Sony Pictures Networks - Manager - Finance & Accounts

POSITION PURPOSE

- Assist in implementations of S4HANA, Ariba, CLM & other relevant modules of SAP.

- Handling accounting for Capex

- Responsible for accounting, budgeting, and reporting for content acquisition by all channels of the network.

- It also includes accounting for marketing activities undertaken by all channels.

- Handling GST reconciliations & other GST compliances

POSITION CONTEXT

- It is critical for the incumbent to understand and adhere to all controls and compliance norms as required in this role

POSITION SPECIFICATION

Education - CA is a must

Experience- 6 to 8 years of experience

AREAS OF RESPONSIBILITY

1. Accounting, Budgeting, and Reporting for all Content Acquisition, Marketing & Capex

- Post entries parked by team members in respect of Programming, Capex, Films, Sports, Digital, Music after due validations.

- Approve payments processed by the team members & coordinate with Banks in case of issues especially for International payments.

- Capex as area, including classification in to Opex & Capex, Accounting, project tracking, monitoring CWIP, asset numbering review, annual physical verification.

- Prepare annual & quarterly for content amort, marketing, depreciation, Studio Next costs

- Reconciliation of actuals to forecasts & budgets on a monthly basis for P&L

- Prepare annual & quarterly for Cashflow for amort, marketing, depreciation, Studio Next costs & revenues

- Review forecast of funds prepared by team members basis inputs and ensure its release in a timely manner . Track actual cashflow against forecasts as per desired timelines

- Provide projections for the month for Programming & Marketing.

- Track budgets for content, marketing & capex and take appropriate actions in case of any digression to the approved budget

- Sports: Monitor agreements, cost statements, etc.; Ensure timely payment of license fees and receipt of relevant tax related documents.

2. Monthly Closing

- Review & approve provisions for monthly closing

- Review monthly projections vs. actual variance reports for each month and identify and resolve any issues with the same & report

- Ensure SOX requirements are adhered to.

3. Auditing

- Ensure clean and quality audit reporting (includes Statutory, IFC, SOX & Internal audit) as per norms by maintaining and provide all relevant data items

- Validate the key data before it is shared with the auditors

- Manage and resolve delays and other issues with audit closures

- Ensure implementation of the actionables emanating from the audit reports

4. GST

- Ensure that all compliances from GST perspective are done for AP.

- Monthly GST reconciliation & monitoring

5. Studio Next

- Review the projects & prepare the management report for revenues, costs & margin

- Review Cost to completion

- Review the auditor reports during shoot

- Escalate over runs

- Review the daily cost sheets to ensure accurate reporting

6. S4HANA

- Be part of the S4HANA implementation team.

- Other projects ARIBA, CLM

- Work closely with the IT team to identify scope of process improvements and ensure implementation as per plan

- Manage change and guide team members in event of adoption of new processes and workflows post change in statutory norms or in internal systems

- Coordinate with IT to ensure smooth and timely transition to new systems and processes

7. Managing team performance

- Track team performance at an overall and individual level and provide support/ guidance wherever required to ensure achievement of yearly plans

- Manage effective resource allocation across different teams, enhance the capability quotient of team members and drive higher team engagement through appropriate HR interventions

TECHNICAL COMPETENCIES

- Understanding of accounting standards

- Understanding of income tax and GST provisions

- Excellent knowledge of SAP system

- Knowledge of Payroll and retirals

BEHAVIORAL COMPETENCIES

- Detail orientation

- Effective stakeholder management

- Process & control orientation

- Team player