Vodafone Idea - Revenue Accounting Role - CA

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