Job Title:  Associate

Nomura Overview:

Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit w ww.nomura.com.

Nomura Services India, (Powai) supports Nomura’s businesses around the world. Powai’ s world class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support have played a key role in facilitating Nomura’s global operations and are an integral part of Nomura’s global expansion plans. The Powai operation is a critical part of the platform to support the growth of Nomura’s global business.

Divisional Overview (Mandatory):

Powai Finance is an integral part of the CFO division and plays a key role in various Finance functions ranging from Treasury, Global Middle Office, Financial Control & Regulatory Reporting, Global Infrastructure, Cost Analytics and MI. Located strategically to cater to multiple time zones, Powai Finance ensures internal and regulatory deliverables across all regions are supported.

Business Unit Overview (If Applicable):

CMA team in Mumbai is an extension of the Global CMA team providing Analytical and Quantitative Support to the onshore teams. Team caters to Monthly book closure as well as MIS requirements of senior management across Nomura Group (Retail, Wholesale, Corporate divisions) and regions (Japan, AeJ, EMEA and US). Team is responsible for monthly and quarterly reporting of Revenues, Expenses and other financial resources.

Within CMA, Cost Control team caters to month end close and MIS requirements and provides Cost analytics to senior management of Nomura Group division across all regions. The team is comprised of dedicated regional groups based in Powai supporting Global stakeholders in Europe, Asia-Ex, Japan and US.

Position Specifications:

 Role & Responsibilities:

• Support Cost Management & Analytics team in managing month end close and cost allocation across regions and functions as well as for business
• Review and analyse expenses to identify any potential error or inaccuracies and drive corrections and adjustments
• Reporting key financials, producing key analytics and insightful commentaries
• Re-engineer existing processes and report enhancements through system changes or process refinements to drive efficiency, governance and transparency
• Assisting in projects at company or group level and drive completion and implementation
• Maintain and review SOP’s and ensure they are updated at all times
• Performing deep dive variance analysis for Corporate and Business, including allocations to provide meaningful insights to business
• Involve in budgeting and forecast exercise, providing On-Demand ad hoc analytics
• Prepare presentations, reports as per management requests

Key Skills: