Senior Executive - Business Finance

About NIIT

At NIIT, were transforming the way the world learns, for the better. Thats why the worlds best run learning functions across 30 countries trust us with their learning and talent. Since 1981, we have helped leading companies transform their learning ecosystems while increasing the business value of learning. Our comprehensive, high impact managed learning solutions weave together the best of learning theory, technology, operations, and services to enable a thriving workforce.

• Link for our LinkedIn page: https://www.linkedin.com/company/niitmts/mycompany/
• Link for our website: https://www.niit.com/en/learning-outsourcing/

Contact: [HIDDEN TEXT]

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Role Purpose

The Senior Executive - Business Finance will support financial planning, budgeting, reporting, and analysis activities across the business. The role is responsible for providing timely and accurate financial insights, monitoring business performance against budgets and forecasts, ensuring financial compliance, and driving process automation initiatives to improve efficiency and decision-making.

Key Responsibilities

Financial Planning & Budgeting

• Support the preparation and consolidation of annual budgets and periodic forecasts.
• Analyze variances between actual performance, budgets, and forecasts, and provide actionable insights.
• Assist business stakeholders in financial planning, budgeting, and cost management activities.
• Monitor key financial performance indicators and highlight risks and opportunities.

Financial Reporting & Analysis

• Prepare management reports, MIS dashboards, and financial performance summaries.
• Ensure timely, accurate, and meaningful reporting for internal stakeholders.
• Conduct financial analysis to support strategic and operational decision-making.
• Provide insights on profitability, revenue trends, and cost optimization opportunities.

Business Performance Monitoring

• Review budget utilization and identify potential deviations well in advance.
• Support corrective actions through robust financial analysis and recommendations.
• Track financial outcomes against business objectives and assist leadership in performance reviews.

Compliance & Controls

• Ensure adherence to financial policies, accounting standards, and internal control requirements.
• Support audit activities and ensure timely closure of audit observations.
• Maintain the accuracy and integrity of financial data and reports.

Process Improvement & Automation

• Participate in finance process improvement and automation initiatives.
• Assist in enhancing reporting systems, dashboards, and analytical tools.
• Support digital transformation efforts within the finance function.

Stakeholder Management

• Collaborate with cross-functional teams to gather financial information and provide business support.
• Build effective working relationships with business leaders and finance teams.
• Communicate financial insights clearly and effectively to both finance and non-finance stakeholders.

Key Performance Indicators (KPIs)

• Timely completion of budgets and forecasts.
• Accuracy and quality of management reporting.
• Variance analysis and actionable recommendations.
• Compliance with audit and internal control requirements.
• Contribution to finance process improvement and automation initiatives.
• Stakeholder satisfaction and responsiveness.

Required Competencies

Functional Competencies

• Financial Planning & Analysis (FP&A)
• Budgeting and Forecasting
• Management Reporting
• Financial Modeling and Variance Analysis
• Cost Management
• Business Performance Monitoring
• Internal Controls and Compliance

Behavioral Competencies

• Strong analytical and problem-solving skills
• Excellent communication and presentation skills
• Attention to detail and accuracy
• Ability to understand the broader business perspective
• Self-driven with a strong sense of ownership
• Ability to work under pressure during month-end closing, budgeting, and audit cycles
• Proactive and solution-oriented mindset
• Strong collaboration and stakeholder management skills

Educational Qualifications Mandatory

• Postgraduate degree in Finance, Commerce, Accounting, or a related discipline.

Preferred

• CA (Inter), CMA, MBA (Finance), M.Com, CFA, or equivalent professional qualification.

Technical Skills Preferred

• Advanced Microsoft Excel skills (Pivot Tables, Power Query, Financial Models, Dashboards)
• Advanced PowerPoint presentation skills
• Knowledge of SAP and accounting systems
• Experience with MIS reporting and business analytics tools
• Exposure to automation tools such as Power BI, Power Query, or similar platforms

Experience Required

• 3 to 5 years of relevant experience in Business Finance, FP&A, Management Reporting, or Financial Analysis.

Preferred

• Experience in service, education, technology, or consulting industries.
• Exposure to budgeting, forecasting, MIS reporting, and audit/compliance processes.