Financial Analyst 1

Financial Analyst 1

Description -

HP Inc Asset Recovery professionals provide a full range of assessments / reviews, consulting, financial advisory, risk management, compliance reviews, tax reviews, process improvements, process reengineering etc. to facilitate financial saving opportunities for Businesses impacting HP’s bottom-line directly

With the vast experience of inhouse and external process specialists, the Asset Recovery team provides best in class services to our internal and external stakeholders.

As the only team within HP, that looks at the end to end of every Financial process, be it HP Finance, Supply Chain, Tax, Order to Cash, Channel Operations, Accounts Receivable and Accounts Payable to map the complete process and identify gaps and compliance irregularities.

The Asset Recovery purpose is about making an impact that matters to the Business in terms of direct bottom-line savings. Our extensive spectrum of services enables us to help our clients become leaders wherever they choose to compete.

Constant innovation and improvising audit strategies to meet QoQ Financial goals always keeps an Asset Recovery professional looking for greenfield projects and new initiatives every Quarter.

We are committed to investing in our people and empowering them to achieve more in ever changing complex business environment.

Work You'll Do
 

• Perform reviews of HP Financial processes, procurement, tax and other processes/systems to identify process gaps, compliance irregularities and thus financial leakages.
• Deploying data analytical methodologies to the complex and intricate financial data to identify anomalies in the process.
• Constant need to improvise reviews and identify and pursue green field recovery opportunities to ensure Financial commitments to Management are met QoQ.
• Implementing cost reduction initiatives, conducting spend analytics, contract analytics, financial analysis, procurement risk analysis and supplier performance assessment
• Review contracts, agreements, documents, ERP and electronic documents to identify possible anomalies in financial transactions.
• Conducting reviews by examining a client’s accounts payable financial data utilizing appropriate audit concepts and proprietary tools/reports
• Program manage all Recovery Projects under your vertical and execute multiple projects by identifying new opportunities, present proof of concept to stakeholders and get business buy-in to deliver profitable projects for spend $1B – 2B
• Build analytical hypothesis catering to specific HP Business Models and processes
• Corresponds with the stakeholder for any question or explanation required; facilitate resolution of major supplier/vendor issues for a favorable outcome; engage in discussions with stakeholder regarding the review findings and dispute resolution
• Implement tailormade initiatives devised by Asset Recovery Management
• Develop strategic reports to provide predicative analytics that allow our leaders to augment business decisions
• Identify technology improvements that can differentiate Asset Recovery

• Identify processes suitable for automation solutions that improve the client’s ability to optimize reporting strategies and processes, identify and reduce leakages and streamline existing processes
• Hands-on experience in recovery audits with a focus on achieving yearly financial objectives, including expected dollar recoveries exceeding $0.5 - 0.75 million.
• Build end to end deep knowledge within Supply Chain, Contra or Indirect Tax

Requirements
 

• Bachelor’s degree or higher in Finance, Accounting, Economics, Business, Management, or related disciplines.

• 5–8 years of overall finance and accoounting experience.
• Minimum 3 years of experience in a global consulting firm, focusing on Financial Service Delivery, Analysis, or Service Operations.
• Preference will be given to candidates with experience in Big 4 audit firms.

• Proven ability to deliver complex, multi-functional, and multi-stakeholder projects in large corporate environments.

• Proficiency in big data analytics and data mining.
• Expertise in reviewing historical AP transactions with a high degree of accuracy, prioritizing cost savings, and effective problem-solving.
• Familiarity with digital tools, such as Power BI, is an added advantage.

• Exceptional communication and interpersonal skills.
• Demonstrated ability to inspire and motivate teams with enthusiasm, effectiveness, and drive.

• Strong business development skills are required.
• A proven track record in successful business development initiatives is highly advantageous.

• An accounting qualification beyond a bachelor’s degree is preferred.

Job -

Finance

Schedule -

Full time

Shift -

No shift premium (India)

Travel -

Relocation -

Equal Opportunity Employer (EEO) - 

HP, Inc. provides equal employment opportunity to all employees and prospective employees, without regard to race, color, religion, sex, national origin, ancestry, citizenship, sexual orientation, age, disability, or status as a protected veteran, marital status, familial status, physical or mental disability, medical condition, pregnancy, genetic predisposition or carrier status, uniformed service status, political affiliation or any other characteristic protected by applicable national, federal, state, and local law(s).

Please be assured that you will not be subject to any adverse treatment if you choose to disclose the information requested. This information is provided voluntarily. The information obtained will be kept in strict confidence.

For more information, review HP’s EEO Policy or read about your rights as an applicant under the law here: “Know Your Rights: Workplace Discrimination is Illegal"