E-mail: careers@shreeconsultants.in

Interview location:  chennai

Work location:  chennai

Key responsibilities:

Financial analysis:

• Analyse financial data, including income statements, balance sheets, and cash flow
• Identify trends, anomalies, and opportunities for cost reduction.
• Prepare financial reports and presentations to communicate findings to management.

Cost cutting strategies:

• Collaborate with cross-functional teams to develop cost-cutting strategies.
• Conduct cost-benefit analysis to evaluate the potential impact of proposed cost-saving initiatives.
• Implement cost reduction measures and monitor their effectiveness.

Budget management:

• Assist in the development and management of the annual budget.
• Monitor budget performance, identify variances, and recommend corrective actions.
• Ensure adherence to budgetary constraints.

Expense analysis:

• Analyse various expense categories, such as operational expenses, overhead costs, and capital expenditures.
• Identify areas for cost optimization and recommend solutions.
• Track and report on expense reduction progress.

Vendor management:

• Evaluate vendor contracts and agreements to negotiate better terms and pricing.
• Identify opportunities for vendor consolidation or switching to reduce costs.
• Monitor vendor performance and compliance with contractual agreements.

Financial Modelling:

• Create financial models to forecast the impact of cost-cutting initiatives on the organization's financial statements.
• Provide scenario analysis to support decision-making.

Data management:

• Maintain accurate and up-to-date financial data in the organization's systems.
• Ensure data integrity and security in financial databases.

Compliance:

• Ensure compliance with financial regulations and reporting requirements.
• Collaborate with internal and external auditors as needed.

Continuous improvement:

• Stay informed about industry best practices in cost control and financial analysis.
• Recommend process improvements and automation to streamline financial analysis and reporting.

Qualifications:

• Bachelor's degree in Finance, Accounting, or a related field (Master's degree or professional certification such as CPA or CFA is a plus).
• Proven experience in financial analysis, cost-cutting initiatives, or related roles.
• Strong proficiency in financial modelling and analysis tools (e.g., Microsoft Excel, financial software).
• Excellent analytical and problem-solving skills.
• Strong communication and presentation skills.
• Attention to detail and a high level of accuracy.
• Ability to work collaboratively in a team and with cross-functional departments.
• Knowledge of financial regulations and compliance standards.
• Familiarity with financial software and ERP systems.

Apply