The Role:

• Supervise financial shaping and structuring for large, complex Outsourcing and Consulting arrangements
• Manage the Corporate Transaction Analysis (CTA) to support the pricing approach to the client value proposition, while ensuring the company’s economic interests are protected
• Control the flow of CTS activities and reviews on multiple proposals

Responsibilities include:

Ø Create financial framework and structure for the deal

Ø Assume a lead role in representing the CTA at client team meetings and executive briefings.

Ø Review and structure client proposal estimates and costing schedules

Ø Review and QA the CTA prepared by the CTS specialists.

Ø Executive review of all new opportunities.

Ø Independently and accurately assess prospective business to demonstrate impact of business on the economics of the Operating and Capability Groups.

Ø Confirm and control modifications to the CTA through-out the Business Development Process, and ensure compliance with deal parameters.

Ø Develop deep CTS skills in the CTS specialists assigned to support specific new opportunities.

Key Responsibilities

• Manage the parallel development of Client Business Case, the Company Business Case (including CTA) and work closely with Client’s Finance Team to reinforce the client value proposition and make sure we understand the way the client will evaluate the business proposition.  Includes applying best practice in version control and management of audit trails
• Prepare costing analysis to ensure consistency with deal shape
• Research and analyze relevant cost drivers and fixed and variable cost profiles in an IT service environment
• Perform analytical reviews of client budget analysis and identify missing information
• Prepare schedules of open issues and proposed action plan to address shortfalls in readiness for the company’s deal approval (e.g. Client Capital Committee, New Business Meeting)
• Work with deal teams to use the costing information above in conjunction with knowledge of the deal shape to prepare analysis of appropriate pricing algorithms
• Assist deal teams with 360-degree analysis of above to understand risks and opportunities for client, for the  company and other stakeholders; analyze financial impact of potential outcomes
• Ensure primary research is conducted by the appropriate GAAP expert (US, IAS and local) to get clear understanding of risks and opportunities of deal shape when overlaid by each stake holder’s regulatory environment
• Coordinate with legal and tax support to assure Client and the company tax efficiency and legality
• Clearly present the above financial context using CTS tools to influence outcomes of deal shaping and client negotiations in a positive way with the avoidance of conflict and antagonism
• Prepare draft Client Capital Requests, using financial deal shaping skills and CTS tools
• Escalate deals with poor financial metrics and work with teams for those deals to improve the quality of the financial attributes before moving forward
• Analyze financial impact of target solution in terms of debt, equity and working capital
• Identify alternatives and prioritize in terms of what is best for the company.
• Due diligence – execute appropriate investigations into target deal finances, accounting, legal considerations and human resources in instances of a TUPE transfer or coordinate with Due Diligence Directors
• Business plan – prepare financial schedules and analysis in support of business plans or other written documents that can be used in raising finance from 3rd parties/approval from company Capital Committee/Corporate Development Investment Committee
• Demonstrate commitment to thought leadership and continuous learning by regularly contributing to CTS knowledge capital
• Conduct primary research into topics recommended by the leadership team and disseminated through the CTS Knowledge Network, on the job coaching formal and informal meetings
• Involve substantial number of communication nodes on each deal, involving the Market Unit Finance team, the Market Unit Management Team, the Client team, the Client Partner group, CFM, TAX, L&C, the Client Finance team, the Client, the Market Maker, the CQMA Partner, CTS leadership
• Participate in the creation of budgets for profit and loss, balance sheet, and cash flow.  Accuracy of these estimates, as depicted in CTA is critical to the long term profitability of the firm
• Manage financial data into useful information that can be used by the company executives to articulate the financial attributes of new deal opportunities that drive incremental value for the company and its Clients.
• Understand the use of financial tools and related analytical concepts to drive appropriate investment, operating, and financing decision.
• Assist in the preparation of ad hoc financial presentations of business cases (internal and external), CTS Memoranda, Accounting Treatment memorandums and Client Capital Requests.
• Create financial framework and structure for deals.
• Assume a lead role in representing the CTA at team meetings and executive briefings.
• Review and structure estimating and costing schedules, CTA prepared by the CTS specialists and analysts.
• Executive review of all new opportunities including: Review client budgets, Review profitability of proposed operational environment, Approve direct costing schedules, Identify other financial opportunities, Generate creative solutions for the client engagement team, Direct development of pricing methodologies, Partner with the client financial executives during proposal/due diligence, Ensure revenue recognition is US GAAP compliant
• Independently and accurately assess prospective business to demonstrate impact of business on the economics of the Operating and Capability Groups.
• Confirm and control modifications to the CTA throughout the Business Development Process, and ensure compliance with deal parameters.

Context

The Technology Lab of our client in Bangalore is focused on driving innovations. in the following areas:

- Technology & process innovation for geographically distributed teams
- Collaboration technologies and processes
- Software development and testing
- Automated quality management for software development
- Data quality management and data services
- Testing theory and practice for software and systems
- Large scale workforce management
- Distributed software systems
- Service oriented architectures

The Researcher Role at Bangalore, India,

Creative, energetic people to define, lead, and collaborate on early stage research and mid-stage prototype development projects in the areas outlined above. The research is focused on the following streams:

· Requirements Gathering and engineering.

· Software/Systems design and coding.

· Testing

· Measurements and metrics in the software development lifecycle.

Research and Development (R&D) provides strategic asset development and program support of Foundation and Core offerings and other Capabilities/Specialties based on business priority. R&D facilitates the interoperability and integration of our asset base across multiple dimensions, including Service Group, Industry, and Growth platform, ultimately maximizing leverage of reusable and proprietary assets. R&D experts are key to spotlighting and accelerating critical asset dissemination as well as to identifying practice enablement needs.

Job Summary:

The Research & Development (R&D) Content Manager acts as a global content expert in the development and enablement of key offerings and assets and is responsible and accountable for the availability and quality of knowledge assets in repositories. The scope of this job typically includes: leading and/or participating in projects to plan, develop, manage, disseminate and maintain key offerings and assets; understanding knowledge gaps and identifying best content that can be used to ensure the availability and take-up of knowledge assets required to effectively sell and deliver offerings and assets; and, serving as a content expert to help develop training and enable professionals to build needed skills and knowledge.

In addition, the R&D Content Manager guides the development of tools, such as diagnostics, methods, toolkits, data repositories, job aids, and topic pages, to ensure that practice professionals can access the best examples of strategically important knowledge and offerings/assets quickly and easily. The R&D Content Manager also develops requirements and identifies tasks for one or more content integrators, related to content acquisition and maintenance activities. The R&D Content Manager performs these responsibilities for a specific content area or areas in which he/she has deep expertise.

This role is for an R&D Content Manager for Enterprise Analytics (Global Markets). Enterprise Analytics builds on our experience with transformational Enterprise Performance Management programs for clients with a view to creating “next practice” capability with re-usable asset based solutions offered as a Managed Service.

Key Responsibilities:

• Work with Offering Group Leadership, R&D Content Lead and Subject Matter Experts to set strategy, priorities and goals for assigned content area (s) / key offering(s) in alignment with business objectives and the High Performance Business agenda. The strategy will leverage knowledge and learning enablers (e.g., methodologies, point of views, white papers, case studies, sales and delivery tools, emerging technologies, training courses) and will also include the approach for development of other required interventions (e.g., research studies) that help build the required capacity of knowledge.
• Develop and/or manage the creation and commercialization of new knowledge capital and tools, including methodologies, point of views, white papers, case studies, articles for publication, functional content for education/learning initiatives, and collaboration tools; includes managing experts and organizations supporting development (e.g., GTIN – our India-based Consulting team, our India-based Shared Services group. includes managing Intellectual Property requirements as well as managing each project against related initiative budget and timeline.
• Provide project guidance and consultation on best offerings/assets to shape and deliver client solutions.
• Manage and execute plan for assigned content area(s) to create, capture and package corresponding knowledge capital, strategic assets and learning enablers; includes working with content integrators to package and post materials to knowledge repositories.
• Evaluate and mine internal/external sources of knowledge for key content areas and emerging trends (e.g., discussion forums, collaboration sites, journals, market research, analyst reports, conference proceedings).
• Plan, manage and synthesize external research (working with the research team - secondary researchers) to keep abreast of relevant developments and emerging areas in the market place. Integrate internal research initiatives into assets and offerings.
• Identify and manage relationships with internal and external experts relevant to assigned content area(s). Establish and manage expert network and collaboration tools for assigned content area(s) to monitor innovations, thought leadership and new content on a global basis.
• Support setup and launch of Communities of Practice and provide advice for ongoing Community of Practice activities to enable collaboration and encourage innovation.
• Serve as a content expert to help develop, customize and source content for learning and capability development programs.
• Evaluate and review content of courses and other learning assets for training curriculum relevant to assigned content area(s).
• Provide education and build awareness for practitioners on content area offerings, assets and tools.

· Oversee the design and creation of home pages around assigned content area(s) to facilitate access to relevant internal and external knowledge capital.

• Support the fiscal year initiative planning and budgeting process for offerings.
• Support select proposal work and other ad hoc help requests, as appropriate.

• SSC Transition and Stabilization
  Period

Tasks:

• Assist in the smooth transition
  as compensation processes are transitioned from the global teams to
  the SSC
• Work with the SSC Delivery
  Manager to ensure all resources are selected, coached, trained and
  integrated
  in the GSCO center
• Work with delivery lead to
  establish a collaborative relationship with BA and facilitate the
  Manila
  and BA transition
• Participate in job shadowing
  and job training activities

Responsibility:

• Operations Management

Tasks:

• Ensure the overall quality
  of direct team deliverables
• Assist the SSC Delivery Manager
  in ensuring that SLAs and Key Performance Indicators (KPI) are met
• Identify gaps and opportunities
  and discuss with SSC Delivery Manager
• Develop a proactive and
  collaborative
  relationship with GSCO BA and DCN CIO teams

Responsibility:

• Customer (Global/Country/GU)
  Relationships Management & Satisfaction

Tasks:

• Assist the SSC Delivery Manager
  in creating and managing a strong relationship with the customer
• Assist the SSC Delivery Manager
  with the monthly KPIs report production and results as well as
  associated
  action plan
• Participate in collecting
  and analyzing customers’ feedback and participate in defining
  appropriate
  measures to consistently improve satisfaction

Responsibility:

• Process and Procedure Improvement

Tasks:

• Maximize the effectiveness
  of the compensation process and procedures and implement systematic
  measures that ensure compliance with standards
• Proactively assist in creating
  standard internal procedures to improve the quality of services
  provided
  to the customer
• Assist in defining, coordinating,
  and communicating relevant process/procedure changes with GSCO BA
  and
  DCN CIO
• Create ongoing training program
  and curriculum

Responsibility:

• Financial Management

Tasks:

• Assist the SSC Delivery Manager
  in managing the annual GSCO compensation resource budget

Responsibility:

• Team Leadership

Tasks:

• Provide leadership and coaching,
  and identify development opportunities for direct reports and SSC
  team
  members
• Manage direct team workload
  and engagement
• Delegate and prioritize team
  workload appropriately
• Manage and review the team’s
  day to day deliverables production
• Communicate, lead, and inspire
  collaboration in order to meet objectives
• Continuously provide feedback
  on job performance and ensure the implementation of annual
  individual
  training plans

Responsibility:

• Networking

Tasks:

• Maintain contact with other HR SSC to assist with continuous improvement
• Remain current on changes
  to the global compensation practices and design, rules and
  regulations

Responsibility:

• Process Responsibilities

Tasks:

• Manage and perform tasks related
  to the overall Rewards Strategy, MI, Annual Compensation Planning,
  Local
  Compensation Planning, Reporting & Analytics, and Comp Admin
  processes
• Assist the SSC Delivery Manager
  in ensuring the overall quality of customer deliverables
• Market Intelligence (MI):
  • Perform and manage the overall
    survey participation process including job matching guidelines
    review, data submission to the vendors, and market data
    procurement
  • Assist the SSC Delivery Manager
    in identifying suitable existing rewards benchmarking studies to
    participate
    in and identifying opportunities to launch or
    commission
    surveys/studies
  • Perform and Manage ongoing
    MI tasks
• Annual Compensation Planning:
  • Perform and manage complex
    tasks within the annual compensation planning process and assist
    the
    Global Rewards Planning team in completing ad-hoc requests
  • Manage ongoing annual compensation planning tasks
• Local Compensation Planning:
  • Manage local compensation
    planning processes for UK and I
  • Work with the SSC Delivery
    Manager and Global team to determine new GU candidates for Local
    Compensation
    Planning support
• Reporting and Analytics
  requests coming from global compensation team including Global
  Reward
  Strategy requests:
  • Perform and manage TRPC, REWARD,
    ACAT, and SAP complex reporting and analytics
  • Perform and manage ad hoc
    reporting tied to special projects
• Compensation Administration:
  • Perform and manage tasks related
    to the requirements gathering, data validation, and testing
  • Assist the SSC Delivery Manager
    in managing the production support process following the Wave 3
    go-live.
    

If your parents are senior citizens, then the coverage can be up to Rs 20,000/, and an overall coverage of Rs 35,000/- including your cover.

Source : http://www.livemint.com/2010/01/22120313/Did-You-Know-Look-after-paren.html

Freshers just out of under-graduate and graduate courses now have a comprehensive listing of career advancement options available here in short time. Come back for more in a while.

All the talk about saral tax filing and simplification of taxation processes goes out of the window. There is an absolute commerce thriving in coming to terms with such whimsical turn-around by the government authorities. The report can be viewed in the link below.

tax-on-perquisites-et-191209

Its a great read.

In reality one would wonder if FBT really pinched the companies very hard, and did allow the employees to get better benefits. And if the withdrawal of the FBT, if this will actually help companies reduce much tax burden and help employees carry larger pay packet.

Well atleast on one count, the employees will benefit on exercising the stock options now that it will not be covered under FBT.