Specialist - Commercial Finance

4 days left

Employer
Alight
Location
Kochi
Posted
Mar 10, 2024
Closes
Apr 25, 2024
Ref
4549581768
Level
Specialist
Work Mode
Hybrid, Remote
Hours
Full Time
Organization Type
Academia, Corporate
Our story

At Alight, we believe a company's success starts with its people. At our core, we Champion People, help our colleagues Grow with Purpose and true to our name we encourage colleagues to "Be Alight."

Our Values:

Champion People - be empathetic and help create a place where everyone belongs.

Grow with purpose - Be inspired by our higher calling of improving lives.

Be Alight - act with integrity, be real and empower others.

It's why we're so driven to connect passion with purpose. Our team's expertise in human insights and cloud technology gives companies and employees around the world the ability to power confident decisions, for life.

With a comprehensive total rewards package, continuing education and training, and tremendous potential with a growing global organization, Alight is the perfect place to put your passion to work.

Join our team if you Champion People, want to Grow with Purpose through acting with integrity and if you embody the meaning of Be Alight.

Learn more at careers.alight.com.

Specialist - Commercial Finance

Contract Management

o Must be able to interpret complex contract terms

o Able to unpack deal model and enter deal model data into financial tools and tie deal model info back to signed contracts

o Create calc tools/forecast files based on client contracts

o Maintain SLA Calculations

o Aid in contract renewal discussions

o Ability to read complex contracts and understand the financial terms and schedules
  • Forecasting and Annual Budgeting

o Responsible for developing & implementing monthly baseline operating plan at the beginning of each year (Detailed Bottoms-up Plan))

o Responsible for executing forecasting process on a monthly basis for revenue and estimated Variable Margins.

o Manage forecasts for Contract Terms (not just individual fiscal years) and meet all quarterly forecast and annual Plan deadlines.

o Budget/Forecast revenue & costs for specified P&L through use of metrics, historical trending reviews, and close working relationships with business partners

o Review P&L, understand all activity and provide driver and account based variance analysis

o Organize and lead monthly financial reviews with business partners and internal financial leadership

o Financial risk & opportunity tracking and reporting

o Supervise creation and correct set up of all necessary financial tools and templates

o Create and update pricing models as needed

o Processing needed journal entries (re-classes & accruals)

o Ad-hoc financial support
  • Month End Process

o Manage month end close, working closely with revenue assurance group as needed, tasks include but not limited to:

o Validate Revenue is submitted accurately

o Variance Analysis

o Expense Accruals

o Topside Entries

o Project forecast updates for R&Os
  • Reporting

o Able to use Workday & Adaptive Insight to create and maintain P&L reports for Client/BU Lead review

o Ad hoc P&L reporting as needed

o Present financial data to the Business
  • Pricing

o Create Pricing modeler for each client team

o Validate pricing meets DoA

o Aid in additional Pricing requests as needed (for items not related to Deal Team pricing)

o Able to provide detailed, concise analysis on client P&Ls, reporting, and pricing to guide client teams and Client execs on driving improved margins

o Analyst in this position is highly independent and requires only minimal supervision.

Requirements
  • 5+ years of finance experience working in a financial analyst role
  • Experience in Project accounting, Corporate FP&A analysis
  • Strong business acumen, e.g. ability to interpret, evaluate and apply financial data/information to business decisions
  • Proficiency in financial analysis and financial models
  • Must be able to work independently
  • Must demonstrate good critical thinking and ability to manage multiple tasks and deadlines
  • Must have a basic understanding of GAAP and SOX compliance
  • Strong analytical and problem-solving skills
  • Ability to consult effectively with senior level managers and clients on various financial issues, while
  • Experience with financial systems. Workday and Adaptive Insight a big plus
  • Excellent communication skills, verbal and written; able to clearly articulate thoughts, issues, concerns, risks, opportunities, other
  • Education: Minimum Graduate in Commerce (preferred)/ Qualified / Semi qualified ACA/ACCA/CMA/CIMA or MBA (Finance)

Flexible Working

So that you can be your best at work and home, we consider flexible working arrangements wherever possible. Alight has been a leader in the flexible workspace and "Top 100 Company for Remote Jobs" 5 years in a row.

Benefits

We offer programs and plans for a healthy mind, body, wallet and life because it's important our benefits care for the whole person. Options include a variety of health coverage options, wellbeing and support programs, retirement, vacation and sick leave, maternity, paternity & adoption leave, continuing education and training as well as a number of voluntary benefit options.

By applying for a position with Alight, you understand that, should you be made an offer, it will be contingent on your undergoing and successfully completing a background check consistent with Alight's employment policies. Background checks may include some or all the following based on the nature of the position: SSN/SIN validation, education verification, employment verification, and criminal check, search against global sanctions and government watch lists, credit check, and/or drug test. You will be notified during the hiring process which checks are required by the position.

Our commitment to Diversity and Inclusion

Alight is committed to diversity, equity, and inclusion. We celebrate differences and believe in fostering an environment where everyone feels valued, respected, and supported. We know that diverse teams are stronger, more innovative, and more successful.

At Alight, we welcome and embrace all individuals, regardless of their background, and are dedicated to creating a culture that enables every employee to thrive. Join us in building a brighter, more inclusive future.

Diversity Policy Statement

Alight is an Equal Employment Opportunity employer and does not discriminate against anyone based on sex, race, color, religion, creed, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, marital or domestic partner status, citizenship, military or veteran status, sexual orientation, gender, gender identity or expression, genetic information, or any other legally protected characteristics or conduct covered by federal, state or local law. In addition, we take affirmative action to employ and advance in the employment of qualified minorities, women, disabled persons, disabled veterans and other covered veterans.

Alight provides reasonable accommodations to the known limitations of otherwise qualified employees and applicants for employment with disabilities and sincerely held religious beliefs, practices and observances, unless doing so would result in undue hardship. Applicants for employment may request a reasonable accommodation/modification by contacting his/her recruiter.

Authorization to work in the Employing Country

Applicants for employment in the country in which they are applying (Employing Country) must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the Employing Country and with Alight.

Note, this does not restrict management's right to assign or reassign duties and responsibilities of this job to other entities; including but not limited to subsidiaries, partners, or purchasers of Alight business units.