Financial Planning & Analysis Associate (FP&A)

Job Title: Financial Planning & Analysis Associate (FP&A)

Department: Finance & Strategy
Location: Jamshedpur, Jharkhand
Reporting To: Head – Finance / Finance Controller

About the Role

Join Special Mineral Specialties Pvt. Ltd. as a Financial Planning & Analysis Associate and contribute to the company’s financial planning, budgeting, and performance analysis functions.

In this role, you will support the finance team in analyzing financial data, preparing budgets and forecasts, and evaluating the financial performance of business operations. You will work closely with cross-functional teams including plant operations, procurement, and management to provide financial insights that support strategic decision-making and operational efficiency.

This position provides strong exposure to corporate finance, cost analysis, and financial reporting within a manufacturing environment.

Key Responsibilities

• Assist in preparing annual budgets, financial forecasts, and periodic financial plans.
• Analyze financial performance against budgets and identify key variances.
• Support preparation of monthly management reports and financial dashboards.
• Conduct cost analysis related to production, procurement, and operational expenses.
• Work closely with plant and operations teams to track cost drivers and improve financial efficiency.
• Assist in financial modelling and scenario analysis for business planning.
• Monitor key financial metrics such as revenue performance, cost structures, margins, and profitability.
• Support management in evaluating investment decisions and operational initiatives through financial analysis.
• Maintain financial data and assist in preparing reports required for management reviews.
• Coordinate with accounting and finance teams to ensure accuracy of financial data used in planning and analysis.

Required Skills & Competencies

• Strong analytical and numerical skills.
• Ability to interpret financial data and generate actionable insights.
• Good understanding of financial statements, budgeting, and cost analysis.
• Strong attention to detail and accuracy in financial reporting.
• Ability to work with large datasets and financial models.
• Good communication skills to present financial insights to non-finance stakeholders.
• Proficiency in MS Excel including financial modelling and data analysis.
• Basic understanding of financial planning, forecasting, and performance tracking.

Educational Qualification

• Bachelor’s degree in Finance, Commerce, or Business Administration (B. Com / BBA / BMS)

OR

• Postgraduate qualification in Finance (MBA Finance / PGDM Finance)

Experience

• Freshers or candidates with 0–2 years of experience in finance, financial analysis, or accounting roles.
• Internship or project exposure in financial analysis, budgeting, cost analysis, or financial reporting will be an added advantage.
• Exposure to manufacturing finance, cost accounting, or industrial financial analysis will be preferred but not mandatory.

Why Join Us?

• Exposure to strategic financial decision-making: Work closely with finance leaders to understand how financial insights drive business strategies.
• Hands-on experience in financial planning: Gain practical knowledge of budgeting, forecasting, and cost analysis in a manufacturing environment.
• Cross-functional collaboration: Work with operations, procurement, and management teams to analyze business performance.
• Strong foundation in corporate finance: Build analytical and financial skills that are essential for long-term careers in finance and business strategy.