Senior Associate Manager Finance BFSI

Job Description

1) Financial Analysis and Reporting:- Conduct comprehensive financial analysis, including budgeting, forecasting, variance analysis, and trend analysis.- Generate insightful financial reports, presentations, and dashboards to communicate key findings and recommendations to senior management.- Analyse financial data to identify areas for cost optimization, revenue enhancement, and process improvement.- Collaborate with cross-functional teams to ensure accurate and timely financial reporting.- Critical thinking capabilities to ensure that the candidate can corelate the reasons to the movements in the numbers and vice versa.2) Strategic Planning and Decision Support:- Provide financial analysis and guidance for strategic initiatives, capital investments, and potential acquisitions and carve outs.- Collaborate with business partners to evaluate the financial feasibility and impact of proposed projects.- Conduct scenario analysis and sensitivity testing to assess the potential outcomes of different business strategies.- Assist in the development and tracking of key performance indicators (KPIs) to measure the financial success of the organization.3) Process Improvement:- Identify opportunities to streamline financial processes, improve data integrity, and enhance reporting capabilities.- Implement best practices and standardized financial procedures to increase efficiency and accuracy.- Support the implementation and optimization of financial systems and tools to facilitate financial analysis and reporting.- Liaise with accounting, treasury, and other finance teams to ensure alignment and accuracy of financial information.- Stay updated on industry trends, regulations, and best practices related to financial planning and analysis.4) Team management skills and project management skills- Participate, coach, guide the team in the initial creation of documentation for the client as part of deliverables and later review the documentation prepared by the team.- Review, evaluate and signoff all key deliverables to the client to ensure high quality output to the client.- Proactively identify, track, manage and mitigate the risks on specific issues with respect to client deliverables.- Resolve the issues by providing contingency plan and/or escalate the issues to the top management for alternate solutions to ensure minimal impact to quality and timeline.- Determine the roles of team members required for the execution of the tasks based on the requirement, timelines and budget as set in the client charter.- Identify the knowledge and skills required for execution of task and ensure the same is available and if not it is provided to team members.- Review performance goals, achievements and concerns with each direct reporting staff on a regular basis.- Motivate and develop team members to shoulder higher responsibilities.- Establish channels for regular client feedback and satisfaction levels on the services provided and team/individual performance.Mandatory Skill set:- MBA with specialization in Accounts and Finance- 8 years of experience in Account roles and Finance knowledge would be an added advantage.- Excellent communication skills- Maturity to handle regional and global stakeholders across the hierarchy.- Exceptional analytical and problem-solving skills with the ability to translate complex data into actionable insights.- Advanced knowledge of financial systems and tools (e.g., ERP systems, Power BI, Tableau, Advanced Excel-Macro, Power query, power pivot).- Excellent written and verbal communication skills, with the ability to present financial information to non-financial stakeholders effectively.- Strong attention to detail and the ability to manage multiple priorities in a fast-paced environment.- Flexible to work in UK shifts (3PM IST to 12AM IST) and during weekends or long hours based on need.- Strong knowledge about SAP and Hyperion Financial Management.- Strong in operations, Reporting, A/c & finance mgmt., Comm. Skills, Team handling, Internal/External stakeholders handling.- Demonstrates project management and skills.- Demonstrates the ability to manage multiple clients and diverse team IIM Jobs