Financial Business Analyst

4 weeks ago


SRP Group I, India Collabera Full time
Business and Financial Analyst Job Description

Collabera, a leading staffing firm, is seeking a highly skilled Business and Financial Analyst to join our team. As a Business and Financial Analyst, you will play a crucial role in driving business growth and financial success.

Key Responsibilities:
  • Verify and validate client documents to ensure compliance with client requirements.
  • Design and implement variable compensation plans to support business strategies and goals.
  • Analyze the effectiveness of existing compensation programs and recommend changes to improve performance.
  • Collaborate with other departments to ensure compensation programs align with the organization's overall talent management strategy.
  • Develop and manage the annual budget for variable compensation programs.
  • Conduct market research and benchmarking to ensure the competitiveness of compensation plans.
  • Communicate compensation plans and programs to employees and managers to ensure understanding and compliance.
  • Administer variable compensation plans, including bonus, stock option, and other incentive-based programs.
  • Ensure compliance with legal and regulatory requirements related to compensation.
  • Develop and deliver training and communications materials to support the implementation of compensation programs.
  • Continuously monitor and evaluate the effectiveness of compensation plans and make recommendations for improvement.
  • Oversee the reconciliation process for client discounts and rebates.
  • Analyze client discounts and evaluate their impact on gross margin.
  • Assist senior management in developing pricing strategies in response to customers' RFPs.
  • Conduct a thorough analysis of client needs and objectives and develop pricing strategies accordingly.
Requirements:
  • Proficiency in MS Office products, including Excel, Word, and Power BI.
  • Good accounting skills with analytical and problem-solving skills balanced with a creative mindset.
  • Excellent verbal and written communication skills.
  • Desirable skills include SQL and data analytics.
  • Minimum 1-2 years of relevant experience in accounting/audit/data analysis.
  • Bachelor's in commerce/BBA/Finance is essential. Master's or MBA preferred.

We are looking for a talented and motivated individual who is passionate about business and finance. If you have a strong analytical mind and excellent communication skills, we encourage you to apply for this exciting opportunity.



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