Assistant Manager - Financial Planning & Analysis (People)

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