Assistant Manager - Financial Planning and Analysis

The Assistant Manager - Financial Planning & Analysis (FP&A) is responsible for overseeing financial analysis, budgeting, forecasting, and MIS reporting to support strategic decision-making and enhance financial performance. This role involves analyzing financial data, ensuring data integrity, optimizing budgeting processes, and providing key financial insights to management. The position also plays a crucial role in cost control, risk assessment, and compliance with financial regulations to drive the organization’s profitability and long-term growth. KEY RESPONSIBILITY Financial Planning & Analysis: • Conduct financial analysis and reporting to identify trends, variances, and performance metrics, providing actionable insights for management. • Assist in the development of annual budgets, quarterly forecasts, and long-term financial projections to align with business objectives. • Perform variance analysis, comparing actual financial results against budgets and forecasts, and recommend corrective actions. • Support cost analysis and profitability assessments to drive cost-saving initiatives and process optimization. Management Reporting & Data Analysis: • Prepare and present accurate MIS reports, including store-wise Profit & Loss (P&L) statements, Balance Sheets, and other financial reports. • Ensure the timely month-end closing of financial reports and modules in accounting systems. • Evaluation of CAPEX proposals and store feasibility • Perform ledger scrutiny, trial balance reviews, and general ledger reconciliation to ensure data accuracy. • Assist in managing insurance processes for retail outlets, assets, warehouses, and offices. Budgeting & Forecasting: • Assist in preparing budgets and forecasts, ensuring alignment with strategic objectives. • Develop and maintain financial models to support business decisions, investment planning, and risk management. • Support the monthly reconciliation of intercompany transactions and accounts to ensure financial integrity. Compliance & Risk Management: • Monitor financial compliance with regulatory requirements and internal policies. • Ensure risk management processes are in place to safeguard financial health. • Assist in audit processes and internal financial assessments to maintain accuracy and transparency. DESIRED EXPERIENCE The ideal Assistant Manager – Financial Planning & Analysis should have 5-7 years of experience in Management Information Systems (MIS) or IT management, with experience in a leadership role. Proficiency in database management, data analysis, and ERP systems. Strong analytical, problem-solving, and project management skills. KEY RELATIONSHIPS Manager – Financial Planning & Analysis, Business Teams, Functional departments, Executive - MIS & Business Analyst, Manager - Accounts and Finance, Treasury Operations Team, Purchase Team, Manager - Tax, etc.

DESIRED EXPERIENCE: The ideal Assistant Manager – Financial Planning & Analysis should have 5-7 years of experience in Management Information Systems (MIS) or IT management, with experience in a leadership role. Proficiency in database management, data analysis, and ERP systems. Strong analytical, problem-solving, and project management skills.

Financial Planning & Analysis: conduct financial analysis and reporting to identify trends, variances, and performance metrics, providing actionable insights for management; assist in development of annual budgets, quarterly forecasts, and long-term financial projections; perform variance analysis and recommend corrective actions; support cost analysis and profitability assessments to drive cost-saving initiatives and process optimization. Management Reporting & Data Analysis: prepare and present MIS reports (store-wise P&L, balance sheets, and other financial reports); ensure timely month-end closing of financial reports and modules in accounting systems; evaluate CAPEX proposals and store feasibility; perform ledger scrutiny, trial balance reviews, and GL reconciliation; assist in managing insurance processes for retail outlets, assets, warehouses, and offices. Budgeting & Forecasting: assist in preparing budgets and forecasts; develop and maintain financial models to support business decisions, investment planning, and risk management; support monthly reconciliation of intercompany transactions and accounts. Compliance & Risk Management: monitor financial compliance with regulatory requirements and internal policies; ensure risk management processes are in place; assist in audit processes and internal financial assessments to maintain accuracy and transparency.