IN_Associate-Finance Controllership-Finance -IFS-Gurugram
PWC
2 - 3 years
Gurugram
Posted: 22/11/2024
Job Description
Line of Service
Internal Firm ServicesIndustry/Sector
Not ApplicableSpecialism
OperationsManagement Level
AssociateJob Description & Summary
A career in Finance, within Internal Firm Services, will provide you with the opportunity to help PwC in all aspects of our Finance internal function including financial planning and reporting, data analysis, and assisting leadership with overall strategy. You’ll focus on recording and analysing financial transactions, paying and receiving invoices, maintaining financial statement ledger accounts, and preparing analysis and reconciliations of bills to detect fraud.Our Accounting team helps internal leaders with fixed assets accounting and asset management, financial reporting, accounting research and analysis, statutory and regulatory reporting, and data security. As part of the team, you’ll assist with monthly closings, financial analysis, oversight and management of controls and compliance, tax and cash projections and data security.
Job Description
We are seeking a proactive and detail-oriented Associate to join our finance team, supporting the Cost Controller. This role involves using data analytics to evaluate major cost elements and provide feedback to the cost controller to support on potential areas of cost optimization and understanding the ROI on major cost spends. This role would also be invested heavily in ensuring zero-based cost budgeting for the LoSs and IFS by conversing with different stakeholders and facilitating the cost controller to evaluate the justification for each cost. In the process, the individual would also work with reporting team to ensure pristine cost accounting and reporting. A substantial time would also be spent on identification of process improvement opportunities to ensure accurate and timely financial information is available for strategic decision-making.
The ideal candidate will have a strong foundation in finance, excellent analytical skills, and a commitment to enhancing operational efficiency
Responsibilities:
- Trend analysis: Using past trends to identify the cost behavior of various critical cost components and highlight unique movements and patterns.
- Cost Analysis: Conduct comprehensive cost analysis for all LoSs and across different projects, products, and operations to enable the cost controller to identify areas for optimization opportunities.
- Best Practices Research: Research on the best industry practices for effective cost control measures to ensure adherence to budgetary constraints and financial goals. Also, continuously assess and improve cost analysis methodologies, tools, and processes to enhance accuracy and efficiency.
- Focus on zero-based Budgeting and Forecasting: Work on ground in overall budgeting and forecasting cycle discussions with different stakeholders, ensuring building up of a bottoms-up budget with complete visibility into their activity level planning.
- Financial Reporting: Prepare detailed and insightful financial reports for cost controller, presenting findings to support strategic decision-making.
- Initiative Tracking: Monitor and report on the benefits of cost control initiatives, tracking progress and outcomes to support ongoing financial improvements.
- Cross-functional Collaboration: Collaborate with various IFS departments and within Finance for cost analysis. Ability to read the data well and zoom in/out of the details are essential for being successful in this role.
- Internal Collaboration: Demonstrate leadership and effective team-playing abilities by collaborating internally with finance teams, particularly Statutory Reporting Team, Business Partnering Teams and Reporting CoE.
- Data Analytics: Work closely with the data analytics team to derive necessary analytics from data, supporting deeper financial insights and more informed decision-making.
Mandatory skill sets:
- Bachelor's or master’s degree in finance, Accounting, or related field.
- Exhibit an exceptional ability to dissect complex datasets, swiftly identifying and rectifying discrepancies with a solutions-oriented approach.
- Possess stellar communication skills, facilitating seamless interactions with both internal and external stakeholders
•Demonstrate advanced proficiency in Microsoft Office Suite, especially Excel and understanding of emerging technologies ERP, BI Analytics, RPA, Machine Learning, Digitization, collaboration, etc.
•Show an inherent ability to juggle multiple priorities, swiftly adapting to evolving business needs within a fast-paced, dynamic environment.
•Collaborative spirit and proactive approach to improvements.
•Understanding of emerging technologies ERP, BI Analytics, RPA, Machine Learning, Digitization, collaboration, etc.
•Strong executive presence to work with senior leaders in the firm
•High integrity and openness combined with a commitment to good governance
•Energetic, highly motivated, with an enquiring mind and passion for excellence
Preferred skill sets:
F&A
Years of experience required:
2-3years
Education qualification:
B.Com OR MBA Finance
Education (if blank, degree and/or field of study not specified)
Degrees/Field of Study required: Bachelor of Commerce, Master of Business AdministrationDegrees/Field of Study preferred:Certifications (if blank, certifications not specified)
Required Skills
FinanceOptional Skills
Desired Languages (If blank, desired languages not specified)
Travel Requirements
Not SpecifiedAvailable for Work Visa Sponsorship?
NoGovernment Clearance Required?
NoJob Posting End Date
About Company
PricewaterhouseCoopers (PwC) is a global professional services firm providing audit, tax, and consulting services. PwC helps organizations manage financial risks, comply with regulations, and improve performance through its expertise in industries like finance, healthcare, and technology.
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