IN_Associate_Financial Reporting_Reporting COE_IFS_Gurgaon

Job Description & Summary: A career in Finance, within Internal Firm Services, will provide you with the opportunity to help PwC in all aspects of our Finance internal function including financial planning and reporting, data analysis, and assisting leadership with overall strategy. You'll focus on recording and analysing financial transactions, paying and receiving invoices, maintaining financial statement ledger accounts, and preparing analysis and reconciliations of bills to detect fraud.

Our Financial Analysis and Reporting team is responsible for managing PwC's financial risk through financial planning and reporting, data analysis, and tactical consulting. As part of the team, you'll help with budget management, cost benefit analysis, forecasting, shared services and financing.

Responsibilities:

Management Reporting

• Preparation of Indian reporting ensuring accuracy along with highlighting additional trends or observations to be included as qualitative inputs in the deck
• Preparing monthly overheads analysis/details before releasing the P&L to business teams and ensuring all details/schedules are available for leadership decision making
• Preparing reconciliation between MIS books and Statutory books
• Being comfortable with reported details by monitoring any wrong booking of GL entries like wrong Cost Centre, GL, Location etc. and getting it rectified from AP, GL and other relevant teams.
• Planning, Budgeting and Forecasting
• Trend Analysis of budget at the time of initiating budgeting exercise to ensure better understanding of input submission which can drive more qualitative analysis
• Preparing and analyzing key KPIs of LoS/SBU to ensure full understanding and visibility at the time of budget submission to ensure better understanding of input submission which can drive more qualitative analysis
• Monthly analysis of P&L including detailed Cost analysis at LOS/SBU level
• Thorough revenue analysis (Time booked to billing to collection), billed but time not booked & M-o-M identifying reasons for revenue movement, Debtor & WIP provisioning
  
  

Statutory reporting

• Generating delivery challan for the transfer of the assets across entity and locations.
• Preparing Forecasted financials for the payment of advance tax during the financial year with detailed review of revenue and cost
• Preparing schedules supporting the monthly and annual financials ensure completeness, accuracy and relevant
• Preparation of Statutory financials for respective countries and respective calendar through seamless technology enabled reporting framework, including submission of the Management accounts for compliance in countries requiring tax filings for creation of permanent establishment
• Managing the request for statutory and other documents to enable engagement teams submit bids in time.
• Ensuring all the service Now tickets are efficiently managed and closed within the defined timeline. Maintaining a tracker for follow up and ensuring no ticket is unaddressed & unreported
• Identifying the levers for automation. Creating a dialogue on the idea with team lead coupled with detailed scenario analysis & BRD. Working on the implementation and executing UAT
• Ensuring FA related deliverables are operated with precision, quality and effectively:
  
  

i. Monthly CWIP Analysis

ii. Depreciation projection on Capex budget

iii. Employee wise monthly depreciation on Finance car, iPad, iPhone & MacBook

iv. Cars, Fit outs, iPhones, iPads, MacBook's Finance Lease Capitalization/Decapitalization

v. Physical Verification & its reconciliation with FAR

vi. Review of Professional charges & Repair & Maintenance charges > 5 lakhs

vii. Monthly FA schedule preparation

viii. FA schedules for review

ix. Monthly DC details shared for GST compliance

x. Monthly reconciliation of TRS Tools Intangible CWIP cost and its capitalization

xi. Monthly depreciation of TRS Intangible Tools

xii. Monthly reconciliation of CDO Tools Intangible CWIP cost and its capitalization

xiii. Monthly reconciliation of IT Tools Intangible CWIP cost and its capitalization

xiv. Delivery Challan and Tax Invoice preparation for Asset Movement

xv. Retirement/derecognition of BS & IT assets, E-waste disposal of IT assets as per e-waste policy

xvi. Impairment/derecognition of Intangible assets if no future economic benefits are available

• Monitor integrated process of inter-entity invoicing and settlement in accordance with the inter-entity policy, ensure master up to date master data.
  
  

Mandatory skill sets:

Financial reporting, Management reporting

Preferred skill sets:

Finance

Years of experience required:

3+ years

Education qualification:

CA and B.Com / BBA / MBA / M.Com