Tata Power Job Title:

Senior FP&A Manager Department: Finance

 

Job Summary:

 

Tata Power is seeking a highly motivated and experienced Business Finance Manager to play a crucial role in driving the financial planning, costing, and analysis functions of our organization. This position requires a detail-oriented individual with strong analytical skills, strategic thinking, and the ability to collaborate effectively across various departments. The ideal candidate will possess a solid understanding of financial principles, costing methodologies, and excellent problem-solving abilities.

 

Responsibilities:

 

● Financial Planning & Analysis

 

: ○ Develop and maintain the annual budgeting process, including gathering input from relevant departments, analyzing historical data, and preparing comprehensive financial forecasts. ○ Conduct financial analysis and modeling to support strategic decision-making, identify areas for cost optimization, and provide recommendations for improving financial performance. ○ Collaborate with cross-functional teams to assess the financial impact of proposed projects, investments, and initiatives.

 

● CostManagement: ○ Conduct cost analysis to ensure effective allocation of resources, identify cost-saving opportunities, and optimize profitability. ○ Workclosely with leadership to evaluate new projects (both domestic and international), conducting viability & risk assessments and strategizing for end-to-end implementation.

 

● Reporting & Analysis: ○ Coordinate and present the preparation of accurate and timely financial reports, including profit and loss statements and variance analysis. ○ Monitor and analyze financial performance against the budget, highlighting areas of concern or improvement.

 

● Additional Responsibilities: ○ Strategize and oversee critical deliverables of the Commercial and Costing function. ○ Maintain high standards of professionalism, efficiency, personal communication, discretion, and independent judgment. Qualifications:

 

● CAQualified with a minimum of 5+ years of post-qualification experience in a similar role.

 

● Strong analytical skills with the ability to interpret financial data and translate it into actionable insights. ● Proven experience in financial modeling, budgeting, and forecasting.

 

● Excellent understanding of financial principles and costing methodologies.

 

● Strong problem-solving and decision-making skills.

 

● Theability to collaborate effectively with cross-functional teams at all levels.

 

● Excellent communication and interpersonal skills, both written and verbal.

 

● Ability to work independently and manage multiple priorities effectively.

 

● Highly resourceful team-player with the ability to also be extremely effective independently. Strong computer skills (preferred proficiency in SAP), Microsoft Office programs; Word, Excel, PowerPoint.