About the role
Profile – Manager – Financial Planning & Analysis (FP&A)
Location: Nariman Point, Mumbai
Experience: 5–8 Years
Industry Preference: Stockbroking, Capital Markets, Trading, Brokerage, and Financial Services.
Role OverviewWe are looking for a detail-oriented and analytical finance professional to manage organisation-wide budgeting, expense monitoring, financial planning and management reporting.The incumbent will be responsible for preparing and consolidating budgets across departments and business verticals, monitoring financial performance against approved budgets, identifying cost optimisation opportunities and providing actionable financial insights to management.
Key Responsibilities
1. Budget Planning: Prepare and consolidate annual budgets across departments and business verticals.2. Budget Monitoring: Track actual expenses against approved budgets and analyse variances.3. Cost Control: Monitor expenditure, identify cost-saving opportunities and ensure budget adherence.4. Financial Forecasting: Prepare periodic forecasts, projections and budget revisions.5. MIS Reporting: Develop monthly financial reports and dashboards for management review.6. Stakeholder Coordination: Collaborate with department heads for budget planning, allocation and utilisation.7. Financial Analysis: Analyse financial performance, cost trends and budget deviations to support business decisions.8. Process Improvement: Streamline budgeting, reporting and financial control processes.
Educational Qualifications• CA / CMA / MBA in Finance / M. Com with relevant experience.• 5–8 years of experience in corporate budgeting, FP&A, cost control or financial MIS.• Experience in a diversified group, financial services organisation or multi-business environment will be preferred.
Required Skills & Competencies• Strong understanding of corporate budgeting, expense management and financial planning.• Hands-on experience in budget vs. actual analysis and financial MIS.• Advanced MS Excel skills, including Pivot Tables, Power Query and financial modelling.• Working knowledge of ERP/accounting systems; Power BI exposure will be an advantage.• Strong analytical, problem-solving and stakeholder management skills.• Ability to independently coordinate with multiple departments and manage reporting timelines.• High attention to detail, accuracy and confidentiality.
Key Performance Indicators (KPIs)• Timely preparation and consolidation of annual budgets.• Accuracy and timeliness of monthly budget vs. actual reporting.• Effective monitoring and escalation of budget deviations.• Quality and reliability of management MIS.• Improvements in budget tracking, reporting efficiency and cost visibility.
Ideal Candidate ProfileA hands-on finance professional with strong experience in budgeting, cost monitoring and management reporting, capable of independently managing budgeting activities across multiple departments and business verticals while working closely with functional heads and the Finance leadership team