Financial Analyst at Ascentech Services Limited

Industry: FMCG – Appliances (White Goods)

Responsibilities

• Employee Motivation & Team spirit: Developing skill sets of team members and initiating external intervention if required.
• Budget and Costing: Lead, plan, process, and manage short/long term forecasts and annual budget.
• Reports and Reconciliation: Report to the CFO with timely and accurate financial information.
• Statutory Compliance and Tax: Interface with the auditors, tax authorities, banks and regulatory agencies.
• Cost Control, Cash Flow Management & Administration: Plan, implement and manage CAPEX with payback analysis, OPEX budget and Cash flow forecast.
• Understanding the business dynamics.
• Availability of right data.
• Usage of the ERP for reports.
• Consolidate and analyze financial data (budgets, income statement forecasts etc.) taking into account company’s goals and financial standing
• Provide creative alternatives and recommendations to reduce costs and improve financial performance
• Conduct business studies on past, future and comparative performance and develop forecast models
• Identify trends, advise company and recommend actions to a senior financial analyst based on sound analysis
• Track and determine financial status by analyzing actual results in comparison with forecasts
• Reconcile transactions by comparing and correcting data
• Consult with management to guide and influence long term and strategic decision making within the broadest scope

Requirements

• HND/B.Sc./MBA degree in Finance, Economics or related field
• 11-15 years’ experience as an Accountant in an FMCG company
• Proficient in spreadsheets, databases, MS Office and financial software applications
• Hands on experience with statistical analysis and statistical packages
• Should have basic MIS knowledge
• Outstanding presentation, reporting and communication skills
• Proven knowledge of financial forecasting and diagnosis, corporate finance and information analysis
• Well informed in current financial subjects, accounting, tax laws, money market and business environments
• Experience with general ledger functions