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Senior Manager, Finance

Company Description

Are you up to the challenge of working directly with the Executive leadership of a US NASDAQ company on developing and organizing the financial strategy for different lines of business? If yes, keep reading! 

 

At Altisource (NASDAQ: ASPS) we build world-class technologies and services for the mortgage and real estate industry and are well poised to help revolutionize how homes are bought, sold, and managed. In the US, we partner with 7 out of the top 10 mortgage servicers, operate one of the top three real estate auction websites, and manage a cooperative which represents a 15%+ market share of the $1.8tn US Originations market. 

Job Description

We are looking for an exceptionally smart, articulate, and ambitious individual to join our Marketplace and Mortgage and Real Estate Solutions team. In this role, you will drive financial management and profitability of the business by leading or directly influencing the development, planning and execution of our business strategy. You will manage the financial outcomes by creating and establishing effective financial controls

 

In this role, you will be directly reporting to the business unit General Manager, and will be working closely with business partners, stakeholders and the wider Altisource finance team to drive an effective financial control and planning process to shape business strategy.

 

You will also bring in financial control through a structured outcome-orientated approach, creating specific implementation plans and governance structures, and generating transparency through measurement and feedback.

 

This Bangalore-based role will start working remotely for now. 

Qualifications

WHAT YOU'LL DO:

 

  • Leading the financial planning and control process through an operating model framework
  • Develop LOB leadership on all P&L cost and revenue drivers and any variance with budgets; ensure tracking of appropriate risks and opportunities to support financial goal attainment
  • Support General Manager in strategy development, planning and execution; ensure such operating levers and strategic outcomes are appropriately reflected in the operating model
  • Lead the annual budget and monthly forecast process
  • Drive continuous improvement and standardization of spend tracking and hiring;
  • Aggregate and perform variance analysis (revenue rate, volume, product mix, gross profit margin) and, where applicable, make recommendations to address unfavorable variances
  • Monthly/Quarterly executive and operational reporting to support business unit General Manager

Engage with wider finance and corporate groups (accounting, FP&A, Technology, HR, Vendor Management) as needed to effectively manage the financials

YOUR SKILLS AND EXPERIENCE:

  • MBA in Finance from a Tier-1 B-school
  • 5+ years of financial problem-solving experience demonstrated in a high ownership / high impact area, with financial consulting experience
  • Must understand the basics of department financials and P&L mechanics; understanding of accounting principles is beneficial
  • Strong capabilities with MS Excel and building financial models
  • Detail-oriented with the ability to identify and reconcile discrepancies in the financials
  • Organized and diligent in following up on multiple simultaneous activities
  • Strong communication skills; comfortable communicating with a broad base of stakeholders
  • Effective in executive interactions, with clear reasons to believe you can add value with your acumen and insightfulness when engaging with executives
  • Prior experience in the US real estate or mortgage industries not required

Additional Information

WORKING AT ALTISOURCE ADVANTAGES

Prosperity

· Competitive salary based on your experience and skills 

Good Health

· Comprehensive insurance plans; - Medical insurance for employees and family, Personal Accident Benefit and Life Insurance for employees

· Wellness Programs – Doctor support, Psychologist, Counselor, Onsite health checkup camps, etc.

Happiness

· 10 paid holidays, plus 26 paid days off per year

· Lots of employee engagement activities

·         

OUR CORE VALUES

 

 For our employees, customers, and shareholders, we commit to…

·         Act with Integrity – exhibit unwavering integrity, compliance, and ethical conduct at all times

·        Energize People – enable exceptional people to energize their teams and drive results

·        Empower Innovation – reward the relentless creation of innovative and compliant solutions to achieve our mission and generate value for our customers

·        Exceed Customer Expectations – execute world-class solutions to deliver value and delight our customers

·        Win as a Team – embrace the passion, energy, and power of our global teams to win as “One-Altisource”

·        Enrich Communities – create positive impacts for the communities where we live and serve

 

Are you up to the challenge? What are you waiting for? Apply today!

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CEO of Altisource
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William B. Shepro
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What You Should Know About Senior Manager, Finance, Altisource

Are you ready to take on a pivotal role as a Senior Manager, Finance at Altisource in Bengaluru? In this exciting position, you'll work closely with the Executive leadership team of a dynamic US NASDAQ company, helping to shape and organize financial strategies across various lines of business. At Altisource, we pride ourselves on building top-notch technologies and services for the mortgage and real estate industry, partnering with some of the biggest names in the market. As the Senior Manager, Finance, your primary duty will be to drive financial management and profitability while leading the development and execution of business strategies. You’ll have the unique opportunity to implement financial controls that will guide our strategic objectives through careful planning. With responsibilities like managing the annual budget and providing essential reports to the General Manager, your analytical skills will truly shine. If you have an MBA in Finance from a Tier-1 B-school and at least five years of robust financial problem-solving experience, we want you on our team. Your role as a communicator and collaborator with multiple stakeholders will be key in ensuring that our financial objectives are met while fostering transparency and accountability. Sounds intriguing? If so, don’t wait! Join us at Altisource and be a part of something exciting as we revolutionize the way homes are bought, sold, and managed.

Frequently Asked Questions (FAQs) for Senior Manager, Finance Role at Altisource
What are the main responsibilities of a Senior Manager, Finance at Altisource?

As a Senior Manager, Finance at Altisource, your main responsibilities include leading the financial planning and control processes, managing the P&L for various lines of business, and ensuring effective communication with stakeholders. You will also support the General Manager in developing and executing business strategies and drive continuous improvement in financial tracking.

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What qualifications are required for the Senior Manager, Finance position at Altisource?

To qualify for the Senior Manager, Finance role at Altisource, candidates should possess an MBA in Finance from a Tier-1 institution, along with at least five years of financial problem-solving experience. Furthermore, a solid understanding of financial principles and strong expertise in MS Excel for building financial models are essential.

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What skills are necessary for success as a Senior Manager, Finance at Altisource?

Successful candidates for the Senior Manager, Finance position at Altisource should have strong analytical skills, attention to detail, excellent communication abilities, and the capability to engage effectively with executives and stakeholders. Financial modeling skills and a thorough understanding of P&L mechanics are also crucial.

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How does the Senior Manager, Finance contribute to the financial strategy at Altisource?

In their role, the Senior Manager, Finance at Altisource contributes significantly to financial strategy by developing budgets, performing variance analysis, and supporting financial goal attainment. This position also involves guiding financial controls to ensure that business strategies align with our financial objectives.

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What is the work environment like for the Senior Manager, Finance at Altisource?

Currently, the Senior Manager, Finance role at Altisource is remote-based, allowing for flexibility while maintaining a collaborative atmosphere. As a part of a supportive finance team, you will be engaged in a dynamic work environment that values integrity, innovation, and teamwork.

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What are the career advancement opportunities for a Senior Manager, Finance at Altisource?

Career advancement opportunities for a Senior Manager, Finance at Altisource are promising. With proven leadership skills and contributions to the financial management of the business, one can progress to higher executive roles within the organization, eventually participating in broader strategic leadership.

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What benefits are offered to a Senior Manager, Finance at Altisource?

Altisource provides an attractive benefits package to the Senior Manager, Finance, including competitive salaries, comprehensive health insurance, paid holidays, and wellness programs. These perks are designed to support your overall well-being and work-life balance.

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Common Interview Questions for Senior Manager, Finance
Can you share your experience with financial planning and analysis in previous roles?

In answering this question, provide examples of financial planning processes you've led and how you've influenced business strategy through your analysis. Highlight specific tools or frameworks you used and any quantifiable outcomes that resulted from your work.

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How do you handle budgeting and forecasting? What tools do you prefer?

Discuss your approach to budgeting and forecasting by describing the steps you take. Mention any specific software tools you are familiar with and how you ensure accuracy and adaptability within your forecasts.

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What strategies would you implement to manage financial risks at Altisource?

When addressing this question, outline your approach to identifying and mitigating financial risks. Discuss your experience with implementing risk management frameworks and how they contributed to achieving financial goals effectively.

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Describe a time you had to present complex financial information to non-financial stakeholders.

Use this opportunity to illustrate your communication skills. Detail a specific scenario in which you simplified complex financial data, the approach you took, and the positive feedback you received from stakeholders.

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What experience do you have with P&L management?

Share your experience managing P&L statements and what key metrics you focus on. Discuss how you have used this data to make informed business decisions that improved profitability.

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How do you prioritize multiple financial tasks and projects?

Discuss your organizational strategies for managing multiple priorities, such as using project management tools, setting clear deadlines, and delegating responsibilities effectively to ensure essential tasks are completed on time.

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What do you believe is the most critical factor for successful financial management?

Articulate your understanding of successful financial management, highlighting factors such as proactive planning, transparent communication, and the importance of aligning financial goals with strategic objectives to achieve overall success.

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Can you give an example of a financial challenge you faced and how you overcame it?

Share a specific challenge you encountered, detailing the steps you took to analyze the situation, the solution you implemented, and the ultimate results that demonstrate your effectiveness in overcoming financial adversities.

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How do you ensure compliance with financial regulations and standards?

Discuss your approach to staying informed about financial regulations and standards. Explain how you ensure your team adheres to these requirements through regular training, audits, and by cultivating a culture of compliance.

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Why do you want to work as a Senior Manager, Finance at Altisource?

Make your answer personal and demonstrate enthusiasm for the role by linking your skills and experiences to the values and mission of Altisource. Highlight what excites you about the opportunity and how you see yourself contributing to the organization.

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Altisource (Nasdaq: ASPS) is a leader in providing services and technology for the mortgage and real estate industries. With innovation as a guiding principle and a focus on compliance and exceptional service, we provide end to end solutions in or...

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Full-time, remote
DATE POSTED
November 30, 2024

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