Manager – Financial Planning & Analysis (FP&A)

Job Title - Manager – Financial Planning & Analysis (FP&A)

Job Purpose - The FP&A Manager will own and drive the financial  planning, budgeting, forecasting, cost control, and  business analysis functions across all units. This role  requires a deep understanding of business dynamics,  manufacturing cost structures, and financial modeling  to provide strategic insights for decision-making. The role involves collaborating with unit finance teams,  analyzing business drivers, optimizing costs, and  ensuring financial stability while supporting leadership  in strategic planning and execution.

Department - Finance & Accounts

Location - Corporate Office – MySoho Office spaces, Sector 82,  near JLPL Mohali (PB).

Reports to  - CFO

Pay Scale - 10.0 to 12.0 Lacs/Per Annum

Duties & Responsibilities: 

1. Financial Planning, Budgeting & Forecasting 

• Lead the budgeting process, ensuring alignment with business goals. 

• Develop and manage financial models for short-term and long-term forecasting.

• Track budget vs. actuals, analyze variances, and drive corrective actions. 

• Work with unit level teams to refine cost assumptions and financial plans. 

• Assess the profitability, viability, and stability of the business with data-driven insights.

• Evaluate and recommend adjustments to budgets and projections as needed. 

2. Business Analysis & Strategic Planning 

• Identify key business issues, propose data-backed solutions, and drive execution.

• Partner with the executive team to develop the company's mid-to-long-term financial strategy.

• Model long-term growth scenarios, identifying business drivers impacting performance.

• Support leadership in investment decisions, mergers, and expansion strategies.

• Perform cost center reviews, providing in-depth commentary on variances. 

3. Cost Optimization & Profitability Management 

• Oversee and manage cost analysis across raw materials, packaging, logistics, and operations.

• Conduct margin analysis (product-wise, customer-wise, segment-wise) and suggest  improvements. 

• Implement cost control measures, process efficiency tracking, and yield optimization initiatives.

• Link freight costs, production variances, and inventory impact to overall profitability.

• Provide comprehensive cost reviews to senior management, highlighting improvement areas.

4. Financial Reporting & Decision Support 

• Prepare monthly financial reports, dashboards, and KPIs for senior management.

• Deliver business intelligence insights on revenue trends, expense drivers, and cost-saving  opportunities. 

• Ensure data accuracy and consistency across reporting structures. 

• Present financial reports and strategic recommendations to leadership teams. 

5. Cash Flow & Working Capital Optimization 

• Monitor cash flow trends and working capital requirements for all units. 

• Work closely with AR & AP teams to improve collections and optimize payment cycles.

• Enhance inventory planning and procurement financing to improve liquidity.

• Forecast capital expenditures and financial requirements for expansions and new projects. 

6. Process Automation & ERP Enhancements 

• Drive automation in budgeting, forecasting, and reporting to improve accuracy and efficiency.

• Ensure seamless ERP (Tally Prime) integration for FP&A functions. 

• Implement process improvements to streamline financial planning and control mechanisms. 

Education & Experience: 

• CA/CMA/MBA (Finance) with 8–10 years of experience in FP&A, business finance, or cost analysis. • Prior experience in food manufacturing, FMCG, or process industries is preferred. 

Skills & Competencies: 

• Strategic financial planning and business analysis expertise. 

• Strong financial modeling and forecasting skills. 

• Proficiency in ERP systems (Tally Prime/SAP), Power BI, and Advanced Excel.

• Analytical mindset with cost optimization and working capital management skills.

• Cross-functional collaboration with production, procurement, and sales teams.

• Ability to present complex financial insights to senior management in a simplified manner.