Senior Analyst

Kpmg India Services Llp

Bengaluru/Bangalore

Not disclosed

Work from Office

Full Time

Min. 5 years

Job Description

Senior Analyst

Roles & responsibilities

•Collaborate with the Working Capital Controller team to support financial operations and achieve objectives across a range of business areas.

•Develop a comprehensive understanding of the business operations supported, actively learning about relevant finance processes to integrate them effectively into daily tasks.

•Address and resolve process and administrative queries that fall outside the scope of other Finance support teams, leveraging a workflow management system to track and manage these queries to completion.

•Review Work In Progress (WIP) reports to identify areas of risk and highlight potential billing opportunities, ensuring proactive financial management.

•Monitor and report any underperformance by Engagement Leaders and Managers, ensuring these issues are addressed and performance improvements are implemented where necessary.

•Engage with key stakeholders, including Engagement Partners and Managers, to ensure comprehension of the lock-up cycle and meeting of lock-up targets.

•Managing Lock Up Days – to regularly review WIP and debtor lock up days for Engagement Leaders, to monitor trigger points of billing/ write offs, so ensuring early revenue action to maintain optimum working capital hygiene from a WIP perspective.

•Develop a thorough understanding of the business area supported, proactively keeping abreast with what services it provides, its key clients, & significant contracts

•Build strong and trusted relationships with key stakeholders, principally engagement leaders and managers, and middle office where applicable

•Minimise lockup by reviewing unbilled revenue, validating recoverability and instigating the EL/EM/MO to act where billing action needs and/or should be taken

•Monitor debt and work closely with the EL/EM to drive timely collections. Escalate aged or disputed items in-line with the credit control framework, highlighting blockers for partner intervention

•Act as the first line of support for operational finance queries relating to WIP, debtors, billing, revenue processes, and engagement hygiene. Assist ELs/EMs in understanding key working capital metrics and required actions

•Review engagement cost accruals, ensuring that there is no double-count with actual costs and/or overstated revenue due to a lack of accruing. Pursue action as may be required

•Monitor and pursue action on engagement-related operational matters that can have an impact on lockup and revenue recognition e.g. risk blockers, EL/EM leavers whose codes haven’t been transferred to another EL/EM, work packages without billing element. Similarly, promote hygiene across the portfolio by ensuring that completed projects are closed within the system

•Execute defined control activities, such as revenue reassignment and other controls within established finance processes. Ensure proper documentation and compliance per process governance

•Act as an escalation point for both the requestor and the finance operations team, in transaction execution processes e.g. stalled billing or approvals

•Escalate and work with Finance Business Partners (FBPs) to tackle identified significant and/or systematic lockup and commercial issues

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