Financial analyst

Financial analyst

HP Development Company, L.P.

HP Development Company, L.P.

Bangalore, Karnataka, India

Experience :

Closes on :

Jan 11, 2025

Job Description

Job Description

Financial Analyst - Asset recoveryDescription -Asset RecoveryHP Inc Asset Recovery professionals provide a full range of multidimensional and complex assessments & reviews, consulting, financial advisory, risk management, compliance & tax reviews, process improvements, process reengineering etc. with a view to improve the bottom line of the company.Inhouse and external process specialists allows the Asset Recovery team to provide best in class services to both our internal and external stakeholders. Comprehensive Procure to Pay and Order to Cash process knowledge coupled with access to data places us in a unique position, with the ability to map end to end process, provide significant analytical insights, suggest process standardization & automation, and most importantly identify financial leakages within these functions.Asset Recovery's purpose is associated with making an impact that matters to the Business - direct bottom-line savings. Our multi-layered analytics approach across our extensive spectrum of services enables us to help our clients improve their processes and become front-runners wherever they choose to compete. Constant innovation and improvising audit strategies to meet QoQ Financial goals keeps an Asset Recovery professional looking for greenfield projects and new initiatives every Quarter.We are committed to investing in our people and empowering them to achieve more in a dynamic and intricate business environment.Roles & ResponsibilitiesEngage with vendors / partners to track and ensure compliance in financial and physical claims.Conducts reviews without supervision using client data to identify errors and recover.Analyses and assesses problems regarding business claims procedure and business operations based on appropriate accounting and financial manuals.Utilizes appropriate concepts and proprietary tools/reports to conduct reviews by examining financial data.Structured and organized, able to quickly build detailed review plans and meeting cadences to drive teams to exceed financial objectives.Review complex transaction structures to determine the tax treatment of transaction costs in accordance with tax laws.Ability to quickly learn Asset Recoveries reporting & analytics requirements including methodology, transactions and closing processes.Reviews of contracts, statements, quotes, claims and electronic documents to design recovery methodologies.Provides direction, job shadowing and training to less experienced staff.Recommends to management, opportunities to expand existing Asset Recovery Reviews.Provides insight and recommendations for process improvements; may work with IT/BU's and finance to implement process fix.Self-motivated to improve standards and identify opportunities to advance knowledge and skills of self and team. Ability to train, motivate and manage less experienced analysts.Develops and executes strategies for process automation, monitoring, and conversion.Identify, manage and monitor the risks in finance processes through transformative and agile approach including process and procedures, data modelling and analytics.Review tax filings, transaction agreements, and tax returns to understand the transaction and resulting tax implications.Identify technology improvements that can improve efficiency, increase recoveries and generate cost savings.Proven skills on report automation, preparing dashboard and presentation.Skillset Requirements:Knowledge of and experience in audit, project controls and/or estimating, accounting techniques are required. Additionally, excellent interpersonal, communication and presentation skills will be an addonBasic understanding of the recovery reviews and cost savings. Has financial business acumen, E2E knowledge of P2P, O2C, Contra and Procurement functions common business practices and contract language.Proficient with Microsoft Office programs including Excel, Access, and PowerPoint (able to create pivot tables, queries, etc)Works effectively under pressure and rises to challenge - Recovers quickly from setbacks without losing momentum.Excellent spoken and written communications skills. Experience with reportingWorking knowledge on SAP S4 Hana, Ariba, Oracle, P360, Orion, Power BI will be an added advantage.Strong strategic thinking and business acumen, with the ability to align process strategies with overall business goals and recovery objectives.Agile and adaptable, thriving in a fast-paced and constantly evolving environment.Background in understanding and assessing operational processes and internal controls, including identifying breakdown and recovery opportunities and defining practical recommendations for improvement.Professional finance or accounting qualification (PMP, CFE, CMA,etc) would be an added advantageCandidates with experience in Big 4 Audit firms will be an added advantage.Education and Experience Required: Bachelor's degree or above in finance, accounting, economics, business, management, related disciplinesTypically, 9+ years of work experience.Typically, 6+ years' experience in an accounting environment and/or Finance Strategies or Financial Service Delivery, Financial Planning & Analysis and/or Finance or Service Operations.Job -FinanceSchedule -Full timeShift -No shift premium (India)Travel -NoRelocation -NoEqual Opportunity Employer (EEO) - HP, Inc. provides equal employment opportunity to all employees and prospective employees, without regard to race, color, religion, sex, national origin, ancestry, citizenship, sexual orientation, age, disability, or status as a protected veteran, marital status, familial status, physical or mental disability, medical condition, pregnancy, genetic predisposition or carrier status, uniformed service status, political affiliation or any other characteristic protected by applicable national, federal, state, and local law(s).Please be assured that you will not be subject to any adverse treatment if you choose to disclose the information requested. This information is provided voluntarily. The information obtained will be kept in strict confidence.If you'd like more information about HP's EEO Policy or your EEO rights as an applicant under the law, please click here: Equal Employment Opportunity is the Law Equal Employment Opportunity is the Law - Supplement

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