Skill required: Financial Planning & Analysis - Financial Planning and Analysis (FP&A)
Designation: Financial Plan & Analysis Associate
Qualifications:BCom/Master of Business Administration/Master of Financial Management
Years of Experience:1 to 3 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? You will be aligned with our Finance Operations vertical and will be helping us in determining financial outcomes by collecting operational data/reports, whilst conducting analysis and reconciling transactions. Financial planning, reporting, variance analysis, budgeting and forecasting Working with a team that collaborates with sales representatives, business finance leads, product managers, PS partners, Business Unit managers, IT/Hosting managers etc. during pre-signature review of pricing proposals and contracts for facilitation of approvals and revenue recognition guidance for all revenue types globally.
What are we looking for? Education requirement - B.Com, MBA or a Master’s Degree in Accounting/Finance Understanding of client contracts. Excellent communication skills. Ability to understand complex calculations. Experience with software contracts and understanding of ASC 606 revenue recognition accounting standard is a nice to have.
Roles and Responsibilities: •1. Prepare a Deal profile form (Checklist) for each deal & provide revenue impact/recognition/allocation details. 2. Escalate revenue recognition issues as per the Deal profile form. 3. Maintain a deal review log and update the revenue instructions when the deal is executed. 4. Use list price files to calculate discounts against list price and Standalone Selling Price, follow approval matrix to obtain relevant discount approvals for all revenue components in a deal. 5. Track proof of deliveries for all ‘installed licenses’ deals. 6. Use CRM platform to update revenue forecast for each deal. 7. Effectively manage multiple mailboxes and responses on deals assigned. 8. Assign deals above threshold to Business Unit Finance Leads through mailboxes and CRM platform. 9. Use constraint matrix to ensure the deal structure doesn’t have a negative revenue impact. If required, obtain relevant approvals. 10. Maximize revenue in current quarter by providing guidance to sales reps on payment terms/structure and their impacts on revenue. 11. Process terminations after validating the underlying/ongoing contract. 12. Prepare a weekly report for deal volumes. 13. Ability to prioritize important tasks/deals to meet turnaround time while maintaining quality & accuracy.