Financial Planning And Analysis Specialist

Time slot 12 PM to 9PM

Summary

This position needs to support financial planning and analysis for the IT function, focusing on both operational and capital expenditures. This role will play a key part in Budgeting, Forecasting, Accruals (BAF), variance analysis, and strategic financial reporting, while closely partnering with the IT leadership team to drive visibility, accountability, and efficiency across global technology investments.

Responsibilities

• Budgeting & Long-Term Planning:
• Prepare and maintain the annual IT Opex and Capex budgets, aligning with corporate financial goals.
• Develop the Long-Range Plan (LRP) and annual Operating Plan, incorporating ITs strategic roadmap.
• Forecasting & Estimates:
• Forecast expenses across various cost drivers and capital projects, incorporating inputs from IT stakeholders.
• Prepare Latest Estimates (LE) on a quarterly basis to track progress against budget and initiate corrective actions when necessary.
• Actuals Tracking & Accruals:
• Monitor monthly actuals and perform variance analysis to explain deviations from forecasts and budgets.
• Calculate and record monthly accruals for Opex and Capex based on contract terms; prepare accrual journal entries for the GL accounting team.
• Identify contracts that meet prepaid criteria, and ensure they are amortized accurately based on service periods.
• Cost Allocation & Governance:
• Allocate globally incurred IT costs to appropriate regions or business units using predefined allocation metrics and business rules.
• Ensure compliance with internal financial policies and accounting standards.
• Business Partnering:
• Collaborate with IT leadership to understand key spending drivers and ensure forecasts are aligned with business priorities.
• Act as a trusted advisor to the IT function, providing financial insights and supporting strategic initiatives.
• Reporting & Insights:
• Develop and deliver financial presentations and reports that offer deep insights into cost trends, drivers, savings opportunities, and changes from prior forecasts.
• Provide analysis to support decision-making, vendor negotiations, and resource allocation. Identify opportunities for process improvements
• Assist in the formation of internal controls and policies.

Technical skills:

• Analytical tools: Advanced use of Microsoft Excel (Pivot, VLOOKUP, etc.)
• Advance Power-point skills
• Business Intelligence / Visualization tools (preferred): Tableau, Power BI, or similar tools

Education, Experience & Skills

• Any Graduate ; preferably PG:

  MBA/PGDM in Any Specialization
• Must have experience of 4- 8 yrs in Financial Planning and Analysis (FP&A) role in MNC supporting multiple geographical locations.
• Strong business acumen and understanding of financial metrics.
• Effective communication and presentation skills.
• High adaptability to changing business needs and priorities
• This role requires business the ability to manage data, excellent Excel skills, good analytical skills, clear and decisive communication between Bridgewater, Ireland and India team members.
• Must have ability to work independently, self-initiated multi coordination, and the ability to multi-task.
• Must be organized, detail oriented and able to work under pressure and meet deadlines.