Manager FP&A

Position Title

Manager FP&A

Position Summary

We are looking for a highly analytical and business-oriented Financial Planning & Analysis (FP&A) professional to support strategic financial planning, business performance management, and decision support across manufacturing, project execution, and commercial operations within the Power Transmission sector.

The role will partner closely with Business Unit Heads, Sales, Project Management, Procurement, Manufacturing, Supply Chain, and Corporate Finance to drive profitability, improve working capital, optimize project performance, and enhance management reporting.

The ideal candidate should possess strong financial modeling capabilities, excellent analytical skills, and hands-on experience in budgeting, forecasting, MIS reporting, business partnering, and ERP-driven financial analysis.

Key Accountabilities / Responsibilities

Financial Planning & Forecasting

• Prepare annual budgets, quarterly forecasts, and long-range financial plans.
• Monitor business performance against budgets and forecasts, identifying key financial risks and opportunities.
• Develop financial models to support strategic initiatives, capital investments, and business growth.

Financial & Business Performance Analysis

• Perform variance analysis for Revenue, Gross Margin, EBITDA, and PAT.
• Prepare Gross Margin and PAT waterfall analyses at Business Unit level.
• Analyze project profitability, cost overruns, and execution performance for transmission and distribution projects.
• Conduct order book analysis, revenue visibility, and backlog movement to support business planning.
• Monitor cash flow, working capital, receivables, inventory, and payable trends to improve cash conversion.

Reporting & MIS

• Prepare monthly, quarterly, and annual management reports and business dashboards.
• Develop automated MIS reports using Excel, Power BI, or Tableau.
• Present key financial and operational insights to senior management.

Business Partnering

• Collaborate with Sales, Projects, Manufacturing, Procurement, Supply Chain, and Finance teams to support financial planning and decision-making.
• Provide data-driven recommendations on pricing, project margins, cost optimization, and profitability improvement.

Financial Modeling & Process Improvement

• Build financial models for scenario planning, investment evaluation, pricing, and business expansion.
• Drive automation and process improvements using BI tools, Power Query, and advanced Excel.
• Ensure compliance with financial policies, internal controls, and reporting standards.

Critical Success Factors - Essential

Required Qualifications

• CA, CMA, CFA, MBA (Finance), or equivalent professional qualification.
• 4–10 years of experience in FP&A, Business Finance, or Commercial Finance, preferably in Power Transmission & Distribution, EPC, Electrical Equipment Manufacturing, or Industrial Manufacturing.
• Strong understanding of P&L, Balance Sheet, Cash Flow, and Working Capital management.

Competencies

About Us

About Sterlite Electric Limited. Sterlite Electric Limited (formerly known as Sterlite Power Transmission Limited) is a manufacturer of capital goods and a provider of system integration solutions, specializing in the power transmission and distribution (Power T&D) industry for both domestic and international markets. Its product portfolio includes a wide range of overhead conductors, power cables, optical ground wire (OPGW), along with the provision of master system integration (MSI) services. The company supplied products and services to customers in over 70 countries including North America, Latin America, Europe, Africa, the Middle East and Asia from April 1, 2022, to March 31, 2025. It currently operates four manufacturing facilities strategically located across India, positioned near key raw material sources and major transportation hubs, including seaports. Facilities in Jharsuguda (Odisha), Piparia and Rakholi (Dadra and Nagar Haveli) specialize in overhead conductor manufacturing. The Haridwar (Uttarakhand) facility is dedicated to power cables, while the Piparia facility also manufactures OPGW. Sterlite Electric is also in the process of setting up a new power cable manufacturing facility in Vadodara (Gujarat).