Job Purpose:
The Assistant Manager – FP&A (People) is responsible for leading financial planning and analysis for workforce-related costs across the organization. The role partners with HR, operations, and leadership to develop budgets, forecasts, workforce models, and performance insights, ensuring effective resource allocation, financial discipline, and data-driven decisions that align people investments with business objectives.
Key Responsibilities:
- Lead annual budgeting and quarterly forecasting for payroll and people costs.
- Develop workforce planning and headcount models.
- Monitor labor cost, productivity, overtime, and vacancy metrics.
- Partner with HR on hiring plans, compensation changes, incentives, and organizational restructuring.
- Perform variance analysis and explain key drivers against budget and forecast.
- Prepare monthly management reports and presentations for senior leadership.
- Evaluate business cases for new roles, restructures, and people initiatives.
- Ensure financial governance over manpower approvals and organizational changes.
- Identify opportunities for cost optimization while maintaining operational effectiveness.
- Support automation and continuous improvement of FP&A reporting and planning processes.
Qualification:
- Bachelor's degree in Finance, Business Administration, Economics, or a related field.
- Master's degree or certification (CA, CFA, ACA, MBA) preferred.
Experience: -
- 3–6 years of experience in FP&A, financial analysis, or management accounting, preferably with exposure to HR/people cost planning.
Job Specific Skills:
- Workforce planning and headcount modelling
- Budgeting, forecasting, and variance analysis
- Payroll and total people cost management
- Advanced Excel and financial modelling
- Data analysis and reporting (Power BI/Tableau)
- HR–Finance business partnering and stakeholder management
- ERP systems experience (SAP/Oracle)
- Scenario planning and cost impact analysis
- Process improvement and reporting automation
