Manager - Operational Transaction Services - IIM/ISB

Manager Operational Transaction Services (OTS)

MNC Shared Services

Locationp: NCR

Experience: Managerial Levels (total 5-8 Years) - Ideally combination of exposure in an controllership, analytics, financial planning or financial modeling role (in reputed company) before moving to finance transformation/consulting/analytics with competitors

- Operational Transaction Services (OTS) support group provides a full range of operationally focused services including M&A Integration, Carve-out, Operational and IT Due Diligence, Operational Restructuring and Performance Improvement services. Operational Transaction Services team at works closely with their couterpart teams primarily made up of members of both the EY through offshore support in India as well as onshore support in US and client locations.

General responsibilities:

- Work on client engagement teams executing Operational Transaction Services which support key decision makers in developing and executing strategies for transactions.

- Assess the client's state of readiness with respect to people, resources, planning, data collection and strategy, while identifying high-risk areas, unidentified issues and areas for overall improvement.

- Demonstrate excellent skills in project execution, including synergy assessment, problem-solving, and facilitation.

- Assist with the execution of the integration/divestiture plan while working to constantly identify areas for improvement, including resolving integration/divestiture issues.

- Be responsible for creating work products that document the engagement procedures performed against objectives.

- Maintain relationships with client and US personnel at appropriate levels.

- Effectively participate on teams with diverse skills and backgrounds, while staying abreast of current business and industry trends relevant to the client's business.

- Supervise, coach, and mentor team members at the junior level.

- Demonstrate strong transaction knowledge in a particular industry (e.g., manufacturing, life sciences, consumer product goods, industrial products, technology, retail, etc.)

- Assist in business development activities including preparing presentations for pursuit meetings with clients to help sell advisory services.

Specific responsibilities:

- Working with our clients’ Finance (and related) teams to analyse, design and roll-out key finance processes and systems as well as support and present the review of Functional strategies / operations and options.

- Data gathering, process analysis and improvement, ownership and support of team deliverables, basic project and stream management, experience of working in multi-disciplined teams, developing knowledge of various sectors and identification and development of sell-on opportunities.

- Support of the team’s sales and market development agenda.

- Ability to make recommendations for action by synthesizing financial information and trends.

- Analyze new business strategies and develop financial impact/valuation recommendations.

- Identify risks and opportunities in current and modeled financial plans.

- Develop and maintain monthly actual/forecast variance report, with cause of change.

- Identify leading practices that can be implemented with clients. Automate existing processes.

- Develop holistic business insights from consumer sales and internal data sources.

- Support the Finance and Operations group with ad hoc modeling & analytics.

- Create tools or systems, including databases and spreadsheets, to improve financial data analysis and reporting.

- Assist in preparation of executive presentations

Qualifications:

Education: MBA from Tier 1 or 2 Indian or major international schools (IIM, ISB); professional accounting qualification e.g. ICAI, ACCA, AICPA, CIPFA, CIMA, CFA with the masters/degree in Finance or Economics

Functional Competency: Competency in one of the functions as described below:

- Finance visioning and operating model design.

- Defining and optimising Finance processes

- Shared services solutions / design (including Business Process Outsourcing)

- Working within a significant finance transformation, change or improvement programme

Experience: The candidates should have work experience of either Professional Services or Controllership background with 5 years of experience gained from substantially large companies in more than four of the following areas under Finance transformation, analytics or advisory:

- Develop and/or refine existing tools and processes to conduct updated cost assessments using advanced Excel and/or Access skills.

- Provide proactive support to identify, analyze and make recommendations on improvement opportunities.

- Support financial analysis, reporting, and data/statistical measurements as required

- Develop data collection and appropriate analytical tools, models and processes

- Interpret and provide recommendations on data concerning financial trends and economic/business forecasts as they relate to the performance metrics

- Perform special assignments or projects as directed. (Example: gather information, assemble spreadsheets, develop templates, write reports, and review financial information.)

- Experienced financial services finance transformation consulting professional with solid track-record of commercial success in project delivery.

- Exposure to Project Management, having successfully participated in complex, multi-function/multi-stakeholder projects

- Exposure to the application of consulting tools and solutions in solving complex business problems

- Experience of working on business case, profitability analysis, reporting.

Desirable Competency/skillset: (Exposure/expertise in as many areas as possible)

- Formulation of Strategy for the Finance department and planning and management of the initiatives to achieve cost optimization objectives

- Awareness on finance governance, including formulation of policies and Standard Operating Procedures

- Knowledge / experience on technologies including consolidation / reporting applications and ERP solutions (e.g. Oracle / Hyperion, SAP / Outlooksoft / Cartesis, Cognos, Microsoft BI and Reporting Services).

- Awareness on product evaluation and vendor selection process

- Pre Sales and Business Development exposure

- Capable to lead the Finance change Management

- Awareness on strategic consulting, the Enterprise Information risk and cost function establishment and measurement

- Utilizing structured approach using frameworks for formulating finance/business/capital strategy

- Understands the requirement gathering, RFP processes

Preferred employers:

- Big 4 Firms & financial analytics firms,consulting organisations

- International Experience: Preferably US or UK front office consulting experience. Willingness and ability to travel internationally at a short notice for prolonged period.

- Transaction Environment: Candidate will be preferred with transactional / deal understanding in business integrations, performance improvement, divestitures, and/or carve-outs with a demonstrated aptitude for quantitative and qualitative analysis (nice to have)

- Experience leading and managing in complex business environments.

- Excellent problem solving, project management, facilitation and interpersonal skills.

- Strong written and verbal communication skills with experience in developing final presentations

- Understanding of full financial statement analysis (Balance Sheet, P/L, Cash Flow and others)

- Proficient in the use of MS Office tools- Word, PowerPoint, Excel, Projects

- High degree of personal drive and motivation to succeed

- Good executive presence with good business acumen