Job Title:  FIN_Grp Fin Cntrl_AN

Job Code:  11153
Country:  IN
City:  Mumbai
Skill Category:  Finance
Description: 

Nomura Overview:
Nomura is a global f inancial 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 f irm 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, f inancial control, operations, risk
management and legal support, the f irm plays a key role in facilitating t he 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 f inance team performs global and seamless Finance operations including trading and
product control, Group f inancial reporting and disclosure, management information and reporting for
decision support, planning and development of f inancial strategy including funding policies and f inancial
analysis, funding and cash management, tax planning and reporting, investor relations management,
and much more.
Business 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 f lexibility.
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
signif icant proportion of monthly reporting are performed by the team in Mumbai.

 

Role & Responsibilities:

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

 

Mind Set:
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