Manager Financial Planning & Analysis

Recruiter
Abbott
Location
Mumbai, India
Salary
Competitive salary + flexible benefits
Posted
12 Nov 2024
Closes
12 Dec 2024
Contract type
Permanent
Hours
Full time
Experience level
Manager

MAIN PURPOSE OF ROLE

FP&A Role:

  • Support in Sales forecasting at SKU/Brand/Channel/Account/Region/State level along with gross realisation, GTN, Price Increase, Elasticity, Cost Increase Assumptions, Gross Margin Profile.
  • Forecast budgets for various P&L lines/ departments/ expense types with proper business justification. Conduct analysis with sales and P&L profile vs previous benchmarks.
  • Ensure accuracy & hygiene of the monthly accounting process – including Std cost, TCGM and ensure proper review of monthly provisions prior to book close.
  • Responsible for balance sheet forecast and actual analysis vs forecast, maintain aging of balance sheet items and follow up for pending claims/outstanding/open amounts.
  • Prepare rlbe balance sheet review and deep dive submissions. 
  • Review various buckets of balance sheet including other accrual liabilities.
  • Review vendor advance for settlements against the invoices, open PO tracking against the accruals and commitments.
  • manage standard cost change exercise during rlbe and stand cost roll up a year end for next year.
  • Ensure accuracy & hygiene of the monthly accounting process – including Standard Cost, TCGM and ensure proper review of monthly provisions prior to book close.
  • Assist in the preparation of scenario analysis, Brand Profitability, Channel Profitability, Regional P&L and other Financial decisions for all BUs including price, discount, incentives and SG&A.
  • Drive continuous Improvement in functional reporting by simplifying processes and leveraging existing systems. 
  • Prepare the monthly Business Health monitor/Dashboard by providing the necessary finance inputs
  • Responsible for CFM policy and DPO policy compliances, accrual analysis, capital expenditure and depreciation planning and monitoring, tax related matters and implications on P&L.
  • Monitoring of Std Cost, Gross Margin performance, Freight & distribution, SG&A budget vs actual monthly for all departments/ cost centers, etc
  • Work on accrual management with CFS/functional teams on Financial Closing on a monthly basis.
  • Understanding business, its key drivers and the impact on the business of the company and drive company policies effectively.
  • Monitor business performance (revenue/profit/overhead/utilization/pipeline, HC & other KPIs), investigate variances and provide analysis of differences with focus on improving performance.
  • Support the audit process (Internal and Statutory) from the view of Business Finance
  • Generate strong insightful management analysis reports which would provide insights to all stakeholders.
For further information, and to apply, please visit our website via the “Apply” button below. 

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