Job Description
The role supports FP&A; team in managing business planning and finance budget. Working closely with Finance Director and Functional leaders in budget forecasting, utilisation and highlighting deviations from the plan.
The role also supports in cash flow forecasting and reporting.
The role will be expected to collaborate, identify, execute and leverage best in class functional insights / dashboards.
Market Research and identification of industry best practices in BFSI industry.
Key Deliverables:
Project Management
Conduct business analyses & generate insight for, a) identification of opportunities within specific markets x category cohorts to be executed; b) implementation tracking for ongoing business reviews; and c) review and understand cause of deviation from results; share learnings with broader team for course correction.
Spends optimization to improve the effectiveness of spends to drive greater returns on investments.
Budget Management
Implement zero base budgeting of expenses for the annual business plan roll up.
Work with functional heads in preparing itemized budget forecast for all major expense lines.
Drive target achievement through monthly review of actual vs plan budget utilization with budget owners and identify reasons for deviation so that corrective actions can be taken.
Free Cash Flow Forecast
Prepare the Free Cash Flow (FCF) estimate for annual business plan and quarterly forecast cycles. Work with Finance team and Treasury team on capital requirement, initiatives to optimize the same.
Review the monthly FCF utilization and key items influencing FCF and their impact on cash flow forecast.
Skills:
Ability to structure work-streams overcoming ambiguity (e.g. lack of availability of complete data sets)
Delivering the analyses & recommendations in a NBFC context through impactful partnerships & ownership from project brief to delivery
In-depth understanding of various analyses tools, techniques & terms related to BFSI.
Previous expe