Sr. Associate – FP&A

Location: Bangalore
Experience: 4–10 Years
Band: BPO 4
Salary: Up to ₹12 LPA
Job Code: 434242

Role Overview

We are looking for an experienced Sr. Associate – FP&A (Financial Planning & Analysis) to support budgeting, forecasting, variance analysis, financial reporting, performance management, and cost-efficiency initiatives.

The role will work closely with management, area managers, and department heads to analyze financial performance, provide actionable insights, and support operational decision-making.

Key Responsibilities

• Support the preparation of the company’s annual budget and rolling forecasts.

• Perform detailed analysis of actuals, budgets, targets, variances, and forecasts on a monthly and quarterly basis.

• Conduct Actual vs. Budget and Actual vs. Forecast variance analysis.

• Support CapEx and OpEx planning, monitoring, and analysis.

• Assist with project planning and accounting activities.

• Manage and analyze monthly accruals and prepayments.

• Drive performance management and forecasting activities.

• Analyze complex financial information and reports to provide accurate and timely recommendations to management.

• Support operational decision-making in collaboration with area managers and department heads.

• Prepare internal and external financial reports, KPIs, scorecards, benchmarking, and variance reports.

• Consolidate and interpret financial results and present key insights to management.

• Report significant budget variances and provide analysis of the underlying reasons.

• Identify opportunities for cost optimization and efficiency improvement across business functions.

• Prepare and maintain MIS reports for management review.

• Support continuous improvement of FP&A processes, reporting, forecasting, and financial controls.

Required Experience

• 4–10 years of relevant experience in FP&A, financial planning, management reporting, or finance operations.

• Strong hands-on experience in budgeting, forecasting, variance analysis, and financial reporting.

• Experience with CapEx and OpEx  analysis and planning.

• Experience in project planning and accounting.

• Strong understanding of actuals vs. budget and actuals vs. forecast analysis.

• Experience preparing accruals and prepayments.

• Strong MIS reporting and financial analysis experience.

• Ability to work with senior management and business stakeholders.

Core Skills

• Financial Planning & Analysis (FP&A)

• Budgeting & Forecasting

• Variance Analysis

• Actual vs. Budget Analysis

• Actual vs. Forecast Analysis

• CapEx & OpEx Management

• Management Reporting

• MIS Reporting

• Financial Performance Management

• Accruals & Prepayments

• KPI / Scorecard Reporting

• Cost Optimization & Efficiency

Key Financial Activities

Budgeting & Forecasting

• Annual budgeting

• Rolling forecasts

• Financial targets

• Forecast accuracy and performance tracking

Variance Analysis

• Actual vs. Budget

• Actual vs. Forecast

• Monthly and quarterly variance analysis

• Root-cause analysis of financial deviations

Financial Reporting

• Management reporting

• Internal and external reporting

• KPI and scorecard preparation

• Financial performance reporting

• Benchmarking analysis

CapEx & OpEx

• Capital expenditure planning and monitoring

• Operating expenditure analysis

• Cost tracking

• Cost-efficiency opportunities

Working Capital & Accounting Support

• Monthly accruals

• Prepayments

• Project accounting

• Financial data validation and analysis

Stakeholder Management

The role will collaborate with:

• Senior Management

• Area Managers

• Department Heads

• Finance & Accounting Teams

• Project and Operations Teams

The candidate should be able to communicate financial insights clearly and support business stakeholders in making informed operational decisions.

Analytical & Decision-Making Skills

• Strong financial and analytical thinking

• Ability to interpret complex financial information

• Strong numerical and problem-solving skills

• Ability to identify financial trends and risks

• Ability to translate financial data into actionable business insights

• Strong attention to detail and accuracy

• Ability to manage multiple reporting and forecasting deadlines

Reporting & MIS

Strong experience in preparing and maintaining:

• MIS reports

• Financial dashboards

• KPI scorecards

• Budget reports

• Forecast reports

• Variance reports

• Management presentations

• Performance and benchmarking reports

Qualifications

Education: Bachelor's degree in Commerce, Finance, Accounting, Business Administration, Economics, or a related discipline.

A postgraduate qualification such as MBA Finance, M.COM, or CA/CMA would be an advantage.

Important Eligibility Information

• Ex-TCS employees are not eligible to apply.

• PAN and Date of Birth (DOB) are required for profile creation.

• Candidates should have relevant experience in FP&A, budgeting, forecasting, variance analysis, and MIS reporting.

• Strong stakeholder-management and financial-analysis skills are required.