Finance Operations - Specialist

Overview:

Location-Hyderabad, Bangalore

Shift Timings- 2PM-11PM

Skills - FP&A and Accounting

Experience - 6+ Years

The Financial Analyst will be primarily assigned to work directly under the FPA function or Finance Operations function. The role will alternate between functions periodically (e.g. every six months), to ensure departmental cross training functionality.

Responsibilities:

• About us:

We are an integral part of Annalect Global and Omnicom Group, the second largest advertising agency holding company in the world in terms of revenue and is the leading global marketing communications company. Our portfolio includes: three global advertising agency networks: BBDO, DDB and TBWA; three of the world’s premium media services under Omnicom Media Group: OMD, PHD and Hearts & Science.

Let us build this together.

This is an exciting role and would entail you to:

Specific Duties and Responsibilities

Financial Planning and Analysis:

• Prepare detailed analysis of assigned general ledger accounts.
• Prepare detailed PL reports for assigned departments. Prepare and maintain regular financial planning reports including monthly profit and loss forecast by various agencies, locations etc.
• Provide month end close support, reconciliations, journal entries and other reporting activities.
• Prepare balance sheet reconciliations for a variety of GL accounts (Fixed Assets, Payables, Cash/Bank, intercompany etc.).
• Perform Intercompany Reconciliations & variance analysis and follow up to resolve the variances.
• Should be able to perform, communicate over calls with client and handle the technical issues independently.
• Financial Analysis – Provide and present meaningful, concise, and clear analysis, including variance analysis to senior management on financial issues and performances (actual versus budget/forecast/ prior quarters etc.)
• Monitor, analyze the trends of Key Performance Indicators (KPIs) and identify the cause of any unexpected variances.
• Publish and prepare different Business / Management reports including Ad-hoc reports.
• Assist with ad hoc strategic and operational projects as required.

• Coding agency invoices, reviewing/renaming/coding biller invoices.
• Submitting all invoices to EXL. Handling emails with EXL re: issues with invoices & unapproved POs
• Pulling/reviewing invoices for payment runs
• Vendor setup – prompt internal users, confirm required forms are received, prepare new vendor form, and submit to Shared Service Center
• Prepare media disbursement journal entry and load into D365
• FedEx journal preparation and load into D365Prepping MO/UPS/FedEx/ECN invoices for payment

• Researching and providing support to Share Service Center for payment application.
• Prepare and load media invoice journal entry D365

Time Reporting:

Backup to Timesheet coordinator in daily tracking of missing time and download of reports. Download missing timesheet reports and follow up on missing time. Goal is 100% submission of timesheet by all agency employees. Will send missing time reminders/reports to employees and their timesheet approvers/supervisors until all time is entered and approved.

Excellent excel (Pivot tables, Smart-View, Index match, vlookup, xlookup etc.)

Qualifications:

• Good Experience in FP&A, Budgeting, Forecasting, Variance Analysis
• Candidate should have a minimum of 5 year’s relevant experience in RTR, General Accounting, AP,AR
• Strong analytical skills
• Strong attention to detail
• Conscientious
• Pro-active, self-starter
• Curious, able to ask questions and challenge
• Able to communicate with agency staff at all levels with a friendly and helpful attitude
• Fluent spoken and written English
• Work with the Senior Management Accountant to submit the monthly financial forecast
• Calculating monthly revenue submission, accrued and deferred and ensuring correct backup for audit
• Work with the shared service centre management accountant on ensuring that the monthly actuals reporting is correct, including the accruals, revenue and payroll
• Check the monthly payroll submission
• Complete the monthly client profitability analysis
• Keep on top of the working capital: reviewing WIP, AP and AR balances, chasing up on unpaid AR
• Submit credit rating requests for new and existing clients to ensure correct insurance coverage
• Support with Internal and Statutory audits
• Ad Hoc reporting and analysis for the FC and CFO
• Ad hoc administrative tasks as necessary: including PO approvals, chasing up on AP invoices with the shared services centre etc.
• Qualified (CIMA/ACCA/ACA) (would consider strong part-qualified)
• Experience using D365 and/or Screendragon an advantage