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Finance Shared Services Analyst E

4 months ago

pune, India Jobs for Humanity Full time
Job Description

Position Type :

Full time

Type Of Hire :

Experienced (relevant combo of work and education)

Education Desired :

Bachelor of Commerce/Business

Travel Percentage :

0%

Job Description

As the world works and lives faster, FIS is leading the way. Our fintech solutions touch nearly every market, company and person on the planet. Our teams are inclusive and diverse. Our colleagues work together and celebrate together. If you want to advance the world of fintech, we’d like to ask you: Are you FIS?.

About the team

FIS currently has an excellent opportunity in its Deal Fulfillment team for a Revenue/Commission Accountant in Capital Market core accounting group.

What you will be doing

  • Working with a team that collaborates with sales representatives, business finance leads, product managers, PS partners, Business Unit managers, IT/Hosting managers etc. to provide pre-signature contract review, revenue recognition guidance and finance approvals for License, Recurring services & Standalone PS deals globally. Additionally, it would require working with the business directly and closely on revenue and expense recognition. Also, coordinate with various business and corporate teams on issues directly associated with products groups.  FIS is a highly dynamic, fast-paced organization. You will be contributing to one of the leading global providers of technology for the financial services industry.
  • Prepare a Deal profile form (Checklist) for each deal & provide revenue impact/recognition/allocation details.
  • Escalate revenue recognition issues as per the Deal profile form.
  • Maintain a deal review log and update the revenue instructions when the deal is executed.
  • Use list price files to calculate discounts against list price and Standalone Selling Price, follow approval matrix to obtain relevant discount approvals for all revenue components in a deal.
  • Track proof of deliveries for all ‘installed licenses’ deals.
  • Use CRM platform to update revenue forecast for each deal.
  • Effectively manage multiple mailboxes and responses on deals assigned.
  • Assign deals above threshold to Business Unit Finance Leads through mailboxes and CRM platform.
  • Use constraint matrix to ensure the deal structure doesn’t have a negative revenue impact. If required, obtain relevant approvals.
  • Maximize revenue in current quarter by providing guidance to sales reps on payment terms/structure and their impacts on revenue.
  • Process terminations after validating the underlying/ongoing contract.
  • Prepare a weekly report for deal volumes.
  • Ability to prioritize important tasks/deals to meet turnaround time while maintaining quality & accuracy.

What you bring

  • Bachelor’s degree in finance or accounting, MBA/Masters is a plus
  • 2 to 5 years of knowledge in contract management, Revenue Accounting and GL Accounting is must
  • Excellent written and spoken English
  • Extremely well-organized – does not lose track of details or need reminding
  • Strong process orientation - manages time well to always meet schedules and deadlines
  • Excellent analytical & problem-solving skills – learns from experiences
  • Confident and Self Driven
  • Good knowledge of Revenue Accounting
  • Process Improvement / Change Management
  • Ability to understand and resolve problems with minimum assistance
  • Good communication and interpersonal skills (verbal and written)
  • Reporting and analysis skills
  • MS Excel Proficient

What we offer you:

At FIS, you can learn, grow and make an impact in your career. Our benefits include:

  • Flexible and creative work environment
  • Diverse and collaborative atmosphere
  • Professional and personal development resources
  • Opportunities to volunteer and support charities
  • Competitive salary and benefits

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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