Lead I - Business Finance

💰 ₹28,800 - ₹46,080 (Est.) 📍 Chennai

Job Description

Role Proficiency:

Work with a team to support the design development and implementation of global finance processes under various disciplines. Provide administrative and functional support to the Financial Planning and Analysis team. Work with Financial Analyst supporting the analysis activities helping in effective decision making.

Outcomes
• Acquire exhibit and enhance working knowledge of the business and functional aspects of the processes being implemented
• Provide knowledgeable answers to questions on P&L budgeting forecasting sales pipeline and pricing
• Supports the implementation of new corporate-wide initiatives
• Provide a high level of service to internal customers and vendors
• Ensure processes are in accordance with company policy
• Provide support to business leadership in decision making and influence operational efficiency
• Recognize and maintain confidential information
• Identify potential process improvements and system enhancements to improve operational efficiencies and quality
• May have supervisory responsibilities

Measures Of Outcomes
• Validation of and ensuring correctness of all P&L related reports
• Accuracy and speed of executing projects
• Meet time lines for completion of projects / plans
• Compliance to process and policies
• Multi-tasking ability based on efficiency in the given assignment
• TAT and quality of Query handling

Outputs Expected

Financial planning:
• Manage the financials of the vertical/BU to enable the vertical/BU management to run the business and meet financial goals.
• Performs financial analysis sales analysis and performance reviews to support decision making
• Prepare and review long-term operating budgets and assessment of actual performance versus plan
• Conducts monthly operating reviews provide recommendations for cost and margin optimization
• Identify risks or opportunities for revenues cost and profitability; propose appropriate action;
• Assist with corporate audits
• Use knowledge of the business processes to analyse data and provide meaningful s for effective decision making
• Coordination of internal and external audits
• Apply policies and procedures to ensure that accounting transactions are following company policies and recorded in the financial records
• Facilitate and discuss monthly business and finance forecast participate in monthly reviews
• Compare and monitor towards Budget/Plan of record
• Analyse and understand variances in all cost categories
• Analyse financial data and market trends
• Provide financial result and close narratives
• Identify potential process improvements and system enhancements to improve operational efficiencies and quality
• Ensure the customer satisfaction targets are met
• Under general direction work closely with the global Finance leadership team to define requirements and develop global future state design for the process

Business Support
• Involved in contract negotiations with vendors who might support the financial process
• Ensure processes are in accordance with company policy
• Evaluate and implement process improvements including the identification and evaluation of business requirements for new automation solutions
• Document department policies and procedures
• Cross-training as required

Skill Examples
• Ability to quickly learn organization policies and processes
• Ability to manage change and be open to it
• Good time management
• Ability to work under stress
• Timeliness of all internal and external reporting
• Ability to prioritize and manage multiple responsibilities simultaneously
• Intellectual curiosity to be a problem solver
• Analytical frame of mind
• Orientation towards achievement of team and organizational goals
• Query handling
• Ability to create clear concise well-formatted reports
• Good organizational and communication skills
• Able to meet deadlines and manage multiple priorities

Knowledge Examples
• Certification in Accounting or Finance
• Demonstrated expertise in managing report updates for management reviews
• Experience to build and utilize reports to analyse pertinent account information
• Good understanding of accounting costing
• Experience with spreadsheets and database software

Additional Comments

Qualification: CA Core Responsibilities
• Prepare specific Business Unit’s (BU) profit and loss report
• Take ownership of hygiene of financials of the vertical through detailed review
• Build analytical models to perform financial/performance analysis
• Support vertical finance head/BFM in taking key decisions and initiatives geared towards achieving goals of the vertical
• Provide timely insights and s to business leadership and become a true enabler for them in making right decision
• Report major KPIs to the management team on a timely basis which helps to evaluate the performance of BUs
• Work closely with management team on various corporate initiatives What's Expected
• A team player who works closely with the team to meet team objectives
• An Individual contributor to the team working under supervision
• Curious to learn and open to new ideas
• Capable of Implementing various corporate initiatives within the BU as per guidelines
• Take initiatives to improve any internal process as required
• Resolve and address queries on a day to day basis
• Work closely with all internal stakeholders to resolve any queries in a timely manner
• Responsible for one or more components of the large execution plan or project
• Provides required support to any assignments as required (e.g. implementing a new process)
• Perform other duties as assigned or requested
• May have to relocate as required by the job Performance Measures
• Accuracy and correctness
• Completion of projects/assignments within the timelines
• Turnaround time and quality of Query handling
• Identification and contribution any process improvements Experience: 2+Years of experience in relevant field Skill Set Requirements
• Knowledge of Finance & Accounting concepts
• Ability to articulate and communicate effectively
• Stakeholder management
• Detail oriented and ability to learn quickly the organization policies and processes
• Proficient in Microsoft Office applications
• Ease of working with numbers and accuracy
• Ability to multi-task and work under strict deadlines
• Data Management
• Sound analytical and problem-solving skills, with the ability think creatively and summarize the issues
• Ability to maintain confidentiality of proprietary information
• Data based decision making skills
• Orientation towards achievement of team and organizational goals

Skills

Finance,Accounting,Microsoft Office,Microsoft Office Suite

💡 Quick Summary

Seeking a career-building opportunity? The Lead I - Business Finance position is now open for candidates interested in the Accountant Jobs sector. This role in Chennai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.

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Job Details

Company Name: UST

Frequently Asked Questions

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The expected salary for Lead I - Business Finance in Chennai is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Lead I - Business Finance is an on-site position based in Chennai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Lead I - Business Finance. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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