Senior Manager - Finance & Accounts (3309) na CulverMax Entertainment Pvt Ltd
CulverMax Entertainment Pvt Ltd · Mumbai, Índia · Onsite
- Senior
- Escritório em Mumbai
Career Opportunities: Senior Manager - Finance & Accounts (3309)Requisition ID 3309 - Posted - Finance & Accounts and Revenue Management (0015) - 1003
Job Title: Senior Manager – Finance & Accounts
Purpose: Reporting to the Head – Accounts Payable Management and Controls, this role is responsible for leading the team managing P2P & R2R processes in the Finance function, and assisting with the following:
- Assisting the Department Head in overall management of the function, including:
- Design, implementation and monitoring a strong control framework
- Assessing, monitoring and improving process efficiencies including through automation projects
- Adopting best practices
- Creating and maintaining SOP’s, accounting policies and checklists
- Develop and publish spend analysis
- Specific responsibilities include accounting, reporting and assistance in budgeting and forecasting of:
- Content costs by all channels of the network
- Marketing activities undertaken by all channels
- Capex, Technical cost for OTT platform
- GST reconciliations & other GST compliances
- Monitoring of accounting for Studio Next projects
- Build strong relationships with Business teams and other stakeholders to drive the Finance agenda while balancing and appreciating the business requirements
Education: Chartered Accountant
Experience: 10-12 years
Location: Mumbai
Reporting Relationship: Head – Accounts Payable Management and Controls
Business/Channel/Function: Finance and Accounts
AREAS OF RESPONSIBILITY
#
AREA
KEY ACTIVITIES
KEY METRICS
1.
Accounting, Budgeting & Forecasting
- Support preparation of annual & quarterly forecasts for content amort, production depreciation, Studio Next costs
- Reconciliation of actuals to forecasts & budgets monthly for P&L
- Prepare monthly, quarterly & annual Cashflow
- Support preparation of monthly, quarterly & annual forecasts for content, marketing, depreciation, Studio Next costs & revenues
- Accounting for content, production costs, depreciation, Studio Next costs
- Review forecast of funds prepared by team members basis inputs. Track actual cashflow against forecasts as per desired timelines
- Provide monthly flash projections for Content and Production costs.
- Accuracy
- Timeliness
2.
AP profile
- Post entries parked by team members in respect of Programming, Capex, Films, Sports, Digital, Music after due validations.
- Approve payments processed by the team members & coordinate with Banks in case of issues, especially for international payments.
- Review vendor ageing & reconciliations
- Sports: Monitor agreements, cost statements, etc.; Ensure timely payment of license fees and receipt of relevant tax related documents.
- Accounting accuracy
- Adherence to internal TAT
3.
Capex
- Proper classification of expenses into Opex & Capex,
- Accounting of all capex acquisitions project tracking, monitoring CWIP, asset numbering review, annual physical verification.
- Impairment testing and analysis
- Accounting accuracy
- Adherence to internal TAT
4.
Studio Next
- Review the projects & prepare the management report for revenues, costs & margin
- Review Cost to completion
- Review of the auditor reports during shoot
- Escalate over runs
- Review the daily cost sheets to ensure accurate reporting
- Accurate reporting & monitoring
5
Monthly Closing
- Review accounting of all content plan, amortization, programming costs and depreciation.
- Review of accruals for monthly closing for Marketing, Technical costs
- Preparation and review of Balance sheet for AUC, Inventory, Accruals, Advances etc.
- Accounting accuracy
6
Auditing
- Handle Internal audit, SOX, Corporate, IFC audit queries
- Tracking & implementation of the actionable emanating from the audit reports
- Error free and quality audit reports
7.
GST
- Ensure that all compliances from GST perspective are done for AP.
- Monthly GST reconciliation & monitoring
- Accurate reporting & compliances
8.
Implementation of various IT projects
- Understanding of the As Is Process & the To Be
- Involvement in the Blueprinting of the projects
- Coordinate for integration across various impacted systems
- Scenario building
- Testing
- Overseeing migration activities
- Go Live related activities
- Handling activities in the interim in case of deferred go live of various projects
- Continuous reviews & implementation of improvements
- Timely transition
- Adherence to process requirement
9.
Data analytics
- Spend data analytics for improved business MIS
- Data analytics for continuous control monitoring
- Trend analysis
- Effectiveness of reports
10.
Process improvement
- Constant review of processes to improve efficiency, controls & support Business
- Review and update the SOP’s, accounting policies and checklist
- Review and strengthen the control framework
- Efficiency achieved
11.
Managing team performance
- Track team performance at an overall and individual level and provide support/ guidance wherever required to ensure achievement of yearly plans
- Manage effective resource allocation across different teams, enhance the capability quotient of team members and drive higher team engagement through appropriate HR interventions
- Team engagement score
12.
Cross functional role
- Coordinating with the various teams in the organization
- Resolution of queries
- Involvement in cross functional projects
- Interface with Business and other stakeholders to drive the Finance agenda while balancing and appreciating the business requirements
- Business feedback
Position Interlinkages: Internal
- Channel Business Heads ; Channel Programming and Marketing Heads
- Commercial
- Post-Production
- IT, Digital
- Studio Next team
- Admin
- Legal
Position Interlinkages: External
- Production Houses
- Marketing Agencies
- Tax Consultants
- Auditors
- Banks
- Implementation partners for various projects
Critical Competencies:
- Behavioural
• Orientation for detail
• Effective stakeholder management
• Process & control orientation
• Team player
• Excellent communication skills
• Willingness to learn
• Innovative & out of box thinking
• Multitasking, efficient planning and time management
• Ability to balance business requirements while retaining Finance controls
Technical Competencies
• Knowledge of accounting standards
• Knowledge of relevant income tax and GST provisions
• Excellent knowledge of SAP system & Excel
• Knowledge about best practices around P2P process
• Ability to assess and improvise on the control environment
Why join us?
CulverMax Entertainment Pvt Ltd (Formerly known as Sony Pictures Networks India) is home to some of India’s leading entertainment channels such as SET, SAB, MAX, PAL, PIX, Sony BBC Earth, Yay!, Sony Marathi, Sony SIX, Sony TEN, SONY TEN1, SONY Ten2, SONY TEN3, SONY TEN4, to name a few!
Our foray into the OTT space with one of the most promising streaming platforms, Sony LIV brings us one step closer to being a progressive digitally led content powerhouse.
Our independent production venture- Studio Next has already made its mark with original content and IPs for TV and Digital Media.
But our quest to Go Beyond doesn’t end there. Neither does our search to find people who can take us there.
We focus on creating an inclusive and equitable workplace where we celebrate diversity with our Bring Your Own Self Philosophy. We strive to remain an ‘Employer of Choice’ and have been recognized as:
- India’s Best Companies to Work For 2021 by the Great Place to Work® Institute.
- 100 Best Companies for Women in India by AVTAR & Seramount for 6 years in a row - UN Women Empowerment Principles Award 2022 for Gender Responsive Marketplace and Community Engagement & Partnership
- ET Human Capital Awards 2023 for Excellence in HR Business Partnership & Team Building Engagement
- ET Future Skills Awards 2022 for Best Learning Culture in an Organization and Best D&I Learning Initiative.
The biggest award of course is the thrill our employees feel when they can Tell Stories Beyond the Ordinary!
[Not translated in selected language]
Job Title: Senior Manager – Finance & Accounts
Purpose: Reporting to the Head – Accounts Payable Management and Controls, this role is responsible for leading the team managing P2P & R2R processes in the Finance function, and assisting with the following:
- Assisting the Department Head in overall management of the function, including:
- Design, implementation and monitoring a strong control framework
- Assessing, monitoring and improving process efficiencies including through automation projects
- Adopting best practices
- Creating and maintaining SOP’s, accounting policies and checklists
- Develop and publish spend analysis
- Specific responsibilities include accounting, reporting and assistance in budgeting and forecasting of:
- Content costs by all channels of the network
- Marketing activities undertaken by all channels
- Capex, Technical cost for OTT platform
- GST reconciliations & other GST compliances
- Monitoring of accounting for Studio Next projects
- Build strong relationships with Business teams and other stakeholders to drive the Finance agenda while balancing and appreciating the business requirements
Education: Chartered Accountant
Experience: 10-12 years
Location: Mumbai
Reporting Relationship: Head – Accounts Payable Management and Controls
Business/Channel/Function: Finance and Accounts
AREAS OF RESPONSIBILITY | |||
# | AREA | KEY ACTIVITIES | KEY METRICS |
1. | Accounting, Budgeting & Forecasting |
|
|
2. | AP profile |
|
|
3. | Capex |
|
|
4. | Studio Next |
|
|
5 | Monthly Closing |
|
|
6 | Auditing |
|
|
7. | GST |
|
|
8. | Implementation of various IT projects |
|
|
9. | Data analytics |
|
|
10. | Process improvement |
|
|
11. | Managing team performance |
|
|
12. | Cross functional role |
|
|
Position Interlinkages: Internal
- Channel Business Heads ; Channel Programming and Marketing Heads
- Commercial
- Post-Production
- IT, Digital
- Studio Next team
- Admin
- Legal
Position Interlinkages: External
- Production Houses
- Marketing Agencies
- Tax Consultants
- Auditors
- Banks
- Implementation partners for various projects
Critical Competencies:
- Behavioural
• Orientation for detail
• Effective stakeholder management
• Process & control orientation
• Team player
• Excellent communication skills
• Willingness to learn
• Innovative & out of box thinking
• Multitasking, efficient planning and time management
• Ability to balance business requirements while retaining Finance controls
Technical Competencies
• Knowledge of accounting standards
• Knowledge of relevant income tax and GST provisions
• Excellent knowledge of SAP system & Excel
• Knowledge about best practices around P2P process
• Ability to assess and improvise on the control environment
Why join us?
CulverMax Entertainment Pvt Ltd (Formerly known as Sony Pictures Networks India) is home to some of India’s leading entertainment channels such as SET, SAB, MAX, PAL, PIX, Sony BBC Earth, Yay!, Sony Marathi, Sony SIX, Sony TEN, SONY TEN1, SONY Ten2, SONY TEN3, SONY TEN4, to name a few!
Our foray into the OTT space with one of the most promising streaming platforms, Sony LIV brings us one step closer to being a progressive digitally led content powerhouse.
Our independent production venture- Studio Next has already made its mark with original content and IPs for TV and Digital Media.
But our quest to Go Beyond doesn’t end there. Neither does our search to find people who can take us there.
We focus on creating an inclusive and equitable workplace where we celebrate diversity with our Bring Your Own Self Philosophy. We strive to remain an ‘Employer of Choice’ and have been recognized as:
- India’s Best Companies to Work For 2021 by the Great Place to Work® Institute.
- 100 Best Companies for Women in India by AVTAR & Seramount for 6 years in a row - UN Women Empowerment Principles Award 2022 for Gender Responsive Marketplace and Community Engagement & Partnership
- ET Human Capital Awards 2023 for Excellence in HR Business Partnership & Team Building Engagement
- ET Future Skills Awards 2022 for Best Learning Culture in an Organization and Best D&I Learning Initiative.
The biggest award of course is the thrill our employees feel when they can Tell Stories Beyond the Ordinary!
Job Title: Senior Manager – Finance & Accounts
Purpose: Reporting to the Head – Accounts Payable Management and Controls, this role is responsible for leading the team managing P2P & R2R processes in the Finance function, and assisting with the following:
- Assisting the Department Head in overall management of the function, including:
- Design, implementation and monitoring a strong control framework
- Assessing, monitoring and improving process efficiencies including through automation projects
- Adopting best practices
- Creating and maintaining SOP’s, accounting policies and checklists
- Develop and publish spend analysis
- Specific responsibilities include accounting, reporting and assistance in budgeting and forecasting of:
- Content costs by all channels of the network
- Marketing activities undertaken by all channels
- Capex, Technical cost for OTT platform
- GST reconciliations & other GST compliances
- Monitoring of accounting for Studio Next projects
- Build strong relationships with Business tea Candidatar-se agora
