Financial Analysis Senior Advisor [T500-**]

Financial Analysis Senior Advisor

Position Overview:

In collaboration with our Bangalore and US based Finance stakeholders and strategic partner ANSR for Business Support Services (BSS) in Hyderabad, the financial analysis senior advisor will have responsibility to oversee, track and report on the execution of the on-going BSS contract with ANSR. The contract includes services across finance, tax and procurement operational services and is critical to the success of the stand-up and maturation of the Hyderabad Innovation Hub (HIH). The role will have dual reporting responsibilities, reporting directly into the HIH site lead based in Hyderabad, with a dotted line report into the HIH Controller based in the United States. The role will be physically located in Hyderabad.

Responsibilities:

Stakeholder Management :

• Serve as finance SME to the Site leader and HIH leadership.
• Single point of contact for Cigna finance & tax communications
• Relationship management with internal and external auditors & other finance compliance partners and co-ordination with CHSI

Governance, Risk Management and Oversite:

• Support and coordination with compliance partners of HIH for complex financial transactions (i.e. seconded employee taxation, stock option & RSU plans, inter-company cross charges etc.)
• Managing the external audit(s) for financial reporting or regulatory inquiries.
• Strategic imperatives of HIH (business case justification of HIH and growth beyond original business case)
• Identifying and assessing organizational risk that could impact the HIH's ability to meet its financial goals.
• Address risk management activities from a regulatory standpoint between HIH, ANSR and Bangalore.
• Drive 100% local regulatory compliance culture.

Operational Responsibilities:

General:

• Facilitate real time approvals required in running the HIH operations locally (per the approved delegation of authority)

Vendor Management:

• Functional review and oversight on finance affairs including KPI’s, SLA management and reporting, guidance and advisory on operational matters with industry knowledge.

Procurement:

• Preparation of vendor contracts, legal review, contract negotiations with vendors

FP&A:

• Preparation and finalization of short- and long-term financial plan
• Reporting of actual spends vs budget across the various functions of HIH.
• Day to day operational financial oversight
• Budget check and approval of expenses
• Forecast preparation for HIH Operations
• Headcount governance
• HIH program level value tracking

Payroll:

• Will provide internal review and approval of payroll prior to disbursement.

Qualifications

Experience / Knowledge, Education and Other Requirements:

• Advanced Degree – MBA in Finance or Chartered Accountant with 10+ years of financial analysis and leadership experience with a preference for Big 4 Accounting firm experience
• Experience in leading a team in managing full sets of insurance accounts and regulatory reporting is preferable.
• Experience of monthly accounting close process in a fast-paced environment.
• Experience in insurance and within an international environment is preferable.
• Focus on strong control environment and experience of balance sheet reconciliations.
• US GAAP knowledge is preferable.
• IFRS 17 knowledge is preferable.
• Experience on Oracle or similar General Ledger packages.
• Strong MS Office and general PC skills are essential.

Personal Competencies Required:

• Team player who has a hands-on approach to achieving objectives with ability to connect, influence and motivate self and others.
• Analytical, well-organised, results oriented individual with a drive for continuous improvement.
• Flexibility with the ability to prioritize work to ensure tight deadlines are met.
• Responsible individual who is used to dealing with people at all levels of the organization.
• Strong communication skills, both written and verbal
• Attention to detail and accuracy.

Location & Hours of Work:

• Hyderabad, Telangana, India (Hybrid / In the office)