Internal Client Services - Finance - Project Services Accountant
- Full-time
- Service Line: Internal Client Services
Company Description
About Deloitte
Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the “Deloitte organization”) serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 312,000 people make an impact that matters at www.deloitte.com.
About the Division
It takes a high-powered network of internal support professionals to keep Deloitte going strong. The internal services function provides a wide variety of support services to our organisation and people.
Rewarding career opportunities are available in:
· Human resources
· Information technology
· Marketing and Communications
· Financial support services, and much more.
As with all the functions in Deloitte, a core set of competencies is associated with each internal service area. An overall understanding of value-added client service, the experience to work in multifunctional and cross-border teams, strong business acumen, and the instinct to think and act globally are essential for advancement within Internal Client Services.
Job Description
What impact will you make?
Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Deloitte is where you’ll find unrivalled opportunities to succeed and realize your full potential.
Main Purpose of Job
Effectively delivers Project Services (PS) administration services to the business (as per dedicated Service Line) for engagements that are complex or large in nature.
Ensure that PS processes are run correctly.
Govern the changes made to resources or other project data.
Differentiators for this specific role
Project Services Accountants will be responsible for the end-to-end management of projects including, but not limited to:
Assists the Project Director/ Project Manager throughout the QRM process
Assists Business in collating the required information (such as the project plan, billing schedule and resourcing) to open a project code
Verifies accuracy and completeness of information required to open project codes
Enforces compliance of governance requirements in the way that codes are opened
Communicates code governance requirements to business as and where needed
Escalates non-compliance to direct report
Ensures that the correct contract type is selected in order for the correct revenue recognition methodology to be followed
Oversees the code opening integration of Phoenix to SAP S/4HANA , and loads any additional information required by SAP
Ensures timeous and accurate opening and closing of engagement codes (by self or Business if applicable)
Manages time recording and expenses claims in relation to the pre-loaded project plan
Manages billing based on the project plan and instruction from Business
Submit zero rated/ exempt VAT invoices to the Regional Tax Hub for tax compliance checks
Tracks unapproved expenses
Tracks missing time sheets and unapproved overtime
Reviews forecast revenue based on project plan, in line with firm policy
Effect any required adjustments, based on instruction from Business, to the monthly forecast to ensure accurate revenue recognition
Initiates credit notes on request from Business and submits to the Business Partner for review
Ensures profit/loss impact of projects after project completion are reviewed and recognised correctly
Assists Business with timeous project code closure
Manages project code closure, with no activity, via a monthly ‘clean-up’ analysis
Manages replacement of Project Owners (Manager, Billing Partner, Proxy, project leaders or AR Party) on SAP
Resolves queries relating to project services data or process
Provides assistance and system training to project leaders on SAP activities relating to WIP and revenue reviews, rebates, provisions and revenue recognition reconciliations
Manages Project Services close over month-end
Performs first-level revenue analysis and combined with cost analysis from the General Accounting Senior Accountant, provides feedback to the Country/ Regional/ Service Line Business Partner/s on the results
Manages Project Services Accountants and Administrators
Governance:
Communicates and updates the Project Services Specialist on Country/ Regional Project Services movements
Attends Africa-wide: Project Services team meetings and training
Complies with standardised processes and controls
Key Performance Areas:
Strategic Impact
Supports leadership in the delivery of services to clients in line with the defined strategic objectives:
→ Provides support to management in the implementation of change initiatives
→ Works with team to complete work by set deadlines advising manager of any issues prior to deadlines
Develops relationships with peer group at client to understand their business
Raises effective solutions to address issues in area of expertise that may enhance / renew service offerings to client
Client Impact: External / Internal
Independently delivers quality work within area of expertise, within deadlines
Provides client/s with sound professional advice and support on issues arising within area of expertise without reference to superior
Applies solutions to technical issues that arise within area of expertise, with minimal input from management
Proactively researches latest thought leadership within area of expertise and share with team as input to improved delivery to clients
- Communicates regularly with both line manager and client to meet deliverable expectations in specific area of expertise
Operational Effectiveness
Proactively identifies technical problems that arise that may affect delivery and propose resolutions to address these
Independently delivers on designated tasks within area of expertise
Provides line manager with detailed reporting on status of deliverables on a regular basis
Manages risk in area of engagement in alignment with Deloitte policies and processes
- Reviews own work prior to submission to ensure quality and provide guidance to junior team members on quality standards
Development/Growth of Team
Shares expertise and knowledge with team members
Actively works to address development areas identified
Coaches / mentors junior team members of the team
- May act as counsellor to junior staff within Finance
Budgets / Profitability
Effective use of time, equipment and resources
Key Competencies required / Talent Standards Capabilities:
Leadership Capabilities
Living our Purpose - Identifies and embraces our purpose and values and puts these into practice in their professional life
Influence - Builds relationships and communicates effectively in order to positively influence peers and other stakeholders
Performance drive - Seeks opportunities to challenge self; teams with others across businesses and borders to deliver and takes accountability for own and team results
Strategic direction - Understands objectives for clients and Deloitte, aligns own work to objectives and sets personal priorities
Talent development - Develops self by actively seeking opportunities for growth, shares knowledge and experiences with others, and acts as a strong brand ambassador
Technical Competencies
Technical expert in specific functional area
Demonstrated capability in interaction at all levels, briefing, analysis and project management skills
Experience in drafting and delivering presentations
Good report writing skills
- Sound financial knowledge and understanding
Behavioural Competencies
Excellent communication skills, both written and verbal
Good interpersonal and relationship building skills
Mentorship and coaching ability with desire to develop self and others
Strong client delivery focus
Adaptable, managing change and ambiguity with ease
Focus on quality and risk
Problem solving ability
Good business acumen
Qualifications
Qualifications & Experience
Required
Degree (Finance / Accounting)
4 years in finance
Preferred
Postgraduate qualification in Finance / Accounting
5 years in finance
Additional Information
*Please note that this job advertisement provides a summary of the capabilities required and all candidates shortlisted will receive a full list of capabilities.