Finance Analyst

Wabtec Corporation

Bengaluru, India

#R0069343

Position summary

Wabtec Corporation is a leading global provider of equipment, systems, digital solutions and value-added services for freight and transit rail. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation and Faiveley Transport, the company has unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems. Wabtec is focused on performance that drives progress, creating transportation solutions that move and improve the world. Wabtec has approximately 27,000 employees in facilities throughout the world. Visit the company’s new website at: http://www.WabtecCorp.com.

It’s not just about your career… or your job title…it’s about who you are and the impact you are going to make on the world. Do you want to go into uncharted waters…do things that haven’t been done to make yours and someone else's life better? Wabtec has been doing that for decades and we will continue to do so! Through our people, leadership development, services, technology and scale, Wabtec delivers better outcomes for global customers by speaking the language of industry.

Overview:

The Finance Analyst is a critical role and will partner with cross-functional stakeholders in Program/Project Management, Engineering and Operations to support project-level financial plan, schedules, budget and revenue targets for the month, quarter and fiscal year as per US GAAP and local statutory accounting principles.

Essential Responsibilities:

  • Management of the project level financial accounting and support monthly financial close, invoice and billing process for assigned projects.

  • Accountable for P&L financial performance to ensure projects meet financial and budget targets.

  • Ensure compliance with Corporate accounting practices and procedures and internal controls.

  • Ensure strong project accounting and schedule management of projects.

  • Setup and creation of new projects, tasks and sub tasks to ensure satisfactory realization of project contract requirements as scheduled.

  • Analyze budget and schedule to identify cost out opportunities to meet financial targets. Understand variances between actuals and forecast on schedules and cost information

  • Develop accurate business forecasts. Report on the financial past, present and future performance at a project level with a deep understanding for the drivers behind variances.

  • Analyze product margins and lead cost out opportunities to meet financial targets.

  • Manage an active register of risks affecting project profit, costs and schedule with an action plan to mitigate risks.

  • Support contract margin reviews as scheduled with Finance Manager and minimize variance from prior to current review

  • Maintain costs and schedules by working directly with project/program management and engineering.

  • Coordinate with Project/Program Manager and Finance Manager to develop and maintain periodic status reports to keep management: GM, P&L Finance Manager, VP Professional Services and Engineering Leaders/Managers and CFO informed on financial progress.

  • Lead contract margin reviews as scheduled with Finance Manager and minimize variance from prior to current review.

  • Support business growth projects

  • Close coordination with Operations, Commercial and finance teams

  • Support tender filing process for new business opportunities and lead financial & contract review process to maximize profits

Key Qualifications:

● 2-5  years of multi-faceted finance experience as finance analyst

● CA / CWA/ MBA Finance

● Strong ERP/planning/ cost tracking system experience

● Ability to communicate effectively with cross-functional areas in the business

● Strategic thinking, problem solving and analytical skills

● Superior, proficient use of excel for financials

Wabtec Corporation is committed to taking on the world’s toughest challenges. In order to fulfill that commitment we rely on a culture of leadership, diversity and inclusiveness. We aim to employ the world’s brightest minds to help us create a limitless source of ideas and opportunities. We believe in hiring talented people of varied backgrounds, experiences and styles…people like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.

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About the company

Industry: Industrial: Equipment Manufacturing

At Wabtec, we are in the business of realizing potential. Our employees are the architects of the future. Go just about anywhere and you’ll find us. If you want to move and improve the world, start here.