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JOB DESCRIPTION: Head – Financial Planning & Analysis
Function/ Department – Finance & Accounts
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JOB PURPOSE
Responsible for leading and managing the financial planning and analysis for all functions and overall company. The ideal candidate will be a strategic thinker who can provide insightful analysis, identify trends and opportunities, and partner with senior leadership to drive business decisions.
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ORGANISATIONAL CHART
(First level reporting chart for the job)
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PRINCIPAL ACCOUNTABILITIES
(Accountabilities associated with the job)
Functional Capability:
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Lead the development, preparation, and presentation of annual budgets, forecasts, and long-term strategic plans.
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Provide financial analysis, modeling, and insights to senior leadership to support business decisions and optimize financial performance.
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Analyse the financial performance of the business that you own, analysing actual results vs forecast, updating the financial forecast, and budget controls.
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Embed the rigour, discipline, and continuous improvement in budgeting, planning and forecasting processes across functions
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Monitor and report on key financial metrics, identifying trends and areas for improvement.
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Manage and develop a team of financial analysts, providing coaching, feedback, and development opportunities to ensure high performance. CFO
Financial Controller
Head – Sales
Accounting & Taxation
Head – Treasury, EXIM
Finance, Insurance
Head – Legal
Head – Finance
Planning & Analytics
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Establish and maintain relationships with key stakeholders across the organization, including sales, marketing, operations, and finance teams.
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Partner with business leaders to identify areas for cost optimization and efficiency improvements.
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Develop and maintain financial reporting processes and systems to ensure accurate and timely reporting.
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Stay up to date on industry trends and best practices in financial planning and analysis, and implement changes as appropriate.
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Lead ad-hoc financial analysis and special projects as needed.
SKILLS AND KNOWLEDGE
(Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent).
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Education: MBA Finance / CA / ICWA / CFA
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Experience:
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10+ years of progressive experience in financial planning and analysis, with a strong track record of delivering results.
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Experience in the FMCG industry preferred
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Key Capabilities:
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Proven leadership skills, with the ability to motivate and manage a team to achieve results.
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Excellent analytical skills, with the ability to translate complex financial data into actionable insights.
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Strong communication and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels of the organization.
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Experience with financial planning and analysis software and tools.
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Highly organized and detail-oriented, with the ability to manage multiple priorities and deadlines
KRA & KPIs
(Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent).
KRA
KPI
Budgeting and Forecasting
Accuracy of the annual budget and quarterly forecasts
On time Variance analysis of actual results vs. budget/forecast
On time budget and forecast preparation
Financial Analysis
On time Identification and analysis of key financial metrics and trends
Preparation of management reports on financial and operational performance-
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Cost Control
Number of cost-saving opportunities identified through analysis of costs vs. budget
Financial Strategy
Development of financial strategies to achieve business objectives
Stakeholder Management
Timely and effective communication of financial results and analysis to stakeholders
Relationship building and management with internal stakeholders such as department heads and senior management-