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TIAA

Associate - Allocation Development

Posted One Month Ago
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Hybrid
Mumbai, Maharashtra, IND
Mid level
Hybrid
Mumbai, Maharashtra, IND
Mid level
Develop allocation methodologies and drivers using OFSAA, Oracle Fusion PCM, DRM, HFM, SQL Developer, and Essbase. Support expense billing, client profitability, P&L reporting, management reporting, and actual, budget, and forecast closing cycles. Maintain reference data, validate data quality, research issues with SQL, resolve ad hoc queries, and collaborate with finance, business, BFO, controller, and cross-functional teams.
The summary above was generated by AI
Specialist - Allocation Mgt - IN
Professionals in this process are responsible for developing OFSAA (Oracle Financial Services Analytics Application) Allocation Methodology rule build , drivers methodology development, Functional Design of new requirements , build SQL queries for research, analysis and development Liaison with Business/BFO/Controller and participating in closing allocation processes of Actual, Budget and Forecast cycle.
Key Responsibilities and Duties
  • This job will be Supporting Expense bill, client profitability and P&L reporting for Organization
  • This team is responsible for Management Reporting, Daily Reference Data maintenance, Management Information Reporting & Analysis.
  • The other activities also include adhoc issues resolution & queries, ensure data quality before submissions, investigate, resolve and escalate issues on timely basis, both within finance as well as cross departments. Associate in this role should be expert in in OFSAA, DRM, HFM, Sql Developer and Essbase cubes.
Educational Requirements
  • University (Degree) Preferred
Work Experience
  • 3+ Years Required; 5+ Years Preferred
Physical Requirements
  • Physical Requirements: Sedentary Work

Career Level
7IC

  • 8-10 years of experience in Oracle Fusion Cloud EPM-EPCM
  • Bachelor’s degree in finance / MBA (Fin) / B.E or Information Systems preferred
  • Experience in Banking, Insurance, or Financial Services
  • Excellent communication and writing skills
  • Advanced proficiency in MS Excel
  • Proficient in Microsoft Office suite of products
  • Excellent written and verbal communication skills, proven ability to work as an effective team player and ability to collaborate
  • Demonstrated strength in analytical and problem-solving skills
  • Ability to manage multiple competing priorities and achieve targeted outcomes
  • A commitment to a culture of excellence and client service
  • A sense of urgency, results orientation and thoughtful execution skills
  • Highly organized, detail oriented, self-motivated, and positive work ethic
  • Ability to take direction and work independently

Related Skills

Accountability, Accounting Standards, Adaptability, Business Acumen, Business Process Improvement, Collaboration, Communication, Compliance, Financial Acumen, Generally Accepted Accounting Principles, Inspires Others, Relationship Management, Risk Analysis/Analytics, Stakeholder Engagement, Strategic Thinking

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Company Overview

TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.

 
Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

Our Culture of Impact

At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team: 

Phone: (800) 842-2755

Email: [email protected]

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.

For Applicants of TIAA Global Capabilities, click here.

For Applicants of Nuveen residing in Europe and APAC, please click here.

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