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.
The Cognizant community:
We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive.
- Cognizant is a global community with more than 300,000 associates around the world.
- We don’t just dream of a better way – we make it happen.
- We take care of our people, clients, company, communities and climate by doing what’s right.
- We foster an innovative environment where you can build the career path that’s right for you.
About us:
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant (a member of the NASDAQ-100 and one of Forbes World’s Best Employers 2024) is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com
Our commitment to diversity and inclusion:
Cognizant is an equal opportunity employer that embraces diversity, champions equity and values inclusion. We are dedicated to nurturing a community where everyone feels heard, accepted and welcome. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws.
Disclaimer:
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.