Finance Planning & Analysis - Federation CFO Analyst - Bengaluru

MORE ABOUT THIS JOB

Goldman Sachs

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Bangalore, Hong Kong and other major financial centers around the world.

Divisional Overview

Finance Planning & Analysis ("FP&A") partners with firm and divisional leadership to understand and manage risks and create solutions through quantitative analysis, projecting and forecasting. We are responsible for firmwide business planning and transformation initiatives. The business planning function collaborates with groups across the firm to develop and manage the firm's forward looking strategic and financial plans, including the firm's P&L and financial resources. We identify Key Performance Indicators ("KPIs") and measure the firm's performance against these metrics. FP&A is also charged with executing initiatives to transform, streamline and innovate business processes across the firm. These initiatives focus on the availability and reliability of financial information for internal stakeholders.

FP&A is responsible for effectively managing the firm's forward-looking business planning and strategic transformation initiatives. Our team collaborates with each of the firm's businesses, Controllers, Corporate Treasury, Risk, among other groups at the firm, to gain the expertise required to provide critical analysis to project and forecast financial results. We use our expertise to execute strategic initiatives to provide internal clients, such as firm and divisional leadership, access to financial information more efficiently and effectively. Professionals in the Finance division have an analytical mindset, exhibit intellectual curiosity and are from diverse academic backgrounds.

RESPONSIBILITIES AND QUALIFICATIONS

Role Overview

This role sits within FP&A (Divisional CFO). The sub-business unit Engineering CFO office manages Engineering divisions' total spend include compensation and non-compensation spend. The team manages the divisions' spend, governance, reporting and analytics, budgeting and re-forecasting in alignment to firm's strategic plans. The role requires collaboration with different functions and divisions across the firm on a regular basis, an ability to work independently and ability to interact with senior professionals in other planning areas. It also entails in-depth analysis and reporting for senior management decision making, therefore, eye to detail is a prerequisite for this role. The candidate is required to work with counter parts across regions on projects and reporting. Should have excellent verbal and written communication skills. Job Responsibilities will include, but not limited to:

• Managing engineering divisions spend line item including full ownership and accountability of the of the spend which would include month end reviews, quarterly and yearly analysis
• Collaborate with divisions and groups across the firm on a regular basis to analyze and strategies the engineering spend
• Prepare budget and take full ownership of the budgeting and re-forecasting cycles and independently work on driving the material and presentation materials for senior leadership
• Forecasting exercises including collaboration with different teams within the engineering division and other divisions
• Leading the team's efforts to identify areas where we can better leverage technology and automate processes
• Preparation and analysis of reports related to allocation of various expenses to different businesses and identifying areas to better leverage tools to ensure correctness of cost allocation
• Leading the team's efforts to do in-depth variance analysis of any deviation from previous budget/ actuals of various expense lines
• Support the team to collaborate with businesses, estimate the expenses and its allocation to producing divisions monthly
• Identifying potential areas to create operational efficiencies and automating manual processes.
• Ensuring correctness of General Ledger by monitoring month end closure activities/entries.
• Managing departments globally and collaborate various teams to identify areas for simplifying the organization structure of the division
• Preferably a Chartered Accountant or MBA or similar degree with excellent academic record
• Excellent communication and interpersonal (written and verbal) skills
• Attention to Detail
• Ability to lead assignments to completion
• Ability to multi-task & deliver under pressure
• Solid work ethic and high levels of motivation