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Finance Associate - Level II

2 - 7 years

4 - 9 Lacs

Posted:2 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Key Responsibilities:
  • Monthly Closing Activities & Variance Analysis: Perform monthly closing activities and variance analysis to ensure accurate financial reporting.
  • Inventory Management - Inventory Valuation, Inventory Aging , Excess & obsolete Inventory, Inventory Reporting
  • Product Cost Analysis & Reporting: Conduct product cost analysis and prepare related reports.
  • Manufacturing Cost Analysis: Analyze manufacturing costs to identify areas for improvement.
  • Audit Support: Assist in audit-related activities to ensure compliance and accuracy.
  • Expense Management: Analyze managed expenses to drive planned improvements, achieve stretch targets, and validate cost savings projects related to manufacturing expenses.
  • Financial Processes: Support daily financial processes, including purchase requisitions, invoice reconciliation, supplier payments, requests for checks, and addressing questions concerning monthly budget data.
  • Special Projects: Participate in special projects as assigned and perform ad hoc reporting requests as needed.
  • External Qualifications and Competencies
    Competencies:
    Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.Customer focus - Building strong customer relationships and delivering customer-centric solutions.Decision quality - Making good and timely decisions that keep the organization moving forward.Instills trust - Gaining the confidence and trust of others through honesty, integrity, and authenticity.Nimble learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.Values differences - Recognizing the value that different perspectives and cultures bring to an organization.Financial Analysis - Interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.Financial Reporting - Analyzes financial data by evaluating results and solutions to support business decisions; prepares and presents financial information by summarizing data to communicate results in compliance with regulations and stakeholder expectations; partners with stakeholders to drive financial performance that aligns to organizational goals and strategies.Education, Licenses, Certifications:
    ICWA Inter/CA Inter/MBA Finance & BCOM or M COM.Experience:
    2+ years of relevant work experience or intermediate-level knowledge obtained through education, training, or on-the-job experience.Additional Responsibilities Unique to this Position
    Additional Responsibilities:-

    Reporting:

  • Prepare basic reporting for management, including reviews for areas of emphasis and follow-up.
  • Analyze basic financial data to support departmental budgets and forecasts.
  • Explain expense variances and heighten spending awareness within the organization.
  • Load actual and forecast data into the financial system.
  • Financial Processes:

  • Support other daily financial processes required for purchase requisitions, invoice reconciliation, supplier payments, requests for checks, and questions concerning monthly budget data.
  • Participate in special projects as assigned and perform ad hoc reporting requests as needed.
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