Assistant Manager Financial Planning And Analysis

Key responsibility

Financial planning & analysis:

Conduct financial analysis and reporting to identify trends, variances, and performance metrics, providing actionable insights for management.

Assist in the development of annual budgets, quarterly forecasts, and long-term financial projections to align with business objectives.

Perform variance analysis, comparing actual financial results against budgets and forecasts, and recommend corrective actions.

Support cost analysis and profitability assessments to drive cost-saving initiatives and process optimization.

Management reporting & data analysis:

Prepare and present accurate MIS reports, including store-wise profit & loss (P&L) statements, balance sheets, and other financial reports.

Ensure the timely month-end closing of financial reports and modules in accounting systems.

Evaluation of CAPEX proposals and store feasibility.

Perform ledger scrutiny, trial balance reviews, and general ledger reconciliation to ensure data accuracy.

Assist in managing insurance processes for retail outlets, assets, warehouses, and offices.

Budgeting & forecasting:

Assist in preparing budgets and forecasts, ensuring alignment with strategic objectives.

Develop and maintain financial models to support business decisions, investment planning, and risk management.

Support the monthly reconciliation of intercompany transactions and accounts to ensure financial integrity.

Compliance & risk management:

Monitor financial compliance with regulatory requirements and internal policies.

Ensure risk management processes are in place to safeguard financial health.

Assist in audit processes and internal financial assessments to maintain accuracy and transparency.

Desired experience

The ideal Assistant Manager – Financial Planning & Analysis should have 5-7 years of experience in management information systems (MIS) or IT management, with experience in a leadership role.

Proficiency in database management, data analysis, and ERP systems.

Strong analytical, problem-solving, and project management skills.

Key relationships

Manager – Financial Planning & Analysis, Business Teams, Functional departments, Executive - MIS & Business Analyst, Manager - Accounts and Finance, Treasury Operations Team, Purchase Team, Manager - Tax, etc.