Senior Lead, FP&A

Job Description:

Job Title: Senior Lead, FP&A

Location: Indore, India (Onsite)/Bangalore, India (Hybrid)

Looking for Qualified Chartered Accountant with 7-10 years of experience in Financial Planning and Analysis

Why should you choose us?

Rakuten Symphony is reimagining telecom, changing supply chain norms and disrupting outmoded thinking that threatens the industry’s pursuit of rapid innovation and growth. Based on proven modern infrastructure practices, its open interface platforms make it possible to launch and operate advanced mobile services in a fraction of the time and cost of conventional approaches, with no compromise to network quality or security.

Rakuten Symphony has operations in Japan, the United States, Singapore, India, South Korea, Europe, and the Middle East Africa region. For more information, visit: https://symphony.rakuten.com.

Building on the technology Rakuten used to launch Japan’s newest mobile network, we are taking our mobile offering global.

To support our ambitions to provide an innovative cloud-native telco platform for our customers, Rakuten Symphony is looking to recruit and develop top talent from around the globe. We are looking for individuals to join our team across all functional areas of our business – from sales to engineering, support functions to product development.

Let’s build the future of mobile telecommunications together!

About Rakuten Group, Inc. (TSE: 4755) is a global leader in internet services that empower individuals, communities, businesses and society. Founded in Tokyo in 1997 as an online marketplace, Rakuten has expanded to offer services in e-commerce, fintech, digital content and communications to 2 billion members around the world. The Rakuten Group has over 30,000 employees, and operations in 30 countries and regions. For more information visit https://global.rakuten.com/corp/.

What Do We Expect From You:

FP&A Lead controls and ensures review of consolidated financials at group level, reviews the inter-company balances, prepares Business unit (BU) wise P&L while accurately predicting future and control actuals with budget. Provides financial insight to BU Leaders and Top Management. Works with BU and Corporate Functions to improve accuracy of forecast and budgeting and initiate controlling process to maintain targets.

Responsibilities

• Annual budgeting for various Business units and support functions with in-depth analysis of YoY movement and alignment with organization goals
• Preparation of Monthly PL reports for various Business units and support functions

• Responsible to support weekly forecasting for various BU and CFs

• Preparation and finalisation of the Business Plan including capital budgeting after incorporating all the inputs from all relevant constituents.
• Active member of the FP&A team, reporting to and supporting Director, FP&A.

• Work on various entity input to streamline data in single format to enable consolidation

• Co-ordinate with accounting teams to improve data quality on a regular basis

• Assist in consolidation of month end accounts for management reporting

• Good understanding of consolidation, intercompany reconciliation, use of accounting tools / platforms like BPC, STRAVIS, SAP etc.

• Conduct monthly meetings with certain business units/ support functions to review monthly results and guide on full year forecasting

• Work with certain Business Units / Corporate Functions understand the accounting impacts of their costs / revenue and also partner with them as FP&A Business Partner

• Managing Headcount details accurately and corroborating it with actuals.
• Support CFO office in management presentations, audit queries, business profitability & cost analysis
• Coordination with BU leaders for monthly results and walk thru the analysis backed by coordination with accounting team for understanding actual costs.
• Weekly / Monthly review with business units for accurate Revenue forecast and Pipeline projects
• Responsible to monitor and control BU P&L and help establishing approval process for procurement based on Forecast & Budget
• Profitability improvement – Help finding team areas of cost saving and help them implementing the same.
• Supports organization on Performance review through insights on actual figures and accounting topics and answering all questions
• Taking Lead in various AI initiatives to automate the periodic reporting systems, improving efficiency and precision
• Support the Operation heads at various locations and across verticals from planning and reporting perspective to ensure smooth operations

Required Skills:

• Qualified Chartered Accountant with 7-10 years of experience in Financial Planning and Analysis

• Strong conceptual knowledge of consolidation, intercompany reconciliation, financial planning and analysis and business decision support process.

• Ability to handle high pressure environment and tight deadlines

• Strong Verbal and written/presentation communication skills
• High adaptability and ability to work across functions with Senior leaders in the organization
• Ability to understand the business model and drivers of top-line and bottom-line.
• Good skills to work with various teams across group companies.

Competencies:

• Problem Solving, Collaboration Skills, Master in Excel, Automation Skills, Basic knowledge of ERP (SAP), STRAVIS, BPC, Anaplan (preferable), Fluent English

Additional Qualifications (Helpful):

• Bachelor’s degree in Computer Science Engineering, IT, or a related field.

• Familiarity with the telecom industry and its key players.

Rakuten Shugi Principles:

Our worldwide practices describe specific behaviours that make Rakuten unique and united across the world. We expect Rakuten employees to model these 5 Shugi Principles of Success.

• Always improve, always advance. Only be satisfied with complete success - Kaizen.

• Be passionately professional. Take an uncompromising approach to your work and be determined to be the best.

• Hypothesize - Practice - Validate - Shikumika. Use the Rakuten Cycle to success in unknown territory.

• Maximize Customer Satisfaction. The greatest satisfaction for workers in a service industry is to see their customers smile.

• Speed!! Speed!! Speed!! Always be conscious of time. Take charge, set clear goals, and engage your team.