MSD Senior Specialist Financial Planning & Analysis 

India, Haryana 

477863745

Job Description

The Senior Specialist in FP&A is essential for managing financial planning, reporting, and analysis for the GAHM sites inand. This role serves as a Finance Support and Business Partner, collaborating with site leadership to provide regular financial updates, insights, and analyses. Responsibilities include preparing monthly operating results, creating financial forecasts and budgets, and identifying opportunities for efficiency improvements. Additionally, the specialist will support regional FP&A initiatives to drive sound financial decision-making across the sites.

Primary responsibilities for this position include, but are not limited to:

Financial planning& Analysis and business partner-

• Regular financial performance updates, analysis and insight, including liaising with site leadership to ensure results are understood and acted upon
• Responsible for preparing and analyzing monthly operating results, financial forecasts and other reports. Individual must have the ability to analyze, select and summarize this information for comment while meeting reporting deadlines.
• Construction of financial forecasts and budgets in partnership with the site leadership teams and Regional/Global team, this would include both capital and P&L forecasts.
• Help identifying manufacturing efficiencies and optimize the process. Be proactive in tracking and achieving the outcomes of our cost-saving initiatives.
• Participate regularly in factory management operation meetings. Act as trusted member of the overall team (both finance and business) and to be relied upon to provide proactive business advice to ensure sound financial performance.
• Provide support resource to regional FP&A when required

COGS support-

• Define and review standard cost and collaborate with global COSI team and other functional teams to prepare annual profitability plan
• Prepare hourly rate for budget and standard costing processes and provide relevant analysis on variances
• Assist with product costings, to drive new business opportunities, as well as forecasting and variance analysis
• Provide relevant information for Site products in scope of CCPs, Margin Evaluations
• Support the Site with business case evaluations of new projects / new product costing / site-transfer project evaluations

Working Capital Management -

• Responsible for evaluation of Fixed Assets Acquisitions - Business Case preparations, ensuring Approvals as per GOA, support accounting team with relevant information for creating Internal Orders, asset numbers and final capitalization process requirements.
• Support periodical Fixed Asset counts conducted by Finance & Accounting Team - work with Site Operations Team for smooth conduct of count-check, Gap Analysis and ensuring the deviations are supported with requisite approvals for accounting.
• IQV Analysis – Close co-ordination with Site Operations and Procurement for assessing health of Site Inventory – Analyze impact of high inventories on P&L through obsolescence risks, play role in monthly S&OP Meetings to assess inventory risks. Finalize monthly provisions in accordance with Site Management discussions, review and approvals in HARP for monthly close operations.
• Support periodical inventory counts, work with Finance & Accounting Team and Site Operations Team for smooth conduct of Stock-take, Gap Analysis, Gap Approvals and ensuring the variances are accounted correctly.
• Support on any audit queries on Financial Budgets / Inventory Valuation area / Standard Cost exercise.
• Ensure compliance and internal control integrity.

Qualifications and Experience

• Bachelor’s degree in accounting, Finance, or a related field. A master’s degree or relevant certification (CPA, CMA, etc.) is preferred
• Minimum of 7 years of experience in Cost Management Accounting
• Professional experience at an organization with global operations
• Solid knowledge of basic and advanced accounting and financial principles and practices
• Excellent knowledge or risk analysis, budgeting and forecasting
• Rich experience in Product Costing, Capital Projects Evaluation
• Experience of working with Site Leadership and Site Operations Team supporting operational needs to Production Sites
• Advanced PC skills (MS Excel, Word, PowerPoint) required
• Experience in SAP FICO & Production modules required
• English can be used as a working language

Current Contingent Workers apply

Not Applicable

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