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