Senior Financial Analyst, Cost Management

Role Overview

Reporting to the Director, cost management, the Senior financial Analyst supports the wider Vendor Management team in ensuring value and quality delivery for Refinitiv/ LSEG for key strategic vendors and managed service providers through effective engagement and consistent processes.

The role is responsible for ensuring all Engineering (technology) vendors that are supported by the team, provide invoices regularly & accurately, and in line with agreed contracts and clauses thereof. The Senior Financial Analyst is accountable for the end to end billing process, including PO creation, budget management, reconciliation of all billable charges, dispute management, and timely payment of invoices along with associated reporting needs.  This role will also comply updating all team trackers & any other ad-hoc tasks assigned by the management from time to time

In addition to this, the Sr Financial Analyst is responsible for reporting financial metrics that measures the performance of Refinitiv/ LSEG's Engineering (technology) service providers against budget and SLA’s. This may involve use of emerging tools / technologies like Power BI, Advanced excel, SQL database etc.  This person will also perform ad-hoc analysis where necessary, to review the consumption of deployed Technology assets, and seek cost saving opportunities where possible.

Key accountabilities

• Assist in preparation of MSP annual budget and spend forecast
• Raise, amend and receipting of purchase orders for Tech service providers
• Verify all invoices ensuring charges are in line with relevant contract / WO & manage disputes
• Detailed review of supporting data provided by the vendors in support of billing
• Create summarized service reports from data provided by vendor for Refinitiv stakeholders
• Run / obtain transactional reports to capture the booked costs & use the same to identify missing transactions / lines.
• Track actuals vs forecasts to enable accurate run rate reporting & provide reporting on financial performance of the contracted services.
• Lead on the financial update in monthly review calls / leadership forums
• Develop / automate existing process / procedures to allow more time for analysis
• Reporting to the Infrastructure & cloud team and key member of Technology Finance Team in providing in depth analysis of Tech costs & variability.
• Proficient in formulating and interpreting Financial, MIS reports & other statements with a view to apprise management of the business operations and potential decision making
• Reviewing the Commercials and finalizing the amendments with the Vendor through colleagues from VM team
• Assist management in any ad-hoc reporting / presentation needs from time to time including creating data visuals using latest tools / technology
• Be an effective team player by backing other members of the team when necessary

Proud to share LSEG in the India is Great Place to Work certified (Jun ’25 – Jun ’26).

Learn more about life and purpose of our company directly from India colleagues’ video: Bengaluru, India | Where We Work | LSEG

Career Stage:

Senior Associate

London Stock Exchange Group (LSEG) Information:

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it’s used for, and how it’s obtained, your rights and how to contact us as a data subject.

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.