Job Title: FIN-Cost Mgt & Analytics

Job Code: 8105

Country: IN

City: Mumbai

Skill Category: Finance

Description:

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 www.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:

The Corporate finance team performs global and seamless Finance operations including trading and product control, Group financial reporting and disclosure, management information and reporting for decision support, planning and development of financial strategy including funding policies and financial analysis, funding and cash management, tax planning and reporting, investor relations management, and much more.

Business Unit Overview:

The role is in the Global Infrastructure Finance of Nomura's Finance Division, taking responsibility for running processes and projects related to Trade expenses for all regions. It will include Accounting, Reporting and Analytics of Trade expenses in conjunction with colleagues across regions and timezones.

Position Specifications:

Corporate Title	Analyst
Functional Title	Senior Analyst
Experience	2 - 3 years
Qualification	CA/ MBA
Requisition No.

Role & Responsibilities:

Deep dive of Trade cost through preparation of monthly cost reporting packs for senior Management highlighting key expense areas for effective decision making, analysing variances of monthly expenses with budget and substantiation of expenses reflecting in Balance sheet
Actively engage with Business Managers and Regional Controllers in firm wide cost reduction initiatives
Build month end accrual calculation and allocation of trade costs i.e. Exchange, Clearance, Brokerage, Central Security Depository fees etc.
Dealing with ad hoc queries from a number of different sources – business managers, Traders, senior management and regional controllers.
Continuous monitoring ledger, review and tracking of expenses and analyzing with actual invoices. Improve costs allocation methodology to the front office using correct source of volume data
Model various cost saves scenarios based on effective Trade data interpretation.
Ensure internal / external audit compliance

Mind Set:

Mandatory

Desired

Domain

Strong Accounting and Analytical Skills

Problem solver and ability to work independently

Financial services industry exposure / good working knowledge of Capital Market Products

Understanding of different Financial instruments

Proficiency in data interpretation and analysis

Technical

Excel system skills and ability to learn Finance specific systems

Power BI, Alteryx, Tableau or any RPA tools

Identifies and pursues innovative business initiatives that provide a material contribution