Associate Manager

Company: HP
Company: HP
Location: Bangalore, Karnataka, India
Commitment: Full time
Posted on: 2023-11-12 05:05
Associate ManagerDescription -Asset Recovery – Job Description – Associate ManagerAsset RecoveryHP 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 & ResponsibilitiesSupervises a team of individual contributors that typically support moderately complex global financial processes. Responsible for hiring, setting, and monitoring of annual performance plans, coaching, and career development; ensures that the proper tools are in place to support the team and the processes. Leads a moderately complex transactional accounting process supporting HP's global finance function, typically exercising a basic understanding of the business to determine the best method for achieving objectives. Ensures the accuracy and timeliness of accounting support. Proactively identifies opportunities for the development of systems and tools and engages in the design.People ManagementProvides timely and constructive feedback to direct reports on work & behaviour.Customarily and regularly directs the work of at least 8 or more full-time employees.Breaks project goals down into individual analyst goals; ensures that all assignments for the project team are distributed appropriately and that deadlines for the project team are met.Taking the initiative to seek continuous learning opportunities, coaching and mentoring feedback, key developmental experiences, self-directed learning and formal learning.Develop high-performing people and teams through challenging and meaningful opportunities Act as a role model, embracing and living our purpose and values, and recognizing others for the impact they makeResponsible to develop a talented finance team to adapt to HP culture and requirements and ensure team satisfaction meet management expectationResponsible for the people management of the team including goal setting, reviews with a focus on development of different job levels of employeesFunctional & AnalyticsAbility to understand multiple processes and simultaneously map potential process gaps. Experience in performing and interpreting trending analysis and developing recovery identification strategies and demonstrate strong problem-solving skills, including creativity and innovative thinking.Build analytical or statistical modelling to zero in opportunities to unearth process failures and financial leakages.Forecasts, manages, and reports on project financials, planned vs actual project schedule, and resource utilization. Provides weekly status reports to communicate with senior leadership.Knowledge of and experience in audit, project controls and/or estimating, accounting techniques are required. Additionally, excellent interpersonal, communication and presentation skills will be an addonProvides senior level input/research on recoveries challenged by partners/suppliers.Business DevelopmentInnovative problem-solver; proactive diagnosis and resolution of issues, brings creativity, originality and tenacity to problem solving. Uses available technology in ways to increase productivity as well as identify and resolve problems in a timely manner, individually and in team settings. attention to detail and ability to spot trends and deviations.Drive a culture of continuous improvement and proactively identify opportunities for process enhancements and cost reduction. Conceptualizing cost reduction initiatives, deploying spend analytics, contract analytics, category profiling and opportunity identification, cost modelling & financial analysis, risk analysis and supplier performance assessment. Self-motivated to improve standards and identify opportunities to advance knowledge and skills of self and team. Ability to train, motivate and manage less experienced analysts.Strong strategic thinking and business acumen, with the ability to align process strategies with overall business goals and recovery objectives.Background in understanding and assessing operational processes and internal controls, including identifying breakdown and recovery opportunities and defining practical recommendations for improvement.Provides insight and recommendations for greenfield area’s: may work with IT/BU’s and finance to implement process.Data Visualization in Tableau and create interactive dashboard for the business usersDevelop strategic reports to provide predicative analytics that allow our leaders to augment business decisionsStakeholder & Program Management (Internal & External Recovery Engagements)Program manages new initiatives from identification, building proof of concept, creating business cases, obtaining relevant stakeholder buy-ins, deployment of analytics and managing operations to deliver profitable engagements.Lead/participate in complex negotiations with suppliers/partners to recoup identified lost profits.Engage with vendors / partners to track and ensure compliance in financial and physical claims.Handles correspondence across multiple concepts, accurately interpreting the main issue in vendor/client correspondence and addressing it professionally, in a clear, thorough and concise manner.Excellent leadership and communication skills, with the ability to collaborate effectively with cross-functional teams and influence stakeholders at all levelsCollaborate closely with cross-functional teams, including P2P, O2C, Contra, Sales Operation, GIP, Supply Chain, Logistics and other BU’s to gather data and insights to drive successful engagements.Deliver exceptional client service; maximize results and drive high performance from people while fostering collaboration across businesses and bordersEducation and Experience Required: Bachelor’s degree or above in finance, accounting, economics, business, management, related disciplinesTypically, 14+ years of work experience.Typically, 10+ years’ experience in an accounting environment and/or Finance Strategies or Financial Service Delivery, Financial Planning & Analysis and/or Finance or Service Operations.Professional finance or accounting qualification (MBA,CFE, CMA,etc) and people manging experience would be an added advantageCandidates with PMP certification preferred.Candidates with experience in Big 4 Audit firms will be an added advantage.Job -FinanceSchedule -Full timeShift -No shift premium (India)Travel -Relocation -EEO Tagline - HP Inc. is EEO F/M/Protected Veteran/ Individual with Disabilities.
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