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Financial Analyst
Financial Analyst-October 2024
Bangalore
Oct 23, 2024
About Financial Analyst

  3M has a long-standing reputation as a company committed to innovation. We provide the freedom to explore and encourage curiosity and creativity. We gain new insight from diverse thinking, and take risks on new ideas. Here, you can apply your talent in bold ways that matter.

  Job Description:

  As a Financial Analyst, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:

  Utilize advanced analytics techniques to analyze large datasets, identify trends, and provide insights to optimize financial processes and improve operational efficiency.

  Perform detailed product cost analysis, including analyzing cost drivers, identifying cost-saving opportunities, and providing recommendations for process optimization.

  Conduct variance analysis to identify and explain deviations between actual and standard costs, highlighting areas of concern and suggesting corrective actions.

  Analyze and understand standard costs for products, driving accuracy and consistency across the organization.

  Support budgeting and planning processes with insight to the impact of the annual standard cost change.

  Collaborate with cross-functional teams, such as operations, procurement, and engineering, to gather relevant data and insights for financial analysis and reporting purposes.

  Ensure compliance with accounting principles, financial regulations, and internal controls, while continuously improving financial processes and systems.

  Support inventory accounting processes, including reconciling inventory balances, performing inventory valuation, and analyzing inventory turnover.

  Other adhoc analysis as needed by the organization.

  Additional qualifications that could help you succeed even further in this role include:

  Masters in Business Administration, Certified Professional Accountant (CPA), and/or Certified Management Accountant (CMA) certification

  Strong financial and business acumen-ability to translate complex business problems into financial terms and vice versa

  Self-starter with ability to drive change

  Creative problem solver

  Experience with contributing on cross-functional teams and influencing

  Strong written and verbal communication skills

  Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M.

  Our approach to flexibility is called Work Your Way, which puts employees first and drives well-being in ways that enable 3M’s business and performance goals. You have flexibility in where and when work gets done. It all depends on where and when you can do your best work.

  Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

  3M Global Terms of Use and Privacy Statement

  Carefully read these Terms of Use before using this website. Your access to and use of this website and application for a job at 3M are conditioned on your acceptance and compliance with these terms.

  Please access the linked document by clicking here (http://multimedia.3m.com/mws/media/1274940O/3m-jobs-country-data-privacy-statements-external.pdf) , select the country where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the terms.

  3M is establishing two industry -leading companies, creating value through the spin-off of its Health Care business. To search job opportunities in 3M Health Care, click here (https://healthcare.wd1.myworkdayjobs.com/Search) .

  For more information on the 3M Health Care spin off, click here: Health Care | 3M US (https://www.3m.com/3M/en_US/health-care-us/)

  At 3M we apply science in collaborative ways to improve lives daily as our employees connect with customers all around the world. Learn more about 3M's creative solutions to global challenges at www.3M.com or on Twitter @3M or @3MNews.

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