Lead I – Business Finance

Role Proficiency:

Work with a team to support the design development and implementation of global finance processes under various disciplines. Provide administrative and functional support to the Financial Planning and Analysis team. Work with Financial Analyst supporting the analysis activities helping in effective decision making.

Outcomes:

1. Acquire exhibit and enhance working knowledge of the business and functional aspects of the processes being implemented
2. Provide knowledgeable answers to questions on P&L budgeting forecasting sales pipeline and pricing
3. Supports the implementation of new corporate-wide initiatives
4.  Provide a high level of service to internal customers and vendors
5.  Ensure processes are in accordance with company policy
6.  Provide support to business leadership in decision making and influence operational efficiency
7.  Recognize and maintain confidential information
8.  Identify potential process improvements and system enhancements to improve operational efficiencies and quality
9. May have supervisory responsibilities

 

Measures of Outcomes:

1.  Validation of and ensuring correctness of all P&L related reports
2.  Accuracy and speed of executing projects
3.  Meet time lines for completion of projects / plans
4.  Compliance to process and policies
5.  Multi-tasking ability based on efficiency in the given assignment
6.  TAT and quality of Query handling

 

Outputs Expected:

Financial planning:

1. Manage the financials of the vertical/BU to enable the vertical/BU management to run the business and meet financial goals.
2. Performs financial analysis
   sales analysis and performance reviews to support decision making
3. Prepare and review long-term operating budgets and assessment of actual performance versus plan
4. Conducts monthly operating reviews
   provide recommendations for cost and margin optimization
5. Identify risks or opportunities for revenues
   cost and profitability; propose appropriate action;
6. Assist with corporate audits
7. Use knowledge of the business processes to analyse data and provide meaningful alerts for effective decision making
8. Coordination of internal and external audits
9. Apply policies and procedures to ensure that accounting transactions are following company policies and recorded in the financial records
10. Facilitate and discuss monthly business and finance forecast
    participate in monthly reviews
11. Compare and monitor towards Budget/Plan of record
12. Analyse and understand variances in all cost categories
13. Analyse financial data and market trends
14. Provide financial result and close narratives
15. Identify potential process improvements and system enhancements to improve operational efficiencies and quality
16. Ensure the customer satisfaction targets are met
17. Under general direction
    work closely with the global Finance leadership team to define requirements and develop global future state design for the process

Business Support:

1. Involved in contract negotiations with vendors who might support the financial process
2. Ensure processes are in accordance with company policy
3. Evaluate and implement process improvements
   including the identification and evaluation of business requirements for new automation solutions
4. Document department policies and procedures
5. Cross-training as required

 

Skill Examples:

1.  Ability to quickly learn organization policies and processes
2.  Ability to manage change and be open to it
3.  Good time management
4.  Ability to work under stress
5.  Timeliness of all internal and external reporting
6.  Ability to prioritize and manage multiple responsibilities simultaneously
7.  Intellectual curiosity to be a problem solver
8.  Analytical frame of mind
9.  Orientation towards achievement of team and organizational goals
10. Query handling
11. Ability to create clear concise well-formatted reports
12. Good organizational and communication skills
13. Able to meet deadlines and manage multiple priorities

 

Knowledge Examples:

•  Certification in Accounting or Finance
  1.  Demonstrated expertise in managing report updates for management reviews
  2.  Experience to build and utilize reports to analyse pertinent account information
  3.  Good understanding of accounting costing
  4. Experience with spreadsheets and database software

  Additional Comments:For MBA Campus hires from Tier 2 schools