Financial Analyst intern
ClearDekho is India’s Leading Budget Eyewear Brand. The platform uniquely blends both online and offline shopping experiences to provide standardized & consistent affordable optical solution to anyone, anywhere. Company is addressing a major need-gap by improving accessibility of affordable eyeglasses across Tier 3, Tier 4 & Tier 5 towns & cities to facilitate provision of affordable optical solution to the low income mass market population across the country.
ClearDekho pioneers transformation of local unorganized optical retail market into ClearDekho branded retail stores. The company envisions to standardize 80% unorganized optical market and provides $7(Rs.500) high quality eyeglasses through both online and offline channels making the product accessible and super affordable for the mass market consumers across India. The brand strongly believes in exponential impact of a simple pair of eyeglasses on the lives of 250mn (25cr) people living in small towns/cities and don’t have access to high quality affordable eyeglasses. Wearing glasses help to improve work productivity and also has direct impact on the vision which helps people to see clearly and live clearly. As per WHO study, India loses $37B (Rs.2600cr) in work productivity due to poor vision of population at the bottom of the pyramid. Glasses help kids to see clearly and improve the level of learning in classroom which in turn helps them to get better educated. Business model of working with the optometrists in small towns/cities also has huge impact in improving the business of small scale business owners across India and helps boost economic activity for entire community. This also impacts in increase of employment and create micro-entrepreneurs.
FINANCIAL ANALYST INTERN
We are looking for a financial analyst Intern to perform Identifies financial status by comparing and analyzing actual results with plans and forecasts. Improves financial status by analyzing results; monitoring variances; identifying trends; recommending actions to
management. Reconciles transactions by comparing and correcting data.
The financial data will be provided to be formulated into a representational format for Management.
Growth Percentage monthly of store numbers and revenue to be determined in form of graph and visual transformation.
Analyze the trends of Key Performance Indicators (KPI), especially relating to financial metrics such as sales, expenditures, and profit margin.
Monitor KPI (Key performance Indicator), and identify the cause of any unexpected variances.
Develop and continually improve budgeting, financial projections, and operating forecast.
Ad-hoc business performance reporting.
Present the monthly and quarterly financial reports of various units and departments.
Implement a business intelligence tool and dashboard reports.
Develop financial models and analyze them to support strategic initiatives.
Support management team and the Heads of Department with data-driven analysis.
Business finance or other relevant experience
High proficiency in financial analytics techniques
Strong fluency with excel formula & functions
Strong analytical and data gathering skills
Ability to streamline functions and passion to learn and grow
Strong interpersonal skills, including written and oral communication skills
Comfort dealing with ambiguity and the ability to work independently
Experience working with, and presenting to, senior executives
Excellent communication and presentation skills be comfortable interacting with executive-level management
Strong financial modelling experience
Desired Candidate Profile
1. Graduate/ Post graduate in relevant stream.
2. Excellent communication skills.
3. Basic knowledge of their field of study.
4. Basic knowledge of MS-Office.
5. Willingness to learn.