Associate Manager - Financial Planning & Analysis

Position Title:

Associate Manager – Financial Planning & Analysis

Job Code

TBD

Grade:

D1

Department:

Finance

Location:

Gurugram

Reports to:

AVP – Financial Planning & Analysis

Role Level:

CXO-3

• Manage and oversee regulatory compliance and other support functions within the Financial Planning & Analysis department of Air India.


• Pivotal in providing financial support and analysis for regulatory compliance and various other business functions. Reporting to the Lead - Business Partner, the Manager will play a key role in financial planning, analysis, and decision support for regulatory matters and other cross-functional initiatives.

Functional Activities

• Manage and coordinate regulatory compliance activities, ensuring adherence to industry standards and legal requirements.


• Collaborate with cross-functional teams to gather data and insights necessary for financial planning and analysis.


• Act as the financial business partner to regulatory affairs teams and other specified functions.


• Provide financial insights, analysis, and recommendations to support strategic decision-making.

• Establish and monitor key performance indicators (KPIs) for regulatory functions and other designated areas.

• Conduct regular reviews and analysis to identify variances and opportunities for improvement.


• Provide expertise in interpreting and applying regulatory guidelines to support decision-making processes.


• Analyze financial data to support forecasting, budgeting, and strategic planning activities.


• Liaise with external regulatory bodies and represent the organization during audits and inspections.


• Monitor changes in regulations and update internal stakeholders accordingly.


• Identify opportunities for process improvement within the Business Partner department, focusing on efficiency and accuracy in financial planning and analysis activities.


• Drive the implementation of improvements to enhance overall financial processes.

Any other additional responsibility could be assigned to the role holder from time to time as a standalone project or regular work. The same would be suitably represented in the Primary responsibilities and agreed between the incumbent, reporting officer and HR.

Internal Interfaces

Regulatory Affairs Team

• Foster a strong relationship to align efforts and ensure comprehensive regulatory compliance.


• Facilitate coordination on audits and inspections, providing necessary documentation and support.

Head - Business Partner Support Functions

• Collaborate closely to align regulatory and support function activities with overall business goals.


• Provide regular updates on compliance status and seek strategic guidance.

Financial Planning & Analysis Team

• Work collaboratively to gather essential data for financial planning and analysis.


• Ensure effective communication of regulatory requirements and support function expectations.

External Interfaces

Regulatory Authorities

• Engage with external regulatory bodies to understand and interpret industry regulations.


• Represent Air India during regulatory audits and inspections, ensuring a smooth and compliant process.

Minimum Education requirements

• CA / CFA with professional experience.


• Masters in business administration (MBA) is considered advantageous

Experience

Minimum

Desired

• 4-6 years of experience in regulatory compliance and financial planning.

• 5+ years of experience in regulatory compliance and financial planning.


• Experience in the aviation sector is an added advantage