Senior Manager – Financial Planning & Analysis (FP&A) (RARR Job 6162)

Key Responsibilities

1. Business Performance Management & MIS

1. Prepare monthly internal business performance reports
2. Ensure high quality, accuracy, and consistency of MIS across plants & sales.
3. Prepare presentations and dashboards for key reviews.

2. Budgeting, Planning & Financial Governance

1. Annual Budgeting and Planning process for the SS Pipes & Tubes business, including compilation, validation, and management review.
2. Monitor budget adherence, conduct budget vs. actual variance analysis, and recommend corrective actions.
3. Compile actual cost trends and historical data to support robust budgeting assumptions.
4. Develop reporting aligned to the Annual Business Plan (ABP) and track performance against ABP on a monthly basis.
5. Prepare EBITDA analysis vs. ABP and drive catch-up plans in case of shortfalls.

3. Costing, Profitability & Manufacturing Excellence

1. Consolidate cost information by product, segment, and plant to derive standard costing and pricing insights.
2. Conduct detailed variance analysis for profitability.
3. Structure costing for new products and track monthly cost variances versus standards.
4. Prepare and publish a Monthly Manufacturing Excellence Report covering KPIs across production, quality, cost, and efficiency.
5. Build organizational capability and awareness around cost management, control, and value improvement initiatives.

4. CAPEX Monitoring & Investment Governance

1. Monitor CAPEX projects across plants against approved proposals, timelines, and budgets.
2. Conduct ageing analysis for small and large CAPEX, including justifications and status updates.
3. Present CAPEX status, delays, and benefit realization reports
4. Highlight risks related to delays, cost overruns, or benefit shortfalls and recommend mitigation actions.

6. Working Capital & Compliance

1. Drive working capital optimization initiatives (inventory, receivables, payables).
2. Ensure adherence to financial controls, policies, and statutory requirements.
3. Identify and mitigate financial, operational, and compliance risks.

7. Digital Enablement & Business Systems

1. Lead ideation and design of digital tools for effective analytics platforms.
2. Define lead indicator KPIs to be tracked through digital tools and dashboards.
3. Manage collation and analysis of data generated through digital platforms to support managerial decision-making.
4. Resolve escalations related to functionality, adoption, and usage of digital tools.
5. Oversee SAP master data governance and ensure effective use of SAP (especially FICO) for reporting and controls.

Key Skills & Competencies

1. Strong business acumen with deep understanding of manufacturing finance and operations
2. Advanced analytical, problem-solving, and decision-support capabilities
3. Excellent stakeholder management and communication skills
4. High ownership, execution orientation, and ability to work in a matrixed environment

Systems & Technical Skills

1. SAP with hands-on capability in FICO module
2. Advanced proficiency in MS Excel and PowerPoint
3. Experience working with digital platforms, dashboards, and analytics tools