Finance Business Partner
19 hours ago
**Job Objectives**:
**Responsibilities**:
- Prepare month-end close by inputting financial actions and reviewing journal entries at both account and corporate levels.
- Ability to develop insightful financial reports and dashboards
- Conduct in-depth variance analysis
- Track monthly volumes by delivery model and calculate financial impact of any delay in transformation
- Calculate revised ACV and monthly charges based on changes in delivery model, volumes, etc.
- Work on Charge Adjustment to account for any Change in in-scope services, clients, resources or volumes
- Track Minimum Volume Commitment (MVC) and proactively flag any potential shortfall to Management
- Incorporate impact of Customer satisfaction scores (NPS and CSAT, etc.) on MVC
- Ensure capitalization of all charges that meet the criteria for capitalization
- Incorporate the impact of market benchmarking on unit pricing and overall charges from the partner
- Work with CX team to proactively incorporate the impact of potential Churn and Account losses
- Track charges for all SOWs with operational partner. Ensure the accuracy of charges and incorporate them in MVC calculations
- Track and calculate Liquidated Damages and other deductions permitted by the Agreement
- Track customer provided and supplier provided resources to ensure correct cost recovery and charges, respectively
- Ensure inter-company transactions, accruals, billings, and payments are prepared, recorded, remitted and reconciled.
- Support audit requests to review and investigate account activity, providing information as needed and correct problems at the accounting level.
- Provide support for preparation of annual budget and periodic forecast.
**Budgeting and Forecasting**
- Prepare monthly pulse checks and drive quarterly forecasts
- Analyze capability and service offering financials to determine performance.
- Perform sensitivity analysis to assess the impact of factors such as volume and growth fluctuations in cost.
**Continuous Improvement**
- Motivate one's own team and identify opportunities to take part in change initiatives, programs and projects that reflect international best practice and changes in the competitive environment.
**Policies, Processes & Procedures**
- Recommend improvements to departmental policy and directs the implementation of procedures and controls so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service to customers.
**MIS & Reports**
- Helps direct the design, development, testing and implementation of financial and reporting system updates and enhancements, including updated internal controls
- Prepare the organization's financial reports and present findings and recommendations to the top executive management
- Analyze capability and service offering financials to determine performance.
- Perform sensitivity analysis to assess the impact of factors such as volume and growth fluctuations in cost.
**Qualifications & Skills**:
- Bachelor's degree in Finance or Accounting or equivalent
- Additional qualification required: MBA or CFA/CA
- 10+ years of experience in progressively financial roles
- Experience in interacting with external/internal auditors and representatives of national/international financial institutions
- Review, analyze, and interpret business and financial data,
- Provide financial input that adds value to the business,
- Create a shared understanding with operation teams of the financial impact of their business decisions, and advise them to take appropriate actions,
- Work with operations to plan and establish financial targets for budgets, profit and loss (P&L), and balance sheet financials.
- Deliver financial information and analysis to internal INJAZAT groups such as executives, business operations, legal, sales, and other finance teams,
- Develop and deliver communications in written, verbal, and presentation formats.
- Track and analyze monthly receivables and payables,
- Analyze historical billing trends to assess the impact on cash flow,
- Influence pricing and client invoicing strategy for new business.
- Investigate financial performance variances to identify business trends and forecast future financial activity.
- Provide support for preparation of annual budgets, by educating managers, developing financial tools/models, and preparing trend analysis and variance reports.
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