Financial Analyst

4 weeks ago

Bengaluru, India Assurant Full time

Financial Analyst, GCC-Assurant
Financial Analyst supports operational and financial effectiveness by leveraging activity-based costing methodologies to analyze and improve business performance. This role is responsible for extracting and analyzing financial and operational data from various systems, with a focus on resource tracking and reporting.

This position will be in Bangalore, Chennai, Hyderabad at our India location.
What will be my duties and responsibilities in this job?

  • Develop and maintain reports to support forecasting, trend analysis, and performance evaluation.
  • Utilize software tools such as Excel, Access, and other databases to compile, manipulate, and format financial and operational data.
  • Identify, investigate, and resolve discrepancies in financial, accounting, and data quality.
  • Analyze financial and operational data to assess historical performance and project future outcomes; provide recommendations for budget adjustments and cost-saving opportunities.
  • Perform statistical, cost, and financial analyses using data from various internal systems.
  • Recommend and implement process improvements to enhance operational efficiency.
  • Participate in operational meetings to gather insights and support management in evaluating business decisions.
  • Apply critical thinking to challenge assumptions, identify root causes, and propose innovative solutions.
  • Assist operational teams in preparing and managing their budgets.
  • Analyze monthly operating variances and summarize key business metrics, comparing actual results to forecasts and plans.
  • Prepare and distribute month-end, quarter-end, and year-end financial reports to relevant stakeholders.
  • Conduct cost-benefit analyses for projects and initiatives to support strategic decision-making.

What are the requirements needed for this position?

  • Bachelor's degree in Business, Finance, Accounting, or Information Systems
  • Minimum of 2 years of experience in financial analysis, including budgeting, forecasting, and data interpretation
  • Advanced proficiency in Microsoft Excel and Access
  • Strong analytical and problem-solving skills
  • Excellent attention to detail and accuracy in data handling
  • Ability to communicate complex financial information clearly to non-financial stakeholders

What other the Preferred Experience, Skills, and Knowledge?

  • Experience with activity-based costing or resource tracking methodologies
  • Familiarity with financial systems such as SAP, Oracle, or similar ERP platforms
  • Experience working in a shared services or multi-site operational environment
  • Knowledge of financial reporting standards and variance analysis
  • Ability to manage multiple priorities and meet tight deadlines
  • Strong interpersonal skills and ability to collaborate across departments
  • Experience supporting international operations or working in a global organization

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