Sony Pictures Networks - Manager - Finance - CA

POSITION TITLE : Manager - Finance NAME

LOCATION : Mumbai

POSITION PURPOSE :

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

- It also includes accounting, budgeting, forecasting marketing activities undertaken by all channels.

- Handling accounting for Capex

- Handling GST reconciliations & other GST compliances

- Assist in implementations of S4HANA, Ariba, CLM & other relevant modules of SAP and similar automation projects in future

- Monitoring of accounting for Studio Next projects

- Focus on data analytics

- Find improvement opportunities for efficiency, control and monitoring mechanisms

- Interface with Business and other stakeholders to drive the Finance agenda while balancing and appreciating the business requirements

Key Role

- The incumbent plays a critical role in the P2P & R2R processes mentioned above.

Education:Qualified CA

Experience 5 to 8 years of experience

AREAS OF RESPONSIBILITY :

1. Accounting, Budgeting & Forecasting

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

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

- Prepare monthly, quarterly & annual Cashflow

- Prepare monthly, quarterly & annual forecasts for content, marketing, depreciation, Studio Next costs & revenues

- Accounting for content, marketing, depreciation, Studio Next costs

- Review forecast of funds prepared by team members basis inputs. Track actual cashflow against forecasts as per desired timelines

- Provide monthly projections for Programming & Marketing

- Accuracy

- Timeliness

2. Accounts Payable profile:

- 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.

- Review vendor aging & reconciliations

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

- Adherence to internal TAT

3. Capex:

- Proper classification of expenses into Opex & Capex,

- Accounting of all CAPEX acquisitions projects tracking, monitoring CWIP, asset numbering review, annual physical verification.

- Accounting accuracy

- Adherence to internal TAT

4. Studio Next:

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

- Review Cost to completion

- Review the auditor reports during the shoot

- Escalate overruns

- Review the daily cost sheets to ensure accurate reporting - Accurate reporting & monitoring

5. Monthly Closing:

- Review accounting of all content & amortization

- Review accruals for monthly closing - Accounting accuracy

6. Auditing:

- Handle Internal audit, SOX, Corporate, IFC audit queries

- Tracking & implementation of the actionable emanating from the audit reports - Error-free and quality audit reports

7. GST:

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

- Monthly GST reconciliation & monitoring - Accurate reporting & compliances

8. Implementation of various IT projects:

- Understanding of the As-Is process & the To Be

- Involvement in the Blueprinting of the projects

- Coordinate for integrations across various impacted systems

- Scenario building

- Testing

- Overseeing migration activities

- Go Live related activities

- Handling activities in the interim in case of deferred go-live of various projects

- Continuous reviews & implementation of improvements - Timely transition

- Adherence to process requirement

9. Data analytics:

- Data analytics for improved business mis

- Data analytics for continuous control monitoring

- Trend analysis - Effectiveness of reports

10. Process improvement:

- Constant review of processes to improve efficiency, controls & support Business - Efficiency achieved

11. 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 - Team engagement score

12. Cross-functional role:

- Coordinating with the various teams in the organization

- Resolution of queries

- Involvement in cross-functional projects

- Interface with Business and other stakeholders to drive the Finance agenda while balancing and appreciating the business requirements

- Business feedback