Financial Analyst Controllership

Year    Bangalore, Karnataka, India

Job Description


Financial Analyst-ControllershipDescription -Applies advanced subject matter knowledge to solve complex business issues and is regarded as a subject matter expert. Frequently contributes to the development of new ideas and methods. Works on complex problems where analysis of situations or data requires an in-depth evaluation of multiple factors. Leads and/or provides expertise to functional project teams and may participate in cross-functional initiatives. Acts as an expert providing direction and guidance to process improvements and establishing policies. Frequently represents the organization to external customers/clients. Exercises significant independent judgment within broadly defined policies and practices to determine best method for accomplishing work and achieving objectives. May provide mentoring and guidance to lower level employees.CFR (Corporate Financial Reporting) is hosted in Worldwide Controllership Organization and is custodian of HP Inc. US GAAP Policy & Compliance with annual revenue of $60B+ globally.
The role involves collaborating with account management teams to guide on sales transactions & programs proactively so as to enable revenue recognition as soon as possible while remaining fully compliant with US SEC (Securities and Exchange Commission) and US GAAP (Generally Accepted Accounting Principles) requirements.The individual is expected to be the subject matter expert providing clear and final revenue recognition guidance for teams to follow. The role
includes providing leadership to regions & GBUs on key issues, project managing whitepapers, advising on emerging issues and ad hoc policy issues, working in conjunction with the business compliance team ensure HP policy and US GAAP has been properly implemented.Responsibilities:

  • Provides complex and occasionally highly complex financial analysis for a financial function or a business, typically exercising a strong understanding of the business to determine the best method for achieving objectives.
  • Consults with business leaders to guide and influence strategic decision-making within a broad scope.
  • Forecasts financial results within a broad scope.
  • Leads business initiatives, typically leading analysts across multiple sub-functions within finance.
  • Identifies opportunities for process improvement and policy development and engages in the design.
  • Represents the business unit during cross-regional or cross- functional planning processes.
  • Provides mentoring and guidance to analysts.
Education and Experience Required:
  • First level university degree with a focus in business or economics; advanced degree or accounting certification (e.g., Chartered Accountant (CA), Certified Public Accountant (CPA)) preferred.
  • Typically, 6+ years of experience as a financial analyst.
  • Typically experienced in more than one finance function.
Knowledge and Skills:
  • Excellent understanding of accounting principles and financial analysis, with advanced knowledge in one area.
  • Excellent analytical skills.
  • Excellent business application skills (e.g., Microsoft Excel).
  • Excellent communication and influencing skills.
  • Superior teamwork skills
  • Strong business acumen.
  • Good project management skills.
Critical Competencies to Drive Business Results:
  • Applies an understanding of United States (US) Generally Accepted Accounting Principles (GAAP), HP finance and administrative processes, systems, policies and procedures to maximize efficiency and effectiveness
  • Leverages available tools and technology to improve financial systems effectiveness
  • Understands and effectively applies process knowledge to drive operational excellence
  • Demonstrates the ability to leverage company business and financial data and systems to ensure quality of transactions
  • Accurately identifies and resolves sources of financial systems risks
  • Applies alternative future scenarios and their impact on the long-term business objectives
  • Attends to the most appropriate variables, inputs, and their relationships in a financial model, relevant to the business issue
  • Collaboratively and consistently applies regulatory accounting, tax, and legal best practices in all transactions
Specifically responsible for the following areas:
  • Technical accounting consultation and revenue guidance on complex customer contracts and business deals
  • Monitoring new accounting pronouncements and assisting in determining the related accounting, policy and reporting impacts
  • Maintaining upto date and comprehensive Revenue Recognition accounting policy in compliance with ASC 606
  • Analyzing material nonstandard contracts and providing accounting dispositions.
  • Supporting external auditors in their annual and quarterly revenue recognition audits
  • Maintaining compliance with internal control procedures surrounding revenue recognition accounting and policy, including preparation of documentation to support accounting and reporting position
  • Accounting review of emerging business models
  • Provide ongoing support and training to finance teams to enable them to be self-sufficient with their policy and process understanding
  • Influence and communicate to the wider community HP policy updates on a quarterly basis.
  • Supporting ad hoc initiatives, such as supporting acquired company policy integrations. These activities will involve leading and facilitating meetings (in a virtual environment) across multiple organizations, pro-actively identifying and solving problems, and giving mature and clear guidance to enable contract negotiation activity and month end close activities. This will include providing revenue recognition expertise in the above areas, facilitating audit activity, consulting on processes, and ensuring compliance with HP financial policies and procedures.
  • Consults with business leaders to guide and influence strategic decision-making within a broad scope.
  • Identifies opportunities for process improvement and policy development and engages in the design.
  • Ability to influence multiple organizations within a broad scope, typically interacting with directors and Vice President (VP)s
#Li-postJob - FinanceSchedule - Full timeShift - No shift premium (India)Travel -Relocation -Equal 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 youd like more information about HPs or your EEO rights as an applicant under the law, please click here:

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Job Detail

  • Job Id
    JD3467891
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year