Line of Service

Internal Firm Services

Industry/Sector

Not Applicable

Specialism

Operations

Management Level

Manager

Job Description & 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 Accounting team helps internal leaders with fixed assets accounting and asset management, financial reporting, accounting research and analysis, statutory and regulatory reporting, and data security. As part of the team, you’ll assist with monthly closings, financial analysis, oversight and management of controls and compliance, tax and cash projections and data security.

*Why PWCAt 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 purpose-led and values-driven 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.At PwC, we believe in providing equal employment opportunities, without any discrimination on the grounds of gender, ethnic background, age, disability, marital status, sexual orientation, pregnancy, gender identity or expression, religion or other beliefs, perceived differences and status protected by law. We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firm’s growth. To enable this, we have zero tolerance for any discrimination and harassment based on the above considerations. "

Job Description & 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.

Responsibilities:

Working in alignment & delivering on the CoE’s objectives and business benefitsDriving innovationFostering 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 inter-entity invoicing and settlement in accordance with the inter-entity 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, MacBook's 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,  E-waste disposal of IT assets as per e-waste 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 timelinePreparing 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 reviewedPrioritize the Balance Sheet on a “risk-based approach”, identify the accounts that inherently have the greatest risk of error and financial risk. Create a standard, organization-wide 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:

10+ years

Education qualification:

UG/PG in Finance

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required: Bachelor Degree

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Statutory Reporting

Optional Skills

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Available for Work Visa Sponsorship?

Government Clearance Required?

Job Posting End Date