3+ Analysis of variance Jobs in India
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Required Skills: Financial Analysis & Reporting, Forecasting, Budgeting & Financial Modelling, Analytical & Problem-Solving Skills, Cross-Functional Collaboration, Detail Orientation & Adaptability
Review Criteria
1. Candidates must be from good renowned Startup environments, (Profiles from big consulting firms will not be considered).
2. CA Candidates are not applicable for this role.
3. Need candidate from Tier 1 and Tier 2 colleges only.
4. 2–3 years of hands-on experience in Financial Analysis / FP&A
5. Strong proficiency in Financial Modelling, forecasting, budgeting, and variance analysis
6. Experience preparing financial reports, presentations, and management dashboards with Advance Excel skills.
7. Strong attention to detail with high accuracy in analysis and reporting
8. Strong problem-solving skills and ability to recommend practical solutions on different Scenarios.
9. Candidate should be good in Cost Management.
Description
Job Title: FP&A
We are seeking a highly skilled and detail-oriented individual to join our team as an FP&A (Financial Planning and Analysis) Analyst based in Gurgaon, India. As an FP&A Analyst, you will be responsible for providing financial analysis, forecasting, and budgeting support specific to our operations. Your role will involve analyzing financial data, identifying trends, and providing valuable insights to drive strategic decision-making and improve financial performance of the operations. The ideal candidate possesses strong financial acumen, exceptional analytical skills, and strong communication skills.
Responsibilities:
1. Financial Analysis: Conduct comprehensive financial analysis specific, including variance analysis, profitability analysis, and key performance indicators (KPIs), to identify trends, patterns, and areas of improvement.
2. Forecasting and Budgeting: Collaborate with cross-functional teams to develop accurate financial forecasts and budgets, considering local market dynamics, and business objectives. Monitor and track actual performance against forecasts and budgets, highlighting any significant deviations.
3. Financial Modelling: Develop and maintain financial models specific to support strategic initiatives, investment decisions, and scenario analysis. Utilize appropriate tools and methodologies to ensure accuracy and reliability.
4. Reporting and Presentations: Prepare and present financial reports, dashboards, and presentations specific to senior management and key stakeholders. Communicate complex financial information in a clear and concise manner, to facilitate informed decision-making.
5. Business Partnership: Collaborate closely with Indian business units and functional teams to understand their financial needs and provide analytical support tailored to the local context. Offer insights and recommendations to drive cost optimization, revenue growth, and operational efficiency.
6. Process Improvement: Identify opportunities to enhance financial planning and analysis processes, tools, and methodologies. Implement improvements to streamline workflows, increase efficiency, and enhance data integrity.
Qualifications:
1. Education: Bachelor's degree in Finance, Accounting, Economics, or a related field. Advanced degree (MBA, CFA, or similar) is a plus.
2. Experience: 2-3 years of experience in financial analysis, FP&A, or a related field.
3. Analytical Skills: Excellent quantitative and analytical skills with the ability to interpret and manipulate complex financial data. Proficient in financial modelling and advanced Excel functions.
4. Business Partnership: Demonstrated ability to collaborate effectively with cross-functional teams in India and build strong relationships with stakeholder’s Strong communication and presentation skills tailored to the Indian context.
5. Attention to Detail: Meticulous attention to detail to ensure accuracy and reliability of financial analyses and reports specific to India.
6. Problem-solving Abilities: Proactive problem-solving skills with the ability to identify issues, analyse alternatives, and recommend practical solutions in the Indian market context.
7. Adaptability: Ability to work in a fast-paced, start-up environment
- Recording financial transactions in the books of accounts, maintained by cost centers.
- Preparing budgets, monitor expenses with respect to budgets, and performing variance analysis and cost control
- Maintaining receivables and payables and coordination with vendors, line managers and employees.
- Performing funds planning and cash flows, including liaison with banks/ legal/ tax/ other external agencies
- Preparing MIS reports for senior management.
- Ensuring timely actions and alerts on important business activities
- Coordinating with candidates for recruitment, joining and induction.
- Assisting employees in their issues related to their employment.
- Facilitating organizing of internal and external meetings, workshops and events, including logistics
- Any other task required to fulfil the responsibilities of the role.
What you need to have:
- Commerce Graduate or Post Graduate
- At least 3 years of experience in Accounting and Administrative roles
- Experience in Accounting / Audit / Tax Advisory
- Preferably from Dot Com/ Online media/ Internet/ eCommerce
- Managing and supervising senior and junior accountants' and colleagues' work, and to ensure that deadlines for clients are met at all times.
- Preparing financial statements like Trial Balance, Profit and Loss account and Balance sheet for all the clients in Tally and Excel.
- Preparation of accounting filings and qualification documents for licenses and compliances.
- Computation of and payment/filing of returns for Advance Tax, TDS, Professional Tax and GST
- Maintaining accounting ledgers and bank account reconciliations in Tally.
- Preparating cash flow / customised MIS for clients
- Handling cash-related transactions and structuring of transactions.
- Preparing reports & statements, providing necessary documents while Scrutiny / Assessment of Income Tax, Sales Tax, Service Tax etc.
- Finalizing of accounts and making necessary payments for statutory and applicable taxes.
- Preparing provisional balance sheet & P&L a/c for a period of three / five years to generate the estimated/ expected revenue earning or the financial position ahead for companies applying for Project finance and startup investments also.
- Ensuring that all the client data is updated on timely basis
- Coordinating with clients and solving their queries
- Tracking client deadlines and making sure that they are always met
- Supervising senior & junior staff and colleagues to ensure deadlines are always met
- Researching answers to questions when you are not clear about the correct answer and drafting responses
- Giving proper updates to clients and following up with them
- Filing for incorporation of new business structures like private limited company, OPC, LLP, partnership firm, etc.
- Preparing agreements and documents related to the company formation or amendment in company details.
- Passing of Board Resolutions for any changes in the company directors/ Shareholders
- Carrying out the procedure of share transfer / issue of shares etc
- Preparing TDS working sheet as per TDS chart rates
- Making online payment through internet banking
- Filing TDS returns including reconciliation via TRACES, issuing certificates and coordinating the same with other companies and individuals.
- Preparing the GST working on monthly basis after calculation for GST receivable and payable from different type of customers / Vendors thoroughly and filing of returns through portal on a monthly and quarterly basis.
- Calculating monthly Professional Tax as per eligibility.
- Checking and verifying all vouchers of purchase, sales, receipts, payment and Journal entries for Internal audit till finalization and submission of relevant taxes.
What you need to have:
- 5 - 6 years of experience post CA qualification.
- Highly knowledgeable in accounting and taxation practices.
- Knowledge of all GST rates applicable for all types of services and products.
- Experience in International indirect tax filings.
- Working of TDS on salary of employees
- E-payment of PTRC & PTEC & PTRC yearly professional tax returns with sales tax site (Form IIIB).
- Experience with tax planning for individual, corporate, and partnership tax returns.
- Must have excellent communication skills - both verbal and written
- Organized, dedicated and self-driven
- Strong administrative skills
- Ability to delegate and supervise junior staff
- Ability to meet strict deadlines
- Should be able to prioritize and make decisions
- Professional and trustworthy
- Considerate and cooperative to clients as well as team members
- TOOLS - Tally, ERP Package, GSuite
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