Financial Analyst

Location: Chennai, India

Required Language: English

Employment Type: Full-Time

Seniority Level: Associate
Travel Mode: Moderate

 

About Us:
Buckman is a privately held, global specialty chemical company with headquarters in Memphis, TN, USA, committed to safeguarding the environment, maintaining safety in the workplace, and promoting sustainable development. Buckman works proactively and collaboratively with its worldwide customers in pulp, paper, leather, and water treatment to deliver exceptional service and innovative specialty chemical solutions to help boost productivity, reduce risk, improve product quality, and provide a measurable return on investment. Buckman is in the middle of a digital transformation of its businesses and is focused on building the capabilities and tools in support of this.

Qualifications & Experience:
Bachelor's degree in accounting, finance, business administration, or a related field such as statistics, economics, or general business

Accountabilities:
➢ Perform inventory & costing accounting activities for the APAC region, support monthly book close & reporting, and ensure accuracy and reasonableness of the financial data in compliance with accounting standards and policies.
➢ Costing & Inventory Accounting
➢ Perform regular standard cost updates including labor and overhead rates as per Buckman’s policy/accounting standards.
➢ Analyze monthly inventory & cost variance movements and provide insightful commentary on any major activities or variations
➢ Monitor inventory transactions, analyze inventory evaluation, and inventory roll forward. Developing inventory analysis reports and analyzing variances
➢ Assist in the improvement in internal controls related to inventory
➢ Support the reconciliation of the inventory accounts to the general ledger and analysis of cost accounting data and assist with cycle count/physical inventories.
➢ Financial Planning, Analysis & Reporting
➢ Review and analyze inventory and margin reports and conduct research and analytical studies in regard to cost variance/movements and profitability.
➢ Perform variance analysis of the price, cost, efficiency, and volume drivers related.
➢ Involvement in the preparation of a dashboard and commentary on the region’s performance.
➢ Ensure timely submission, accuracy, and validity of financial information & dashboard for management.
➢ Actively support driving the forecasting and annual budgeting process and also the consolidation of the forecast inputs from various stakeholders in the APAC region
➢ Provide support to the FP&A Manager and Finance Director -APAC for any initiatives/projects assigned such as new reporting application implementation or training.
Key Competencies / Characteristics:
➢ Familiar with ERP system and must have SAP FICO system.
➢ Knowledge of statutory requirements/regulations/acts / various taxes (GST / VAT / Excise) in countries like India, Indonesia, and Pakistan is an advantage
➢ Computer proficiency in QlikView/Qlik Sense, SAP, Friori, RPA, and Microsoft Office applications (particularly MS Excel)
➢ Strong financial planning, analysis, and reporting skills
➢ Relevant costing experience in a manufacturing environment and SAP ERP is a must
➢ Ability to work independently, resourceful and an effective team player.