Job Title:  Analyst

Nomura Overview:

Nomura Services, India is a core center of excellence powering the group's global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in shaping, strengthening, and accelerating Nomura's global operations. 

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support, and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program, and the YUVA Unstoppable Changemaker Awards 2021.

1.1                Divisional Overview

The Finance Division provides comprehensive financial management, reporting, and control functions across Nomura's global operations. The PE Controller team manages Personnel Expenses, which account for approximately 50% of Nomura's overall costs. The team comprises 5 FTE onshore and 8 FTE in Powai, responsible for journal posting, data cleansing, bonus accruals, deferrals processing (RSU/DCA/NSU), headcount reporting, Kenmu allocations, PE forecasting, and budget. The team is currently undertaking a significant automation project to transform PE controller processes while maintaining business-as-usual operations.

1.2                Position Specifications

1.3                Role Purpose

The Analyst will support the PE Controller team in executing day-to-day operations and maintaining business as usual activities. This role is critical to ensuring continuity of PE controller processes including data cleansing, bonus accruals, deferrals processing, headcount reporting, and reconciliations. The successful candidate will work with multiple data sources, perform data validation and support the preparation of materials for senior management and reporting

1.4                Key Responsibilities

• End to end responsibilities for accounting and reporting for compensation expenses for APAC / EMEA region
• Reviews general ledger/sub ledgers on a monthly basis to ensure accuracy of posting
• Execute data cleansing activities across HR compensation data, year-end bonus data, headcount data, payroll data, RIF data, and open roles/rate cards 
• Review MoM variance analysis on compensation lines insight to entity controllers
• Perform data validation to identify and resolve missing HR data gaps across employee records
• Conduct HR vs Finance cost center validation and month-on-month comparisons
• Support regular bonus accrual calculations and year-end bonus booking processes
• Assist with deferrals processing including RSU, DCA, and NSU calculations
• Prepare global headcount MISX uploads and EMEA headcount reporting decks
• Support allocation processes
• Perform data curation including calculations of fiscal costs (Bonus, DCA, PE) and conversion to Finance Book/Nominal
• Apply FX rates and OCB rates to PE calculations
• Maintain and operate Excel-based workflows handling large files
• Conduct ledger versus output checks and quality assurance reviews
• Perform regional comparison and reconciliation activities
• Support preparation of materials for HRC (Human Resources Committee)
• Assist with PE and headcount trend analysis
• Contribute to PE run rate preparation and various PE/HC analysis
• Document current processes to support the automation transformation project

1.5                Mind Set – Mandatory Domain Skills

• Strong understanding of finance and accounting principles
• Knowledge of personnel expenses, accruals, and deferrals concepts
• Familiarity with financial reporting and reconciliation processes
• Understanding of cost center structures and organizational hierarchies
• Awareness of Senior Management reporting requirements

1.6                Mind Set – Mandatory Technical Skills

• Advanced Microsoft Excel skills including pivot tables, VLOOKUP, complex formulas, and data manipulation
• Ability to work with large datasets efficiently
• Strong data validation and quality assurance capabilities
• Proficiency in data cleansing and identifying data gaps or inconsistencies
• Experience with financial calculations and FX conversions
• Competency in preparing management reports and presentations

1.7                Mind Set – Desired Skills

• Exposure to HR systems and compensation data structures
• Experience with financial systems (e.g., SAP, Oracle, or similar ERP platforms)
• Knowledge of automation tools or process improvement methodologies
• Understanding of equity compensation structures
• Familiarity with multi-currency environments and FX risk
• Experience in a global financial services organization

1.8                Personal Attributes

• Exceptional attention to detail and accuracy
• Strong analytical and problem-solving skills
• Ability to work independently and manage multiple priorities
• Willingness to learn PE controller processes and adapt to changing requirements
• Proactive approach to identifying and resolving data quality issues
• Strong communication skills to collaborate with Finance, HR, and regional teams
• Resilience and flexibility during periods of transformation
  
  

1.9                Nomura Leadership Behaviours

1.10             Equal Opportunities

Nomura is an equal opportunity employer and is committed to providing a working environment that embraces and values diversity, equity and inclusion. We believe that diversity in our workforce is critical to our success as a global financial services firm. We recruit and employ the best people from the widest talent pool without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic. All employment decisions are based on qualifications, merit, and business need.