FP&A Analysis Analyst

This Position reports to: FP&A CoE Hub Business Area Lead.

Responsibilities

• Performing analysis of business performance versus budget and forecast. Performing bench-marking of key performance indicators with external and internal peers.
• Performing closing activities and MIS reports for the respective business / functions. Working with the other financial professionals in Divisions / Hubs / Countries / Functions to understand and analyze the drivers of financial performance and identify trends.
• Preparing and analyzing Product / Customer profitability. Financial analysis for various what if scenarios and sensitivity analysis and the overall impact to the Divisions.
• Perform Capital investment evaluation using NPV / IRR techniques. Preparing allocation cycles and calculation of Labour hour rates and overhead absorption rate for different business scenarios. Performing cost / benefit analysis and analysis of inventories, NWC. Preparing and analyzing ad-hoc reports as per divisions / functions request.
• Analysis of overhead under / over absorption indicating root cause. Supporting preparation of relevant organization financial reporting, business planning & forecasting. Supporting forex valuations, hedging, audits & Group on special projects.
• Validating accuracy of financial data and business information and reports by performing reconciliation and review of exception. Active participation in business process / project reviews / functions review, assisting in target setting, & strategic planning & analyzing performance of portfolio for various segments and presenting financial dashboards for business review.
• Ensuring processes and controls within own area of responsibility are designed and implemented in line with Group and unit requirements.
• Providing training to FP&A Analysts and onboarding of new employees. Optimize own performance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements. Recommend changes of process standards and procedures to improve the timely performance of process activities
• Identify areas for process / report standardization across different countries, divisions and business units.
• Ensure processes and controls within own area of responsibility are designed and implemented in line with Group and unit requirements. Maintain proper audit trail and documentation for future tax / internal /external audits and reviews.

Qualifications

• Total 3-5 Year of experience in financial planning and analysis in Manufacturing industry (Mandate) - Budgeting, Forecasting, P&L, Variance Analysis.
• Strong analytical and problem-solving skills. Thorough / detail-oriented approach.
• Strong communication skills. Fluent in English.
• Hands on experience in SAP FICO, S/4HANA and COPA modules
• Basic Knowledge of Sales & Distribution, Production planning, Projects, Material master modules in SAP
• Experience with MS Office
• Ability to work with diverse teams across different countries. Self-motivated with a strong commitment to quality.