The Job

Financial Analyst

Finance, Banking & Legal · Banking & Investments · Financial Analysis

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In short

Emerson is hiring a Financial Analyst for their Financial Services Group in Pune. This hybrid role involves managing monthly financial reporting, closing processes, revenue recognition, and performing variance analysis. The ideal candidate is a finance professional with 3 years of experience in FP&A, hands-on ERP experience (Oracle preferred), and a basic understanding of US GAAP.

Responsibilities

  • Manage the monthly reporting process, ensuring timely and accurate financial information.
  • Oversee monthly, quarterly, and annual financial closes.
  • Prepare daily/monthly flash for Orders and Sales.
  • Determine correct revenue recognition methods for projects.
  • Handle Revenue & COS Recognition in Oracle for projects.
  • Reconcile Control Accounts (WIP/UBR/UER) between sub-ledger and General Ledger.
  • Conduct month-end checks (EAC movements, Loss Accruals, Cost Corrections).
  • Manage pre-close accruals, re-class of timesheets, and time sheet analysis.
  • Perform project maintenance in Oracle, including closure, cost/revenue reconciliations, and clearance of differences.
  • Clear cost interface errors and PA module closure.
  • Review and validate foreign currency exposures monthly.
  • Generate project financial reports (ITD Invoice, Project Status Inquiry, etc.).
  • Reconcile backlog and report FX Backlog correctly.
  • Analyze WIP and UBR Aging.
  • Perform monthly variance analysis (GP Tracking).
  • Participate in the monthly forecasting (POR) process.
  • Support segment reporting (Product Group & KOB).
  • Prepare post month-end reports for Site & BU management.
  • Liaise with Business Unit Financial Analysts for financial details and variance explanations.
  • Support Annual Budgets, mid-year reviews, and Ops Reviews.
  • Support WIP Count & Inventory Analysis.
  • Assist with Annual Audits.
  • Participate in Project Reviews (Monthly and Quarterly).

Requirements

  • Finance Professional with up to 3 years of work experience in FP&A Domain.
  • Hands-on experience in ERP, MS Office, and reporting tools.
  • Self-starter with the ability to think creatively, driven, and self-motivated.
  • High standards of accuracy and highly organized.
  • Team Player.
  • Qualified Chartered Accountant, CMA up to 3 years of post-qualification experience in finance domain.
  • Basic understanding of Accounting Principles and US GAAP.
  • Excellent written and verbal communication skills.
  • System Knowledge of Oracle, Oracle SmartView.
  • Good Excel knowledge & presentation tools.

Desired Qualifications

  • Qualified Chartered Accountant, CMA up to 3 years of post-qualification experience in finance domain.
  • Basic understanding of Accounting Principles and US GAAP.
  • Excellent written and verbal communication skills.
  • System Knowledge of Oracle, Oracle SmartView.
  • Good Excel knowledge & presentation tools.

Benefits

  • Competitive compensation and benefits programs within industry and local labor markets.
  • Comprehensive medical and insurance coverage.
  • Work Authorization Sponsorship for foreign nationals.
  • Hybrid work setup promoting Work-Life Balance.
  • Safe Working Environment.
  • Ongoing development opportunities.
  • Competitive benefits plans, a variety of medical insurance plans, an Employee Assistance Program, employee resource groups, recognition.
  • Flexible time off plans, including paid parental leave (maternal and paternal), vacation, and holiday leave.
#Financial Analyst#FP&A#Oracle#Finance#Reporting#Reconciliation#US GAAP
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Company

Emerson

Job Posted

1 week ago

Employment Type

Full Time

WorkMode

Hybrid

Experience Level

Associate

Locations

Pune, India

Qualification

Bachelor

Applicants

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