Job
Description
Internal Firm Services Industry/Sector Management Level Associate & Summary At PwC, our people in finance focus on providing financial advice and strategic guidance to clients, helping them optimise their financial performance and make informed business decisions. These individuals handle financial analysis, budgeting, forecasting, and risk management. Those in accounting at PwC will focus on managing financial records, analysing data, and assisting in compliance with accounting standards. You will play a crucial role in providing accurate financial information and insights to support decisionmaking. Why PWC At PwC, you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes for our clients and communities. This purposeled and valuesdriven work, powered by technology in an environment that drives innovation, will enable you to make a tangible impact in the real world. We reward your contributions, support your wellbeing, and offer inclusive benefits, flexibility programmes and mentorship that will help you thrive in work and life. Together, we grow, learn, care, collaborate, and create a future of infinite experiences for each other. Learn more about us . & 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. Working in alignment & delivering on the CoE s objectives and business benefits Driving innovation Fostering the culture of Collaboration and influence user behavior related to prompt reporting and actions on the anomalies. Ensure high creditability of the process by ensuring compliances to polices, RCSA framework and timely reporting with Internal and external auditors. Maintaining and building relationships with Finance process leads to ensure end to end process efficiency achieved. Efficient Reporting COE Function Develop Fully integrated solution enabling the seamless reporting and Automated investigation of exceptions from manual investigation. Management Reporting (India and Global) Preparation of Indian reporting ensuring accuracy along with highlighting additional trends or observations to be included as qualitative inputs in the deck Reviewing overall revenue and other financials to identify discrepancies, if any and get the same rectified Preparing monthly overheads analysis/details before releasing the P&L to business teams and ensuring all details/schedules are available for leadership decision making Handling any form of exceptions during month ends (provisions, adjustments etc.) to ensure timely and accurate month end reporting s. Execute 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. Data Analysis Monitoring performance indicators, highlighting trends and analyzing causes of unexpected variance Exception Reporting, Predictive Modeling, Scenario Analysis Spend Analytics of LoS and IFS SBU s Trend Analysis of LoS and IFS budget at the time of initiating budgeting exercise Analyzing LoS and IFS performance against all relevant comparable Budget, Forecast, YoY etc. Measuring and monitoring key KPI s of LoS and IFS to ensure full understanding and visibility at the time of budget submission Process Improvement Making sure that management processes are fully coordinated and function as one process, activated by events and deviations, concentrating on the execution of strategy to accomplish organizational objectives. Identifying the levers for automation. Creating a dialogue on the idea with team lead coupled with detailed scenario analysis & BRD. Executing the project for success Collaborating with Business Partnering and Data warehouse leads to make sure the definitions of any data item are consistent and widely understood in the organization. Leverage Continuous Improvement team in implementing business intelligence tool and dashboard reports and improve data mining and extraction techniques. Statutory reporting Efficient and timely reporting 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. Ensuring schedules supporting the monthly and annual financials are completed, accurate and relevant. Strengthen Statutory reporting to cater to meet the requirement of all stakeholders, including timely submission of Mock Assessment schedules and explanations. Forecasting financials for the payment of advance tax during the financial year with detailed review of revenue and cost, Reviewing the assumptions with changing business dynamics while comparing the actual performance against the budgets. Monitor integrated process of interentity invoicing and settlement in accordance with the interentity policy, ensure master up to date master data. AP AR recon to check the position Resource sharing Cross Charges Contract Internal Tax Technology SSC cost allocation Expense billing Inter Location Invoicing AR & AP file for invoicing Scanned copy of IE rate letter on the basis of agreed rate for DPs signature Generating delivery challan for the transfer of the assets across entity and locations. Ensuring FA related deliverables are operated with precision, quality and effectively Monthly CWIP Analysis Depreciation projection on Capex budget Employee wise monthly depreciation on Finance car, iPad, iPhone & MacBook Cars, Fit outs, iPhones, iPads, MacBooks Finance Lease Capitalization/Decapitalization Physical Verification & its reconciliation with FAR Review of Professional charges & Repair & Maintenance charges > 5 lakhs Monthly FA schedule preparation FA schedules for review Monthly DC details shared for GST compliance Monthly reconciliation of TRS Tools Intangible CWIP cost and its capitalization Monthly depreciation of TRS Intangible Tools Monthly reconciliation of CDO Tools Intangible CWIP cost and its capitalization Monthly reconciliation of IT Tools Intangible CWIP cost and its capitalization Delivery Challan and Tax Invoice preparation for Asset Movement Retirement/derecognition of BS & IT assets, Ewaste disposal of IT assets as per ewaste policy Impairment/derecognition of Intangible assets if no future economic benefits are available 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 Preparing statutory schedules by digital task force and finance teams, period review to enhance the efficiency of information captured to minimize the review points and clarifications required by internal and external stakeholders. Ensure that all actions identified are regularly reviewed Prioritize the Balance Sheet on a riskbased approach , identify the accounts that inherently have the greatest risk of error and financial risk. Create a standard, organizationwide format for preparing financial schedules outline templates for different categories of accounts. Ensure compliances to agreed procedures to perform reconciliation, review the deliverables meeting the expectations on the deliverables, performing quality checks to avoid error. Mandatory skill sets Management Reporting, COE Reporting, Statutory Reporting Preferred skill sets Reporting, Data Analysis Years of experience required 3+ years Education qualification CA Education Degrees/Field of Study required Chartered Accountant Diploma Degrees/Field of Study preferred Required Skills Management Reporting Accepting Feedback, Accepting Feedback, Accounting Advisory, Accounting and Financial Reporting Standards, Accounting Policies, Accounting Practices, Account Reconciliation, Active Listening, Communication, Credit Control, Emotional Regulation, Empathy, Escalation Management, Financial Accounting, Financial Budgeting, Financial Forecasting, Financial Policy, Financial Record Keeping, Financial Reporting, Financial Statement Analysis, Financial Statement Preparation, Financial Transactions, General Ledger Accounting, General Ledger Maintenance, Inclusion {+ 6 more} Travel Requirements Government Clearance Required?
