Sr. Financial Planning Analyst

Basic Function

The Senior Finance Analyst within Wolters Kluwer FSS will support the Financial Manager in identifying financial strategic needs and directions for FSS. In addition, this individual will assist in driving the identification and articulation of business unit opportunities and challenges to optimize performance, contribute to strategic initiatives, and identify opportunities for improving financial performance.

He/she will provide analytical and strategic support to align BU efforts towards developing and implementing Cost Management actions and Business Cases to optimize operational and financial efficiencies. Maintain and create early indicators for risks and opportunities.

Concentrated efforts in these areas will help support the Business Unit Finance Teams in all FP&A including Financial Planning, Financial Reporting & Financial Analysis. The position will support the team to manage and report the annual budget, monthly and quarterly analyses updates to Outlook and LEs (Latest Estimates), and the 3-year Vision and Strategy Process (VSP). In addition, this person will take on ad-hoc analyses as required. Reporting on BU performance on revenue and revenue drivers across these metrics would be a key aspect for this role.

Essential Duties and responsibilities

• Decision support including, data preparation, financial rules building, data transformation, & report generation
• KPI Measurement & reporting
• Carryover Impact assessment and tracking
• Simplify, Optimize, Automate, and create insightful dashboards using Visualization Tools
• Capable of independently driving finance business partnerships and collaborating confidently with senior management in an organized manner.
• Cost Controlling and Cost Center/IC Recharge Management:
• Data Analysis helping to understand capacity and volume impacted by customer behavior, (e.g., revenue/volumes by customer segment, product usage behavior, and seasonal variances); Identifying the co-relation of volumes with variable cost; temp help; Overtime cost.
• Preparations of forecast models bases on past trends, vendor invoices, volumes.
• Assists in the identification and articulation of business unit opportunities and challenges in order to optimize business unit performance by continually reviewing and analyzing financial and operations data to model trends, identify relationships or spot opportunities; testing hypotheses and alternatives to find the optimal solution; collaborating with other leaders to identify new business models, workflows, and assisting with building the business case for needed investments and strategic plans to deliver planned results.
• Represents Wolters Kluwer by developing and maintaining comprehensive knowledge of Wolters Kluwer products, industry trends and general business and financial acumen through various sources and initiatives; communicating in a professional, compelling, and articulate manner of speech, writing and formal presentation; behaving in ways that demonstrate corporate core values and culture; developing professional and positive relationships with customers and colleagues; and maintaining a reputation of competence, integrity and professionalism.
• Coordinating with the accounting team to ensure accurate intercompany cost recharges to business units.
• Creation and management of cost centers, including the establishment of allocation methodologies.

Other Duties

• Collaborate with the Financial Manager at Wolters Kluwer FSS to identify financial needs and strategic directions for the organization, focusing on optimizing performance and driving strategic initiatives.
• Aid in identifying business unit opportunities and challenges to enhance overall performance, contributing to strategic initiatives, and improving financial outcomes.
• Support Business Unit Finance Teams in Financial Planning and Analysis (FP&A), including tasks related to Financial Planning, Financial Reporting, and Financial Analysis.
• Manage and report on the annual budget, while providing regular updates through monthly and quarterly analyses like Outlook and Latest Estimates (LEs) and contributing to the 3-year Vision and Strategy Process (VSP). Additionally, conduct ad-hoc analyses as required.
• Emphasize reporting on Business Unit performance, focusing on revenue and the various metrics driving revenue as a critical aspect of the role.

Job Qualifications

Education: 

• Minimum: Bachelor’s degree in finance accounting, or economics or data analytics or 4 years of experience in finance, accounting, or consulting role

• Preferred: Master’s Degree/MBA in finance, accounting, or economics or data analysis with 4 years of experience in finance, accounting, or consulting role

Experience, Knowledge, and Tools:

Minimum Experience/Knowledge: Finance, accounting, or consulting experience, including:

• Finance Decision Support. 
• Knowledge of ERP
• Data Analysis
• KPI Development, Maintenance and Reporting
• Financial analysis, forecasting and business performance modelling.
• Reporting: cash flow, profit, and loss, and ad hoc.
• Expert in MS Office products, especially Excel and PowerPoint

Technical Skills

• Expert in MS Office, especially Excel and PowerPoint.
• Advance Excel formulas with ability to handle large data set (Nested if, Index match, Macros)
• Familiar with Analytical and statistical techniques (e.g., regression), SAS/R, Python, Time Series, Regression Analysis will be an added advantage.
• Proficient in any Visualization tools like Power BI/Tableau etc.
• Good to know SQL queries; understanding of SQL Databases and Data Structures
• Hyperion usage and familiarity.
• Exposure to Tagetik, Care20
   

Travel requirements

Minimal travel might be required.

Physical Demands

Minimum 2 days working from office (Pune-Kalyani Nagar).