Financial Planning & Analysis - Analyst

Annalect, Omnicom Media Group India Private Limited.; Bengaluru; Hybrid; INR 900,000 - 1,400,000; Full time

Job summary

Omnicom Global Solutions (OGS) in India is seeking a Financial Analyst with strong accounting and analytic skills to support business finance teams delivering solid financial performance. You will work closely with Global Agency Finance teams, gaining exposure to revenue recognition, cost control, and balance sheet presentation across multiple client contracts.

The role emphasizes monthly closing, budgeting, and forecasts, with opportunities to drive process improvements within a hybrid 3 days

Qualifications

• Bachelors or Post Graduate Degree in accounting or finance with 3-5 years of experience in FP&A Operations (mandatory).
• Having prior experience into R2R processes is (Preferred).
• Proficient in Advanced Excel and ability to quickly learn any new ERP or BI Tools
• Having Good Knowledge of US GAAP.
• Flexibility to take up different assignments and not limit oneself to specific set of activities.
• Ability to work both independently and in a team oriented, collaborative environment.
• Flexible and Result Oriented with Strong Written & Oral Communication Skills.
• Experience in Microsoft Dynamics AX, MediaOcean, and Hyperion Financial Management tool is a plus.

Responsibilities

• Support the Finance team in creating financial templates as a part of overall P&A standardization efforts.
• You will prepare monthly financial statements and subsequent reporting to Omnicom following US GAAP for your agency, combining strong knowledge of revenue recognition principles, cost controlling procedures and balance sheet presentation.
• You will gain a deep understanding of all client contracts relevant to your agency, as well as their impact on all revenue, cost and compliance related maters important to your internal control function within the Finance team
• You will be involved in the creation of the annual budget as well as of revised annual forecasts by collecting, processing and analyzing various sorts of information points with regard to revenue and costs by providing accurate and well-analyzed financial information, you will enable your Reporting team leads, Finance Business Partners as well as Agency Management to make successful and efficient decision making.
• Provide support as new processes are coordinated and identify process improvement opportunities.
• Cost Analysis, Head count analysis etc.
• Maintain business teams’ P&Ls; collaborate closely with business partners in managing the financials of the account, flagging variances and out-of-ordinary transactions
• Manage month-end close activities for certain areas including recording JEs and accruals
• Perform a variety of financial analyses to determine financial health compared to Budget as directed by the Finance Manager.
• Assist in regular FP&A consolidation activities including but not limited to template creation and commentary collection
• Act as finance support for various operational initiatives, new tool implementations, global policy rollouts, etc.
• Assist in other finance activities such as timesheet reporting, invoice/PO creation, billing queries and data entry.
• Build trusted relationships with department heads and key business partners to assist in analyzing and tracking scopes.

Skills

FP&A

Journal Entries

Excel

Tools

US GAAP

Dynamics AX

Job description

Overview

Experience: 3-5 Years

Skills: FP&&A+ Journal Entries+ Excel

Location: Bangalore /Hyderabad/Chennai /Coimbatore/Pune/Gurgaon

Shift: 2 PM -11 PM IST (Day light Saving 3 PM - 12 AM IST)

Hybrid Model : 3 Days work from office per week

About Omnicom Global Solutions

Omnicom Global Solutions (OGS) is Omnicom's integrated solutions engine, bringing together a global talent community and connected capabilities to build adaptive, future-ready solutions.

As an integral part of Omnicom, the world's leading marketing and sales company, OGS helps agencies and clients navigate what's next through expertise spanning Media, Data & Analytics, Technology, Creative, Strategy & Insights, MarTech, Commerce, Healthcare, and Business Support Solutions.

With over 8,000 professionals across India, the Philippines, and Colombia, and a growing global footprint, OGS combines deep domain expertise with scaled delivery to drive innovation, accelerate growth, and create meaningful business impact.

At OGS, the future is tested, built, and scaled every day for some of the world's most ambitious agencies, brands, and clients.

Role Overview

OGS India is seeking a Financial Analyst with strong accounting and analytical skills to help support the business finance teams that continues to deliver strong financial performance. This might be a great fit if you have a strong flair of analytical and accounting skills and would like to be part of a growing team. You will be closely working with our Global Agency Finance teams

Responsibilities

• Support the Finance team in creating financial templates as a part of overall P&A standardization efforts.
• You will prepare monthly financial statements and subsequent reporting to Omnicom following US GAAP for your agency, combining strong knowledge of revenue recognition principles, cost controlling procedures and balance sheet presentation.
• You will gain a deep understanding of all client contracts relevant to your agency, as well as their impact on all revenue, cost and compliance related maters important to your internal control function within the Finance team
• You will be involved in the creation of the annual budget as well as of revised annual forecasts by collecting, processing and analyzing various sorts of information points with regard to revenue and costs by providing accurate and well-analyzed financial information, you will enable your Reporting team leads, Finance Business Partners as well as Agency Management to make successful and efficient decision making.
• Provide support as new processes are coordinated and identify process improvement opportunities.
• Cost Analysis, Head count analysis etc.
• Maintain business teams’ P&Ls; collaborate closely with business partners in managing the financials of the account, flagging variances and out-of-ordinary transactions
• Manage month-end close activities for certain areas including recording JEs and accruals
• Perform a variety of financial analyses to determine financial health compared to Budget as directed by the Finance Manager.
• Assist in regular FP&A consolidation activities including but not limited to template creation and commentary collection
• Act as finance support for various operational initiatives, new tool implementations, global policy rollouts, etc.
• Assist in other finance activities such as timesheet reporting, invoice/PO creation, billing queries and data entry.
• Build trusted relationships with department heads and key business partners to assist in analyzing and tracking scopes.

Qualifications

Required Qualifications

• Bachelors or Post Graduate Degree in accounting or finance with 3-5 years of experience in FP&A Operations (mandatory).
• Having prior experience into R2R processes is (Preferred).
• Proficient in Advanced Excel and ability to quickly learn any new ERP or BI Tools
• Having Good Knowledge of US GAAP.
• Flexibility to take up different assignments and not limit oneself to specific set of activities.
• Ability to work both independently and in a team oriented, collaborative environment.
• Flexible and Result Oriented with Strong Written & Oral Communication Skills.
• Experience in Microsoft Dynamics AX, MediaOcean, and Hyperion Financial Management tool is a plus.

Preferred Qualifications

• FP&A
• R2R