Sr. Financial Analyst

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