Senior Manager

The person will lead budgeting, forecasting, and financial analysis efforts, providing critical insights to senior management. Reporting to the SVP, Corporate Finance, this role involves P&L analysis, financial reporting, and collaboration with cross-functional teams. Proficiency in business analytics (BA) tools is essential to enhance financial analysis and reporting capabilities.

Primary Responsibilities:

1. Budgeting & Forecasting:
   • Develop and manage annual budgets and quarterly forecasts in collaboration with the BU Head and relevant stakeholders.
   • Monitor and track performance against budgets, identifying any variances and providing explanations.
   • Prepare monthly, quarterly, and annual forecasts, adjusting for any operational or financial changes.
   • Assist in the consolidation of BU-specific budgets and forecasts with corporate financial targets.
2. P&L Analysis:
   • Conduct monthly P&L analysis to evaluate business performance, identifying key trends, variances, and risks.
   • Provide detailed analysis of revenue, expenses, gross margins, and operating income.
   • Work closely with the BU Head to provide insights on profitability and cost efficiency, and recommend corrective actions where necessary.
   • Provide in-depth analysis and commentary on P&L statements for senior management and stakeholders.
3. Invoicing & Revenue Recognition:
   • Oversee the invoicing process, ensuring accurate and timely invoicing for all business transactions.
   • Work with sales, legal, and accounting teams to ensure accurate revenue recognition in compliance with applicable standards.
   • Coordinate with the finance team to ensure proper tracking of billing cycles, payment receipts, and aged receivables.
4. Financial Reporting:
   • Prepare monthly, quarterly, and annual financial reports for the BU Head, senior management, and stakeholders.
   • Provide key financial metrics and performance dashboards to help track business performance and operational efficiency.
   • Develop ad-hoc financial reports and analysis based on the business's needs, including scenario analysis and what-if modeling.
5. Variance Analysis & Financial Modeling:
   • Analyze budget-to-actual variances and prepare detailed variance reports, identifying underlying drivers and trends.
   • Create and maintain financial models to forecast future performance, assess new initiatives, and support business decisions.
   • Provide data-driven insights to the BU Head, helping to guide business strategy and operational adjustments.
6. Collaboration with Cross-functional Teams:
   • Work closely with various departments such as Front end, Operations, Recruitment, and HR to gather data and ensure accurate financial reporting.
   • Act as a liaison between the Finance team and BU Head to communicate financial insights, concerns, and opportunities.
   • Assist in identifying cost-saving opportunities and business growth initiatives through financial analysis.
7. Process Improvement & Automation:
   • Identify opportunities to streamline FP&A processes, including budgeting, forecasting, and reporting.
   • Recommend and assist in the implementation of tools, systems, or automation to improve the efficiency and accuracy of financial operations.
8. Ad-hoc Analysis & Decision Support:
   • Provide financial analysis and decision support for strategic business initiatives, product launches, or market expansions.
   • Assist the BU Head with key business decisions by evaluating financial risks and returns.
9. Compliance and Risk Management:
   • Ensure adherence to financial policies, regulatory requirements, and internal controls during budgeting and financial reporting processes.
   • Identify and highlight financial risks within the business and work with management to develop mitigation strategies.