Engagement Financial Operations – Partner ledger support Services -Analyst / Senior Analyst-USI

Summary

Position Summary

Analyst /Senior Analyst Partner ledger Support, Engagement Financial Operations - Deloitte Support Services India Private Limited

The Analyst/Senior Analyst Partner Ledger Support offers advanced financial and administrative assistance to partners, with a primary focus on the financial management of client engagements. This position entails overseeing engagement budgets, monitoring financial performance, coordinating billing and invoicing processes, and ensuring the seamless financial operation of the partner's engagements. The ideal candidate will be highly organized, detail-oriented, and adept at handling multiple tasks simultaneously.

Work you’ll do

As a part of this team, you will:

Key Responsibilities:

Engagement Financial Management:

Monitor partner ledger hygiene, highlight Days Sales Outstanding (DSO) improvement opportunities, identify potential exposures, work with partners to address engagement financial queries, maintain visibility on high-risk engagements, escalate issues when necessary, provide strategic insights and implement best practices to help partners understand and navigate DSO challenges and impacts, and conduct 1:1 partner meetings for working capital management, partner ledger hygiene, and identifying opportunities for improvement.

Risk Management:

Monitor lead indicators for predicting engagement distress, maintain a line of sight on high-risk engagements in the partner ledger, and facilitate financial accountability and operational efficiency across the firm by working closely with Business Finance, key Business Unit stakeholders, and other groups across the Enabling Areas.Engagement Support Services:Deliver firm-wide engagement support services to promote optimal engagement health, hygiene, and financial management across all engagements and client accounts. This includes handling requests received through ServiceNow for various tasks such as:

Invoicing:

Coordinate the accurate preparation and issuance of client invoices in compliance with engagement terms.

Client Creation:

Facilitate the creation of new client accounts in the system, ensuring all necessary information is accurately entered and verified.

Engagement Creation:

Set up new engagements, ensuring all relevant details are captured and aligned with client requirements and firm policies.

Engagement Closure:

Manage the closure of engagements, ensuring all financial and administrative tasks are completed, and final reports are generated.

Modification of Engagement:

Handle modifications to existing engagements, including changes in scope, budget adjustments, and other necessary updates to maintain accurate records.

Client Communication and Billing:

Coordinate the accurate preparation and issuance of client invoices in compliance with engagement terms. Manage accounts receivable by tracking outstanding invoices, resolving any billing issues, and monitoring key financial metrics such as Days Sales Outstanding (DSO) and margins.Financial Reporting and Analysis:Prepare comprehensive financial reports and analyses for engagements, covering profitability analysis, cost tracking, margins, billing, and days sales outstanding (DSO). Assist in creating financial presentations and reports. Offer financial insights and recommendations to support strategic decision-making. Copyright © 2024 Deloitte Development LLC. All rights reserved.Collaboration and Support:Collaborate with other teams within the EFO function, such as ECOS and ESCoE, providing support whenever needed. Be a quick learner and capable of multitasking, quickly learning other sub-processes within the EFO function and being available to assist as required.Process Improvement:Identify and implement process improvements to enhance the efficiency and effectiveness of engagement financial management. Leverage technology and digital tools to streamline financial processes. Promote a culture of continuous improvement within the team

Required Skills and Attributes:

Effective Stakeholder Management:

Engage effectively with partners during 1:1 meeting, ensuring clear communication and professionalism.

Communication:

Exhibit strong listening and conversational English skills to ensure clarity in all interactions.

Financial Data Interpretation:

Clearly interpret and explain basic financial data to partners, including Days Sales Outstanding (DSO), Accounts Receivable (AR), margins, and other relevant metric

Feedback Documentation and Issue Escalation:

Accurately document feedback during partner meetings and escalate issues when necessary.

Professionalism:

Maintain high standards of professional behavior, particularly in managing and mitigating interruptions during 1:1 meeting, such as mobile phone distractions, and maintaining focus and control of the conversation.

Collaborative:

Work effectively within a team environment, fostering a culture of cooperation and mutual support.

Adaptability:

Be flexible and able to adjust to changing circumstances and demands, showing resilience in the face of challenges.

Interpersonal Skills:

Build and sustain strong relationships with partners.

Attention to Detail:

Conduct thorough reviews to ensure accuracy in all communications.

Work Location: Hyderabad

Shift timings: 6.30 AM to 3.30 PM

Qualifications

Required

Postgraduate/Graduate (B. Com, BA, BBA) with Financial Background and strong analytical skills

1-6 years of experience is in financial domain, especially in Accounts Receivables is preferred.

Preferred

Good Excel skills and strong computer skills

Team player with a positive attitude, strong verbal and written communication skills, and excellent interpersonal skills

How You’ll Grow

At Deloitte, we’ve invested a great deal to create a rich environment in which our professionals can grow. We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and networking opportunities—including exposure to leaders, sponsors, coaches, and challenging assignments—to help accelerate their careers along the way. No two people learn in the same way. So, we provide a range of resources including live classrooms, team- based learning, and eLearning. DU: The Leadership Center in India, our state-of-the-art, world-class learning Center in the Hyderabad offices is an extension of the Deloitte University (DU) in Westlake, Texas, and represents a tangible symbol of our commitment to our people’s growth and development. Explore DU: The Leadership Center in India

Benefits

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Recruiting tips

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