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Financial Analyst
Shree Consultants
posted 7hr ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
- 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.
- 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.
- Assist in the development and management of the annual budget.
- Monitor budget performance, identify variances, and recommend corrective actions.
- Ensure adherence to budgetary constraints.
- 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.
- 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.
- Create financial models to forecast the impact of cost-cutting initiatives on the organizations financial statements.
- Provide scenario analysis to support decision-making.
- Maintain accurate and up-to-date financial data in the organizations systems.
- Ensure data integrity and security in financial databases.
- Ensure compliance with financial regulations and reporting requirements.
- Collaborate with internal and external auditors as needed.
- Stay informed about industry best practices in cost control and financial analysis.
- Recommend process improvements and automation to streamline financial analysis and reporting.
- Bachelors degree in Finance, Accounting, or a related field (Masters 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.
Employment Type: Full Time, Permanent
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What Shree Consultants employees are saying about work life
based on 8 employees
Flexible timing
Monday to Saturday
Within city
Day Shift
Shree Consultants Benefits
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