Graduates/CA, with 15Yrs of exp, as an Associate Director- Finance, at IT Service Company, Bangalore
Experience : 10years - 20 years
Salary: 0.0 Lacs - 0.0 Lacs
Job Validity: 2020-12-30
Job Type : permanent
Industry : Information Technology
Role : Graduates/CA, with 15Yrs of exp, as an Associate Director- Finance, at IT Service Company, Bangalore
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O2C - Billings
JD –Associate Director Finance–Billings
Job Title: Associate Director, Finance
Reporting To: Global Process Owner – O2C (Order-To-Cash)
Job Location: Bangalore, India.
Billings team supports regional and global contracts. The team is responsible for commercial invoicing of all contracts covering DXC’s service portfolio. The team works closely with Deliver org, Business Operations, Account Executives and Account Financial Analysts to secure revenue and receivables for the company.
Global O2C is looking for a Global Leader atAssociate Director level to drive all billings & invoicing activities across all regions for DXC. The global team shall be made up of Finance Managers for each region reporting to the Global Leader. Under the Finance Managers, there would regional teams with Associate Manager, Sr. Financial Analysts, Financial Analysts and Associates.
Billings team has 700+ FTEs and it operates out of multiple countries supporting DXC regions. Region teams are managed by Regional Billing Leaders reporting into the Global Leader. The Global Leader shall have an interface with Region CFOs, Region FP&A Leaders, Region Account Finance Leaders & Global Collections Leader.
The successful candidate should have a background in Finance functions with added experience in Billing / Invoicing functions in services sector, preferably IT Services. Additionally, the candidate should have management experience including the hiring, coaching, and development of skilled resources.
Manage billingsfunction globally. Functionally drive invoicing timeliness & accuracy, resolution of disputes and liquidation of Unbilled AR.
Deliver on KPIs and drive improvement to create positive impact on cash-cycle for the company.
Frame and drive transformation agenda targeted at cycle-time reduction for invoicing and higher accuracy. Partner with Process Excellence and RPA teams to identify automation opportunities, strategize and execute the plans.
Partner with Region CFOs, Global Collections and extended finance and business teams to drive improvement in O2C metrics including reduction in DSO, reduction in Unbilled AR and Collection of Cash to set targets.
Responsible for hiring, setting and monitoring of annual performance plans, coaching, and career development.
Create new operational efficiencies and cost savings within the organization using process improvements.
Education and Experience Required
Commerce graduate or a post graduate. Professional qualification like Chartered Accountancy is highly desirable.
Typically, 15+ years of experience in Finance including Billings and other Order to Cash functions in a Shared Services environment.
Good understanding of end-to-end Order-To-Cash cycle with strong numeric abilities and attention to details. Understanding of order acceptance, order management and customer invoicing on client contracts is key.
10+ years of people management experience in finance managing Finance Managers & Associate Mangers.
Prior exposure to Finance Support in IT Services industry is a MUST.
Experience inan integrated offshore business finance support model would be helpful.
Experience in managing large global teams in multi-cultural environment.
Knowledge and Skills Required
Excellent communication skills including negotiation, presentation, and influencing skills.
Strong leadership skills, including coaching, team-building, conflict resolution, issue resolution, group facilitation & change management skills.
Stakeholder management skills at senior level of the organization including Region CFOs, Finance Directors and Global Process Owners. Strong relationship management skills, including partnering and consulting.
Strong analytical thinkingand problem-solving skills with attention to details.
Excellent multi-tasking and prioritization skills.