URMILLA ENTERPRISES PRIVATE LIMITED
Website:
urmilla.in
Job details:
JOB DESCRIPTIONPosition: Head – Financial Planning & Analysis (FP&A)
Department: Finance & Accounts
Designation: Head – FP&A
Experience: 3–7 Years
Qualification: CA – Chartered Accountant
Industry: Construction Equipment Rental / Infrastructure / Heavy Equipment
Location: Chennai / Pan India
Reporting To: CFO / Finance Director / Managing Director
1. Job Purpose
To lead the Financial Planning & Analysis function and provide accurate, timely and actionable financial insights to management for effective business decision-making.
The role will be responsible for budgeting, forecasting, financial modelling, MIS, variance analysis, profitability analysis, cash-flow planning and business performance management across the organization's equipment rental, sales and infrastructure operations.
2. Key ResponsibilitiesA. Financial Planning & Budgeting
- Lead the annual budgeting and business planning process.
- Prepare annual operating plans, departmental budgets and financial targets.
- Coordinate with Business, Operations, SCM, HR, Commercial and other departments for budget preparation.
- Develop monthly and quarterly rolling forecasts.
- Monitor actual performance against approved budgets and forecasts.
- Identify financial risks, opportunities and deviations and recommend corrective actions.
B. Management Reporting & MIS
- Prepare and review monthly, quarterly and annual management MIS.
- Develop management dashboards covering:
- Revenue
- EBITDA / EBIT
- Gross Margin
- Equipment Utilization
- Rental Yield
- Operating Cost
- CAPEX
- Working Capital
- Receivables / Collections
- Cash Flow
- Present financial performance and key business insights to CFO / Management.
- Provide meaningful commentary on business performance and key variances.
C. Financial Analysis & Business Performance
- Analyze profitability by equipment, project, customer, location and business vertical.
- Monitor equipment-wise revenue, operating cost and contribution margins.
- Analyze rental rates, utilization and asset productivity.
- Identify under-performing assets and business units.
- Support management in improving margins and overall profitability.
- Conduct cost-benefit and ROI analysis for major business initiatives.
D. Financial Modelling & Forecasting
- Develop financial models for:
- New equipment purchases
- Equipment rental projects
- Infrastructure projects
- Branch / location expansion
- CAPEX proposals
- New business opportunities
- Perform sensitivity and scenario analysis.
- Evaluate different business assumptions and their impact on P&L and cash flow.
- Support management with financial feasibility analysis for new projects.
E. Working Capital & Cash Flow
- Monitor working capital requirements and cash conversion cycle.
- Analyze receivables, payables and inventory trends.
- Coordinate with Commercial / Collections teams to improve cash realization.
- Prepare cash-flow forecasts and liquidity projections.
- Identify working-capital risks and recommend corrective measures.
- Support management in optimizing fund utilization.
F. Business Partnering
- Work closely with Business Heads, Operations, Commercial, SCM and HR teams.
- Act as a Finance Business Partner to operational functions.
- Provide financial insights for pricing, costing and contract decisions.
- Support business teams in achieving financial targets.
- Challenge business assumptions and provide data-driven recommendations.
G. CAPEX & Asset Analysis
- Review CAPEX proposals for construction and heavy equipment.
- Evaluate equipment acquisition decisions based on ROI, payback and utilization.
- Analyze asset lifecycle economics.
- Monitor CAPEX budget versus actual expenditure.
- Support decisions related to equipment purchase, replacement and disposal.
H. Cost Optimization
- Identify opportunities for cost reduction and operational efficiency.
- Analyze fixed and variable costs across locations.
- Monitor equipment operating and maintenance costs.
- Conduct cost benchmarking and trend analysis.
- Support initiatives for improving EBITDA and asset productivity.
I. Consolidation & Management Reviews
- Consolidate financial information across branches / locations / business units.
- Ensure timely closure of monthly MIS.
- Coordinate with Finance & Accounts teams for accurate financial data.
- Prepare management review presentations and business performance packs.
- Support CFO / Management in Board-level financial reporting.
J. Systems, Automation & Analytics
- Improve FP&A processes through automation and standardization.
- Develop advanced Excel-based financial models and dashboards.
- Use ERP systems such as SAP / Oracle / other financial platforms.
- Develop Power BI / dashboard-based management reporting.
- Improve data accuracy, reporting timelines and analytical capabilities.
3. Key Performance Indicators (KPIs)
- Budget vs. Actual variance
- Forecast accuracy
- Revenue and EBITDA performance
- Gross / contribution margin improvement
- Equipment utilization and rental yield
- Working capital reduction
- Receivables / collection improvement
- Cash-flow forecast accuracy
- CAPEX ROI
- Cost optimization
- Timely submission of MIS
- Accuracy of management reporting
- Business decision support effectiveness
4. Qualification & Experience
Mandatory:
- Qualified Chartered Accountant (CA).
- 3–7 years of post-qualification experience in FP&A / Corporate Finance / Business Finance / Financial Analysis.
- Strong experience in budgeting, forecasting, MIS and financial modelling.
- Experience in a multi-location / asset-intensive business will be preferred.
Preferred Industry Experience:
- Construction Equipment
- Equipment Rental
- Infrastructure
- Construction
- Manufacturing
- Heavy Engineering
- Logistics / Asset-intensive businesses
5. Required Skills
- Financial Planning & Analysis
- Budgeting & Forecasting
- Financial Modelling
- Management MIS
- Variance Analysis
- P&L Analysis
- Working Capital Management
- Cash Flow Forecasting
- Cost & Profitability Analysis
- CAPEX / ROI Analysis
- Business Performance Management
- Advanced MS Excel
- Power BI / Data Analytics
- ERP / SAP knowledge
- Strong presentation and communication skills
6. Behavioural Competencies
- Strong analytical and problem-solving ability
- Commercial and business acumen
- Strategic thinking
- Attention to detail
- Strong stakeholder management
- Ability to work with senior management
- Proactive and result-oriented approach
- Ability to convert financial data into actionable business insights
- Strong ownership and accountability
7. Ideal Candidate Profile
A CA with 3–7 years of post-qualification experience who has strong hands-on exposure to FP&A, budgeting, forecasting, MIS, financial modelling and business performance analysis, preferably from a construction equipment, rental, infrastructure, manufacturing or other asset-intensive organization.
- The candidate should be capable of working independently with business heads and senior management and translating financial information into clear business insights, profitability improvement initiatives and strategic recommendations.
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