Support the operations and management teams at Core42 by taking charge of assessing, negotiating, finalizing, and implementing the commercial terms in all operational partner agreements. Continuously analyze/monitor/control/forecast budget drivers to ensure that budgets are met, design effective budget models for departments and corporate, advise business heads on effectively meeting budget objectives, and present annual budgets to senior management.

Job Responsibilities:

• Gather and analyze relevant financial information on costs & expenses, and monitor/control/forecast budget drivers.

• Ensure accuracy of charges, validate invoices & claims, and prepare detailed analyses for management.

• Review, analyze and interpret business & financial data, providing financial inputs that add measurable value to the business.

• Prepare month-end closure of books by inputting financial actions and reviewing journal entries at both account and corporate levels.

• Conduct in-depth variance analyses and develop insightful, action-oriented financial reports & dashboards.

• Track monthly volumes by delivery model and calculate financial impact of any delay in transformation.

• Calculate revised ACV and monthly charges based on changes in delivery model, volumes, etc.

• Work on Charge Adjustment to account for any changes in in-scope services, clients, resources or volumes.

• Ensure application of relevant unit rates by taking into consideration volume band, delivery model transformation, and other factors that may cause variance.

• Analyze capability & service offering financials to determine and evaluate performance.

• Perform sensitivity analyses to assess the impact of volume and growth fluctuations on cost.

• Investigate financial performance variances to identify business trends and forecast future financial activity.

• Track Minimum Volume Commitment (MVC) and proactively flag any potential shortfall to management.

• Incorporate impact of Customer satisfaction scores (NPS and CSAT, etc.) on MVC.

• Ensure capitalization of all charges that meet the criteria for capitalization

• Incorporate the impact of market benchmarking on unit pricing and overall charges from the partner

• Work with the CX team to proactively incorporate the impact of potential churn and account losses.

• Track charges for all SOWs with operational partners, ensuring the accuracy of charges and incorporating them in MVC calculations.

• Track and calculate Liquidated Damages and other deductions permitted by the agreements

• Track customer- and supplier-provided resources to ensure correct cost recovery and charges.

• Ensure that inter-company transactions, accruals, billings & payments are prepared, recorded, remitted & reconciled.

• Support audit requests to review and investigate account activity, providing information as needed and correcting issues at the accounting level.

• Provide support for preparation of quarterly and annual budgets, as well as periodic forecasts.

Qualifications:

Minimum Qualifications:

• Bachelor’s degree in Finance, Accounting or equivalent
• CFA/CA with MBA as a plus
• Experience interacting with external/internal auditors and representatives of national/international financial institutions
• Minimum 10 years of experience in progressively senior financial roles

Job Specific Skills:

• In-depth understanding of IT Services best practices
• Strong analytical and quantitative skills with a keen eye for detail
• Excellent interpersonal skills, with the ability to communicate and manage well at all levels of the organization.
• Outstanding communication skills
• Ability to derive actionable insights from financial data to profitably impact forecasting and budgets
• Exceptional negotiation skills