This role will report to the Finance Director. The Financial Planning & Analysis (FP&A) Manager works closely with senior management to increase a company’s efficiency and profitability by assisting with the formulation of both the medium and long-term financial plan.
FP&A role entails two key components – Business Finance (Analytics) and Commercials management (Pricing)
Business Finance (Analytics):
Forecasting / Planning / Budgeting: Forecasting accuracy / Assurance, Sales Pipeline, Risks and Opportunities, Scenario based planning, Rolling Forecasts, Impact of external factors to forecasts;
Performance Review management: Business Performance Assessment, Key Insights based on Financial / Operational Metrics; Governance (Monthly / Quarterly Operations reviews), Incentives management.
Decision Support: Investment decisions / Business case Traction, Cost / Profit Improvement Plans;
Pricing deals with the ‘cost required to deliver” and “financial viability” of a deal.
Pricing lead needs to have strong analytical skills, Should possess an eagerness to master cost models across all Verticals / Horizontals / Geos.
Ability to work and excel in pressure situations and a ‘never say never’ attitude is a must, especially when it comes down to last minute changes that can make or break the deals.
Expert knowledge in MS Excel is required.
The role requires to understand contracts, terms and conditions that impact costing, risks and assumptions critical for estimation.
The role requires collaborating with key stakeholders such as Sales Lead; Bid Manager, Legal team; Solution Architect, Technology, Finance and Delivery teams in providing the right solution / price to the customer.
Key Responsibilities:
Business finance and Reporting:
Develop and deliver regular financial reporting and presentation materials for business and finance leaders that are timely and accurate.
Perform insightful analysis and comparisons to help improve the business and achieve targets.
Assist leaders in understanding the appropriate data, reporting, and analysis.
Support decision making processes with ad hoc financial reporting and analysis on wide range of business and financial matters.
Budgeting & Forecasting analysis
Special Projects
Commercials management / Pricing:
Identify all elements of Costs for delivering a solution/service.
Translate the effort estimates into costs and build profit/loss scenarios. Build sensitivity analysis on the impact of various business levers that impact Pricing.
Conceptualize and build suitable Commercial models including Input based, Output based, Risk/Reward based and Outcome based.
Advise the business units / sales teams on various options available to build customer required pricing models.
Analyze and highlight any commercial / legal / operational risks in a given deal.
Help complete all required data for internal governance processes and lead the discussion on price, risk and assumptions, contractual terms and, commitments and promises;
On time completion of pricing, ensuring all the customer’s requirements are included/ considered;
While aspects in the cost model may not be the direct responsibility of the Pricing lead – performance will be assessed on the ability to take a holistic approach and collaborating with the rest of the bid team.
Key skills
Able to analyze data and relevant facts, consolidate and convey insight to support decision makers and other stakeholders;
Able to gather qualitative and quantitative information on factors affecting the financial performance of the organization;
Able to understand financial concepts and identify key business drivers;
Able to assess and adapt his/her processes to changes in the business environment;
Able to continuously look at process improvements – both internally (within the FP&A team) and externally (with the stakeholder community);
Able to communicate with others in a wide range of positions
Provides insights to the financial decision making process
Knowledge of database structures and functions;
Ability to implement advanced spreadsheet function.
Requirements:
CA, CMA, CFA, MBA Finance or Bachelor’s degree in Accounting, Finance or related field with 8+ years of relevant experience OR
Strong PC Skills in Microsoft Office and Windows, particularly Excel, PowerPoint and Access