Oditify - Lead - Financial Planning & Analysis

<p><p><b>Description:</b><br/><br/>The Financial Planning Lead is responsible for driving budgeting, forecasting, cost analysis, and financial planning activities to support strategic business decisions. This role partners with cross-functional teams such as operations, supply chain, procurement, production, and sales to ensure accurate financial insights and improve overall business performance. <br/><br/></p><p>The position plays a critical role in evaluating manufacturing costs, preparing financial models, supporting capex decisions, and ensuring strong financial governance.<br/><br/><b>A. Budgeting & Forecasting:</b><br/><br/>- Lead annual operating plan (AOP), quarterly forecasts, and rolling estimates.<br/><br/>- Coordinate with plant finance teams, production heads, sales, and procurement for inputs.<br/><br/>- Build scenarios for demand variations, raw material price fluctuations, and capacity utilization.<br/><br/>- Track variances vs. budget and highlight gaps with corrective action plans.<br/><br/><b>B. Financial Analysis & MIS:</b><br/><br/>- Prepare monthly management reports including P&L, cash flow, and working capital analysis.<br/><br/>- Analyze manufacturing cost trends (RM, WIP, FG, overheads, conversion cost).<br/><br/>- Drive margin analysis at customer level, product level, and plant level.<br/><br/>- Provide insights on profitability improvement and cost-saving opportunities.<br/><br/><b>C. Costing & Operational Finance:</b><br/><br/>- Support standard costing, BOM validation, and costing audits with plant finance.<br/><br/>- Work closely with operations on productivity metrics, yield, waste, and labour efficiency.<br/><br/><b>D. Strategic & Business Planning:</b><br/><br/>- Assist CFO in long-term business planning (35 year strategic plan).<br/><br/>- Evaluate new projects, expansion plans, and cost optimisation initiatives.<br/><br/>- Conduct financial modelling for new products, plant capacity expansion, and automation initiatives.<br/><br/><b>E. Capex Planning & Governance:</b><br/><br/>- Review capex proposals with ROI, IRR, payback analysis.<br/><br/>- Track ongoing capital projects and monitor spending vs. approvals.<br/><br/>- Ensure compliance with internal controls and approval limits.<br/><br/><b>F. Working Capital & Cash Flow Management:</b><br/><br/>- Monitor inventory levels, receivables, and payables; analyse trends and risks.<br/><br/>- Develop cash flow forecasts; highlight liquidity gaps and funding needs.</p><br/></p> (ref:iimjobs.com)