Senior Financial Analyst - CFR Corporate Accounting

Description -

Job Summary

Unique mastery and recognized authority in relevant subject matter, including technologies, theories, and techniques. Contributes to the development of innovative principles and ideas. Operates successfully in the most complex disciplines critical to the company’s success. Provides highly innovative solutions and leads large, cross-functional teams or projects that influence the organization’s long-term goals. May participate in cross-division, multi-functional teams. Routinely exercises independent judgment in developing methods, techniques, and criteria to achieve objectives. Develops strategy and sets functional policy and direction. Acts as a functional manager within the area of expertise but does not manage other employees as a primary job function.

CFR (Corporate Financial Reporting), part of the Worldwide Controllership Organization, is the custodian of HP Inc.'s US GAAP Policy & Compliance. This role involves collaboration with business finance and account management teams to proactively guide sales transactions and programs, ensuring revenue recognition compliance with US SEC and US GAAP requirements. The individual serves as a subject matter expert, providing definitive revenue recognition guidance. Responsibilities include leading regional and GBU initiatives, project managing and authoring whitepapers, advising on emerging and adhoc policy issues, and working with the business compliance team to ensure proper implementation of HP policy and US GAAP.

Responsibilities

Provides the most complex financial analysis for a financial function or a business, typically exercising a unique understanding of the business to determine the best method for achieving objectives.
Consults with business leaders to guide and influence long- term and strategic decision-making within the broadest scope.
Leads and advises on the most complex business initiatives, typically leading several analysts across multiple areas within finance and across geographies/organizations.
Drives process improvement and policy development initiatives that impact the function globally.
Identifies opportunities for process improvement and policy development and engages in the design
Provides mentoring and guidance to analysts, thus ensuring the realization of operational and strategic plans.
Provides information and counsel in the areas of controls, budgeting, and planning, return on investment decisions, and the development of overall business plans and strategies.
Represents the business unit during cross-regional or cross-functional planning processes.
Contributes innovative ideas and may lead large cross-functional teams, exercising independent judgment to solve unique and complex problems impacting the business.
Acts as a functional manager within area of expertise, developing strategy and setting functional policy and direction.

Specifically responsible for the following areas:

Technical accounting consultation and revenue guidance on complex customer contracts and business deals
Monitoring new accounting pronouncements and assisting in determining the related accounting, policy and reporting impacts
Maintaining upto date and comprehensive Revenue Recognition accounting policy in compliance with ASC 606
Analyzing material nonstandard contracts and providing accounting dispositions
Supporting external auditors in their annual and quarterly revenue recognition audits
Maintaining compliance with internal control procedures surrounding revenue recognition accounting and policy, including preparation of documentation to support accounting and reporting positions
Reviewing accounting implications of emerging business models and determining compliance and reporting requirements
Provide ongoing support and training to finance teams to enable them to be self-sufficient with their policy and process understanding
Influence and communicate to the wider community HP policy updates on a quarterly basis
Supporting ad hoc initiatives, such as supporting acquired company policy integrations. These activities will involve leading and facilitating meetings (in a virtual environment) across multiple organizations, pro-actively identifying and solving problems, and giving mature and clear guidance to enable contract negotiation activity and month end close activities. This will include providing revenue recognition expertise in the above areas, facilitating audit activity, consulting on processes, and ensuring compliance with HP financial policies and procedures.
Consults with business leaders to guide and influence strategic decision-making within a broad scope
Identifies opportunities for process improvement and policy development and engages in the design
Ability to influence multiple organizations within a broad scope, typically interacting with directors and Vice President (VP)s

Education & Experience Recommended

Advanced degree or accounting certification - Chartered Accountant (CA)/ Certified Public Accountant (CPA).
Typically 10+ years of experience as a financial analyst.
Typically experienced in a variety of finance functions.

Knowledge & Skills

Excellent understanding of accounting principles and financial analysis.
Excellent analytical skills.
Superior business application skills (e.g., Microsoft Excel).
Superior communication and influencing skills.
Superior teamwork skills
Excellent business acumen.
Excellent project management skill

Impact & Scope

Impacts large functions and leads large, cross-division functional teams or projects.

Complexity

Provides highly innovative solutions to complex problems within established policy.

Disclaimer

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management

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"