Nomura Overview:
Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com .
Nomura Services, India supports the group s global businesses. With worldclass capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group s global operations.
At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been wellrecognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.
Divisional Overview:
Powai Finance is an integral part of the CFO division and plays a key role in various Finance functions ranging from Treasury, Global Middle Office, Financial Control & Regulatory Reporting, Global Infrastructure, Cost Analytics and MI. Located strategically to cater to multiple time zones, Powai Finance ensures internal and regulatory deliverables across all regions are supported.
Business Overview:
CMA team in Mumbai is an extension of the Global CMA team providing Analytical and Quantitative Support to the onshore teams. Team caters to Monthly book closure as well as MIS requirements of senior management across Nomura Group (Retail, Wholesale, Corporate divisions) and regions (Japan, AeJ, EMEA and US). Team is responsible for monthly and quarterly reporting of Revenues, Expenses and other financial resources.
Within CMA, Cost Control team caters to month end close and MIS requirements and provides Cost analytics to senior management of Nomura Group division across all regions. The team is comprised of dedicated regional groups based in Powai supporting Global stakeholders in Europe, AsiaEx, Japan and US.
Position Specifications:
Corporate Title
Associate
Functional Title
Manager
Experience
57 Years
Qualification
Postgraduate / MBA / CA / M.Com
Requisition No.
10535
Role & Responsibilities:
- Support Cost Management & Analytics team in managing month end close, accrual, prepayment journals and cost allocation across regions and functions as well as for business
- Review and analyse expenses to identify any potential error or inaccuracies and drive corrections and adjustments
- Build / enhance control and governance within each process to ensure accuracy and completeness
- Reporting key financials, producing key analytics and insightful commentaries
- Responsible for Intercompany accounting, invoicing and settlement and account verification sign offs.
- Involve in budgeting and forecast exercise, providing OnDemand ad hoc analytics
- Reengineer existing processes and report enhancements through system changes or process refinements to drive efficiency, governance and transparency
- Assisting in projects at company or group level and drive completion and implementation
- Maintain and review SOP s and ensure they are updated at all times
- Performing deep dive variance analysis for Corporate and Business, including allocations to provide meaningful insights to business
- Involve in budgeting and forecast exercise, providing OnDemand ad hoc analytics
- Prepare presentations, reports as per management requests
Mind Set:
Mandatory
Desired
Domain
Strong Accounting and Analytical skills
Understanding of Cost Analytics
Problem solver and ability to work independently
Financial services industry exposure
Basic Understanding of Investment Banking Products
Responsible for driving process improvements
Proficiency in data interpretation and analysis
Technical
Prior experience in cost allocation procedure
Strong MS Excel and VBA
Identifies and pursues innovative business initiatives that provide material contribution
Experience on Hyperion application preferred but not mandatory
Nomura Leadership Behaviours:
LeadershipBehaviours
Description
Element
Exploring Insights & Vision
Comprehensively analyse the nature
of the problems we face and set our focus toward the future vision
- Gather Intelligence
- Create a vision
- Identify an issue
Making Strategic Decisions
Analyse options and feasibility to resolve issues, in making
judgments and recommendations
- Identify countermeasures
- Assess feasibility
- Make a judgment
Inspiring Entrepreneurship in People
Promotes the vision and goals to others in such a way that inspires commitment and independent contributions
Elevating Organizational Capacity
Maximize organizational productivity through leadership development and
engagement
- Have an ownership in own development
- Support other s growth
- Encourage organizational growth
Inclusion
Respect diverse perspectives and
promote psychological safety and the creation of a risk culture
- Foster psychological
safety - Encourage the active
participation of all talent - Foster a risk culture
The firm is an equal opportunity employer, and we
are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees.
The firm and its affiliates
prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.
