Job Title:  FIN_Cst Mgmt & Analytics_AS

Job Code:  10824
Country:  IN
City:  Mumbai
Skill Category:  Finance
Description: 

Nomura Overview:

 

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment 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 supports 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 facilitating the group’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.

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

Associate

Functional Title

Manager

Experience

6 - 8 years

Qualification

Chartered Accountant

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 KPIs like budget, Revenue & Balance sheet 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 analysing 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. Ensure all Control & Governance models for Trade expense accounting are adhered to.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mind Set:

 

 

Mandatory

Desired

Domain

Strong Accounting and Analytical Skills. Should have exposure to IFRS / GAAP accounting of Financial instruments.

 

Problem solver and ability to work independently.

 

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

Understanding of different financial instruments & their accounting treatments

 

Proficiency in data interpretation and analysis

Technical

 

Excel & use of Digital tools 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.

 

 

Nomura Leadership Behaviours:

 

Leadership
Behaviours

Description

Element

Exploring Insights & Vision

Comprehensively
analyse the nature
of the problems we
face and set our
focus toward the
future vision

-Gather Intelligence
-Create a vision
-Identify an issue

Making Strategic Decisions

Analyse options and
feasibility to resolve
issues, in making
judgments and
recommendations

-Identify countermeasures
-Assess feasibility
Make a judgment

Inspiring Entrepreneurship in People

 Promotes the vision
and goals to others
in such a way that
inspires commitment
and independent 
contributions

-Influence
-Inspire
-Commit

Elevating Organizational Capacity

Maximize
organizational
productivity through
leadership
development and
engagement

-Have an Ownership in
Own Development
-Support other‘s
growth
-Encourage
organizational growth

Inclusion

Respect diverse
perspectives and
promote
psychological safety
and the creation of a
risk culture

-Foster psychological
safety
-Encourage the active
participation of all
talent
-Foster a risk culture

 

 

The firm is an equal opportunity employer, and we are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. The firm and its affiliates prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.