Hiring for Financial planning and analysis Role with one of MNC banks shared Service center

Position: Manager & Assistant manager

Location : Mumbai (Mumbai and Pune candidates only apply)

Job Purpose:

- The purpose of the role will be to perform key activities (as described below) supporting the Planning and Analysis (P&A) function, across all products and countries

The goal is to either become a part of already established FP&A team in Mumbai or migrate FP&A activities performed across various locations globally and to consolidate them in Mumbai

Overtime, the teams would:

- Drive the standardization and improvement of activities to generate efficiency and re-engineering saves

- Provide analysis and insights into business results

Job Background/Context:

A leading global financial services company. It does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage and wealth management

- Planning and Analysis is part of the Finance division and provides financial and related business information to management to allow them to make informed business decisions and set key strategic goals. This includes management reporting, Budgeting, Outlook and Forecasting and preparation of analysis to support the decision making

- Incumbent is expected to work with country, region or global teams

- Mumbai FP&A COE is an integral and key partner of the Global FP&A team

Development Value:

- Opportunity to join one the leading financial Institutions in the world which prides itself on people development and mobility

- The role also provides a fantastic opportunity to build a career within the Finance Division and gain a holistic and deep knowledge and understanding of various businesses

- Interaction with people at all levels from different areas of the organization (finance, business and infrastructure)

- The role provides a diverse and varied work coverage including monthly reporting, presentations, forecasting and ad hoc analysis

- Opportunity to work in a matrix organization working with regional and country teams

Key Responsibilities:

Performance measurement reporting and analytics:

- Analysing, investigating and explaining key movements and trends in P&L lines

- Preparation of monthly financial metrics and key business drivers specific to different products/functions

- Providing financial support to business/functions and assist them in decision making

- Preparation of various Reports to support the Management needs and ensuring timely adherence to deadlines

- To provide commentaries and business insights on variance under different scenarios and time periods

- Track and provide insight on business productivity(efficiency saves) and projects driven by business

- To coordinate with various stakeholders to right align the headcount, dollars and business structure within reporting systems periodically

- Preparation of monthly Management packs, review decks and getting into discussions with Finance Management, as necessary

Budgeting and Forecasting Process:

- Working with Country and Regional Managers to create and review monthly and quarterly outlook and annual financial plans, including reporting and analysis to explain changes against given baselines

Month End Oversight Activities:

- Assist in key month end activities including interaction with the Controllers to provide oversight of completeness and accuracy of underlying management information

- Support various teams with key Management reporting as appropriate

- Working as part of a diverse team spread across the region, interaction with a wide range of people including Regional/Global Finance Owners

Transitions and Client Management:

- Ensuring smooth transition of activities from various stakeholders within Mumbai COE or from onshore location

- Effective Client relationship and demand management to be able to meet the needs of various stakeholders

Team Management/Individual Contributor (IC) Role:

- Incumbent should be willing to work as an Individual Contributor and/or manage a small sized team

- Drive various Process efficiencies through standardization and re-engineering of activities

- Result Oriented

- Has a proactive approach to problem solving

Education:

- Professional degree equivalent to CA/MBA Finance

Skills:

- Effective communication skills

- Strong analytical and problem solving skills

- Attention to detail is an essential part of the job

- Demonstrate an ability to learn and desire to develop and improve by challenging status quo

- Interpersonal skills (ability to work with colleagues at all levels across multiple locations)

- Time management and organizational skills

- Good teamwork skills

- Flexibility - able to react quickly to changing priorities and timelines

- Takes responsibility and demonstrates ownership of issues

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