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MERC Assurance – Finance Operations – Senior Associate

Job Description

Job Description & Summary A career in Finance, within Internal Firm Services, will provide you with the opportunity to help PwC in all aspects of our Finance internal function including financial planning and reporting, data analysis, and assisting leadership with overall strategy. You'll focus on recording and analysing financial transactions, paying and receiving invoices, maintaining financial statement ledger accounts, and preparing analysis and reconciliations of bills to detect fraud.
To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.
As a Senior Associate, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:

  • Use feedback and reflection to develop self awareness, personal strengths and address development areas.
  • Delegate to others to provide stretch opportunities, coaching them to deliver results.
  • Demonstrate critical thinking and the ability to bring order to unstructured problems.
  • Use a broad range of tools and techniques to extract insights from current industry or sector trends.
  • Review your work and that of others for quality, accuracy and relevance.
  • Know how and when to use tools available for a given situation and can explain the reasons for this choice.
  • Seek and embrace opportunities which give exposure to different situations, environments and perspectives.
  • Use straightforward communication, in a structured way, when influencing and connecting with others.
  • Able to read situations and modify behavior to build quality relationships.
  • Uphold the firm's code of ethics and business conduct.

Champion Role

  • Assurance iPower Champion – Key role in supporting the CAA and Ops staff from around the region with use, troubleshooting and practical issues with iPower. Provide ad hoc training as required.
  • Assurance VAT & Billing Champion – UAE & KSA billing champion with respect to VAT compliance and protocols.
  • Salesforce & Opportunity Champion for Assurance.
  • Coordination of Assurance Guarantees between the business and Treasury team, including status updates and being the main PoC for all enquiries.

Assurance Reporting

  • Daily results updates for Stakeholder tracking.
  • Net Investment Analysis – Gross WIP, Aged WIP, Aged debts, Top 10 and Terminated staff reports ensuring timely closures of codes and highlighting areas of concern.
  • Monthly debtor chasing for those receivables due to hit provision.
  • Conducting monthly Net Investment meetings with BU contacts in order to keep abreast with the latest developments.
  • Monthly review of credit notes and provisions in preparation for the annual external audit review.
  • NIC Process (at least quarterly co-ordination of NIC process, follow up with ELs to get confirmation, actioning responses, etc).
  • Job Codes Review – 1% and unusual recovery rates.
  • Job Codes Review of internal billable / non-chargeable codes.
  • Monthly review of Partner expenses and travel costs.
  • Monthly VAT compliance review.
  • Supporting VAT implementation for the rest of the GCC (Key LoS Co-ordinator for the VAT Project team),
  • Following up on Aged ITBs and ensuring timely clearing of invoices.
  • iPower staff expenses compliance review (based on input from SSC) and action to drive better compliance with policy,
  • Input to the Budgeting process for Direct Costs
  • Tackling adhoc requests i.e. revenue / NI / expense related,
  • Handling Mid-Month and Month-end Rollover.

Education (if blank, degree and/or field of study not specified)Degrees/Field of Study required:Degrees/Field of Study preferred:
Certifications (if blank, certifications not specified)
Required Skills
Optional Skills
Desired Languages (If blank, desired languages not specified)
Travel Requirements0%
Available for Work Visa SponsorshipNo
Government Clearance RequiredYes

Job Details

Employment Types:

Full time

Industry:

Banking / Accounting / Financial Services

Function:

Banking

Roles:

Other Banking

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