FP&A Executive

Job Overview

Support financial planning and analysis for the organization, with a strong focus on manufacturing cost tracking, cost optimization and the budgeting/forecasting cycle. The role holder will work closely with the plant and corporate teams to build visibility into cost drivers, support data-led decision-making, and help management track performance against budget.

Key Responsibilities

Manufacturing Cost Tracking & Analysis

• Track and analyze manufacturing costs (material, labour, overheads and conversion costs)
• Investigate significant cost variances with Plant Finance and Production teams and report root causes to management.
• Maintain and update cost models/trackers to reflect changes in input prices, product mix and process changes.

Forecasting & Budgeting

• Support preparation of the annual operating budget, including revenue, manufacturing cost and overhead assumptions.
• Prepare periodic forecasts (monthly/quarterly) and update full-year projections based on latest business trends.
• Conduct budget vs. actual analysis and prepare variance commentary for management review.
• Support scenario planning and sensitivity analysis for key business decisions, including new product launches and capacity expansion.
• Assist in preparation of MIS reports, board decks and management review presentations related to financial performance.

Cost Saving Opportunities

• Identify cost saving and efficiency opportunities across raw materials, packing materials, conversion costs and overheads.
• Work with Procurement, Production and Engineering teams to evaluate the financial impact of proposed cost-saving initiatives.
• Track and report savings realized against identified cost reduction initiatives.
• Benchmark costs across plants/products to highlight areas of inefficiency or improvement potential.

Qualifications and Skills

Education

• CA / CMA / MBA (Finance) / M.Com or equivalent

Experience

• Minimum 3 years of experience in FP&A, cost accounting or financial analysis, preferably in a manufacturing environment.
• Experience in a pharmaceutical, nutraceutical, FMCG or CDMO/CMO setup is an advantage.

Skills & Competencies

• Strong analytical and financial modelling skills with a good understanding of manufacturing cost structures.
• Advanced proficiency in MS Excel (financial modelling, pivot tables) and PowerPoint.
• Working knowledge of ERP systems (SAP preferred) for cost and financial data extraction and analysis.
• Strong attention to detail and ability to work with large data sets accurately.
• Good communication skills to present financial analysis and recommendations to cross-functional and senior stakeholders.
• Ability to manage multiple deliverables and meet reporting timelines.
• Self-driven with a proactive approach to identifying and pursuing cost optimization opportunities.