Rolls-Royce
Designs and manufactures power and propulsion systems for aerospace, marine, defence and energy sectors.
Senior Financial Analyst
Manage service revenue recognition, SAP reporting, and financial analysis for Rolls‑Royce GBS India.
Job Highlights
About the Role
An exciting opportunity for Finance Lead • Revenue Recognition has arisen to influence and shape the future of the Rolls‑Royce GBS business in India. The role involves working with business and external stakeholders to support the delivery of key programme milestones, enabling smooth business delivery to customers. This is an individual contributor role to deliver Credit Control services according to process specifications and SOPs, complying with defined controls. The position includes coordination of all processes and activities related to period closings and the timely delivery of reports and insights to the Business. You will report to the Finance Manager and closely cooperate with the business finance teams in a matrix structure. • Review revenue contracts and perform revenue recognition per IFRS 15 and Group Guidelines. • Advise Business Units on service job revenue recognition and costing. • Maintain internal orders for service jobs in SAP and follow up on outstanding or partially completed jobs. • Calculate man‑hour provisions, work‑in‑progress, and perform results analysis and settlements in SAP during month‑end closing. • Prepare and analyze monthly service sales margins, reporting profitability issues and recommendations to Business Units. • Prepare balance‑sheet schedules for month‑end reporting. • Process invoices, credit notes, and debit notes from vendors and resolve discrepancies. • Review spare parts revenue and cost adjustments related to Integrated Logistics Support (ILS) and Retail Inventory Management (RIM). • Investigate abnormal inventory transactions and advise on remediation. • Follow up on aged items, GRIR clearings, and perform settlements for RIM internal orders. • Post month‑end entries accurately and timely. • Review and update inventory schedules, conduct inventory count valuation, and verify standard costs of materials. • Develop and implement new count procedures per Group guidelines and statutory audit requirements; coordinate monthly cycle counts and annual stock counts. • Execute core discharges in the Core Management System (TCMS) and reconcile SAP core balances with TCMS and intercompany balances.
Key Responsibilities
- ▸revenue recognition
- ▸sap management
- ▸month-end
- ▸margin reporting
- ▸inventory control
- ▸core reconciliation
What You Bring
As part of the selection process, candidates in certain locations may be asked to complete an online assessment that can include cognitive and behavioural aptitude testing, with full instructions provided if required. • Qualified accountant (CA/CMA/CPA/ACCA or equivalent) with at least 8 years of relevant accounting experience. • Strong knowledge of IFRS 15 and related accounting standards. • Proven stakeholder management skills. • Proficiency in Microsoft Office and SAP ECC.
Requirements
- ▸qualified accountant
- ▸ifrs15
- ▸stakeholder management
- ▸microsoft office
- ▸sap ecc
- ▸8+ years
Benefits
We offer excellent development opportunities and a competitive salary, along with exceptional benefits. Hybrid working allows you to balance time between the office, home, or another remote location, with an expectation to attend the workplace on average three days per week for collaboration.
Work Environment
Hybrid