Services Specialist - Engagement Financial Advisor - Hyderabad

Job description

**Summary** **Position Summary** **National Office – Services Associate, Engagement Financial Advisor (EFA)** **Engagement Financial Advisors:** Deloitte's Engagement Financial Advisor team is comprised of professionals specializing in project and account operations serving as a focal point for aspects of engagement, program, and account management control. Engagement Financial Advisors provide engagement management knowledge for the entire project management team(s) by assisting with initiating and controlling organization and logistical aspects of projects. Their greatest value, however, is in the understanding and application of engagement business and financial processes, both to individual projects and to client accounts. **Work you’ll do** As an Analyst, Engagement Financial Advisor (EFA), you will assist project leadership in managing revenue and margins by emphasizing cost of delivery that affects overall engagement profitability. In addition, you will: - Maintain compliance with clients’ policies, perform internal financial analysis including budgeting, forecasting, and cost variance analysis, and help manage projects’ billing and receivables process. - Monitor project performance and determine improvement areas by developing key performance indicators and frequently communicate with the project team, finance department, and other project stakeholders to keep projects on track and within the scope of cost. - Team and collaborate with other EFAs across the practice, including our practitioners in USA. As a Consultant, Engagement Financial Advisor (EFA), you will be responsible for supporting one or more engagement teams through successful management of the financial analysis and reconciliation processes and the implementation of engagement management controls. In addition, in this role you will: - Be responsible for supporting one or more project/engagement teams through successful management of the financial analysis and reconciliation process and the implementation of project management control - Prepare budgets and forecasts to project and track financial metrics such as revenue, expense, etc. - Interact periodically with senior level internal, and sometimes external, clients to present various analyses, discuss recommendations and provide project financial advice - Track expenditures and perform the client bill and receivable collection functions - Perform and manage project management office (PMO) functional tasks and perform day-to-day contract management activities - Understand and utilize standard processes for project management, quality management, and risk management - Contribute to the growth and development of the overall EFA team through active involvement in one or more practice initiatives **Job location** –Hyderabad (4 days WFO- for first six of months of joining; following 7th month 2-3 days in office) **Standard Office timing** – 2PM to 11PM **The Team** Our Engagement Financial Advisor team, part of Deloitte Services LLP, helps clients define what they need and how it can be delivered. We work with clients to define their projects’ scope in as much detail as possible using advanced financial, budgeting, and forecasting techniques. We provide realistic cost estimates that account for projects’ phases and activities, people, materials, hardware, and software and produce the best- and worst-case estimates using leading-edge project and client management software to keep clients’ projects on track and on cost. **Qualifications** **Required:** - 4 - 7 years of experience - B.A. / B.S. majoring in Accounting, Finance, Economics, or Business Management - Proficiency with the entire Microsoft Office Suite, including intermediate to advanced Excel and PowerPoint skills - Solid understanding of fundamental accounting and finance principles - Strong oral and written communication skills, including excellent presentation skills - Ability to work effectively, both independently and as a member of a team - Attention to detail and ability to handle multiple tasks in a fast-paced environment - Ability to "think outside the box" while identifying problems and developing creative solutions **Preferred:** - Experience working in a financial analysis role - Experience with MS Access and MS Project applications - Post Graduate degree Lifestyle/Travel Guidelines: - Engagement Financial Advisors work at a minimum of 45 hours per week, and can often work in excess of that depending on need. - At Deloitte, we have adopted a Hybrid Working Model. We expect that the majority of our professionals will reside within a commutable distance of their assigned office location in order to leverage the office facilities for project meetings, coaching and training sessions, collaboration or working from the office, when necessary. - All candidates must be willing and able to travel as needed for their clients, however, depending on staffing needs, most positions are in-office-based with limited travel required. **How You’ll Grow** At Deloitte, our professional development plan focuses on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there’s always room to learn. We offer opportunities to help sharpen skills, work with industry-leading talent on a daily basis, in addition to hands-on experience in the global, fast-changing business world. From on-the-job learning experiences to formal development programs at Deloitte University, our professionals have a variety of opportunities to continue to grow throughout their career, while delivering products and services to Fortune 500 clients. Explore Deloitte University, The Leadership Center. **Deloitte’s culture** Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering t