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Armacell

Insulation materials and high-performance foams producer

Business Planning & Analysis Manager

Full-Time
No salary listed
Mid, Senior
Bachelor's
Pune, Maharashtra, India
In Person
Finance & BankingCorporate Finance & FP&A

About the job

Requirements
  • A qualified finance professional with Chartered Accountant certification is required.
  • Strong expertise in financial modeling, data analytics, budgeting, and forecasting.
  • Proficiency in enterprise resource planning systems, Power BI, and advanced Excel tools for data analysis and reporting.
  • Strong strategic thinking, problem-solving, and stakeholder management skills.
  • Strong communication and presentation abilities with a data-driven mindset.
  • Three to five years of experience in financial planning and analysis, business partnering, or corporate finance.
Responsibilities
  • Drive the annual budgeting, quarterly and monthly forecasting, and long-range planning processes for multiple manufacturing units and entities.
  • Conduct variance analysis comparing actual results with budgets and forecasts, and deliver insights to improve performance.
  • Develop and track key financial and operational key performance indicators, including sales price trends, cost per unit of measure, capacity utilization, and raw material consumption trends.
  • Prepare plant- and entity-level reports and management-level presentations with actionable recommendations.
  • Act as a finance business partner to business and plant heads, operations teams, and supply chain teams.
  • Collaborate with cross-functional teams to improve sales price trends and product mix, drive cost optimization and productivity initiatives, and support capital investment decisions through data-driven insights and continuous engagement.
  • Provide financial insights and analysis for new product introductions, process improvements, and strategic projects, including post-launch analysis.
  • Review business assumptions constructively and facilitate sound decision-making through financial scenario analyses and identification of growth opportunities.
  • Analyze margin, profitability, and costs across different segments and regions.
  • Identify cost-saving initiatives, process efficiencies, and areas for margin improvement.
  • Evaluate capital expenditure proposals from manufacturing units, marketing, and new product development teams using return on investment and payback analysis.
  • Monitor ongoing project spending to ensure alignment with approved budgets.
  • Partner with project teams to ensure value realization after investment.
Desired Qualifications
  • Experience with multi-entity financial planning across diverse manufacturing units.
  • Ability to translate financial insights into actionable business strategies.
  • Exposure to cost accounting and process automation in manufacturing operations.
  • Leadership capabilities with a collaborative approach to cross-functional teamwork.
  • Experience in a manufacturing environment.

About the company

Armacell creates insulation materials and high-performance foams for buildings, industry, and equipment, aimed at improving energy efficiency and sustainability. Its products include recycled PET insulation, next-generation aerogel-based materials, and passive fire protection systems that reduce heat transfer, block fire spread, and control noise. The company differentiates itself through a global reach, a focus on sustainable solutions, and a strong emphasis on customer needs and professional upskilling, positioning itself as a preferred supplier in the insulation and technical equipment market. Its goal is to help customers cut energy usage and environmental impact by delivering reliable, high-quality insulation and safety solutions.

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$1.1B

Headquarters

Mamer, Luxembourg

Founded

2000

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Simplify Jobs

Simplify's Take

What believers are saying

  • On 2026-09-30, ArmaFlex Class 1 won Japan's JIS A9516 certification.
  • On 2026-09-03, Armacell expanded APAC training through ArmaLive and verified EPDs.
  • Armacell's 2025 Pune aerogel capacity expansion strengthens ArmaGel supply for cryogenic projects.

What critics are saying

  • Kingspan, Johns Manville, and Kaimann attack Armacell in global insulation tenders.
  • BS 476-to-EN 13501-1 transitions force constant requalification, delaying sales in Asia-Pacific.
  • PAI Partners controls Armacell; a 2027 exit pressures margins, restructuring, and talent retention.

What makes Armacell unique

  • Armacell’s patented ArmaPrene technology powers ultra-low-smoke ArmaFlex Ultima.
  • Armacell operates 26 plants across 20 countries, serving HVAC, marine, and industrial customers.
  • Verified EPDs, JIS A9516, and NK approvals strengthen specification lock-in with engineers.

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Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

11%

1 year growth

11%

2 year growth

11%
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