Product Specialist- Fund Transfer Pricing and Profitability Management

Highlight of the engagement opportunityNature of role: Full timeNumber of years of experience expected: 2-5 years Areas of past experience preferred: Business Unit Level Profitability Reports for Banks / Budgeting and Planning / Fund-transfer pricing (FTP) / Profit and Loss Statement/ Balance Sheet/ Finance Consulting for BFSI Educational qualification required: Bachelor’s degree in Commerce / Economics / Statistics / Mathematics Additional certifications required: Chartered Financial Analyst (CFA) / Chartered Accountant (CA)/ MBA (Finance) Preferred geography of previous work experience: India / Europe / APAC / US Language requirements: Ability to write and speak fluently in English Technology proficiency preferred: Python / Experience with accounting toolsSelection process:We seek to be transparent during the selection process. While the actual process may vary from the process indicated below, the key steps involved are as follows:Interview: There are expected to be at least 3-4 rounds of interviews. The number of interview rounds may increase depending on the criticality and seniority of the role involved.Final discussion on career and compensation: Post final selection, a separate discussion will be set up to discuss compensation and career growth. You are encouraged to seek any clarifications you have during this discussion.Key responsibility areas: Lead, manage and execute medium to large-scale system implementations in areas related to FTP, Cost and Income Allocation, Net Interest Income, Business and Unit level profitability, Planning, budgeting and forecasting etc. for banks, NBFCs, insurance companies and corporates across the globe Lead, manage and execute several internal development initiatives as per the development roadmap Acies TechWorks’s proprietary FCP and planning and budgeting application in areas related to FTP & profitability analysis, Cost allocation logics, forecasting, short- and long-term budgets, relevant MIS reports for analysis and management reporting Conduct and manage product demonstrations showcasing several functionalities of the application to several prospective and potential clients across the global BFSI industry Develop new application functionalities / features using python and usage of our proprietary no-code platform Revolutio basis the industry practices Test GUI flow and accuracy of developed functionalities / features across the application Conduct research on functional methodologies and design prototype models pertaining to industry prevalent methodologies on FTP, cost allocation, unit level profitability, forecasting, business budgeting, profit & loss statement, balance sheet and cash flow projections, stress testing models on liquidity management Lead and / or assist in drafting / enhancing existing product documentation and collateral such as business requirement documents, functional specification documents, user manuals, demo presentations, test case repository etc. Independently drive day-to-day execution of assigned client projects and internal development initiatives Independently lead and mentor a team of associates / developers on a day-to-day basisOther important information:Work permit requirements: Either Indian Citizen or having valid work permit to work in IndiaPeriod of engagement: Full-time positionProbation period: 6 monthsCompensation: Compensation varies depending on the skill, fitment and role played by the person. Compensation discussions will take place post the selection process.Performance incentives: Typically, all roles at Acies have a performance incentive. Specific aspects will be discussed during the compensation discussionLeave: 22 working days a year. Additional leaves for national holidays, sick leaves, maternity and paternity, bereavement and studies vary based on the city and country of engagement.Other benefits: Other employment benefits including medical insurance will be informed during the compensation discussion.Career growth for full-time roles: Acies believes in a transparent and data-based performance evaluation system. You are encouraged to clarify any questions you have with respect to career growth with Acies personnel you interact with during the selection process.Career opportunities for part-time roles: Conversion of part-time roles to full-time roles depends on both performance of the individual and business needs. You are encouraged to ask about the prospects as you interact with Acies personnel during the selection process.Global mobility: Acies encourages mobility across our offices. Such mobility is, however, subject to business needs and regulations governing immigration and employment in various countries.Preparation required:It is recommended that you prepare on the following aspects before the selection process: ▪Strong knowledge of unit level profitability, profit and loss statement, balance sheet and cash flow statement, ratios used across banks, fund transfer pricing, budgeting methods Basic / intermediate knowledge of Python and / or SQL Basic / intermediate functional understanding of banking products (Retail and Wholesale loans, Deposit profiles) Good proficiency in excel and powerpointNote: Looking for immediate joiners. Above JD is for a product team roleFor any additional queries you may have, you can send a LinkedIn InMail to us, connect with us at https://www.acies.consulting/contact-us.php or e-mail us at careers@acies.holdings.How to reach us:Should you wish to apply for this job, please reach out to us directly through LinkedIn or apply on our website career page - https://www.acies.consulting/careers-apply.html