Accounting CFSL|VOIS2 Accounting

Key Accountability

• Engage and leads the team to effectively reach the operational targets

• Build relationships with stakeholders and acts as first point of escalation

• Set controls and drive process improvements to maximise efficiency

• Manage team of apprx 5-6 employees as individual contributors

• Manage performance of team, set targets, evaluate results

• Foster collaboration in the team and with teams in LM Finops and LM FP&A

• Perform the activities of Revenue and Margin Accounting as individual contributor

Role purpose

Timely and Accurate performance of Revenue Margin Accounting activities.

To coordinate the implementation of the assigned accounting task related to Revenue Margin Accounting determined by higher management levels and the realization of the operative program within the organizational unit, directing team of independently working employees

Review of assigned work from team members and ensuing adherence to control and compliance framework

Playing key role in ensuring books are closed by WD+2 with accuracy

Core competencies
• CA / CWA with minimum 8-12 years of experience/ MBA with 12 or more years accounting experience
• Excellent communication skills, both written and verbal
• Must ideally have experience of similar activity of 5 years of team management skill of minimum 3 years
• Computer skills (Word and advanced Excel), SAP/S4 Hana knowledge must
• Outstanding analytical and problem-solving skills
• Working knowledge of GAAP accounting principles and concepts along with data gathering and diagnosis ability
• Independency at work with a self-starter, proactive attitude with accuracy, attention to detail
• Experience in a Shared Services environment is an advantage
• Able to work in within tight deadlines and stressful environment

Job Description

Month End Reporting
 Reconciliations with underlying systems to ensure all inputs complete in EVO and reporting systems
 Analyse results (revenue through to Margin) at customer and product level to ensure full understanding; produce full documentation of the analysis to demonstrate underlying analysis; produce a month end close commentary explaining key drivers at customer and product level
 Coordinate understanding of region results with regions FinOps and business finance team
 Communicate detailed analysis of the results to the business (Finance Decision Support and Commercial Management), giving insight into the drivers of actual results
 Support month end closure and provide confidence in the required data
 Prepare accurate and timely General Ledger account reconciliation, including investigating and resolution of outstanding items

Financial Systems, Process and Control
 Provide full support to financial systems development and support teams
 Ensure ongoing compliance with existing Sarbanes Oxley and Audit control documentation while identifying opportunities for streamlining controls and maintaining an effective control environment. Be able to identify and address any control weaknesses
 Maintain end-end process for VGEL,Core processes, document where gaps
 Ensure 100% Adherence to KPIs, SLA’s

Communication
 Be succinct in producing and presenting their set of results
 Collaborate with wider team to drive overall process and system improvements
 Communicate effectively with team members to set targets and evaluate results with end objective of achieving targets

Stakeholder engagement
 Interact with Commercial Finance (VFUK and Group) and support in explanation of finance results
 Maintain collaborative working relationships with immediate team, wider FinOps teams, business finance, FP&A, and regional FinOps teams
 Proactively investigate underlying issues and communicate timely to relevant stakeholders

Innovation
 Be proactive to drive continuous process improvement to create further efficiencies within the role in order to meet challenging objectives
 Be proactive in coming up with ideas that can help implement improvements to processes cross functionally and/or within own role area
 Proactively seeking and investigating systems and process improvements

Knowledge & Expertise
 Have an excellent knowledge of procedures and issues within FinOps. Provide support to team members as required resolving reporting issues

Control
 Set up of strong review and sign off mechanism for all the activities handled with in Process by team members and ensure correct accounting impacts
 Ensure completeness,accuracy of local and group systems and processes
 100 pERCENT compliance with Balance sheet reconciliation within timelines and quality