Job Title: Analyst
Company overview
Nomura is a leading financial services group and the pre-eminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London,
enables the company to make a difference for clients through three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking).
Department overview:
FCR is a key component of the Finance Department, which has an excellent reputation within the bank and externally. We pride ourselves on our professionalism within a Department with a culture that encourages dynamism and flexibility.
Senior management takes a hands-on approach within the department, and is keen to reward hard work, enthusiasm and success. A willingness to constantly question established processes, and strive for improvements is actively encouraged, leading to an ever changing and exciting environment. Nomura presents a unique opportunity to learn and gain experience of a broad range of products and business lines within a supportive setting and surrounded by skilled professionals.
The Reporting team is based both onshore and offshore in Mumbai. The majority of reporting and a significant proportion of monthly reporting are performed by the team in Mumbai.
Role description:
The role is in the Financial Control department of Nomura's Finance Division, taking responsibility for running processes and projects which underpin the Reporting for the European consolidation group (including the main broker dealer, Nomura International plc). It will include working with colleagues in Mumbai, London, Frankfurt and Tokyo.
The role involves doing monthly processes, projects, annual accounts. This will cover both current reporting processes and the supporting the automation of these where possible.
• Monthly and year-end close for US GAAP / Local GAAP Financial Statements.
• Ensuring Financial statements are complete, accurate, prepared in a timely manner, and are in accordance with GAAP on a legal entity and a consolidated basis.
• Good working knowledge on month end closing process for any Legal entity, financial instruments reporting and disclosure as per US GAAP / IFRS.
• Understanding of cross border transactions between Nomura subsidiaries and ensuring all the Inter Company transactions are reconciled, breaks resolved and gets eliminated upon consolidation.
• Liaising with the entity Controllers and Consolidation group to provide an understanding of financial reporting and month end closing process.
• Needs to understand the Business, Structure and Regulatory Reporting requirements of the Legal Entities assigned. • Monthly and year-end close for US GAAP / Local GAAP Financial Statements.
Key objectives critical to success:
• Ability to work to high degree of accuracy with logical and structured approach
• Ability to self-review, identify issues and investigate / escalate appropriately
• Flexibility and the ability to keep pace with ever changing International and UK regulatory and resulting change to business processes
• Ability to embrace new technology and adapt to changing business processes
• Ability communicate effectively with colleagues and build relationships within the department and across functions
Skills, experience, qualifications and knowledge required
• Should have strong analytical skills to be able to understand business & structure of the Legal Entities assigned to produce variance analysis for movements in financial statements.
• Strong MS-Office Skills, Excellent Analytical and USGAAP Knowledge.
• Self-starter, problem solver and ability to work with minimal supervision.
• Excel system skills and ability to learn Nomura specific systems
• Chartered Accountant (CA, ACCA, ACA or equivalent) or MBA with tier 1 institute
• Experience of process, design and implementation
• Strong communication skills (written and verbal) and control minded focus
• Results focused in a pressurised environment with tight reporting deadlines
• Organised and methodical with attention to detail
• Well-developed PowerPoint and Excel skills. Additional knowledge of data transformation/visualisation tools also useful (e.g. Tableau/Alteryx) but not essential Investment banking product knowledge
Key Skills:
Mandatory
Desired
Domain
Strong Accounting Skills
Strong analytical skills
Financial services industry exposure / good working knowledge in Financial reporting function
Exposure to US GAAP / IFRS
CA with 1+ years post qualification experience
Understanding of different
Financial instruments
Proficiency in bringing issues to closure by keeping all the
relevant
stakeholders informed
Technical
Excel system skills and ability to learn Finance specific systems
Identifies and pursues innovative business initiatives that provide a material contribution