Roles and Responsibilities
As part of this team, you will have the opportunity to carry out the following activities:
Financial Planning and Accounting: The selected candidate will be expected to evaluate the Commercial performance of a project, track and validate the reports using SAP as the ERP platform, using Accounting concepts to derive at residual WIP, Ageing debt, Net Sales, Margins etc.
Project Budget Calculations You will be providing support validation, analysis and challenge project budgets. Assisting project teams (UK and India) to achieve accuracy in framing cost and resource budget for a particular project. Analyzing and making budget recommendations to improve profitability and commercial performance of the project.
Tool used In house excel based template budget calculator
Commercial Dashboards - You will be generating and updating a commercial dashboard to evaluate the financial stability of a project. This is a tool that is used for financial reporting for a project to the Project Leads. It validates and presents the current commercial performance of a project, and also helps track it against the budget/forecast.
Tool used In house excel based commercial dashboard template.
The key areas that the candidate needs to be aware of, whilst reporting the dashboard are:-
Reporting profitability track of an project followed by a root cause analysis on budget impact etc Analysing profitability status of projects by sectors, service lines, business units etc.
Tool used In house excel based commercial dashboard
Identifying WIP adjustments and recommending possible remediation and/or correction of impacts to project profitability and commercial performance.
Source SAP database
Perform/Produce Leverage analysis on projects, analysing the impact on profitability due to change resource grade mix etc. Support and provide inputs for development of new and enhanced MI to drive commercial performance at the individual project and sector levels.
Work closely with other service teams to ensure alignment and integration of data.
Qualifications and Skills
The successful candidate should have a minimum of 3-5 years relevant experience working in a financial environment and preferably experience working in a large global corporation
Commercial awareness P&L calculation and implementation, understanding of terms like provision, bad-debts, writing off amounts, impacts of value injections and leakages within business models.
Project workflow awareness project forecast, lifecycle, budget and planning etc
Excellent communication skills, both verbal and written.
Be confident interacting and building relationships at the most senior levels
Be self motivated with the ability to proactively plan and prioritize own workload
Excellent attention to detail
Be flexible in their approach and able to work under pressure
Have high levels of personal integrity and the ability to quickly build trust amongst colleagues and clients.
A team player with the ability to deliver high quality outputs and to work within integrated, multi-disciplinary project teams, both in India, US/UK.
Strong drive and resilience to overcome challenges or setbacks to achieve the team/project goals.
Experienced in data analysis and reporting with strong Excel skills.
Proven ability in coordination, problem solving and time management.
Experience and Background
The ideal candidate will have 3-5 years of experience in the following areas:
Quality Conducting quality audits of all dashboards/deliverables produced by the peer team on adhoc and monthly basis.
Prepare a monthly review/summary on WIP adjustments/write-offs for leadership
Tracking WIP adjustments for all the projects and reporting the budget/profitability impacts on a month basis. Identifying and recommending possible remediation and/or correction of impacts to project profitability and commercial performance.
Develop and maintain project specific commercial reporting providing decision orientated reporting and analysis to facilitate weekly WIP review and monthly invoicing and debt management activities for key projects.
Industry experience may include telecommunications, media, technology, energy, pharmaceuticals/healthcare, manufacturing, financial services (insurance, banking) etc.
Excellent communication skills and the ability to influence and manage people through a cross matrix reporting structure.
Ability to synthesize qualitative and quantitative data quickly and draw meaningful insights
Knowledge of Financial Management methodologies with full financial reporting and governance.
Organized approach and able to work under pressure
Willingness to work in a highly demanding and results oriented team environment where priorities can change frequently
Highly focused on detail and accuracy of information presented.
Willingness to travel overseas for extended periods if required