What are the responsibilities and job description for the Process Consultant - Finance & Accounting position at Cognizant Technology Solutions?
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.
Cognizant is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.
