Business Finance Analyst Job in Bangalore at Visteon Corporation

Visteon Corporation is hiring for the role of Business Finance Analyst!

Responsibilities of the Candidate:

• Develop and maintain budgets for the engineering sites.
• Analyze cost variances and drive corrective actions
• Collaborate with project managers and engineering teams to forecast financial needs and identify cost-saving opportunities.
• Monitor budget performance and variance analysis, providing regular reports to stakeholders.
• Support capital expenditure planning and tracking
• Develop KPI to measure performance and cost optimization
• Implement cost control measures to optimize expenses while maintaining quality standards.
• Conduct financial analysis to identify areas for cost reduction or efficiency improvement.
• Prepare financial reports, including income statements, balance sheets, and cash flow statements, to track performance accurately.
• Perform financial analysis to assess project profitability, ROI, and financial health.
• Present financial insights and recommendations to management for informed decision-making.
• Ensure compliance with financial regulations, accounting standards, and internal policies.
• Collaborate with engineering teams, project managers, and other stakeholders to align financial goals with project objectives.
• Provide financial guidance and support to Eng team, fostering a culture of financial responsibility and accountability.

Requirements:

• Bachelor's degree in Finance, Accounting, or a related field. Advanced degree (e.g., MBA, Master's in Finance) preferred.
• Proven experience in financial management, budgeting, and cost control, preferably within a engineering environment.
• Strong analytical skills with the ability to interpret financial data and provide actionable insights.
• Knowledge of accounting principles, financial regulations, and compliance requirements.
• Ability to work under pressure and meet deadlines
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across multidisciplinary teams.
• Proficiency in financial software and tools, such as Excel, SAP, or similar systems.
• Attention to detail, accuracy, and the ability to prioritize tasks in a dynamic work environment.