The role has overall responsibility for the booking, control, and analysis of IT costs booked within
Proactive management of the relationship with IT CFO - understand issues and propose solutions e.g. understand upcoming contracts to suggest accounting approach
Review, understanding and explanation of the IT P&L - actuals, variances to prior month and forecast
Review, understanding and explanation of the IT balance sheet review, validation and substantiation of balances, monthly and quarterly analysis of entire IT functional balance sheet, and preparation of a quarterly IT balance review for presentation to the IT CFO.
Management of the month- end process collate/ calculate accruals/ prepayments to be booked (various data sources) , review actual costs against forecast, investigate variances and book adjustments where required, review finalised actuals with CC CFO onshore team
Query resolution for queries generated by offshore teams (e.g. coding, matching, analysis, commentary, etc) and by onshore CC CFO teams relating to work performed by offshore teams. This will include liaison with other offshore vendors where applicable (e.g. CSC for Telecom Expense Management,
Implement changes to accounting policy - e.g. change in useful life of assets, change in thresholds for capitalisation
Standardisation of processes and tools across IT cost accounting
Manage ad hoc requests
Extensive experience of IT cost accounting and management of the processes for a large multinational organisation
Ability to interpret Financial Accounting Policies (FAPs) and implement changes where required; ability to interpret IFRSs and relate to contracts.
Ability to determine appropriate accounting treatment for outsource and software contracts (in consultation with onshore management for high value contracts)
Excellent spoken and written English with a neutral accent
Proven ability to communicate with multiple onshore clients
Proven ability to manage output from multiple teams
Ability to understand the big picture and ultimate purpose of role - i.e. correct P&L and Balance Sheet for IT