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
Opex
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
Actualise 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 standardisation 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
