Lead Senior Associate-FP&A-Planning, Management Reporting & Analysis

Job Title: Lead Senior Associate Location: Bangalore Employment Type: Permanent

1) Overview

We are seeking a proactive and detail-oriented Management Reporting & Analysis Lead Senior Associate to join our Finance team. This role will focus on the preparation of management reports, consolidation of business unit (BU) submissions, and providing in-depth analysis to support decision-making processes. The ideal candidate will have strong expertise in financial reporting, forecasting, and analytical skills, with experience in management reporting systems

2) Key Responsibilities

Primary Responsibilities

Supporting Actions

Service Delivery

• Management reporting preparation & analysis:
• Prepare and update monthly management reports, including financial forecasts and operational reports.
• Consolidate submissions from business units (BUs) and update management on financial performance, identifying key variances and exceptions.
• Perform initial analysis of material exceptions to the monthly forecast or operational plan, providing explanations and insights to stakeholders. Collaborate with business unit leaders to gather relevant data and ensure accuracy of reports.
• Weekly Cash reporting:
• Run weekly reports and complete cash forecasts, including updating cash balances and preparing source data files for accounts payable (AP) and accounts receivable (AR).
• Perform account analysis and reconcile bank and working capital movements to ensure cash flow management is accurate.
• Identify and resolve unallocated cash issues.
• Planning, Management Reporting & Analysis:
• Maintain and update Business Unit Master Data and Management Hierarchy in the financial systems to ensure consistency and accuracy across reporting structures.
• Support business planning, budgeting, and forecasting activities, including the forecast of bid spend, projects, salary expenses, overheads, treasury, tax expenses, and internal profit.
• Consolidate business unit forecasts and perform the computation of forecast performance metrics. Conduct scenario modeling and apply management overlays to forecasts, submitting final data to the Enterprise Planning & Reporting System.
• Prepare and manage the business plan submission for the finance section, ensuring it aligns with organizational goals and budgets.
• Ad Hoc Management Reporting & Analysis:
• Prepare ad hoc management reports and conduct analysis to support business decisions and strategic initiatives.
• Perform cost analysis, identify cost-saving opportunities, and provide actionable insights to senior management.
• Management Reporting (Consolidation & Performance Metrics):
• Consolidate management results from various business units and prepare comprehensive performance metrics reports.
• Conduct variance analysis to assess discrepancies between actual performance and forecasts, highlighting key drivers of financial performance and recommending corrective actions.

Support to Team Lead

Support Team Lead (as required) in areas such as:

• Operational Insights
• Workflow Optimization
• Issue Escalation
• Compliance Monitoring
• Resource Coordination

3) Attributes Required

Experience

Qualifications

• 6-10 years of previous work experience in project accounting, financial operations, or a related role.
• Strong analytical and problem-solving skills.
• Proficiency in ERP systems (e.g., Oracle R12) and financial tools.
• Attention to detail and organizational abilities.
• Effective communication and teamwork skills.
• Experience in project accounting processes is preferred.
• Knowledge of reconciliations, cost allocations, and month-end reporting.

• A Master's or Bachelors degree in accounting, Finance, or Business Administration.
• Relevant certifications (e.g., CPA, CMA) are a plus.

Why Join Us?

• Be Part of Impactful Work: Contribute directly to key financial processes, ensuring project success and organizational growth.
• Expand Your Expertise: Gain hands-on experience in cost allocation, lifecycle management, and compliance reporting.
• Collaborative Culture: Work in a supportive environment with opportunities to collaborate with cross-functional teams and leadership.
• Innovation at Work: Drive process improvements and operational excellence through workflow optimization and insights.
• Structured Career Growth: Enjoy clear progression paths, continuous learning, and opportunities to take on diverse responsibilities.
• Commitment to Excellence: Join a team that values precision, compliance, and high standards in financial reporting and management.