Process Consultant - Finance & Accounting

Process Consultant - Finance & Accounting

Job Description:

IPA Consulting is looking for experienced domain professionals to join the Intelligent Process Automation (IPA) consulting team as a Finance and Accounting Process Consultant who will have the opportunity to work across industry verticals and deliver business process re-engineering, simplification and automation solutions for key Finance areas like Controllership, Financial Reporting, Tax, Treasury and FP&A.

Experience required

• Bachelor's degree in finance / accounting /commerce or Degree / Diploma in Business Administration with specialization in Finance
• Must have 5 + years of hands-on experience in Finance & Accounting function with exposure to General Accounting, Financial Reporting
• Good understanding and grasp of US GAAP and IFRS principals and standards pertaining to Financial Closing and Reporting for multinational corporations
• Experience in working on processes in functional areas such as Order to Cash (O2C), Procure to Pay (P2P) and Record to Report (R2R)
• Experience of working on Finance Transformation & Improvement initiatives using Lean and Six Sigma tools
• Ability to understand the business process and create process flow diagrams using tools like Figma, Signavio, Visio with swim lanes and BPMN framework
• Experience in using process and task mining tools such as Celonis, UiPath in F&A processes
• Experience in building Finance Target Operating Models, establishing a new process framework, building Finance process taxonomy for any Finance areas
• Ability to work in cross functional environments and effectively collaborate with key project members and stakeholders
• Experience in working on ERP platforms like SAP, Oracle, and Microsoft Dynamics
• Excellent written and verbal communication skills, with the ability to flex messaging for stakeholders at all levels

Roles & Responsibilities:

• Lead and manage Process Discovery workshops with clients in Finance & Accounting areas to develop process baseline and identify opportunities for re-engineering, simplification and automation
• Conduct ideations sessions with Finance SME to analyze process bottlenecks and develop and blueprint for future state process
• Create and develop process documentation such as process flows, process taxonomy, standard operating procedures etc.
• Collect and analyze Process Volumetrics to identify root causes and quantify potential impact of process automation/ transformation
• Build process transformation and recommendations that are aligned with business CFO goals and are focused on delivering key business objectives like cost savings, process efficiency, compliance etc.
• Conduct industry benchmark analysis and recommend best practices for specific Finance areas
• Collaborate with technical teams to conduct feasibility analysis of proposed automation solutions
• Support on practice development work in the areas of Finance & Accounts

Travel: Ability to travel up to 25%

Cognizant will only consider applicants for this position who are legally authorized to work in the United States without requiring company sponsorship now or at any time in the future.