Manager – OTC

3 days ago

gurugram, India Genpact Full time

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI. 
 Inviting applications for the role of Manager – OTC - Controllership
In this role, you will be responsible for Deal type confirmation and Deal approval. Analyzing and recording of revenue entries for each PID. 
You will work with Business, Project Management team and FP&A team. You will be expected to be focused on Managed services business-related activities of revenue recognition & billing. 
Responsibilities
• Evaluate deals set-up in workflow system from finance compliance perspective for revenue accrual & billing ensuring Revenue Recognition Policy being adhered.
• Revenue accrual process based on different types of deals according to Revenue Recognition Policy. 
• Billing Process based on different types of deals.
• Month close activities from Revenue & Billing Perspective. 
• Proper accounting of billing and accrual related transactions.
• Proper understanding and control on accrued Vs billed variances (UBR-Unbilled Revenue Reconciliation).
• Actively interact with key stakeholders (Operations/PMO/ FP&A/Central controllership) in driving OTC activities to the closure.
• Provide solutions to the issues related to set-up of Deals ensuring of revenue recognition policy adherence.
• Handle Various Audits (SOX, Internal & Statutory) for Revenue & Billing Process.
Qualifications we seek in you
Minimum qualifications
• B. Com
Preferred qualifications 
• M. Com / MBA
• Knowledge of Commercial Insurance / Commercial Insurance Brokerage OTC cycle
• Proficient in Power BI, MS- Excel & Presentation skills.
• Hands on experience on revenue assurance & billing process.

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