Financial Analyst - 1

Role Highlights

Position

Financial Analyst – I

Location

Bangalore

Work Mode

Work from office

Experience

Fresher or up to 1 year of relevant experience

Education

B.Com / BBA / MBA / M.Com

Job Description

As a Financial Analyst I, you will

Understand the client's business, procurement processes, financial processes, systems, and data to identify potential areas of financial leakage and recovery.

Analyze large volumes of financial and transactional data to identify unusual patterns, exceptions, discrepancies, and potential recovery opportunities.

Apply inquisitive thinking by asking the right questions, challenging assumptions, investigating exceptions, and understanding why a particular transaction or variance occurred.

Identify and validate opportunities such as duplicate payments, overpayments, missed credits, pricing discrepancies, discounts, rebates, vendor funding, contract compliance issues, and other financial leakages.

Reconcile vendor statements with client Accounts Payable data to identify missing credits, unprocessed invoices, unapplied balances, and other discrepancies.

Review agreements, invoices, purchase orders, emails, statements, and other supporting documents to validate findings and identify additional opportunities.

Connect information across different data sources and supporting documents to identify opportunities that may not be visible from standard reports alone.

Develop a strong understanding of each client's business and use that understanding to identify new audit opportunities and deliver measurable financial value.

Use internal audit tools, client systems, Excel, SQL, and other analytical tools to investigate and validate findings.

Clearly document findings, supporting evidence, calculations, and the rationale behind identified opportunities.

Work closely with senior analysts and audit managers during new client engagements, data discovery, opportunity identification, and claim validation.

Contribute ideas for improving audit methods, identifying new opportunities, and strengthening existing audit procedures.

Participate actively in knowledge sharing sessions and continuously build knowledge across clients, industries, financial processes, and audit areas.

Must have skills

Strong analytical and problem solving skills, with the ability to interpret financial and transactional data.

An inquisitive mindset with the willingness to ask questions, investigate unusual transactions, and understand the reason behind a variance or exception.

Ability to understand a client's business processes and connect business understanding with financial data.

Good understanding of Accounts Payable, Procure to Pay processes, and basic accounting principles.

Strong attention to detail while also being able to identify patterns and relationships across large volumes of data.

Ability to work with unfamiliar data and business processes and learn quickly when working with new clients.

Ability to communicate findings and explain the rationale behind an identified opportunity clearly.

Ownership mindset with the ability to independently investigate an issue before reaching a conclusion.

Good to have skills

Good working knowledge of Microsoft Excel and PowerPoint.

Basic knowledge of SQL or other data analysis tools.

Exposure to Accounts Payable, procurement, finance, audit, reconciliation, or financial analysis.

Understanding of invoices, purchase orders, vendor statements, contracts, payment terms, credits, discounts, and rebates.

Ability to manage multiple priorities and work within agreed timelines.

Experience

0 to 1 years of relevant experience.

Fresh graduates with strong analytical aptitude, curiosity, and an interest in financial analysis, data analysis, audit, or procurement are encouraged to apply.