HR at Vodafone Idea
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Vodafone Idea - Revenue Accounting Role - CA (2-4 yrs)
JOB DESCRIPTION :
Job Title : Revenue Accounting
Location: Pune
Reports to: Circle HOFO
Function : Finance
Sub-function : Accounts
Key Purpose of the Job (Position Summary) :
Revenue Accounting :
- Lead the SSC and Circle team to accurate calculation and reporting of all revenue streams, recording of data in SAP and HFM,
- Analyses of various products offered and ensure accounting and reporting as per VG Guideline.
- Analysis of MOM variance and responsible for smooth closure of books.
- Ensure accounting as per Fair valuation method for every product along with marketing team
- Build up revenue reporting under revenue restructuring method with the help of MI team
- Ensure settlement with operators for IUC, sites and other whole sale receivables
- Resolve disputes with operators with the help of RA/ Corporate and SSC team
Key Result Areas :
- Quality & timeliness of month end revenue reporting
- Application of new revenue reporting and accounting in line with corporate guideline
- Settlement with operators and ensure improvement in working capital
Key Functions & Responsibilities :
Strategic :
- Understand and implementation of new revenue stream reporting
- Develop check and controls for accurate revenue reporting
- Ensure accurate projection of revenue
- To create relationship with his counter parts in other operators for settlement of dues
Operational :
- Calculation of revenue for various business segment (Prepaid/ Postpaid/ IUC/Roaming/ICR)
- Monthly tracking of DOT reports
- Ensure monthly settlements with operators
Developmental : People Management
Internal Relationships :
Role - Department - Frequency of Interaction - Purpose of the Interaction :
Circle Marketing Team - Medium - Product details understanding for accounting and reporting
SSC - High - Decision support, financial review, planning etc.,
Circle FPA Team - Medium - Interaction for reporting
Corporate Finance - Medium - For variance analysis and other reporting purpose
External Relationships :
External Agency - Frequency of Interaction - Purpose of the Interaction :
Statutory Auditors - Medium - For provide details of revenue
Operators - Medium - Settlement
Key Skills/Experience Required :
- Preferably from a telecom background, ideally someone who understand revenue complexity of this sectors
- Preferred Chartered accountant with 2-4 years of experience in the areas of finance operations
- Sound knowledge of IFRS and IGAAP Standard and another laws applicable
- Ability to work with and manage inter-functional teams without direct reporting relationships.
- Should be able to communicate and resolve disputes with Corporates
Job Dimensions :
Financial Dimensions :
- Enable the circle to reporting of accurate revenue
Non Financial Dimensions :
- Be an effective and valued financial business partner for the circle business team.
Key Challenges of the Job :
- Understanding of various regulatory changes happen, implication of it on revenue and adoption of process to incorporate the changes
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