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30 Apr 2024


Financial Analyst,6 to 8 years in Mumbai

Company Logo Thermo Fisher Scientific India Pvt. Ltd.


6-8 Years

SAP, ERP System, Hyperion Planning, Finance, accounting

Job Description

Position: Financial Analyst
Qualification: B.com,CA
Experience: 6 to 8 years
Location: Mumbai

Job description
Partner with businesses to ensure long term sustainable and profitable growth.
  • Review and finalize Business AOP (Annual Operating Plan), Planning and timely Reporting.
  • Drive agenda of MBR (Monthly Business Review) & QBR (Quarterly Business Review) for Business leaders with APAC Division leader and India Leadership to understand the variance and drive corrective action; Find opportunities and prepare plans to mitigate risks & target growth;
  • Prepare and share updated Rolling Forecast with the Leadership on monthly basis for timely discussion. Provide timely and accurate management financial reporting.
  • Drive balanced business growth by focusing on quality of revenue and understanding drivers of growth for the Business;
  • Analyse and drive competition insights leading to market beating growth
  • Lead return on investment optimization and identify improvements on marketing spends.
  • Evaluate and drive business deals that meets strategic needs
  • Market Visits Plan visits to gain market / gain competition insights to improve business strategy
  • Steer along with supply chain on Inventory levels optimization and working capital management
  • Annual Bonus & ensure accurate Incentive calculation for Sales Organisation;
Financial Performance Evaluation:
Review and analysis of business with respect to key financial drivers and financial performance of the business in order to achieve the Revenue & EBITA as per AOP for the year.
  • Deliver Revenue and EBITA targets through financial reporting and analytics and drive EBITA improvement initiatives
  • Monitor and Evaluate critical metrics and highlight key areas for effective action
  • Drive better product mix and identify and implement Pricing & COGS reduction opportunities to ensure improvement in Gross Margin;
  • Implement cost containment plans to ensure effective utilization of funds;
  • Drive every element of P&L and report Variance in Actual Vs AOP vs Last Year to achieve sustainable growth
  • Provide performance insights and publish monthly dashboards to drive growth and improve profitability
SOP implementation & Controls:
Drive SOP improvement leading to simplification (including automation) and implement better control to ensure business is done in a simplified environment with compliance
  • Drive automation of reports through IT platforms to reduce manual process, save time and improve compliance and quality
  • Identify simplification areas and implement processes to drive improvement in Bias for Action.
  • Partner with consultants / auditors in driving different business SOP improvements / audits ensure that they are relevant and enforceable in the given business environment
  • Ensure that all existing SOPs and Delegation of Authority are followed any deviation to the same is accurately evaluated and corrective actions initiated
Minimum Requirements/Qualifications:
  • Chartered Accountant, Cost Accountant or MBA with ~ 6-8 years of post-qualification experience
  • Working experience in ERP system (E1/SAP)
  • Exposure to Hyperion planning would be an added advantage
  • Strong Financial & Business Skills
  • Strong interpersonal, supervisory skills and customer service orientation
  • Team Management, People Management
  • Ability to multi-task, meet timelines and be able to grow in a fast-paced work environment
  • Ability to prioritise multiple expectations in a typical Matrix Organization structure
  • Candidates with working in a multi-cultural environment would be preferred
  • Ability to develop high levels of credibility and forge positive professional relationships with subordinates, peers, and upper management are prerequisites to success in this position.

30 April 2024


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