Financial Reporting Analyst(CPM Experience)

Wolters Kluwer is a global leader in professional information services. Professionals in the areas of legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare rely on Wolters Kluwer's market leading information-enabled tools and software solutions to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world. Wolters Kluwer combines deep domain knowledge with specialized technology. Our portfolio offers software tools coupled with content and services that customers need to make decisions with confidence. Every day, our customers make critical decisions to help save lives, improve the way we do business, build better judicial and regulatory systems. We help them get it right.

The role

• In this role, you will contribute towards solution development using data science skills for a range of data analytics problems.
• You will work closely with finance teams to ensure that Corporate Performance Management (CPM) Financial Reporting and Planning Tools support their needs and drives efficient financial operations.
• You will be working within the Wolters Kluwer Finance Shared Services (FSS) organization to support the Financial Leadership in identifying financial strategic needs and directions for FSS.

Key responsibilities

Financial System Administration:

• Administer the Tagetik CPM system/tool to ensure its smooth operation and alignment with financial processes.
• Data Loading and System Logic – mapping rules, cost center creation, account hierarchy, allocations)
• Business Finance User Support including problem resolving any functional and technical issues
• Conduct regular system maintenance, including updates, patches, and backups, to ensure system reliability and security
• Manage user access, roles, and permissions to safeguard financial data and maintain system integrity

Financial Process Support:

• Configure and maintain financial planning, budgeting, and forecasting modules within Financial Systems such as Tagetik.
• Develop and manage financial models, reports, and dashboards to support budgeting and forecasting activities.
• Collaborate with finance teams to integrate financial data, including P&L, balance sheets, and cash flow statements, into the Tagetik system.

Business Opportunity Identification and Optimization:

• Gather requirements (Production and Development) and documentation of business needs (changes/enhancements). With an understanding of system capabilities, translate those requirements into functional and technical design for workflows, forms, reports, interfaces, conversions, and system enhancements -- conducting system validation and testing
• Assist in identifying business unit opportunities and challenges by continually reviewing and analyzing financial and operational data.
• Model trends, identify relationships, and spot opportunities.
• Test hypotheses and alternatives to find optimal solutions.
• Collaborate with other leaders to identify new business models and workflows.
• Identify opportunities for system improvements and optimizations to enhance financial planning and reporting processes.

Project Management:

• Support financial system projects, including system upgrades, new implementations, or integrations with other financial systems.
• Manage project timelines, deliverables, and coordinate with stakeholders to ensure successful project outcomes.

Data Mining and Analytics Skills:

• Proficient in data mining and data analytics to derive insights from various datasets.

Stakeholder Management

• Foster positive and professional relationships with all stakeholders in the workplace for effective collaboration and communication

Key skills and experience required

• Good to have prior experience in Data science & basic finance knowledge.
• Required: Bachelor’s degree in data science/analytics, finance, accounting, or economics or Engineering in Computer Science, or related quantitative field
• Proficiency in data integration, management, and scripting within Corporate Performance Management Tools such as Tagetik.
• Strong python programming skills for data transformations
• Preferred: Advanced Excel & SQL
• Sound Knowledge of statistical modelling
• Strong analytical skills; capable of multi-tasking in fast-paced, dynamic environment
• Ability to communicate effectively to multiple constituencies in multiple platforms including email.
• Pricing execution and/or sales support experience is preferred.

Physical Demands

Minimum 2 days working from office (Pune-Kalyani Nagar).

The above statements are intended to describe the general nature and level of work being performed by most people assigned to this job. They are not intended to be an exhaustive list of all duties and responsibilities and requirements.