Assistant Manager Financial Planning & Analysis

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