Finance Business Partner
British Telecom
مجموع سنوات الخبرة :12 years, 7 أشهر
Act as a collaborative agent to bridge the gap between business and finance.
Responsible for driving revenue, costs and cash improvement, identification, and mitigation of risks.
Value added finance support to Business in strategic decision makings towards new business/ change controls.
Carrying out detailed reviews of forecast with Business team to ensure timely and accurate forecast/Budget submission, clearly calling out R&O and helping them in preparation of the walks giving complete understanding of business drivers.
Finalizing the annual budget, including review with senior management.
Global business cases & deal pricing, vendor negotiation - Validation, review and sign-off.
Driving Cost transformation activities, Challenging/ questioning the inappropriate/ wrong charge to P&L.
Role is to ensure correct and timely reporting of products & services ordered by the BT Bespoke contracts for onward service to external customers.
Prepare the income statement & finalise the EBITDA for month end close. Present the final numbers to the management & stakeholders & explain the variance with the forecast, budget & trend, along with comprehensive commentaries.
Liaising with cross functional teams to ensure accuracy, completeness, and timeliness of financial reporting on monthly basis.
Coordinate with commercial team & business team to finalise the budget/MTP, forecast & outlook.
Provide pre-month end view on WD-2 to provide fair idea of expected P&L which would reflect on WD 2/ WD3 in order to avoid last minute surprises.
Preparation of comprehensive balance sheet accounts reconciliations & FCM, present the balances to the management & stakeholders; explain the variance with the forecast & budget along with commentaries.
Prepare the working capital position of the products & services supported by detailed comments for favorable & unfavorable movements and against the budgets/forecasts/outlook.
General Ledger
General ledger accounting, month end closing, cost accruals and provision, deferrals for month end, prepaid amortization, fixed asset accounting, foreign exchange gain / loss accounting, payroll accounting.
Monthly balance sheet and profit & loss analysis, variance analysis, bank reconciliation, sub-ledger to general ledger reconciliations, finalization of balance sheet & profit & loss account.
Intercompany accounting & reconciliation.
Management reporting, MIS preparation for cash flow & fund flow, forecast the fund flow. Manage the bank funds & ensures the effective utilization of funds.
Account Payable
Supervise end to end accounts payables process; vendor & T&E vouchers approval, vendor payments, AP reconciliation, cost analysis & MIS report by profit center & cost center, billable & non billable expenses etc.
General Ledger
General ledger accounting, month end closing, cost accruals and provision, deferrals for month end, prepaid amortization, fixed asset accounting, foreign exchange gain / loss accounting, payroll accounting.
Monthly balance sheet and profit & loss analysis, variance analysis, bank reconciliation, sub-ledger to general ledger reconciliations, finalization of balance sheet & profit & loss account.
Intercompany accounting & reconciliation.
Management reporting, MIS preparation for cash flow & fund flow, forecast the fund flow. Manage the bank funds & ensures the effective utilization of funds.
Account Payable
Supervise end to end accounts payables process; vendor & T&E vouchers approval, vendor payments, AP reconciliation, cost analysis & MIS report by profit center & cost center, billable & non billable expenses etc.
Accountable for the timely preparation of monthly journal entries and the reconciliation of the accounts.
Maintenance of various accounting areas, fixed assets, Cash/Revenue, prepayments/accruals, Intercompany balances.
Perform balance sheet & sub-ledger to General Ledger reconciliations and work to resolve any discrepancies.
Looked after the budgeting part of client’s projects analyze, do variance/spend analysis on budgeted vs. actual, in progress, over under spend.
Send instruction to billing team for monthly billing deadlines and ensure that all billing deadlines are met, ensure the availability of invoices. Monitor AR and follow up with billing/cash application team on outstanding issues
Present the project budget vs actuals to the business managers and accounts manager to explain project status, issues, seek explanation on progress for budget overlays.