Senior Financial Analyst

About Us:

The Role

• Collaborate with the Financial Manager at Wolters Kluwer to identify financial needs and strategic directions for the organization, focusing on optimizing performance and driving strategic initiatives.
• Aid in identifying business unit opportunities and challenges to enhance overall performance, contributing to strategic initiatives, and improving financial outcomes.
• Provide analytical and strategic support to align Business Unit efforts towards various processes in Customer Lifecycle Management, such as New Sales and Pipeline Reporting, Customer Onboarding tracking, renewal management, pricing, retention, and risk management.
• Develop and maintain revenue models encompassing the aforementioned areas, creating early indicators for both risks and opportunities.
• Support Business Unit Finance Teams in Financial Planning and Analysis (FP&A), including tasks related to Financial Planning, Financial Reporting, Headcount management and Financial Analysis.
• Manage and report on the annual budget, while providing regular updates through monthly and quarterly analyses like Outlook and Latest Estimates (LEs) and contributing to the 3-year Vision and Strategy Process (VSP). Additionally, conduct ad-hoc analyses as required.
• Emphasize reporting on Business Unit performance, focusing on revenue and the various metrics driving revenue as a critical aspect of the role.

Key Responsibilities

Revenue Management

• Analyze and monitor revenue streams across various customer segments and product lines.
• Utilize data analysis to understand and forecast revenue trends, identifying opportunities for growth and improvement.
• Support pricing strategies and tactics to optimize revenue and market competitiveness.
• Collaborate with sales, marketing, and finance teams to align revenue goals with business strategies.

Pricing

• Lead and manage all pricing-related activities, including the annual price increase process, development of pricing analytics and insights, validation of pricing accuracy across systems, and ensuring alignment with internal policies.
• Close collaboration with Sales, Legal, and cross-functional stakeholders to support strategic pricing decisions, maintain compliance, and drive margin optimization
• Support strategic pricing projects from plan to completion, including annual price increases.
• Participate in and drive results for cross-functional projects involving pricing topics, such as new product launches, go-to-market strategies, and customer negotiations.

Mentoring

• Able to coach team and handle complex finance projects individually.

Financial system

• Understanding of existing financial reporting systems and assisting in the migration to new applications

Planning & Forecasting

• Drive the end-to-end financial planning process including budget, forecast, and outlook cycles by partnering with business stakeholders to ensure timely and accurate financial submissions.
• Ensure consistent alignment of financial data, models, and planning logic within Tagetik by maintaining system accuracy, integrating business inputs, and driving continuous improvements in planning workflows.
• Perform rigorous validations of forecast outputs, scenario analysis, and variance drivers to ensure data integrity, identify key trends, and support informed decision-making.

Business Performance Enhancement

• Contributing to identifying business unit opportunities and challenges for enhanced performance. Collaborating with leaders to identify new business models and workflows, contributing to building business cases for necessary investments and strategic plans.

Cultivating Expertise and Upholding Corporate Integrity

• Representing Wolters Kluwer by actively developing comprehensive knowledge of products, industry trends, and business and financial acumen. This includes effective communication in various formats, upholding corporate values, fostering positive relationships with customers and colleagues, and maintaining a reputation for competence, integrity, and professionalism.

Education:

• Minimum: Bachelor's degree in finance accounting, or economics with 4 years of experience in finance, accounting, or consulting role

• Preferred: Master's Degree/MBA in finance, accounting, or economics or data analysis with 4 years of experience in finance, accounting, or consulting role

Experience, Knowledge, and Tools:

• Finance Decision Support.
• Knowledge of Tagetik
• Data Analysis
• Understanding of pricing related analytics
• Collaboration with Sales team
• KPI Development, Maintenance and Reporting
• Financial analysis, forecasting and business performance modelling.
• Support development of competitive pricing strategies.
• Expert in MS Office products, especially Excel and PowerPoint

Preferred Knowledge:

• Knowledge of SQL queries understanding of SQL Databases and complex Data Structures
• Hyperion usage and familiarity.
• Advance Excel formulas with ability to handle large data set (Nested if, Index match, Macros
• General understanding of any Visualization tools like Power BI/Tableau etc Microsoft Access

Physical Demands

Minimum 8 days working from office (in a month) (Pune-Kalyani Nagar).