FP&a Analyst

Position Title:        FP&A Analyst                                                                                                     Date Updated:                           Business Title:                                                                                                       Location:                                   Vadodara, India Job Function:                               Finance                                                                                                                Career Stage:                                                                                                                   Reports to (Solid):       FP&A Lead                                                         Grade:                                                                                                      Reports to (Dotted):                                                                               Business Unit:                                                                                          Supervisory/Manager Position:            No          Direct Reports:                                        No                       Indirect Reports:                                                               No  

Job Summary:

The Indian Market is one of the fastest growing regions in Xylem and has a   business responsibility of close to $80 M third party sales. The region covers the India and neighboring countries like Sri Lanka, Bangladesh & Maldives. and is part of the Emerging Markets Commercial Team (EM CT).

Essential Duties/Principal Responsibilities:

This role is established in Xylem India’s Vadodara plant. As analyst in the Financial Planning & Analysis group for India region, this person will provide insightful analysis of the performance of India operations of Xylem Inc.

Provide a consolidated view as well as business segment-wise view, of the results every month including a thorough variance analysis. Support the FP&A lead and the CFO with quarterly forecasting, annual operating plan and budgeting exercises. Support the objective of enhanced commercial leadership decisions through sound facts and root cause analysis. Constantly review the costing systems and the product costing of the manufacturing plant including utilization levels. Develop systems and tools to track the product margins and flag the leadership team for any significant erosion of margins at the appropriate time.

Following list represents the daily routine (not exhaustive) activities of the person:

Annual budgets, weekly & quarterly cycles of forecasts

• Develop the necessary tools to strengthen the budgeting process for costs, Orders, Sales, Working Capital and Capex
• Coordinate the budgeting process between various departments and roll-up the numbers for further analysis & consolidation.
• Support the FP&A lead in Quarterly Forecasts as the fiscal year progresses from each quarter to the next, working closely with the sales and operations teams.
• On a weekly basis, prepare company outlook in collaboration with cross-functional team members and provide explanations for variances from prior expectations.
• Submit the budgets and forecasts into One Stream (reporting tool) with reconciliation to top-down figures.
• Evaluate inventory management/sales initiatives assisting the FP&A lead with the requisite analysis.
• Prepare ad hoc projections like Op Income, SG&A expense, etc. for management review.
• Participate in manufacturing planning, logistics and operations from a financial aspect.
• Assisting as needed in working capital planning, forecasting & analysis.
• Assist and validate manufacturing plant’s volume demand forecasting.

• Improve the forecasting accuracy levels and work towards setting of high standards within the Emerging Markets region.

Prepare and Distribute Specific Daily, Weekly and Period Reporting

• Weekly sales, orders and margin reporting for flash purposes, including the detailed analyses of Book and Ship and backlog execution, in line with the instructions from the FP&A lead.
• Provide timely reports to the business managers and working with the manager to design new reports.
• Evaluation of weekly reporting distributed by other cross-function team members related to sales, gross margin, departmental breakdowns, segment breakdowns, payroll expense, SG&A spend and all other P/L related items.
• Ensure the Monthly / Quarterly Business Review decks are prepared with thorough analysis and presented to the FP&A lead along with recommendations for gap closure.
• Analyze manufacturing variances for specific manufacturing functions.

All Other Ad hoc Activities

• Provide financial analysis and assistance to the FP&A lead through an in-depth understanding of the business operations.
• Assist in preparation of monthly and quarterly reporting binder (booklet) that provides comprehensive views of financial performance and is shared with senior management team,
• Support IT Team with development-stage projects associated with data warehouse reporting tools and platforms.
• Identify and address on a timely manner the functional related problems and opportunities.
• Lead and perform special projects as needed.
• Support process improvement planning and implementation.

Other ad hoc analysis and reporting as requested for the Controller and Business leaders.

• Keep an eye for continuous improvement on all processes and implement Kaizen projects.

Key Competencies:

• Good learning attitude
• Good communication skills
• Compliance and integrity
• Asking questions when in doubt

• Quick turnaround for business support
• Good interpersonal skills
• Sound accounting knowledge.
• Hands-on in ERPs and systems