Finance Analyst

Objective-

Prepare & Analyse Monthly MIS, Monthly Forecast & Annual Budget to provide input for future Business Plans & track achievements against plans.

Ensure analytical information to be provided to management for taking effective financial / business decisions.

Primary Responsibilities-

Strategic and planning

• Ensure timely and in-depth analysis of financial reports along with logical reasons for variances vs budget to help management to take appropriate actions.

Core Functional

• Coordinates with various departments for preparing business plan well in time.

• Ensure consolidation of Budget and analysis submission.

• Prepare forecast profitability and cash flow with reasons for variation in profitability.
• Ensure Logical reasoning & in-depth analysis for variation of actual profitability visa vis budgeted profitability.
• Analyse Product and Geographical segment Profitability.
• Provide Costing for the new Structures developed from the R & D and operations Team.
• Monitor & control compliances related to Overseas Branches.

Internal Process

• Timely Submission of QIS/CMA Statements to Banks
• Prepare work sheet for fixation of Transfer prices to satellite entities on quarterly basis.
• Monitor the performance of the each departments against budgets every month and report deviations to the department heads (Sales, Power, Packing, Freight, Costs etc)
• Prepare monthly valuation of Stocks with latest moving average prices and analyse Inventory.
• Ensure timely submission of Forex Certifications in coordination with the auditors
• Filing of necessary documentation for overseas investments including the necessary certification from various agencies.
• Prepare analytical review of customer financials and credit history for fixation and validation of Credit Limits.
• Preparation of Monthly MIS

People development

• Provide product costing awareness training to the operations, sales and other functions.
• Develop internal team members on analytical and logical reasoning areas, data filtration and management of historical data.

KRA's

• Prepare in depth financial analysis along with logical reasoning for variances for management decision making.
• Provide training on product costs & impact of critical items on cost to Operation, Sales and D & T team.
• Analytical information on Sales, Expenses, Product costs and Profitability for Pharmapack and satellite entities
• End to end profitability analysis.
• Quarterly profitability report submission.
• Consolidation of Annual Budget