Senior Financial Analyst
Overall Job Purpose: As a Senior Financial analyst, the incumbent will be responsible for managing the day to day reporting activities of the assigned Business Unit/legal entity and ensuring the quality and timey execution of deliverables as per SLA/requirements. He is also responsible for researching and analyzing financial information to help company make well informed decisions, write reports, monitor financial movements, and finalize books of accounts.
- CA/CMA Semi qualified/Qualified, Graduate/Post Graduate in commerce.
- 6+ years post qualification experience with a minimum of 4 years in MNC
- Highly proficient in Microsoft Office - Expert MS Excel knowledge is preferable
- Experience in using SAP
- Prior experience of ERP transactional processing environment
- Experience working in MNCs is mandatory
Personal Attributes required:
- Confidentiality and professionalism
- Quantitative and Analytical thinker
- Strong planning, prioritizing and organizing skills
- Commercially Aware
- Conscientious, attention to detail and quality focused
- Works well under pressure, motivated and enthusiastic
- Excellent communication and relationship building skills
Responsibilities:
- Monthly, Quarterly, and year-end financial reporting and closing of books of accounts for the Business Unit/legal entity.
- Responsible for end-to-end reporting of assigned entities and perform the role of entity controller.
- Lead a small team of financial analysts and ensure the quality of all the Month-end deliverables as per SLA.
- Engage with Onshore Managers / Counterparts in developing the new process transitions as well in sustaining the on-going processes.
- Responsible for Segment/LOB wise Accounting & Reporting.
- Maintain effective internal controls for the Financial Reporting processes.
- Analyze financial data and prepare financial reports, statements, and projections as required.
- Review & analyze various commission & Bonus schemes and post the accruals, payments and build strong controls to ensure the accuracy and timely deliverables.
- Perform the tasks related to Fees and close the monthly Fees as per the agreed timeline.
- Spend & Variance analysis and submission of reports updated with variance commentary.
- Ensure successful Transition and transformation of financial reporting process from on-shore to off-shore.
- Ensure all SLAs are met with in the agreed timelines.
- Identify & process all types of month end close entries of accruals, deferrals, pre-payments, recharges, intercompany JE etc.
- Maintain Fixed asset register and process depreciation entries.
- Bank Reconciliation & posting bank and petty cash journals.
- Monthly salary analysis & posting journals.
- Review & Analyse accrued income reports & aged debtors reports.
- Monitoring the balance sheet deferrals & accruals, prepare ageing analysis and follow up with business team to ensure timely clearing of all items.
- Ensure that risks to financial performance are identified early and communicated to senior management.
- Providing alternatives and recommendations to reduce costs and improve financial performance.
- Knowledge Transition/Training of reporting process to the new team members and ensure that they get a good grip on the process.
- Manage responses to queries from clients and auditors.
- Responsible for process documentation and keep them up to date.
- Adhoc reporting & Analysis as needed.
- Perform other duties as assigned by Manager
Focusing on end-to-end reporting, entity controller role, month-end deliverables, and financial statement preparation
