This role is part of the overall Global Functions [Planning & Reporting CoE ] based out of Bangalore.
Our vision is to provide to provide best in class functional support to Global Functions such Finance, HR, Legal, Comms, Operations, etc. As such, this is a critical role supporting our Finance Business Partners/ Finance Directors in providing financial business partnering and decision support to the Functional Leaders to ensure their strategic and operational financial goals are delivered.
The successful candidate will support all key deliverables in relation to financial reporting, analysis, budgeting and forecasting of Functional spend in collaboration with FP&A, payroll/HR teams, Operational Finance and other key players as required.
Specifically, the day-to-day role involves the preparation of month end and the preparation of the budgeting and forecasting deliverables, detailed variance analysis of the functional spend, identifying problem areas and proposing scenario-based solutions.
Job Description:
Key Accountabilities
This person will be required to perform the following activities:
Regular routine activities- Support FP&A requirements in respect of Functional Spend
- Prepare monthly, quarterly and annual Functional Spend submissions (MFF, RFs, budgets) and ensure accuracy, consistency
- Provide informed variance analysis
- Identify feedback to be provided to Functional Spend department leads for any identified overspends
- Build reporting and insights of operational expenditure by supplier and spend type to provide the required level of granularity for Commercial Finance and business review
- Staff costs:
- Build and maintain staff costs forecast
- Liaise with Operational Finance during the monthly Pre-Commit Payroll Review to ensure staff costs are correctly reflected in Payroll and variances are understood and explained.
- Meet regularly with the FBPs/HR Business Partner to align on variances and movements in staff costs due to leavers, joiners, pay rises, exit costs, bonus calculations etc.
- Consult with Operational Finance during the monthly Post-Commit Payroll Review to ensure all agreed staff cost changes and corrections have been updated in the payroll
- Actualize staff cost forecasts and liaise with Operational Finance to build commentary around variances for review with Commercial Finance
- Support Functional reporting and review
- Support the preparation of Power-Point presentations to support Functional Spend reviews at departmental level
- Provide finance support to Functional Spend related projects or initiatives, with capability to model business case scenarios
- Support budget/forecasting review calls as needed
- Support month-end activities
- Positing of accruals, prepayments, intercompany, etc.,
- Accrual reconciliation/Ageing/Commentary
- Other Month end reporting activities as required
- Creation of intercompany documentation and IC accruals as needed
- Audit support as required
- Interact with colleagues in respect of spend or associated recharges
- In-depth review of Functional Spend across Global Functions and identify opportunities for further standardization and efficiencies
Key Requirements
- Qualified Accountant 5+Years PQE (ACCA/CIMA or equivalent)
- Previous experience of FP&A
- Demonstrable experience of informed review and analysis of results and forecasts
- Problem-solving and analytical mindset
- Ability to effectively prioritize and execute tasks in a high-pressure
- Excellent communication skills, confident with working across functions and levels
- Advanced Excel and Modelling skills
- Experience of GL, SAC, Power BI, Planning & Consolidation Systems
Location:
Bangalore
Brand:
Bcoe
Time Type:
Full time
Contract Type:
Permanent
