Job Title:  FIN_Grp Fin Cntrl_AS

Job Code:  10121
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 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 flexibility. 

 

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 significant proportion of monthly reporting are performed by the team in Mumbai.   

 

Position Specifications:

 

Corporate Title

Analyst

Functional Title

Analyst/ SA

Experience

1-3 years/ 2-4 years

Qualification

CA / CFA

Requisition No.

 

 

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   

 

 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

 

 

 

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We 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.

 

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.