Finance & Business Analyst

- Reporting to the Head of Finance, the Finance & Business Analyst is a managerial position within the Finance and Accounts department of the Academy.

- It will provide high-level support for all financial planning, budgeting, financial analysis/reporting, performance monitoring, and risk management activities at the Academy.

Responsibilities:

The Finance & Business Analyst will be charged with the following:

- Preparation and finalization of the budget as per the set timelines in coordination with the various budget owners and departments.

- Tracking the actual financial performance against the budget and providing variances analysis for various levels of management.

- Identify business trends utilizing real data, and compile analysis reports.

- Getting systems in place to obtain regular tracking of qualitative and quantitative information for the annual budget process, with input from internal stakeholders.

- Prepare forecasts using various assumptions and future expected conditions.

- Preparation and finalization of Monthly, Quarterly, and Annual MIS.

- Be a part of the procurement process for budget control and general quality standards.

- Developing various financial models and costing analysis as and when needed by the management.

- Ensuring reconciliation and analysis of construction and other capital expenditures

- Maintaining various data records and reports as needed for the functioning of the Academy.

- Support the Accounts Team during various Audits by way of preparation of schedules, lists, etc.

- Coordinating and preparing academic and management reports.

- Developing benchmarks and comparisons with other schools within and outside the region.

- Compilation of Market Intelligence information.

- Development & implementation of tools to monitor capital and other major expenditure effectively.

- Lead ongoing reviews of business processes and develop optimization strategies.

- Provide analysis and support for various academic and functional areas of the Academy

- Ensure adherence to the reporting timeline and coordinate with administrative and financial staff as needed.

Communicate proactively with all budget stakeholders to ensure an efficient and effective flow of information, feedback and advice.

The Candidate should have the following:

- Good accounting knowledge with appropriate analytical competency and skills.

- Demonstrable team-working skills to ably provide professional support to user departments.

- Practical application ability with Microsoft Office

- Good knowledge of financial modeling and reporting templates with advanced excel skills.

- Conducting meetings and giving presentations to share ideas and findings.

- Experience with specialized financial accounting software and working with database software (ERP, SAP, Tally, etc.).

- Excellent problem-solving skills.

- Excellent planning, organizational, and time management skills.

- Effectively communicating your insights and plans to cross-functional team members and management.

- The ability to influence stakeholders and work closely with them to determine acceptable solutions. Proactive approach to business initiatives, including the ability to multitask, think creatively, identify issues, and present solutions