Financial Planning & Analysis Manager; Mars Petcare; Hyderabad

Job Description

Job Description:

Job Purpose

Co-pilot the FP&A lead and CFO of Mars India, Petcare segment in the development and delivery of the business strategy & financial shape (NSV, Prime Cost, LCC, MAC, Earnings & Cash targets).

Responsible for the collection, compilation, analysis and reporting of financial information for the financial shaping/decision-making process, as well as preparing presentations and making recommendations to management.

Mars India is a fast-developing company both commercially and organizationally. The Financial Planning and Analysis Manager will need to be aware of changes, supporting the business to advance in a controlled and financially managed way.

Job Responsibilities

Finance Co-Piloting:

• To partner with the FP&A Lead and other cross functional teams (Sales, Supply Team, Marketing Team, P&O etc.) to consistently deliver and improve the financial shape to the business and ensure results in line with Replan expectations for growth, MAC, earnings ,cash and Economic profit .

• Co-pilot the marketing, sales, supply, and other functional teams by providing relevant and informative reports, based on demand.

• Work with other business functions to support in the analysis of pricing activities, new product launches, sales and marketing projects, investment initiatives, cost optimization and efficiency initiatives etc. Provide financial analysis, insight and decision-making support to different stakeholders within the Unit through ad hoc financial reporting

Prepare reports and analyze results on brand wise profitability, range performance, geography performance, customer performance.

Prepare SKU level MAC analysis at various dimensions.

Follow-up and analyze range margins and profitability.

Build-up analyses on new launches and product innovations

Support Strategic Revenue Management

• Support the unit’s financial shaping and forecasting processes. Identify and evaluate real or potential problems and devise, interpret and present plans for corrective action as appropriate.

• Support FP&A lead in accurate overheads forecasting and delivering Overheads target as per Replan through detailed analytics , identifying areas of opportunities and driving actions to deliver the same.

• Active contribution & participation to S&OP meetings

• Maintaining good relationship with stakeholders.

• Facilitating decision making through robust MIS information backed by automation, leveraging various tools available (Power BI, Anaplan, EP&I analytics etc.).

• Ensure accurate data reporting within Profitability dashboard and help facilitate continuous improvements in the tool. Ensure various cuts from the dashboard are available to various stakeholders based on the requirements.

Financial Planning and Analysis:

• Preparation and submission of detailed and rigorous Operating Planning / AEP on an annual basis by collating and analyzing inputs from all the functions. Ensuring business plan preparation in line with the OGSM and Financial targets / guidelines received from the regional or local senior management.

• Preparation and analysis of financials between plan & actuals by demonstrating outstanding financial analysis, communications, interpretation, and scenario planning skills resulting in improved business results.

• Preparation of periodic financial forecasts, meeting goals and objectives stated by FP&A Lead, CFO & Leadership team.

• Assuring accurate and timely financial projections, forecasts, and analysis of relevant financial and operational information as required for Board, Executive Team, and other specific requests.

• Drive Integrated Value Creation Planning (5 year plan) for the Petcare segment along with the FP&A lead and support various levels of analytics to be provided for the management. Support in presentation preparation.

Performance Management and Reporting:

• Ensuring company's internal financial information needs are met. Develop and maintain relationship with internal local, regional, and global S&F teams, cross functional stakeholders.

• Develop and implement financial reporting and control systems to facilitate strong finance business partnering in accordance with the company’s guidelines and financial policy.

• Analyze company's financial results on a periodic basis with respect to profits, trends, costs and compliance with budgets. Issue regular status and ad hoc reports to executive leadership.

• Provide strategic guidance required to support company growth needs.

Governance and Controls:

• Driving and implementing governance & control initiatives and facilitating streamlining of various processes along with the S&F team as may be required from time to time.

Job Specifications/Qualifications

Note: May differ from the current job holder’s own skills and experience.

1. Education & Professional Qualification

Qualified Chartered Accountant with PQE of 2-3 years.

2. Knowledge/Experience

• 2-3 years’ experience in Financial Planning & Analysis, Sales Finance Partnering, Supply Finance Partnering, Performance Management & Finance and Accounting, preferably with FMCG organizations and Multinational experience. Prior FP&A experience is preferable.

• Proven track record with excellence in financial control and co-piloting skills.

• Knowledge of SAP and other similar ERP systems. Power BI , Anaplan would be a plus.

• Knowledge of USGAAP, IFRS and Navision is valuable.