Deputy Manager FP&A Job in Mumbai at Thermo Fisher Scientific

Thermo Fisher Scientific is hiring for the role of Deputy Manager FP&A!

Responsibilities of the Candidate:

• 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 monthly for timely discussion. Provide timely and accurate management financial reporting.
• Drive balanced business growth by focusing on the 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 in marketing spending.
• Evaluate and drive business deals that meet strategic needs
• Market Visits– Plan visits to gain market/competition insights to improve business strategy
• Steer along with the supply chain on Inventory level optimization and working capital management
• Annual Bonus & ensure accurate Incentive calculation for Sales Organisation
• 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
• Drive automation of reports through IT platforms to reduce manual processes, 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
• Drive SOP improvement leading to simplification (including automation) and implement better control to ensure business is done in a simplified environment with compliance

Requirements:

• Chartered Accountant or MBA with ~ 2-4 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 prioritize multiple expectations in a typical Matrix Organization structure
• Candidates with work in a multicultural environment would be preferred
• The 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