Zonal Finance Lead - Service Industry

Job Summary:

Responsible for providing support for all Zonal level financial activities including - Zonal financial and business forecasting, planning and reporting; Zonal level internal Financial and Business Reporting; Supervising and coordinating Accounts Reconciliation at a Zonal level and providing Price Increase support; Day-to-day financial requirements such as Billing & Invoicing, Cash Management, Accounting, Price Increase administration, Compliance & Audit requirements.

Budgeting and Forecasting

- Provide strategic planning support by preparing budget/financial forecasts for the Zonal

- Prepare annual budget for the Zonal and support in Hub budget preparation

- Conduct sales forecasting and analysis

- Prepare profitability estimates and actual result statements on monthly and periodic basis

- Conduct detailed business trends and performance analysis

- Analyse trading results, collections, cost analyses, growth analyses etc.

- Advise Zonal head on financial status/performance of the hub

Financial and Business Reporting

- Analyze budget conformance at a Zonal level

- Analyze and monitor sales performance data

- Analyze profitability data for clients and provide relevant input to the sales team

- Advise Zonal head on financial status/ performance of the Zonal

- Prepare monthly and periodic MIS statements as required for internal reporting

- Billing, Cash, Accounting and Price Increase Support

- Manage the end-to-end billing process for all clients to ensure accurate recording and processing of bills/invoices

- Manage & Control budgeted cash at a Zonal level.

- Review reconciliation of hours billed v/s hours paid for all assignments at a Zonal level

- Share debtor analysis with Zonal Managers to support the collection of outstanding amounts from clients

- Support in resolving client queries on invoices and billing

- Closely review

- Manage billing amounts for clients linked to Price Increase

- For retrospective Price Increase, cases manage recovery and collection of past dues

- Monitor and control expenses on the uniform, stationery, telephone, and other administrative requirements

- Implement cost control measures to keep overhead costs under control

- Conduct monthly closing of accounts

- Ensuring monthly review of Collection Clientwise , invoicewise Taxation, Compliance, and Audit

- Ensure smooth audits and regular interaction with auditors