Revenue & Cost Analyst

Job description

This position plays a pivotal role in the simplification and communication of complex financial information within Schneider Electric and to ensure correct execution of the revenue and cost calculations inside Schneider Digital. This role will complete the analytical activities involved in determining a) user based recharges b) revenue recognition and posting c) separation of costs relating to SFC, MBC & DVC and d) calculation and reconciliation of all global recharges as they relate to ‘Investing' and ‘Run'.

This role will support the Head of Accounting & Compliance through the accurate and timely presentation of Financial information which supports each of the recharge calculations.

To fulfill the requirements of the position below. This role will work closely with the Shared Services teams and other finance team members to ensure that all regular deliverables are met. The incumbent works closely with Shared Services teams to ensure accurate and timely information is provided as well as working closely with the domestic business to ensure that account positions truly reflect the business environment.

Desired profile

Qualifications :

REQUIREMENTS

Education:

· Undergraduate Degree in Accounting or related discipline plus CPA or CA qualified.

Job Related Experience:

· Coaching in remote environment

· Organizing and performing month end close

· Adherence to deadlines.

· Accuracy of reporting.

· Demonstrated Continuous improvement focus.

· Excellent SAP Skills

Business Understanding:

· Excellent understanding of financial reporting principles.

Others (e.g. language skills, technical skills) :

· Advanced Systems skills (MS Office – esp Excel).

· Excellent communication skills.

· Proven organizational skills.

· Demonstrate performance and resolution of problems through achievement and perseverance.

· High level of Financial Accounting skills with a passion to strive for excellence

· Enhance a positive and supportive team attitude

· Effective communication – skilled at finding the best way to ensure the project or issue is understood and being resolved.

· Thrive on working in a cohesive team with roles that can be interchange within the team.

COMPETENCY Level – 1: Novice; 2 – Basic; 3 – Competent; 4 – Advanced; 5 - Expert

(Please refer to the competency profile list under He@rt or People Soft for the core competencies and proficiency level required for the position.)

Leadership Competency

Functional Competency

Cross Functional Competency

L03 Influence and Convince

3

FF01 Controlling

2

C001 Project Management

2

L04 Achieve Results

4

FF02 Cost accounting

3

C002 PC Software Literacy

4

L05 Focus on Customer

4

FF03 General accounting

4

C004 Cross-Cultural

4

L06 Foster Cooperation

3

FF04 Treasury & Financial Asset Management

2

C007 Change Mgt & Implementation Methodology

2

FF05 Tax

3

FF09 Internal Audit

3

FF11 Financial Systems Administration

3

FF12 Consolidation

3



AREAS OF RESPONSIBILITY

(Describe the nature, scope, level of improvements to new ideas, etc.)

LEVEL

*(Full, Partial, Supportive)

MEASUREMENT

(Quantitative or quality criteria to achieve responsibility)

Revenue and Cost

· Ensure the centralization of all activities which relate to the user base cost calculations

· Make sure that calculations and reconciliations of these costs are completed monthly

· Ensure recharge of user based costs are conducted on a quarterly basis

· Monitor and ensure the timely and accurate reporting of any revenue in relation to IoT products are completed on a monthly basis

· Understand and analyze the cost base which contributes to SFC, DVC and MBC type costs

· Conduct monthly analysis to identify these costs and ensure they are reported accurately

· Communicate any variances or trends identified in this area

· Ensure and indepth understanding of the ‘Investing' and ‘Operating' recharge methodology

· Lead the reconciliation process to ensure that settlement and offsetting of local v global costs occurs

· Lead the calculation of the recharge methodology and ensure communication to all parties

· Ensure purchase orders and invoices are issued on a quarterly basis

Full

· Timeliness and accuracy of financial information and reporting

· Age and number of outstanding items in reconciling accounts.

· Feedback from customer and stakeholder

Reporting

· Work with team members (both domestic and shared services) to ensure the timely and accurate presentation of recharge reporting

· Oversee the accuracy of intercompany reporting and declarations to ensure accuracy and reconciliation of positions

· Manage the load and accuracy of chargeback information in the SAS tool

Full

· Accuracy & adherence to group reporting standards.

Team & Customer

· Provide ongoing coaching and feedback to Shared Services teams

· Develop and maintain positive working relationships with Finance Business Partners and other domestic finance team members

· Work with internal team members to identify and implement process improvement opportunities

Full

· Customer and team feedback

· No. of improvement opportunities identified and implemented

Other

· Maintain knowledge of the key IFRS standards and group reporting requirements as they affect Schneider Electric

· Ensure Continuing Professional Education requirements are achieved in order to maintain CA / CPA status

· Ensure completion of all SE internal educational requirements as agreed with managers

· All other tasks as agree by managers

Full

· Achievement of CPE units and credits

· 100% completion of SE training requirements

Health, Safety and the Environment

· Understands and implements company HSE policies.

· Complies with company and customer HSE standards and policies.

· Manages individual priorities and deliverables within the HSE context.

· Actively encourages a safety and environmentally conscious workplace.

· Strives to find new ways of improving the work environment

· Takes a personal interest (or 'actively own') HSE issues and activities within your area of responsibility - lead by example.

Supportive

· Complies with company standards

· HSE company statistics meet targets

*Full : Fully responsible for the results of the work

Partial : Partially responsible for the results of the work

Supportive : Provide support to the person accountable for the results of the work