Systems & Contracts Business Analyst

10 hours ago

Bengaluru, India Finastra Full time

Responsibilities What will you contribute? This role resides within Finastra's Finance function and is responsible for reviewing and executing all incoming customer contracts to ensure they are in accordance with company revenue recognition policies. The Systems & Contracts Business Analyst also serves as a partner to the Sales, Legal, OTC teams and other aligned functions for the purpose of accurately structuring contracts and billing and works closely with internal and external auditors to assist with revenue testing. Responsibilities & Deliverables: Your deliverables will include, but are not limited to, the following: To read and process signed contracts associated with Closed Won opportunities and capture all required data elements in Salesforce.com contract records. To maintain contracts and assets and account for variations, terminations and other required contractual events. Contract administration for the purpose of validation before contract execution and signature, tracking and accurately recording the company’s revenue in accordance with IFRS Responsible for the set-up, maintenance and alignment of contracts across their entire lifecycle in SFDC and ZAB, aligned to the signed contracts Responsible for proactively remediating the historical contract set-up issues within the current portfolio of contracts to ensure accurate future billings Responsible for ensuring contract price books are accurately set-up reflecting and updated for CPI on a timely basis and customer notifications are issued Contributing to the advancement of the company’s systems used to support, report, track and hold accountable business leaders and functions. Capturing required contract details in Salesforce.com Creation of billing artefacts to support onward billing – contract assets or subscriptions, billing groups, sales orders. Rejecting deals that have been processed incorrectly by sales and have them corrected and resubmitted To provide handover to the billing team, customer solutions team and collections team To evaluate contract compliance and generate opportunities for sales when in breach Required Experience: Degree from a top-tier university, ideally within an analytical, business or mathematical discipline Ability to interpret, present and explain complex accounting issues Highly organized with great attention to detail Motivated by a challenging, dynamic and demanding environment Excellent Communications Skills Excellent working knowledge of Microsoft Excel and PowerPoint Experience in an environment working to deadlines and/or time critical SLAs Understanding and experience of CRM systems (Salesforce.com and Netsuite preferred) within the sales organization Atleast 2 years experience working within a sales or sales operations, order to cash and finance environment within a software organization

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