This role is part of the overall UK&I FP&A team based out of Bangalore. The responsibilities include preparation of the Annual budget, Monthly forecasting and month end process for [Media Service Line] Media Revenue and Operating Expenses. This role will involve preparation of the base budgets and forecasts plus review of same, including detailed variance analysis, identifying problem areas and proposing scenario-based solutions . This role will be required to maintain and update various formats, trackers/repositories as required from time to time.
The candidate will report to the FP&A Lead and is expected to work in collaboration with Commercial Finance, Operational Finance and Client/Brand teams and other UK stakeholders.
Job Description:
Key Accountabilities
This person will be required to perform the following activities:
Media Income
- Co-ordinate, communicate and oversee all FP&A requirements for Media Income
- Preparation and analysis of all monthly forecasts, quarterly forecasts (RFs), and annual budgets, including appropriate liaison with and challenge to client leads
- Submission of Service Line budgets and forecast to SAC Planning System
- Review and validation of output from above to ensure accuracy, consistency, and provide informed variance analysis
- Share forecasts and budgets with Media Commercial Finance leads, communicating identified variances, risks and agree remedial action as appropriate
- undefined
- Preparation of Power-Point presentations to support reviews at Capability / Department / Practice Area level
- Trend analysis including review and validation of pipeline to inform analysis and forecasts
- Monthly interaction with Client Accounting teams to understand deviations in actual performance and incorporate into monthly analysis and future forecast impact
- Feed into monthly close process to ensure key accruals and inaccuracies have been resolved in liaison with Financial Control
- Provide monthly commentary analysis and resolve any queries
- Maintenance of trackers and other inputs for the preparation of Budgets, Forecasts, Month-end close and other reporting requirements
- Produce monthly and other reporting requirements of the Service Line
- Support and work collaboratively with wider FP&A team, Commercial Finance and Operational Finance
- In-depth review of revenue and identify opportunities for further standardisation and efficiencies
- Maintain Excel and other formats required by the team
- Operating Expenditure (Opex)
- Build out and maintain robust forecasts, budget and tracking models for all categories of operational expenditure including, but not limited to, the following: IT, Research, travel & entertainment, business costs, credit insurance, marketing and research costs, bad debts, recruitment, professional fees and office supplies
- Build reporting and insights of operational expenditure by supplier and spend type to provide the required level of granularity for Commercial Finance and business review
- Where applicable, allocate spend by client and share with FP&A Income Analysts for input to client profitability models
- Maintain Vendor wise trackers for forecasts and actuals
Key Requirements
- Qualified Accountant 3+Years PQE (CA/ACCA/CIMA or equivalent) or MBA Finance with 4+Years experience or
- Attitude to take on Challenges and bring in improvements
- Demonstrated ability to manage Stakeholders
- Understanding of the AI tools and some basic experience of working with AI tools
- Previous experience of FP&A in Revenue and costs profile
- Advanced Excel and Power Point skills
- Good communication skills, both written and verbal
- Confident with working across functions and levels
- Demonstrable experience of informed review and analysis of results and forecasts
- Problem-solving and analytical mindset
- Ability to effectively prioritize and execute tasks in a high-pressure
- Experience of GL, SAC, Power BI, Planning & Consolidation Systems will be an added advantage
Location:
Bangalore
Brand:
Bcoe
Time Type:
Full time
Contract Type:
Permanent
