IBM - Financial Planning & Analysis Professional - Strategic Business Partnering

Department Icon Accounting & Finance
137+ Applicants
Posted: 3 weeks ago
15-23 years
Bangalore,Hyderabad,Gurgaon/Gurugram
work from office

Posted: 3 weeks ago
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Applicants: 137+
Job Description
About Company
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Job Description

Company Overview:
IBM India Pvt. Limited is a global technology and consulting company, providing a wide range of services and solutions across various industries. IBM helps clients transform their businesses through integrated solutions that leverage data, AI, automation, and hybrid cloud technologies. With a significant presence in India, IBM serves a diverse client base, enabling them to innovate and achieve their strategic objectives.
Role Overview:
As an FP&A & Strategic Business Partner, you will be a key member of the finance team, providing financial leadership and strategic insights to drive business performance. You will collaborate closely with business leaders (CFO and Executives), acting as a trusted advisor to influence decision-making and optimize resource allocation. This role involves developing financial models, conducting in-depth analysis, and presenting findings to senior management, ultimately contributing to the company's growth and profitability.
Key Responsibilities:
- Person should be well proficient in financial modelling (including remodeling) and assessing the financial impact of changes to any of the areas in the Business Case- changes to dates, bands, new roles identified, move locations, and all other possible reasons. Non-Headcount cost of finance which client incurs and any changes to the profile as well. Purely Excel based environment, so experience based on complex Excel models is required.

- Value committed to the client is owned by IBM and it is not a passive reporting role. Person will need to have maturity to challenge the changes backed with data. The details also feed into client forecasts and board reporting. It is a critical role both for IBM and for the client team.
- Develop and maintain complex financial models to forecast business performance, identify trends, and support strategic initiatives.
- Conduct in-depth financial analysis of key performance indicators (KPIs), providing insights and recommendations to improve profitability and efficiency.
- Partner with business leaders to develop and execute strategic plans, ensuring alignment with financial goals and objectives.
- Prepare and present financial reports to senior management and the board of directors, communicating key findings and recommendations.
- Manage the budgeting and forecasting process, ensuring accuracy and alignment with business objectives.
- Evaluate investment opportunities and provide financial analysis to support decision-making.
- Monitor and analyze industry trends and competitive landscape to identify opportunities and threats.
- Drive process improvements and automation initiatives to enhance efficiency and accuracy of financial reporting and analysis.
- Oversee the preparation of P&L statements and other financial reports, ensuring compliance with accounting standards and regulations.
- Lead cost analysis initiatives to identify cost-saving opportunities and improve profitability.

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Required Skillset:

- Demonstrated expertise in financial analysis, financial modeling, and business analysis, enabling data-driven decision-making.
- Proven ability to develop and execute financial strategies that align with business objectives.
- Strong understanding of corporate finance principles and practices, including budgeting, forecasting, and investment analysis.
- Excellent communication and presentation skills, with the ability to effectively communicate complex financial information to non-financial audiences.
- Exceptional stakeholder management skills, with the ability to build strong relationships and influence decision-making at all levels of the organization.
- Experience in strategy consulting, providing strategic insights and recommendations to drive business growth.
- Proficiency in P&L management and board reporting, ensuring transparency and accountability.
- Strong analytical and problem-solving skills, with the ability to identify and resolve complex financial issues.
- Bachelor's degree in Finance, Accounting, or a related field; MBA or advanced degree preferred.
- Ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities.

Skills

AccountingBudgetingBudgeting And ForecastingBusiness AnalysisAccounting StandardsCost AnalysisP&l ManagementCfoFinanceFinancial Planning & Analysis

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About Company

The American multinational technology company known as the International Business Machines Corporation (IBM), affectionately dubbed Big Blue, is headquartered in Armonk, New York, and operates in more than 175 countries worldwide. Renowned as the largest industrial research entity globally, IBM boasts 19 research facilities spread across a dozen countries, holding the record for the most annual U.S. patents generated by a business for an unprecedented 29 consecutive years, spanning from 1993 to 2021.

Established in 1911 as the Computing-Tabulating-Recording Company (CTR), IBM initially served as a holding company for manufacturers specializing in record-keeping and measurement systems. It underwent a name change to "International Business Machines" in 1924, swiftly emerging as the foremost manufacturer of punch-card tabulating systems. Throughout the 1960s and 1970s, IBM's dominance soared with its pioneering IBM mainframe, notably the System/360, which cornered 80 percent of the U.S. computer market and 70 percent globally.

In the 1980s, IBM ventured into the microcomputer market with its groundbreaking IBM Personal Computer, widely recognized as the PC, marking one of the company's most successful products. However, due to oversight in intellectual property protection, IBM faced challenges from emerging competitors, leading to a decline in its market share. Nonetheless, the openness of the PC platform ensured its enduring popularity as a microcomputer standard.

From the 1990s onward, IBM embarked on restructuring initiatives, divesting from commodity production, including the sale of its personal computer division to the Lenovo Group in 2005. Subsequently, IBM shifted its focus to computer services, software, supercomputers, and scientific research. Its supercomputers consistently rank among the world's most powerful since the turn of the millennium, with a notable milestone in 2001 as the first company to amass over 3,000 patents in a single year, surpassing this feat in 2008 with over 4,000 patents. As of 2022, IBM holds an impressive portfolio of 150,000 patents.

As a venerable technology giant, IBM has been credited with numerous technological breakthroughs, including the automated teller machine (ATM), dynamic random-access memory (DRAM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the SQL programming language, and the UPC barcode. Additionally, IBM has made significant strides in advanced computer chips, quantum computing, artificial intelligence, and data infrastructure. Its employees and alumni have received prestigious accolades for scientific research and inventions, including six Nobel Prizes and six Turing Awards.

IBM is publicly traded and part of the Dow Jones Industrial Average, ranking among the world's largest employers with over 297,900 employees globally as of 2022. Despite facing relative challenges within the technology sector, IBM maintains its position as the seventh-largest technology company by revenue and the 49th largest overall, according to the 2022 Fortune 500. It consistently garners recognition as one of the world's most recognizable, valuable, and admired brands.

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Application Deadline

23 Jun 26, 06:24 PM IST

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IBM - Financial Planning & Analysis Professional - Strategic Business Partnering

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