Finance Business Partner

Overview

Job Responsibilities:

• Gather and analyze relevant financial information on costs & expenses, and monitor/control/forecast budget drivers.
• Ensure accuracy of charges, validate invoices & claims, and prepare detailed analyses for management.
• Review, analyze and interpret business & financial data, providing financial inputs that add measurable value to the business.
• Prepare month-end closure of books by inputting financial actions and reviewing journal entries at both account and corporate levels.
• Conduct in-depth variance analyses and develop insightful, action-oriented financial reports & dashboards.
• Track monthly volumes by delivery model and calculate financial impact of any delay in transformation.
• Calculate revised ACV and monthly charges based on changes in delivery model, volumes, etc.
• Work on Charge Adjustment to account for any changes in in-scope services, clients, resources or volumes.
• Ensure application of relevant unit rates by taking into consideration volume band, delivery model transformation, and other factors that may cause variance.
• Analyze capability & service offering financials to determine and evaluate performance.
• Perform sensitivity analyses to assess the impact of volume and growth fluctuations on cost.
• Investigate financial performance variances to identify business trends and forecast future financial activity.
• Track Minimum Volume Commitment (MVC) and proactively flag any potential shortfall to management.
• Incorporate impact of Customer satisfaction scores (NPS and CSAT, etc.) on MVC.
• Ensure capitalization of all charges that meet the criteria for capitalization
• Incorporate the impact of market benchmarking on unit pricing and overall charges from the partner
• Work with the CX team to proactively incorporate the impact of potential churn and account losses.
• Track charges for all SOWs with operational partners, ensuring the accuracy of charges and incorporating them in MVC calculations.
• Track and calculate Liquidated Damages and other deductions permitted by the agreements
• Track customer- and supplier-provided resources to ensure correct cost recovery and charges.
• Ensure that inter-company transactions, accruals, billings & payments are prepared, recorded, remitted & reconciled.
• Support audit requests to review and investigate account activity, providing information as needed and correcting issues at the accounting level.
• Provide support for preparation of quarterly and annual budgets, as well as periodic forecasts.

Qualifications:
Minimum Qualifications:

• Bachelor’s degree in Finance, Accounting or equivalent
• CFA/CA with MBA as a plus
• Experience interacting with external/internal auditors and representatives of national/international financial institutions
• Minimum 10 years of experience in progressively senior financial roles

Job Specific Skills:

• In-depth understanding of IT Services best practices
• Strong analytical and quantitative skills with a keen eye for detail
• Excellent interpersonal skills, with the ability to communicate and manage well at all levels of the organization.
• Outstanding communication skills
• Ability to derive actionable insights from financial data to profitably impact forecasting and budgets
• Exceptional negotiation skills