Cognizant Technology's Corporate FP&A is seeking a Senior Manager to support senior FP&A leadership. In this role, you will provide analysis of business results benchmarked against budget and prior year during monthly and quarterly closes. You will manage and consolidate the monthly revenue forecasts and assist with the facilitation of the annual budget process and ad hoc analyses as necessary.
The Senior Manager, FP&A will be highly collaborative working across functions (e.g., FP&A, Controller, Operations, Treasury, Tax) and deft at working up and down management hierarchy (e.g., from Analyst to COO) to articulate business driver variances for monthly deliverables. You will help manage the budget process (e.g., time lines, templates, consolidations and communications).
The role will be supported with an offshore team, however, you will need to be comfortable accessing financial data from Cognizant databases independently for ad hoc requests requiring rapid responses. You will also become comfortable as a reviewer and not just a consolidator of results, and as such, will gain expertise in our data structure and systems.
Monthly/quarterly deliverables typically include:
CFO Deck: A PowerPoint deck summary of YTD actual results with commentary explaining changes in business results along with full year P&L forecast updates. The deck is a product of multiple inputs including business review conference calls and business results packages using templates developed and maintained by Corp FP&A.
Revenue Forecast: Consolidate monthly revenue updates by the Operations teams, and provide summary commentary on changes since the last cycle.
10-Q MD&A Support: Summarize quarterly global business revenues and profitability, accompanied with commentary on factors impacting both. In addition, summaries of expense drivers between sequential quarters, year-over-year quarters and YTD vs prior YTD are provided to the External Reporting team.
Quarter-End External Reporting Support: Provide the financial summaries and variance commentary for a) Segment Profitability for the 10-Q MD&A commentary, b) material changes in COGS and SG&A costs across relevant periods and c) FX impact across periods and Earnings Guidance views.
Monthly Preparation of CFO Deck: Coordinate production and contribute analyses towards the monthly Corporate FP&A deck review with the CFO. The process will entail managing input among peers, and conducting monthly business performance reviews with leadership to produce a superior PowerPoint output.
Monthly Revenue Forecast Consolidation: Manage the monthly submissions by Operations teams in the revenue forecasting system to produce a global summary.
The summary report will be supplemented with analyses including FX impact, variances vs. prior forecasts and comparisons to other forecast methodologies employed by the Finance team. Process management will include acting as liaison with the Technical Support team for implementation of changing business requirements.
Budget Process Planning Support: Support team leadership during the budget cycle as necessary, particularly with communications, planning system milestones/reporting, and ad hoc analyses.
Ad-Hoc Analyses: Access and extract data from financial databases in support of ad hoc queries from senior management. A team will support this role in most cases, but you will be an analytical and independent contributor.
Mentor/Coach Direct Reports: Help train and evolve current staff skill sets.
Cognizant Technology Solutions