Finance Analyst

R&D Analyst, Bengaluru Tech Center, India

Bengaluru Technical Center, India currently has ~240 engineers working on software and systems competency supporting multiple awarded projects and internal platform development activities for the PDS organization and this location is estimated to grow upto ~840 engineers by end of 2026.

General responsibilities of this position include being part of Finance team in Bengaluru, India responsible for Engineering financial reporting, including forecasts, budgets, cost allocations, variance analysis, - R&D reporting systems and (e.g.,EMT) reports, adhering to BW controls and process.

The position reports to the Senior Finance Lead, PDS Technical Center, India and will be located at the Bengaluru facility in India.

This position
 Must remain objective and unbiased.
 Considers and seeks out the impact of his/her actions within the team.
 Actively seeks collaboration with internal and external team members.
 Provides constructive solutions to issues
 Be proactive in carrying out his/her activities
Key Accountabilities:
Supports the Site Leadership & Lead Finance in the areas of Engineering Resource Planning, Budget, Forecast & Actual Performance, and Engineering Capital Spending
Maintain accurate cost center reporting and control for Engineering R & D reporting and for other functional disciplines as required.
This position will assist the engineering managers in the identification and implementation of corrective actions to ensure target achievement.
Communicate monthly R&D reporting package with regular reviews of budget status with the engineering leadership team. Frequently review, challenge and adapt the engineering reporting systems to adhere to business needs and objectives.
Coordinates and leads regular interfaces, liaises, and communicates with the R&D community on actual results and forecast. Establishes the link on project vs. department reporting and analysis.
Facilitate the project expense tracking & billing of R&D services across all legal entities to support local statutory reporting requirements. Maintain all internal engineering service agreements.
Assist with the implementation and maintenance of the project reporting systems to ensure timely closure of projects and accurate project allocations. Perform periodic audits of time records to validate completeness.
Facilitate the preparation of Engineering budget and long-range plan. Use targets to align resource planning. Prepare necessary graphics for management review of R&D budget.
Support R&D function in the quoting of Design and Development costs as required as well as providing financial awareness education to the organization.
Review Engineering AR prepared at site before management approval.
Special Assignments – Responsible for completion of special assignments as required
Qualifications and Requirements:
Education/Experience
Master’s Degree in accounting or finance
CA-Inter/MBA a plus
3+ plus years of experience in workforce planning, scheduling & rostering
Experience building capacity models using various statistical tools for forecasting and optimization
Working in an Engineering industry will be an added advantage.
Competencies:
Action Oriented – Enjoys working hard; Is action oriented and full of energy for the things he/she sees as challenging; Not fearful of acting with minimum of planning; Seizes more opportunities than others.
Organizational Agility - Knowledgeable about how organizations work, knows how to get things done both through formal and informal channels, understands the original and reasons behind key policies, practices and procedures
Priority Setting – Spends his/her time and the time of others on what’s important; Quickly zeros in on the critical few and puts the trivial many aside; Can quickly sense what will help or hinder accomplishing a goal; Eliminates roadblocks; Creates focus.
Informing – Provides the information people need to do their jobs and to feel good about being a member of the team, unit, and/or the organization; Provides individuals information so that they can make accurate decisions; Is timely with information.
Process Management – Good at figuring out the processes necessary to get things done; Knows how to organize people and activities; Understands how to separate and combine tasks into efficient workflow; Knows what to measure and how to measure it; Can see opportunities for synergy and integration where others can’t; Can simplify complex processes; Gets more out of fewer resources.
Functional Technical Skills – Has the functional knowledge and skill to do the job at a high level of accomplishment.
Internal Use Only: Salary
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