Financial Analyst

Title of the position: Financial Analyst

Location: Jagiroad, Assam

About The Business

Tata Electronics Private Limited (TEPL) is a greenfield venture of the Tata Group with expertise in manufacturing precision components.

Tata Electronics (a wholly owned subsidiary of Tata Sons Pvt. Ltd.) is building India’s first AI-enabled state-of-the-art Semiconductor Foundry. This facility will produce chips for applications such as power management IC, display drivers, microcontrollers (MCU) and high-performance computing logic, addressing the growing demand in markets such as automotive, computing and data storage, wireless communications and artificial intelligence.

Tata Electronics is a subsidiary of the Tata group. The Tata Group operates in more than 100 countries across six continents, with the mission 'To improve the quality of life of the communities we serve globally, through long term stakeholder value creation based on leadership with Trust.’

Responsibilities

Financial Planning & Analysis (FP&A):

• Prepare and analyze monthly, quarterly, and annual financial reports including P&L, balance sheets, and cash flow statements.
• Monitor product-wise/ customer-wise performance and provide periodic reports on analysis of revenue/ costs allocations for the period compared to plan/ forecast.
• Analyze cost drivers, including materials, labor, and overheads associated with semiconductor packaging and test operations to identify opportunities for cost optimization.
• Develop and maintain KPIs and financial dashboards tailored to OSAT operational efficiency and profitability

Budgeting & Forecasting:

• Assist in preparation of budgets and financial forecasts, monitoring variances and identifying trends in costs related to semiconductor assembly and testing processes.
• Build financial models to evaluate new business opportunities, capital expenditures, and product costing specific to OSAT technologies.
• Analyse and review Capex spending & utilisation.
• Support internal audits and external financial audits as per requirements

Cost Control and Improvement:

• Identify and recommend cost-saving initiatives, process improvements, and efficiencies within the production process
• Ensure compliance with cost control policies and procedures
• Analyse cost trends and suggest improvements to optimize cost structures

Essential Attributes

• Should be good in excel, working knowledge of SAP & Power BI

Qualifications

• MBA Finance / CA Inter

Desired Experience Level

3-5 year of experience