Team Lead

Chennai, Tamil Nadu

Job Summary

The Analyst will be responsible for developing financial forecasts, monitoring business performance, managing monthly accruals, and performing detailed variance analysis to provide actionable insights for decision-making. Looking for a strong financial and analytical skills, a solid understanding of accrual accounting principles, and the ability to partner effectively with cross-functional stakeholders to drive financial discipline and forecast accuracy.

Key Responsibilities

Budgeting & Forecasting

- Support annual budgeting, quarterly/half yearly reforecasting.
- Collaborate with various department leads to gather financial inputs and assumptions.
- Develop and maintain financial models to forecast expenses, headcount, and other major operational metrics.
- Analyse historical trends and process drivers to improve forecast accuracy.
- Year over year comparison reports.
- Uploading finalised values into Vena (Financial tool).

Financial Analytics & Reporting

- Create dashboards and reports using Power BI, Excel, vendor portals, etc.,
- Perform monthly variance analysis to identify and explain key drivers impacting financial results, including volume, rate, head count and operational factors.
- Callout immediately when unusual expenses or incorrect entries.
- Track forecast-to-actual accuracy and identify areas for continuous forecast improvement.
- Validation of high $ vendor invoices.




- Maintain month on month vendor spend against the budgeted numbers.
- Initiate Purchase Requisitions based on the approved budget on behalf of reviewers.
- Manage PO change orders and onboarding vendors.

Accrual Management

- Prepare and review monthly accrual calculations for various department.
- Ensure expenses are recorded in the correct accounting period in accordance with accrual accounting standards.
- Coordinate with Collections team for gathering pending and current commission expenses.
- Communication to the stakeholders and coordinate with FR for the final entry.
- Identify opportunities to improve accrual accuracy and streamline close processes.
- Identify missing invoices and coordinate with vendor/requestor.
- Stakeholder Management

- Support business reviews by providing financial insights and recommendations.
- Present findings and financial analyses to senior leadership.
- Partner with Finance, Operations, Procurement, and AP teams.
- Prepare cost impact during contract renewal and price amendment.

Skill Requirements

Required Qualifications

- Bachelor's degree in Finance, Accounting or related field.
- 2-3+ years of experience in FP&A.;
- Robust understanding of Forecasting and Accrual accounting concepts.
- Technology Requirements

- Strong knowledge of Microsoft Office (Word, Excel, Outlook, etc.).
- Microsoft Excel skills (Pivot Tables, Charts, VLOOKUP, Macros, etc., preferred).
- Any ERP and Workflow tools

Other Requirements

📌 Team Lead (India)
🏢 HCLTech
📍 India