GMIC FRO Support Job opening in EY, (Bengaluru, Karnataka)

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Job Details
Company Name :
Company Location :
Bengaluru, Karnataka
Job Position :
GMIC FRO Support
Job Category : Jobs in Bengaluru

Job Description :
At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.
CBS Job Description
Job Title: Global Investments [GMIC] FRO support
Job Rank: Supervising Associate
Function: Finance Scope : Global
Sub Function: Global Controlling
Reports to: GMIC Finance Relationship Owner (FRO)
Position Summary:
The Financial Planning and Analysis support role serves as a key member of the Global Controlling FRO team supporting the GMIC budget management. This role acts as a trusted business advisor, providing financial information and analysis to Global Controlling/ GMIC leadership on Executive Layer matters impacting their budgets. Key customer is the Global Controlling, including Non-IT FRO lead and GMIC FRO.
Serving as a key member of the Global Controlling team with various Finance support structures to provide analytical support, functional expertise, reporting solutions, transaction processing and sharing of best practices.
Essential Functions of the Job:
GMIC support
Validation of GMIC funding request as per the guiding principles and highlighting the discrepancies if any.
Preparation of funding request for the Acquisitions based on the anniversary date.
Tracking of all the approved/under review/on hold GMIC funding along with all the required back-ups.
Preparation of the GMIC Pack, Detailed tracker, WIPs list, Accrual Schedule, GMIC to GL recon. on a weekly basis.
Review of the GMIC invoices received from the member firms and share it with AP for processing.
Invoice approvals in SAP and route it to the next level review along the necessary funding approval emails/back-ups.
Accruals management; creation/release of accruals based on the funding approval/invoice status.
Providing necessary support/analysis/reporting for planning and MLO activities.
Managing of funding held back due to AR arrears and providing monthly status update.
Regular review of books to ensure there are no irregularities; get necessary correction entries processed as and when required.
Handling ad-hoc queries/request and providing necessary report for the Stakeholders.
Providing necessary support for handling audit queries by providing necessary reports/clarification.
Analytical/Decision Making Responsibilities:
Synthesizes, provides insight and communicates a clear and concise view of Executive Layer financial performance to EL Finance Leadership/ GMIC FRO.
Advises on expected financial performance vs. plan/forecast based upon analytics such as trend analysis and modelling of forward-looking scenarios.
Assesses the drivers of financial results with a constant focus on improvement and rapid course correction where necessary.
Knowledge and Skills Requirements:
Leadership and coaching:
Able to work in a self-sufficient manner, operating across multiple projects and priorities.
A successful track record of implementing and leading key business change initiatives.
Demonstrates the ability to challenge assumptions and decisions in an appropriate manner.
Client service:
Able to embed ECS (Exceptional Client Service).
Focused on analysis, advice and solutions that drive the continuous improvement of financial performance.
Drives interactions that build trust and manages expectations with all stakeholders.
Collaborates and teams with finance colleagues and other functions to enhance service to clients, and to leverage leading practices.
Analysis, modelling & advice:
Forms and communicates a clear and concise view of financial performance. Has a deep understanding of the drivers of financial performance and applies constantly to analyze and advise on progress against targets.
Synthesizes and communicates detailed financial information in support of effective decision making.
Able to analyze large volumes of data and spot where there is greatest financial opportunity and risk.
Utilizes sound financial practices and seeks leading practices to support operational excellence.
Must be an analytical thinker, comfortable taking initiative in situations where thought leadership is either absent or unclear.
Understanding of the business:
Understands NextWave strategy and applies constantly to analyze and advise on financial performance
Knowledgeable of EY capabilities and services.
Demonstrates exceptional commercial awareness with respect to EY’s position and ambitions in the marketplace will make a valued leader.
Demonstrates appreciation and respect of varying cultures – both corporate and geographical.
Other Requirements:
Vacation approval will be subject to restrictions of the monthly and annual financial cycle.
Must be able to work flexibly to accommodate global time zones and regular overtime required to accommodate deadlines in the financial cycle.
Job Requirements:
Graduate and/or professional certification in a business-related subject matter (i.e. Accounting, Finance) or commensurate experience in an Accounting and Finance role is required to perform this position.
A minimum of 6+ years of relevant financial planning & analysis experience is required to perform this position.
A deep understanding of the external services offered by the firm and the overall area/regional markets landscape would be beneficial.
Professional services experience is preferred.
Certification Requirements:
CPA or equivalent professional certification preferred
Note: This job description is a guide to reflect the principal functions of the job. However, it is not an all-inclusive listing of the required job functions and functions may vary depending on the particular geographic location of the job and/or the manager. Further, the job description is subject to change at the discretion of management.
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