FIS Global Hiring for Finance Shared Services Analyst E – Revenue impact/recognition/allocation at Pune, India Full Time

Position Type :

Full time

Type Of Hire :

Experienced (relevant combo of work and education)

Education Desired :

Bachelor of Commerce/Business

Travel Percentage :

0%

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.

What you bring:

Knowledge / Experience

• 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.

Person Specification:

Education requirement – B.com, MBA or a master’s degree in Accounting/Finance

Good Team player.

Understanding of client contracts.

Excellent communication skills.

Ability to understand complex calculations.

Experience with software contracts and understanding of ASC 606 revenue recognition accounting standard would be an added advantage.

What we offer you

• A multifaceted job with a high degree of responsibility and a broad spectrum of opportunities

• A broad range of professional education and personal development possibilities – FIS is your final career step!

• A competitive salary and benefits

• A variety of career development tools, resources and opportunities

With a 50-year history rooted in the financial services industry, FIS™ is the world’s largest global provider dedicated to financial technology solutions. We champion clients from banking to capital markets, retail to corporate and everything touched by financial services. Headquartered in Jacksonville, Florida, our 53,000 worldwide employees help serve more than 20,000 clients in over 130 countries. Our technology powers billions of transactions annually that move over $9 trillion around the globe. FIS is a Fortune 500 company and is a member of Standard & Poor’s 500® Index.

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 FIS Online Privacy Notice. (https://www.fisglobal.com/-/media/fisglobal/files/policies/privacy/online-privacy-notice/english.pdf?la=en)

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 (http://www.fisglobal.com/privacy) .

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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