Financial Analyst (2-4 Years in financial analysis, including budgeting, forecasting, and data interpretation)

Financial Analyst, GCC-Assurant

Financial Analyst supports operational and financial effectiveness by leveraging activity-based costing methodologies to analyze and improve business performance. This role is responsible for extracting and analyzing financial and operational data from various systems, with a focus on resource tracking and reporting.

This position will be in Bangalore, Chennai, Hyderabad at our India location.

What will be my duties and responsibilities in this job?

• Develop and maintain reports to support forecasting, trend analysis, and performance evaluation.
• Utilize software tools such as Excel, Access, and other databases to compile, manipulate, and format financial and operational data.
• Identify, investigate, and resolve discrepancies in financial, accounting, and data quality.
• Analyze financial and operational data to assess historical performance and project future outcomes; provide recommendations for budget adjustments and cost-saving opportunities.
• Perform statistical, cost, and financial analyses using data from various internal systems.
• Recommend and implement process improvements to enhance operational efficiency.
• Participate in operational meetings to gather insights and support management in evaluating business decisions.
• Apply critical thinking to challenge assumptions, identify root causes, and propose innovative solutions.
• Assist operational teams in preparing and managing their budgets.
• Analyze monthly operating variances and summarize key business metrics, comparing actual results to forecasts and plans.
• Prepare and distribute month-end, quarter-end, and year-end financial reports to relevant stakeholders.
• Conduct cost-benefit analyses for projects and initiatives to support strategic decision-making.

What are the requirements needed for this position? 

• Bachelor’s degree in Business, Finance, Accounting, or Information Systems
• Minimum of 2 years of experience in financial analysis, including budgeting, forecasting, and data interpretation
• Advanced proficiency in Microsoft Excel and Access
• Strong analytical and problem-solving skills
• Excellent attention to detail and accuracy in data handling
• Ability to communicate complex financial information clearly to non-financial stakeholders

What other the Preferred Experience, Skills, and Knowledge?

• Experience with activity-based costing or resource tracking methodologies
• Familiarity with financial systems such as SAP, Oracle, or similar ERP platforms
• Experience working in a shared services or multi-site operational environment
• Knowledge of financial reporting standards and variance analysis
• Ability to manage multiple priorities and meet tight deadlines
• Strong interpersonal skills and ability to collaborate across departments
• Experience supporting international operations or working in a global organization