Director/AVP/Deputy Director - Business Partner - Finance - CA - Info/Consultancy Group

Hiring Finance-Business Partner/ Director/AVP Role, with great experience in Commercial Finance, Client Accounting, Budgeting,Forecasting,FP&A. Opportunity is with a NASDAQ Listed Multinational Conglomerate with its Business in IT/ITES/R&D and Analytics.

- This company is one of the worlds largest Information and Consultancy groups, employing over 30,000 employees with its Head Quarters in UK and base in Hyderabad.

Designation : Director/AVP/Deputy Director

Experience Level : 14+ Years

Budget : 35 LPA

Qualification : Chartered Accountant from Reputed Institute

Business partner:

- Activities that drive best possible commercial and financial outcomes in terms of growth in revenue and margin

- Activities require close understanding of the business and ability to influence senior business stakeholders

Commercial Finance:

- OpCo focused providing insight and analysis

- Facilitates planning, budgeting and forecasting at the OpCo level

Responsibilities :

PTP :

- Approval of POs if greater than a certain threshold

- Approval of exceptions to policy where has a commercial impact (e.g. non-approved supplier/ payment terms)

OTC :

- Optimize job revenue and net working capital

- Review and approve recovery rates and changes to rate cards

- Escalate chasing of POs if required (if transaction processing outsourced)

- Dispute management (if commercially related)

- Sign-off on proposed changes to rate cards and agree changes with business

General Accounting :

- Provide input into judgmental accruals

- Capex decision making (preparation and approval)

- Validate job related data, where mandated by the revenue recognition process

Client Accounting :

- Approval of write-offs and job budget adjustments if over certain threshold

- Approve DSA input related to any significant revenue recognition variances between forecast and actuals

- Receive output of Client Accounting/ Transaction processing revenue recognition to understand what commercial interventions need to be made (including rev rec, cost accruals, aged accrued/ deferred revenue)

- Agree job closures (if required by the process)

- Analyse & review timing & budgets & accrued revenue of biggest jobs with CS (this includes reviewing accuracy of input data where required)

- Oversee implementation of job timing & budget changes into Maconomy

- Initiate month-end special bookings (e.g. Revenue shares, costs mark-ups)

Reporting :

- Provide input into P&L and B/S and determine interventions required:

- Revenue recognition, Non-standard cost accruals, Aged accrued revenue, Aged deferred revenue and Aged debt

- Provide supporting documentation / evidence for all adjustments

- Review and sign off that actuals

- Input into commercial commentary if needed

- The level at which the Finance Business Partner is signing off the numbers at (e.g. BFC pack level or country level i.e. multiple packs) depends on the country / region supported

Decision Support :

- Assess customer, product, and job performance

- Evaluate new products/services

- Monitor performance of new strategies

- Analysis to support investment decisions

- Optimize resource allocation/ utilization

- Manage continuous cost improvement

- Work with business to drive improvements in profitability

- Review and approve earn out calculations

FP&A :

- Support OpCo / BU decision makers in setting strategies, targets and account plans

- Sign off budgets and forecasts

- Manage business approval of budgets/ plans and asset acquisitions

- Actively manage business against budget and define interventions to improve in-year performance

- Top down budgeting

Cash & Treasury management :

- Understand hedging requirements at contract stage (where material/ significant)

- Engage with OpCo management to ensure robustness of end to end process and controls and sign off

Ad-hoc :

- Provide justification and ROI arguments for new hires

- Review and submit new hire / severance templates

- Complete move related property related analysis

- Review gift registries

- Review and approve monthly forecast of Revenue and Net Sales

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