346 Cost Analysis jobs in India

**About the Employer**

**Global Finance & Business Management ("GF&BM") India **is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan's global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm's Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm's capital.

GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main "pillars" of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions.

We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.

JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful.

**The current opening is within the CIB/P&CS Team, in Bangalore which forms part of the CIB LOB within GF&BM India.**

**About the Team**

The P&CS P&A team, is aligned within CIB P&A team, and is responsible for a wide range of activities including financial control, forecasting and budgeting, analysis of financial/business metrics, delivery of weekly/monthly/quarterly management reporting, development of new reporting capabilities (e.g. dashboards), and advising the CFO on how to increase profitability and efficiencies.

Stakeholders of the group include CIB Finance senior management, business heads, product controllers & planning and analysis. The team works extensively with the LOB Business management groups and CIB P&A to ensure complete and accurate product P&L reporting of actuals and forecasts.

**About the Role**

**Primary Responsibilities:
- Performing variance analysis to understand the key drivers of the results and presenting commentary to senior managers, explaining changes from prior forecasts/budgets
- Lead the Expenses planning cycle, including annual budgeting, periodic forecasting and analysis of variances to the plan
- Ad hoc analysis of the business and business drivers. Identify opportunities for business improvement and recommend actions across the business
- Work closely with other LOB P&A teams and the Central P&A team
- Ensure data integrity, accuracy and timeliness in all financial reporting
- Developing and tracking performance metrics, creating presentations, and generally providing financial analysis on a variety of topics to senior management
- Understanding Indirect expenses, familiar with Technology, operations, finance allocation
- Enhancing controls and streamlining processes, introducing automation where possible
- MBA/CA/CFA in Finance
- 8+ years of work experience, preferably in Financial Services, and/or accounting / business partnering background
- Advanced skills in Excel and PowerPoint
- Proficiency with data mining/gathering and manipulation of data sets
- Inquisitive, enthusiastic and diligent, and capable of challenging peers
- Strong verbal and written communication skills, with the ability to articulate complex issues clearly
- Ability to create ad hoc reporting for senior management
- Proven track record for executing on special projects / assignments, often with little lead time or information
- Highly motivated and able to thrive and think clearly under pressure and tight deadlines
- Team player with the ability to be respected as a trusted partner for the Business, Finance, and FP&A Teams & with leadership skills
- Highly motivated self-starter with excellent time management/prioritization skills
- Strong analytical and problem solving skills with ability to analyze large data sets and present conclusions concisely
- Shift timings - EMEA- 2.30pm to 11.30pm
- Job Grade 601 - Associate
- Location : Bangalore - Embassy Tech village
- **Shift Timing: <**Shift timings - EMEA- 2.30pm to 11.30pm

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial ba

Preparation of Monthly finance dashboard containing Key Financial information required for Management.

Preparing quarterly financial reports.

Monthly SA MIS and Country / Global CFO Finance Key Insights

Developing reports in SAGE SEI

Variance GL Analysis and highlight to Stakeholders and take appropriate action

Partner to Information Technology Team - Budget Preparation, tracking actuals, responsible for all expenses with Vendors.

Monthly Financial closing

Lease Agreement / Fixed Asset Management

Internal Audits / Audits Management

Skills: Sage

Individual should have fair understanding of reading and understanding contracts to complete validation process in a timely and accurate manner.
Fair finance knowledge to understand financial models.
Good Communication skills to communicate with stakeholders (sales/Finance/Legal) regularly to complete assigned tasks.
Partner with governence on upstream processes to enable smoother and faster validation of deals.
Partner with legal for Deal validation inputs on contract language.
Partner with Sales to seek feedback on opportunities to improve transparency / accuracy.
Ensure error free calculation / report out / payout on all sales plan attainment

Provides support to sales bid teams (deal teams) through financial model development, risk assessment, pricing analysis and contract close-out. Manages the scope, quality, risks, schedule, and resources of company-wide pricing initiatives. Provides guidance and management to measure the effectiveness of the analyses being performed. Analyzes current and historical results of pricing activity and transactional data to identify actionable opportunities, develop ideas, and make recommendations to improve pricing performance. Examines opportunities to expand initiatives, processes and best practices while ensuring alignment with relevant businesses policies.
+ Able to build the deal assessment financial model using appropriate toolset, following all guidelines in a more consultative way by interacting with sales and solution teams
+ Able to do a slightly deeper analysis on the costs and provide inputs to the solution team to rectify the issues in the cost model
+ Thorough understanding of the tools and able to coach /train team members
+ Thorough understanding of all the relevant policies and able to articulate to the broader team to help them understand the impact
+ Good understanding of the company's accounting policies and able to apply those to better structure deals
+ Produces the pricing templates for the customer as requested. Performs analytical review ensuring accuracy of price units as well as taking care of the dependencies between the various price units
+ Able to use materials available to draft proposal and T&C's content
+ Provides guidance and advises the team on the correct governance process, escalating as necessary. Understands the essence of the deal and can present the facts effectively
+ Typically requires 5-7 years relevant experience.
+ Undergraduate degree or equivalent combination of education and work experience.
+ Graduate degree (like MBA/MS Finance) or professional certification (like CPA/CA/CMA) preferred
+ Possesses and applies strong knowledge of financial and pricing analysis principles.
+ Exceptional data analysis skills.
+ Exceptional oral, written and presentation skills.
+ Ability to physically perform general office requirements.
+ Must be able to perform essential responsibilities with or without reasonable accommodations.
PLEASE NOTE: The Career Architecture and associated Job Catalog comprise a structural framework. Accordingly, the job duties, requirements, and specifications listed as part of this job catalog are intended to describe the general function and level of personnel typically assigned to a specific classification (i.e., job function/job family/job title). It is not intended to comprehensively define, or to limit any additional responsibilities, duties and/or skills that may be required of or possessed by the incumbent. The Career Architecture framework is subject to change at any time, with or without notice, based upon the current and emerging needs of the business.

Provides support to sales bid teams (deal teams) through financial model development, risk assessment, pricing analysis and contract close-out. Manages the scope, quality, risks, schedule, and resources of company-wide pricing initiatives. Provides guidance and management to measure the effectiveness of the analyses being performed. Analyzes current and historical results of pricing activity and transactional data to identify actionable opportunities, develop ideas, and make recommendations to improve pricing performance. Examines opportunities to expand initiatives, processes and best practices while ensuring alignment with relevant businesses policies.
+ Able to build the deal assessment financial model using appropriate toolset, following all guidelines in a more consultative way by interacting with sales and solution teams
+ Able to do a slightly deeper analysis on the costs and provide inputs to the solution team to rectify the issues in the cost model
+ Thorough understanding of the tools and able to coach /train team members
+ Thorough understanding of all the relevant policies and able to articulate to the broader team to help them understand the impact
+ Good understanding of the company's accounting policies and able to apply those to better structure deals
+ Produces the pricing templates for the customer as requested. Performs analytical review ensuring accuracy of price units as well as taking care of the dependencies between the various price units
+ Able to use materials available to draft proposal and T&C's content
+ Provides guidance and advises the team on the correct governance process, escalating as necessary. Understands the essence of the deal and can present the facts effectively
+ Typically requires 5-7 years relevant experience.
+ Undergraduate degree or equivalent combination of education and work experience.
+ Graduate degree (like MBA/MS Finance) or professional certification (like CPA/CA/CMA) preferred
+ Possesses and applies strong knowledge of financial and pricing analysis principles.
+ Exceptional data analysis skills.
+ Exceptional oral, written and presentation skills.
+ Ability to physically perform general office requirements.
+ Must be able to perform essential responsibilities with or without reasonable accommodations.
PLEASE NOTE: The Career Architecture and associated Job Catalog comprise a structural framework. Accordingly, the job duties, requirements, and specifications listed as part of this job catalog are intended to describe the general function and level of personnel typically assigned to a specific classification (i.e., job function/job family/job title). It is not intended to comprehensively define, or to limit any additional responsibilities, duties and/or skills that may be required of or possessed by the incumbent. The Career Architecture framework is subject to change at any time, with or without notice, based upon the current and emerging needs of the business.

Core functions:
+ Minimum 10-12 years of financial cost controlling experience
+ Experience in annual financial planning, forecasting and monthly close/ variance
+ Ability to interact, engage and influence senior business leaders
+ Knowledge of SAP and financial reporting structure
+ Hands on and detail oriented, with a strong ability to co-ordinate across different Geographies
+ Ability to manage multiple functions at same point of time
+ People Management Experience
Role Responsibilities:
+ Formulate annual operating plan and forecast for various functions in concurrence with business and finance leaders
+ Demonstrate deep understanding of underlying business drivers and assist business/ finance leaders to attain strategic business vision
+ Advise business leaders on attaining their business targets
+ Ensure minimal variance to annual operating plan and forecast. Ensure all variances are thoroughly explained and justified
+ Have periodic review of financials with business & finance leaders
+ Ability to be a team player, troubleshooter and a consensus-builder
+ Excellent verbal and written communications skills
+ Ability to thrive in Ambiguity and embrace change
+ Ability to aggregate large volumes of data and construct useful analysis for Management insights
+ Excellent presentation skills
+ Demonstrated ability to be proactive and self-driven with the capacity to work in a dynamic work environment
Qualifications:
+ More than 10-12 years of relevant work experience required
+ CA or MBA with relevant experience preferred
+ SAP experience preferred

Provides support to sales bid teams (deal teams) through financial model development, risk assessment, pricing analysis and contract close-out. Manages the scope, quality, risks, schedule, and resources of company-wide pricing initiatives. Provides guidance and management to measure the effectiveness of the analyses being performed. Analyzes current and historical results of pricing activity and transactional data to identify actionable opportunities, develop ideas, and make recommendations to improve pricing performance. Examines opportunities to expand initiatives, processes and best practices while ensuring alignment with relevant businesses policies.
+ Able to build the deal assessment financial model using appropriate toolset, following all guidelines in a more consultative way by interacting with sales and solution teams
+ Able to do a slightly deeper analysis on the costs and provide inputs to the solution team to rectify the issues in the cost model
+ Thorough understanding of the tools and able to coach /train team members
+ Thorough understanding of all the relevant policies and able to articulate to the broader team to help them understand the impact
+ Good understanding of the company's accounting policies and able to apply those to better structure deals
+ Produces the pricing templates for the customer as requested. Performs analytical review ensuring accuracy of price units as well as taking care of the dependencies between the various price units
+ Able to use materials available to draft proposal and T&C's content
+ Provides guidance and advises the team on the correct governance process, escalating as necessary. Understands the essence of the deal and can present the facts effectively
+ Typically requires 5-7 years relevant experience.
+ Undergraduate degree or equivalent combination of education and work experience.
+ Graduate degree (like MBA/MS Finance) or professional certification (like CPA/CA/CMA) preferred
+ Possesses and applies strong knowledge of financial and pricing analysis principles.
+ Exceptional data analysis skills.
+ Exceptional oral, written and presentation skills.
+ Ability to physically perform general office requirements.
+ Must be able to perform essential responsibilities with or without reasonable accommodations.
PLEASE NOTE: The Career Architecture and associated Job Catalog comprise a structural framework. Accordingly, the job duties, requirements, and specifications listed as part of this job catalog are intended to describe the general function and level of personnel typically assigned to a specific classification (i.e., job function/job family/job title). It is not intended to comprehensively define, or to limit any additional responsibilities, duties and/or skills that may be required of or possessed by the incumbent. The Career Architecture framework is subject to change at any time, with or without notice, based upon the current and emerging needs of the business.

Individual should have fair understanding of reading and understanding contracts to complete validation process in a timely and accurate manner.
Fair finance knowledge to understand financial models.
Good Communication skills to communicate with stakeholders (sales/Finance/Legal) regularly to complete assigned tasks.
Partner with governence on upstream processes to enable smoother and faster validation of deals.
Partner with legal for Deal validation inputs on contract language.
Partner with Sales to seek feedback on opportunities to improve transparency / accuracy.
Ensure error free calculation / report out / payout on all sales plan attainment

Provides support to sales bid teams (deal teams) through financial model development, risk assessment, pricing analysis and contract close-out. Manages the scope, quality, risks, schedule, and resources of company-wide pricing initiatives. Provides guidance and management to measure the effectiveness of the analyses being performed. Analyzes current and historical results of pricing activity and transactional data to identify actionable opportunities, develop ideas, and make recommendations to improve pricing performance. Examines opportunities to expand initiatives, processes and best practices while ensuring alignment with relevant businesses policies.
+ Able to build the deal assessment financial model using appropriate toolset, following all guidelines in a more consultative way by interacting with sales and solution teams
+ Able to do a slightly deeper analysis on the costs and provide inputs to the solution team to rectify the issues in the cost model
+ Thorough understanding of the tools and able to coach /train team members
+ Thorough understanding of all the relevant policies and able to articulate to the broader team to help them understand the impact
+ Good understanding of the company's accounting policies and able to apply those to better structure deals
+ Produces the pricing templates for the customer as requested. Performs analytical review ensuring accuracy of price units as well as taking care of the dependencies between the various price units
+ Able to use materials available to draft proposal and T&C's content
+ Provides guidance and advises the team on the correct governance process, escalating as necessary. Understands the essence of the deal and can present the facts effectively
+ Typically requires 5-7 years relevant experience.
+ Undergraduate degree or equivalent combination of education and work experience.
+ Graduate degree (like MBA/MS Finance) or professional certification (like CPA/CA/CMA) preferred
+ Possesses and applies strong knowledge of financial and pricing analysis principles.
+ Exceptional data analysis skills.
+ Exceptional oral, written and presentation skills.
+ Ability to physically perform general office requirements.
+ Must be able to perform essential responsibilities with or without reasonable accommodations.
PLEASE NOTE: The Career Architecture and associated Job Catalog comprise a structural framework. Accordingly, the job duties, requirements, and specifications listed as part of this job catalog are intended to describe the general function and level of personnel typically assigned to a specific classification (i.e., job function/job family/job title). It is not intended to comprehensively define, or to limit any additional responsibilities, duties and/or skills that may be required of or possessed by the incumbent. The Career Architecture framework is subject to change at any time, with or without notice, based upon the current and emerging needs of the business.