Lead - Revenue Assurance

Title

AVP – Finance & Accounts ( REVENUE ASSURANCE)

Purpose: Reporting to the Head – Revenue Management, this role is responsible for MIS, Reporting, and Business Partnering

Location - MUMBAI (on site)

About the Role

Reporting to the Head – Revenue Management, this role is responsible for MIS, Reporting, Business Partnering.

Education: Chartered Accountant

Experience: 10-15 years in Finance, out of which at least 2-3 years in Revenue Assurance, MIS, Reporting, System Development & Automation & Business Partnering.

KRA Description

• Preparation & presentation of Management MIS
• Development and design of MIS for various streams of revenue and
• presenting the same to Management. Ensuring that MIS is provided within specified timelines and following detailed analysis to enable effective decision-making.
• Preparation of budgets and forecasts, as well as Preparation of periodic Cash flow and collection forecasts.
• Ensuring smooth preparation of Cash flow for the Budget and forecast for all revenue streams
• Ensuring quick response regarding management queries and addressing them quickly. Ensuring accurate and timely preparation of collection forecasts and comparison with the budget
• Monthly monitoring of planned cash flows against Actuals. Providing a timely update to management in case of variations in Plan vs Actual, along with reasons thereof
• Review of contracts, resolving queries & interacting with Sales
• Ensure close coordination with the Revenue Business team
• Ensure review and evaluation of revenue contracts. Identify risks and highlight to the management
• Advice on revenue recognition based on review of contracts
• AR Review & Balance Sheet Review
• Review & create awareness with the senior management on the overdue o/specifically, above 90 days to ensure timely action and follow up, and thereby minimise the AR becoming more than 180 days / PDD / Bad Debt
• Highlighting the risk to the management of time
• Process Review: Understand the business, identify areas of challenge, bottlenecks, redundancies, and inefficiencies, and develop and present recommendations for process improvements.
• System Implementation & Conduct an assessment to understand the specific needs of the various revenue
• Streamline automation and work closely with various teams to understand their processes and provide automation solutions accordingly. Identify areas for improvement in the existing system and drive automation initiatives.

Qualifications

• Education: Chartered Accountant
• Experience: 10-15 years in Finance, out of which at least 2-3 years in Revenue Assurance, MIS, Reporting, System Development & Automation & Business Partnering.
• Location: Mumbai
• Reporting Relationship: Head – Revenue Management
• Business/Channel/Function: Finance and Accounts

About the Company

CulverMax Entertainment Pvt Ltd (Formerly known as Sony Pictures Networks India) is home to some of India’s leading entertainment channels such as SET, SAB, MAX, PAL, PIX, Sony BBC Earth, Yay!, Sony Marathi, Sony SIX, Sony TEN, SONY TEN1, SONY Ten2, SONY TEN3, SONY TEN4, to name a few! Our foray into the OTT space with one of the most promising streaming platforms, Sony LIV brings us one step closer to being a progressive digitally led content powerhouse. Our independent production venture- Studio Next has already made its mark with original content and IPs for TV and Digital Media. But our quest to Go Beyond doesn’t end there. Neither does our search to find people who can take us there. We focus on creating an inclusive and equitable workplace where we celebrate diversity with our Bring Your Own Self Philosophy. We strive to remain an ‘Employer of Choice’ and have been recognized as:

• India’s Best Companies to Work For 2021 by the Great Place to Work® Institute.
• 100 Best Companies for Women in India by AVTAR & Seramount for 6 years in a row.
• UN Women Empowerment Principles Award 2022 for Gender-Responsive Marketplace and Community Engagement and Partnership.
• ET Human Capital Awards 2023 for Excellence in HR Business Partnership & Team Building Engagement.
• ET Future Skills Awards 2022 for Best Learning Culture in an Organization and Best D&I Learning Initiative.

The biggest award of course is the thrill our employees feel when they can Tell Stories Beyond the Ordinary!