Manager - Financial Analyst

About the Role and Company

Madura Fashion & Lifestyle, part of Aditya Birla Fashion and Retail Ltd, stands as one of the fastest expanding premium lifestyle and branded apparel firms in India. The company encompasses a wide product portfolio, ranging from mass-market to luxury apparel catering to all age groups including children, youth, men, and women. Its brand lineup includes Louis Philippe, Van Heusen, Allen Solly, Peter England, and People — all epitomizing style, luxury, and comfort. Products reach consumers via an extensive network of over 1200 stores and approximately 850 multi-brand outlets.

Job Context and Challenges

• Ensuring seamless cross-departmental collaboration for data preparation and analysis.
• Maintaining a high degree of accuracy as financial data informs stakeholders and investors.
• Remaining current on changes in accounting, tax policies, and applicable laws.
• Adhering strictly to deadlines.
• Efficiently prioritizing tasks based on urgency and importance, including rapid response to ad hoc requests.

Key Responsibilities

• Financial Reporting: Compile detailed monthly brand financial reports including variance analyses; monitor brand and functional expenses to stay within budget limits; create dashboards for tracking key brand deliverables, ensuring timely and precise information is available.
• Financial Planning: Develop the annual operating plan for brands; prepare mid-month profit and loss statements; liaise with brand, channel, and department heads to gather budget inputs; support presentations for the Business Review Committee and Chairman; analyze business environment shifts and deliver regular latest estimates on a quarterly and monthly basis.
• Retail Expansion and Operational Review: Build retail performance monitoring decks encompassing various metrics; analyze retail costs down to line items; assist in identifying and implementing cost-saving measures.
• Sales, Marketing, and Sellex Analysis: Provide brands with in-depth analysis of net sales value and volumes segmented by sub-brand, channel, product, region, and store; aid Brand COO in evaluating discount scheme impacts and monitor related expenditures; oversee sales promotion assessments across multiple market channels; develop and manage market scheme tracking tools to control budgets effectively.
• Pricing, Inventory, and Additional Analysis: Assess and monitor product price-to-MRP ratios at the sub-brand level against targets; perform channel-wise discount analyses across all categories; oversee approval for secondary discounts within retail; analyze discount schemes and new store proposals in retail.