Senior Manager Financial Planning & Analysis
7 days left
- Recruiter
- Abbott
- Location
- Mumbai, India
- Salary
- Competitive salary + flexible benefits
- Posted
- 21 Nov 2024
- Closes
- 21 Dec 2024
- Sector
- Healthcare, Pharmaceutical / medical
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Manager
FP&A Role:
- 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 PnL 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.