Team Lead Finance Planning & Analysis [PM]

Job Purpose

The Lead FP&A will be responsible for overseeing the financial planning, analysis, and reporting for a large and complex project. This role will involve collaborating with various departments to provide financial insights, forecasts, and strategic recommendations to ensure the successful execution and financial performance of the project. He will also ensure continuous variance monitoring and related analytics to management for a seamless and cost-efficient delivery of the project.

Required Skills

The ideal candidate will possess strong analytical skills, project management experience, and the ability to communicate complex financial information clearly.

Strong analytical and problem-solving skills.

Proficiency in financial modeling and forecasting.

Advanced knowledge of Excel and SAP

Excellent communication and presentation skills.

Ability to work collaboratively with cross-functional teams.

Strong organizational and project management skills.

Key Responsibilities

• Financial Planning & Forecasting: Develop and maintain detailed financial models and forecasts for the project, cost estimates, and capital expenditure requirements.
• Budget Management: Create and manage the project budget, including monitoring expenditures, tracking variances, and ensuring alignment with financial goals and project milestones.
• Performance Analysis: Conduct regular financial performance analysis, including variance analysis. Provide actionable insights and recommendations to improve project performance.
• Reporting: Prepare and present financial reports, including monthly, quarterly, and annual updates, to senior management and project stakeholders. Ensure accuracy and timeliness of all financial reports.
• Cost Control: Implement and oversee cost control measures to ensure that project spending remains within approved budgets. Identify cost-saving opportunities and efficiencies.
• Compliance & Governance: Ensure compliance with company policies, accounting standards, and regulatory requirements. Conduct financial audits and reviews as needed.
• Team Leadership: Lead and mentor a team of financial analysts. Foster a collaborative environment and provide guidance on financial analysis and reporting.
• Stakeholder Communication: Act as the primary financial liaison for the project. Communicate financial information effectively to stakeholders, including senior management, project teams, and external partners.
• Working with Cross function teams for closure of Audit points and compliance under various laws as per target date.
• Review of Insurance coverage, assist in Policy renewal and Claim settlement.
• Review and monitoring of Business cases and projects for long term sustainability.
• Monitoring and review of Fixed Expense budget