Job Title: AM - FP&AROLE;

OVERVIEW:

We are looking for an Assistant Manager FP&A; to support the financial planning, budgeting, forecasting, management reporting, cost analysis, and performance management of the manufacturing business.The role will work closely with Plant Operations, Production, Procurement, Supply Chain, and Finance teams to provide timely financial insights, identify cost drivers, monitor business performance, and support management in making informed decisions

Job location: Gurugram

KEY RESPONSIBILITIES1.

Budgeting & Forecasting

- Support preparation of annual operating budgets and CAPEX budgets for the plant.
- Prepare monthly and quarterly rolling forecasts in coordination with business and functional teams.
- Perform Budget vs. Actual analysis, identify key variances, and provide commentary on the underlying drivers.
- Track departmental expenses against approved budgets and highlight potential cost overruns.
- Support consolidation of inputs from various departments for budgeting and forecasting.

2. Management Reporting & MIS

- Prepare and circulate the monthly MIS pack within defined timelines.
- Prepare and analyse:
- Monthly P&L; and Balance Sheet
- AP and Debtors Ageing
- Prepaid Expenses
- Cost Sheets
- Department-wise expenditure
- Plant KPIs and financial dashboards
- Provide financial analysis and insights to the Financial Controller and Plant/Business Management.
- Support ad-hoc financial analysis and management reporting requirements.
- Identify trends and exceptions and provide actionable insights to stakeholders.

3. Product & Standard Costing

- Prepare and maintain standard costing for products/SKUs.
- Analyse standard vs. actual cost variances, including:
- Material price and usage




- Yield variance
- Labour cost
- Manufacturing overheads
- Production efficiency
- Prepare product/SKU-wise contribution and margin analysis.
- Support costing for recent products, pricing decisions, and make-or-buy analysis.
- Identify key cost drivers and opportunities for cost optimisation.

4. Cost Centre & Overhead Analysis

- Track and analyse cost centre-wise expenses against budget.
- Support allocation and absorption of manufacturing overheads.
- Monitor conversion cost, cost per unit/per MT, and fixed-cost absorption.
- Analyse major cost movements and work with functional teams to identify corrective actions.
- Support cost reduction and productivity improvement initiatives.

5. Inventory & Operations Finance

- Support inventory valuation, ageing, and slow-moving inventory analysis.
- Review inventory provisions and identify potential financial impact.
- Support periodic physical inventory counts and reconciliation.
- Analyse scrap, rejection, rework, and production wastage.
- Work with Operations and Supply Chain teams to identify opportunities to improve inventory efficiency and working capital.

6. CAPEX & Financial Analysis

- Support preparation and tracking of CAPEX proposals and budgets.
- Monitor CAPEX utilisation against approved budgets.
- Support ROI, payback,



and financial feasibility analysis for capital investments.
- Track post-implementation performance of major CAPEX projects.
- Highlight deviations from approved business cases and budgets.

7. Controls & Compliance

- Ensure adherence to internal financial controls, finance policies, and Delegation of Authority (DOA).
- Support PO and expenditure approval processes.
- Provide data and documentation for internal, statutory, and cost audits.
- Support compliance with applicable cost records and cost audit requirements.
- Standardise and improve reporting templates and financial data flows.
- Identify opportunities to automate recurring reports and improve reporting accuracy.

Qualifications & Experience

- Qualification: BCom/ CA Inter/ MCom / CMA / MBA Finance / M.Com / equivalent qualification.
- Experience: 6 10 years of relevant experience in FP&A;, Plant Finance, Manufacturing Finance, Costing, or Management Accounting.
- Strong understanding of budgeting, forecasting, MIS, variance analysis, and financial reporting.
- Hands-on experience in product costing, standard costing, cost centre analysis, and inventory finance.
- Good understanding of manufacturing processes and cost structures.
- Strong analytical and problem-solving skills with an ability to convert financial data into actionable insights.
- Advanced proficiency in MS Excel; experience with ERP systems (Navision)and BI/reporting tools will be an advantage.
- Ability to manage priorities effectively and deliver FP&A; deliverables within define timelines.
- Ability to work effectively with cross-functional teams, particularly Operations, Production, Procurement, and Supply Chain.

📌 Assistant Manager - FP&A (Gurugram)
🏢 Vytals Wellbeing
📍 Gurugram