Asset Recovery - Financial Analyst

Asset Recovery - Financial Analyst

Description -

Asset Recovery – Job Description

Asset Recovery

HP Inc Asset Recovery professionals provide a full range of multidimensional and complex assessments & reviews, consulting, financial advisory, risk management, compliance & tax reviews, process improvements, process reengineering etc. with a view to improve the bottom line of the company.

Inhouse and external process specialists allows the Asset Recovery team to provide best in class services to both our internal and external stakeholders.

Comprehensive Procure to Pay and Order to Cash process knowledge coupled with access to data places us in a unique position, with the ability to map end to end process, provide significant analytical insights, suggest process standardization & automation, and most importantly identify financial leakages within these functions.

Asset Recovery’s purpose is associated with making an impact that matters to the Business - direct bottom-line savings. Our multi-layered analytics approach across our extensive spectrum of services enables us to help our clients improve their processes and become front-runners wherever they choose to compete.

Constant innovation and improvising audit strategies to meet QoQ Financial goals keeps an Asset Recovery professional looking for greenfield projects and new initiatives every Quarter.

We are committed to investing in our people and empowering them to achieve more in a dynamic and intricate business environment.

Roles & Responsibilities

• Engage with vendors / partners to track and ensure compliance in financial and physical claims.
• Conducts reviews without supervision using client data to identify errors and recover.
• Analyses and assesses problems regarding business claims procedure and business operations based on appropriate accounting and financial manuals.
• Utilizes appropriate concepts and proprietary tools/reports to conduct reviews by examining financial data.
• Inspects and evaluates financial information including (but not limited to) buyers’ files, business standards, manifests, purchase orders, invoices, statements, and invoices in order to audit and analyze business operations.
• Structured and organized, able to quickly build detailed review plans and meeting cadences to drive teams to exceed financial objectives.
• In-depth knowledge of accounting principles, including such concepts as cost accounting and allocations, overhead, manufacturing costs, general ledger and financial statements.
• Strong background in accounting systems with an emphasis on Procurement and Accounts Payable desirable.
• Use internal data and systems to identify payment variances to determine appropriate actions and to address inaccurate payments to suppliers/ Partners.
• Review complex transaction structures to determine the tax treatment of transaction costs in accordance with tax laws.
• Ability to quickly learn Asset Recoveries reporting & analytics requirements including methodology, transactions and closing processes.
• Proven experience in Financial Reporting, Analysis, FP&A and month end processes
• Develops an understanding of HP's financial processes and a working knowledge of the business.
• Assists in training team member.
• Align recovery and team objectives with the company’s goals.

HP WAY : Be an HPian

• Defy the status quo.
• Move fast, learn, adapt.
• Act with uncompromising ethics.
• Collaborate for best results.
• Seek insights.
• Deliver on commitments.

Skillset Requirements:

• Basic understanding of the recovery reviews and cost savings. Has financial business acumen, E2E knowledge of P2P, O2C, Contra and Procurement functions common business practices and contract language.
• Proficient with Microsoft Office programs including Excel, Access, and PowerPoint (able to create pivot tables, queries, etc)
• Takes a systematic and logical approach to problem solving.
• Works effectively under pressure and rises to challenge - Recovers quickly from setbacks without losing momentum.
• Excellent spoken and written communications skills. Experience with reporting
• The incumbent should be able to maintain high accuracy, productivity standards and should have willingness to learn.
• Working knowledge on SAP S4 Hana, Ariba, Oracle, P360, Orion, Power BI will be an added advantage.
• Align recovery and team objectives with the company’s goals.
• Can read the audience and adapt communication to audience needs.
• Strong strategic thinking and business acumen, with the ability to align process strategies with overall business goals and recovery objectives.
• Agile and adaptable, thriving in a fast-paced and constantly evolving environment.

Education and Experience Required:

• Bachelor’s degree or above in finance, accounting, economics, business, management, related disciplines
• Typically, 7+ years of work experience.
• Typically, 4+ years’ experience in an accounting environment

Job -

Finance

Schedule -

Full time

Shift -

No shift premium (India)

Travel -

Relocation -

Equal Opportunity Employer (EEO) -

HP, Inc. provides equal employment opportunity to all employees and prospective employees, without regard to race, color, religion, sex, national origin, ancestry, citizenship, sexual orientation, age, disability, or status as a protected veteran, marital status, familial status, physical or mental disability, medical condition, pregnancy, genetic predisposition or carrier status, uniformed service status, political affiliation or any other characteristic protected by applicable national, federal, state, and local law(s).

Please be assured that you will not be subject to any adverse treatment if you choose to disclose the information requested. This information is provided voluntarily. The information obtained will be kept in strict confidence.

For more information, review HP’s EEO Policy or read about your rights as an applicant under the law here: “Know Your Rights: Workplace Discrimination is Illegal"