Financial Planner & Analyst - Financial Firm

Position Purpose

The candidate will basically identify financial status of the organization by comparing and analyzing actual results with plans and forecasts. Guide cost analysis process by establishing and enforcing policies and procedures. Provide trends and forecasts; explain processes and techniques besides recommending actions.

Mainly work on the preparation, development and analysis of management accounting information and provision of a high quality support service to the upper management.

Designation/ Title: Financial Planner & Analyst

Experience: 5+ years in MNCs

Location: Bidadi, Bangalore

Job Type: Full Time

Education: Bachelor's Degree/ Master's Degree in finance, business administration, economics, statistics or accounting

Desired Candidate Profile :

- Able to manage change and risk

- Excellent communication skills

- Ability to communicate financial issues with non-finance professionals and volunteers

- Problem solving ability

- Strong team player

- Excellent interpersonal skills

- Good planning and organisational skills

- Prioritise workload and meet strict deadlines

- Highly desirable, experience with MNCs

Roles and Responsibilities

Management Accounts Preparation :

- Process income received journals, ensuring these correctly reflect the income recorded in the database and account for any restriction or earmarking.

- Prepare month end accruals and prepayment journals.

- Prepare the MIS Reports.

- Produce monthly management accounts to ensure accounts reconcile with nominal ledger.

- Produce balance sheet and cash flow statements as required.

- Work with the Business Analyst to update the format of the management accounts or other reports.

- Analyse variances and explore potential problems with line managers. Make appropriate recommendations and advise of the impact on the organization.

- Undertake forecast variance analysis at agreed intervals during the year in conjunction with budget holders.

Planning and Budgeting :

- Assist the Business Analyst with the planning and budgeting process.

- Provide training to budget holders so that they understand key financial concepts.

- Ensure all budget holders understand the financial information they are sent every month and to answer questions they may have.

- Assist budget holders with preparation of budget templates.

- Collate budget holder planning and budgeting information.

- Produce the budget book.

Provide financial information service to management:

- Produce reports for the Head of Finance and Business Analyst.

- Produce reports for Finance Committee and Executive Group.

- Investigate possible cost saving areas.

Financial Support:

- Provide all budget holders with up to date information in relation to their budgets.

- Under the direction of the Business Analyst, Head of Finance or Upper Management, produce ad-hoc information on the finances.

- Write and format accounting reports, in order to improve accuracy of information produced and overall departmental performance.

- Work with the Branch Accountants and advice branches on the best use of funds.

- Assist with financial training throughout.

- Work with Supporter Services to ensure the income recorded in the organization's database is reconciled to the accounting system.

- Work with the Research team to ensure research grant commitment schedules are reconciled to the accounting system.