze the financial impact of proposed initiatives and projects, including ROI analysis.
Continuous Improvement:
Identify opportunities to enhance financial processes, reporting tools, and analysis techniques.
Recommend improvements in efficiency, accuracy, and overall effectiveness of FP&A activities.
Preferred Candidate Profile:
Postgraduate, Bachelor's degree in Finance, Accounting, Economics, or related field; MBA or advanced degree
preferred. Professional certification such as CFA or CA is a plus.
Around 10+ years of experience in Ops. BFSI space with major stint (atleast 5 years) in financial planning,
analysis, or related roles.
Proficiency in financial modeling, data analysis, and advanced Microsoft Excel skills.
Strong analytical mindset with the ability to translate complex data into actionable insights.
Knowledge of financial software and ERP systems (e.g., SAP, Oracle) is advantageous.
Familiarity with industry best practices and emerging trends in FP&A.
People’s person with excellent communication skills and responsiveness