Team Lead

HCL Technologies Limited; Chennai District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

HCL Technologies Limited in Chennai seeks an Analyst to develop financial forecasts, monitor performance, manage monthly accruals and perform variance analysis for actionable decision-making.

The role requires strong analytical skills, solid understanding of accrual accounting, and the ability to partner with cross-functional Finance, Operations, Procurement and AP teams to drive forecast accuracy and financial discipline.

Qualifications

• Bachelor's degree in Finance, Accounting or related field.
• 2-3+ years of FP&A experience.
• Strong understanding of forecasting and accrual accounting concepts.
• Proficient in Microsoft Office applications.

Responsibilities

• Assist budgeting and forecasting processes including annual budgets and quarterly forecasts.
• Prepare and review monthly accrual calculations and ensure correct period recognition.
• Develop financial models and dashboards to monitor performance and variance analysis.
• Collaborate with cross-functional teams and present insights to leadership.

Skills

Forecasting

Accrual accounting

Analytical skills

Cross-functional collaboration

Education

Bachelor's degree in Finance, Accounting or related field

Tools

Power BI

Excel

Word

Outlook

Job description

The Analyst will be responsible for developing financial forecasts, monitoring business performance, managing monthly accruals, and performing detailed variance analysis to provide actionable insights for decision-making. Looking for a strong financial and analytical skills, a solid understanding of accrual accounting principles, and the ability to partner effectively with cross-functional stakeholders to drive financial discipline and forecast accuracy.

Key Responsibilities

Budgeting & Forecasting

• Support annual budgeting, quarterly/half yearly reforecasting.
• Collaborate with various department leads to gather financial inputs and assumptions.
• Develop and maintain financial models to forecast expenses, headcount, and other major operational metrics.
• Analyse historical trends and process drivers to improve forecast accuracy.
• Year over year comparison reports.
• Uploading finalised values into Vena (Financial tool).
• Create dashboards and reports using Power BI, Excel, vendor portals, etc.,
• Perform monthly variance analysis to identify and explain key drivers impacting financial results, including volume, rate, head count and operational factors.
• Callout immediately when unusual expenses or incorrect entries.
• Track forecast-to-actual accuracy and identify areas for continuous forecast improvement.
• Validation of high $ vendor invoices.
• Maintain month on month vendor spend against the budgeted numbers.
• Initiate Purchase Requisitions based on the approved budget on behalf of reviewers.
• Manage PO change orders and onboarding vendors.

Accrual Management

• Prepare and review monthly accrual calculations for various department.
• Ensure expenses are recorded in the correct accounting period in accordance with accrual accounting standards.
• Coordinate with Collections team for gathering pending and current commission expenses.
• Communication to the stakeholders and coordinate with FR for the final entry.
• Identify opportunities to improve accrual accuracy and streamline close processes.
• Identify missing invoices and coordinate with vendor/requestor.

Stakeholder Management

• Support business reviews by providing financial insights and recommendations.
• Present findings and financial analyses to senior leadership.
• Partner with Finance, Operations, Procurement, and AP teams.
• Prepare cost impact during contract renewal and price amendment.

Skill Requirements

Required Qualifications

• Bachelor's degree in Finance, Accounting or related field.
• 2-3+ years of experience in FP&A.
• Strong understanding of Forecasting and Accrual accounting concepts.
• Strong knowledge of Microsoft Office (Word, Excel, Outlook, etc.).

At HCLTech, you'll supercharge your potential. You'll find your career. And you'll find your spark. All at a place that knows that helping its customers stay on top starts by putting its people first.

HCLTech is a global technology company, home to more than 223,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending June 2026totaled $14.8billion.