Job Description

Financial Analyst

:

Finance - RTR

Role: Analyst, Fixed Assets Accounting / Revenue Accounting / General Accounting

Background Information

Micro Focus is a United Kingdom-based global software company, with revenues of ~$4B in 2018. The Group is the seventh largest software company in the world, the largest technology company listed on the FTSE and the largest UK technology company listed on the New York Stock Exchange.

With ~18,000 employees and footprint in 50 countries, Micro Focus is engaged in delivering and supporting software solutions, enabling customers to utilize new technology solutions while maximizing the value of their investments in information technology (IT) infrastructure and business applications. It helps organizations gain incremental and sustainable returns on investments they have already made and to preserve and protect their data and business logic.

The Portfolio with ~300 products spans the following areas:

DevOps | IT Operations| Cloud | Security | Info Governance | Big Data, Machine Learning, & Analytics

The underlying premise behind Micro Focus' business strategy is that the Company should consistently and over the long-term deliver shareholder returns of at least 15% to 20% per annum. To deliver this objective, the Company has adopted an operational and financial strategy underpinned by consistent and effective management and reward systems. Since IPO in 2005 until 30 April 2017, the annual compound shareholder return over 12 years has been 29.3%.

Responsibilities and Scope Impact / Scope

• Support service delivery of Record to Report (RTR) processes, ensuring timeliness, accuracy and quality of work / reports
• Assist in training and mentoring of team
• Support coordination with other functions (including leadership) as well as Global Process Owners within a Shared Service Center (SSC)

Responsibilities

• Responsible for key Record to Record (RTR) process activities in the Captive SSC (accounting for various processes including Fixed Assets / Deferred Revenue / Intercompany / Professional Services / Contra / Accounts Payable / Accounts Receivable / Bank / Treasury / Payroll / Pension / Direct Tax / VAT, etc.), and ensuring timeliness, accuracy and quality of work / reports in the following areas:

• Support service delivery and operations of RTR transactional services in a SSC for regions such as EMEA, APJ, AMS
• Own and execute accounting for various processes including Fixed Assets / Deferred Revenue / Intercompany / Contra / Professional Services / Accounts Payable / Accounts Receivable / Bank / Treasury / Payroll / Pension / Direct Tax / VAT, etc. in a SSC (as per accounting policies and corporate-wide accounting processes)
• Post manual journal entries for complex accruals / provisions and provide justification for Quality Assurance process
• Review and support preparation of monthly / quarterly balance sheet reviews and account reconciliations
• Report and track high risk / critical items in a timely manner
• Coordinate the audit process (Internal Audits, SOX Audit, Local Statutory Audit, External (Process & Systems): coordination of documentation support and providing necessary explanations
• Prepare monthly reports as assigned, and highlight / rectify any identified anomalies (including all reporting requirements accurately and within specified timelines)
• Perform analysis of transactional accounting information to support decision making
• Typically, the first escalation point of contact for customer issues related to RTR
• Support the development / changes in systems, transactions and processes (including process documentation) and support new projects / transitions
• Ensure all reporting activities are executed timely, accurately and with the required quality and ensure compliance to SOX
• Assist in development of standard SSC finance documents and reports
• Proactively identify opportunities for improvements and make recommendations
• Protect organization's value by keeping information confidential
• Other RTR activities as assigned from time to time
• Assist in training and mentoring of team

Required Skills and Experience Education and Experience

• Accounting qualifications will be an added advantage (CA, CPA, ACCA)

• 2-6 years' experience
• Non-qualified accountants with relevant matching experience may also please apply

• 6-10 years' experience
• Direct relevant experience of working in a Captive SSC / Business Process Outsourcing Organizations will be desired (in addition to years of experience / qualification)

Knowledge and Skills

Essential:

• Strong domain knowledge in RTR processes
• Strong knowledge of accounting principles and International Financial Reporting Standards (IFRS) / US Generally Accepted Accounting Principles (USGAAP) Accounting
• Strong experience of finance & accounting systems (SAP, Netsuite, Blackline etc.)
• Experience of managing senior onshore customers through daily / hourly interactions
• Flexibility to support different time-zones and geographies
• Fluency in English language (verbal and written)

Other:

• Strong business acumen and analytical skills (MIS reporting)
• Strong problem solving skills
• Excel, PowerPoint knowledge with aptitude to extract information from existing business systems
• Excellent prioritisation skills
• High level of attention to detail
• Ability to work on own initiative and under pressure to make key decisions
• Excellent time management and multi-tasking abilities, with an ability to meet multiple deadlines
• Highly organised and motivated team player

Our Offer:

• A challenging, varied and exciting job within a global operating company
• An opportunity to attain high level of exposure to Finance processes such as Record to Report, Procure to Pay, Tax Operations etc. across geographies
• An international corporate culture, which is shaped by performance-orientation, openness and teamwork
• An appealing career development program, which offers varied potential for development
• A diverse and inclusive workplace, promoting individuality and equal opportunities

Job: Finance

Micro Focus is proud to be an Equal Opportunity Employer. Prospective employees will receive consideration without discrimination because of race, colour, religion, creed, gender, national origin, age, disability, marital or veteran status, sexual orientation, genetic information, citizenship or any other legally protected status