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Financial Data Analyst Professional

2 weeks ago


Vadodara, Gujarat, India Collabera Full time

**Job Description:

Collabera is looking for a skilled Business & Financial Analyst to join our team. As a Business & Financial Analyst, you will play a critical role in supporting our business objectives by analyzing financial data, designing and implementing variable compensation plans, and collaborating with cross-functional teams.

You will be responsible for verifying and validating documents as per client compliance requirements and identifying any missing or incomplete documents resulting in non-compliance.

The ideal candidate will possess excellent accounting skills, analytical abilities, and strong communication skills to effectively interact with clients and internal stakeholders.

- Design and implement variable compensation plans aligned with business objectives.

- Analyze the effectiveness of existing compensation programs and provide recommendations for improvement.

- Collaborate with cross-functional teams to ensure compensation programs align with overall talent management strategy.

- Develop and manage annual budgets for variable compensation programs.

- Conduct market research and benchmarking to ensure 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 implementation of compensation programs.

- Continuously monitor and evaluate the effectiveness of compensation plans and make recommendations for improvement.

- Oversee reconciliation process for discounts and rebates claimed by clients.

- Analyze client discounts and evaluate their impact on gross margin.

- Assist senior management in developing pricing strategies in response to customers' RFPs.

- Conduct thorough analysis of client needs and objectives to develop pricing strategy accordingly.

- Understand the value of the service provided to the client and ensure pricing is competitive.

- Analyze team productivity to identify opportunities for streamlining business processes through automation and reducing manual efforts.

- Continuously seek feedback from team members and use it to improve processes and performance.

**Requirements:

  • Proficiency in MS Office products: Excel, Word, and Power BI.
  • Good accounting skills with analytical and problem-solving skills balanced with a creative mindset.
  • Attention to detail in various day-to-day activities.
  • Excellent verbal and written communication skills.
  • Desirable skills include SQL and data analytics.

**Benefits:

* Competitive salary and benefits package.

* Opportunities for professional growth and development.

* Collaborative and dynamic work environment.

* Recognition and rewards for outstanding performance.

**Note:

Please note that this job description may be subject to change based on business requirements.