FP&A Analyst

Duties:

Financial planning & analysis:

• Gather and organize financial data to provide detailed analysis on variances
• Prepare financial reports with reliable conclusions that management can use to implement more effective operational strategies
• Investigate and provide analysis for monthly revenue changes and expenditure increases/decreases
• Review order intake backlog revenue phasing and reporting accuracy in partnership with Sales Programs and Operations. 
• Perform profitability analysis by product program customer service line and revenue type as relevant to the India business.

Budgeting & forecasting:

• Work with Budget Owners to get an understanding of performance
• Support Annual Budget and Quarterly Forecast activities by providing variance commentaries and analysis and reporting
• Target areas of expense overruns/inconsistencies and implement corrective measures
• Perform monthly analysis on variances between Actuals and Budgets/Forecast/Prior Year
• Support annual strategic planning and budgeting processes including setting operational & financial targets. Act as trusted advisor to the regional and local management on all finance related matters

Commercial business partner support:

• Support market bids financials preparation benchmark and challenge costs/margins
• Work with Sales head to prepare financial forecasts & budgets for India market
• Support sales bid process by providing financial analysis with attention to cash-flow analysis and local tax requirements
• Support commercial decision making and manage performance against budget/forecasts through analysis and being the go-to person for financial matters relating to the market.

Program support:

• Partner with Program Managers and functional leaders to provide timely financial insight and challenge
• Provide programs profitability analysis on entity margin (external selling price less transfer price) and transparent gross margin (external selling price less manufacturing and local costs)
• Ensure timely and accurate financial reporting for program
• Review Programs-related Balance sheet to ensure accuracy existence and completeness.
• Ensure consistent use and appropriate application of the global chart of accounts and accounting principles and policies Budgetary
• Lead budget variance commentary and reporting
• Track and advise on profitability variances from approved DORBs
• Provide accurate cash-flow forecasting and monitor actual cash-flow relating to programs
• Monitor FX impact on Programs assessing hedging effectiveness as required

Others:

Continuous improvement: Identify areas for improvement in financial analysis forecasting and commercial support. Identify opportunities to streamline automate or digitise reporting and reduce manual work. To increase the analytical capability of the Finance teams to ensure accuracy of the P&L and Balance sheet specifically on program-related GIT and WIP balances.

Communication:  Maintain open and clear lines of communications.  Maintain effective communication with stakeholders within India as well as key stakeholders in the Division.

Qualifications :

Qualifications and Experience

• Chartered accountant MBA Finance or an equivalent professional qualification is preferred.
• Typically 4-7 years of relevant experience in FP&A commercial finance business partnering or management reporting preferably in a multinational environment.
• Experience working in a multi-currency and matrix organisation is advantageous.
• Experience supporting project service technology industrial or manufacturing businesses is advantageous.
• Fluent written and spoken English.

Technical Knowledge and Skills:

• Advanced or Expert proficiency with Microsoft Office suite especially Excel PPT and Word
• Advanced knowledge of software features such as SAP Smartview/Onyx/CPM
• Understand basic accounting procedures like journal entry creation (including preparation of supporting documents) and review and running basic reports
• Understanding different components of Chart of Accounts (CoA)
• Understand basic accounting principles and concepts and ability to apply them
• Understand basic concepts of budgeting and planning
• Able to manipulate data in Excel; able  to identify arithmetical mistakes
• Maintain reconcile review combine and validate moderately complex financial data sets
• Identify clarify investigate discrepancies and exceptions
• Resolve transactional inquiries escalate broader issues
• Run and analyse standard financial reports often from multiple systems/sources
• Design and perform analyses incorporating checks and balances to ensure data integrity
• Actively communicate and engage with colleagues to further clarify ambiguity
• Self-starter and able to work independently and yet cohesively with colleagues located in remote locations

Additional Information :

Join us and well help build your career with excellent training and opportunities for career growth across the business both locally and globally. Youll experience an inclusive environment with strong leadership and a focus on safety and wellbeing. Youll also have the flexibility to choose from a wide range of benefits to suit your lifestyle offering you and your family support from a health and wellbeing financial and lifestyle perspective.

Join us and work for a world-leader with the benefits and training to reward your dedication and skills. Be part of a team where we are making the world a safer place.

We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of color religion sex sexual orientation gender identity national origin economic status disability age or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics where we celebrate support and embrace diversity.

At no time during the hiring process will Smiths Detection nor any of our recruitment partners ever request payment to enable participation including but not limited to interviews or testing. Avoid fraudulent requests by applying jobs directly through our careers website.

Remote Work :

No

Employment Type :

Full-time