Finance Pricing Job in Wipro Limited at Other
- Wipro
- 5 to 9 Yrs
- Other Karnataka
- 1 year ago
- Email to a friend
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Job Description
- Job Description Role Purpose Do 1. Contract pricing review and advise a. Pricing strategy i. Provide inputs to the development of pricing strategy for Wipro ii. Educate and drive adherence of the pricing strategy in various SBUs to maintain a competitive advantage of Wipro b. Review and advise on contract commercials i. Work closely with pre-sales and BU leadership to review the contracts about to be finalized ii. Review the Resources Loading Sheet (RLS)) submitted by pre-sales / delivery team and work on the contract pricing iii. Highlight any anomalies observed in the RLS to the team and work with them to take corrective action. iv. Propose a competitive pricing basis the effort estimate by considering the cost of resources, skills availability and identified premium skills c. Review Contract commercial terms and conditions i. Review the commercial terms and conditions proposed in the SoW 2. Ensure accurate revenue recognition and provide forecast a. Implement and drive adherence to revenue recognition guidelines i. Ensure revenue recognition by the BFMs are done as per the IFRS standards ii. Partner with BFMs and educate them on revenue recognition standards and internal guidelines of Wipro b. Provide accurate and timely forecast of revenue 3. Validation of order booking a. Adherence to order booking guidelines i. Act as a point of check and ensure all documents, approvals and guidelines are adhered before the order is confirmed in the books of accounts ii. Highlight any deviations to the internal guidelines / standards and work with the concerned teams to address the deviations 4. Team Management a. Team Management i. Clearly define the expectations for the team ii. Assign goals for the team, conduct timely performance reviews and provide constructive feedback to own direct reports iii. Guide the team members in acquiring relevant knowledge and develop their professional competence iv. Educate and build awareness in the team in Wipro guidelines on revenue recognition, pricing strategy, contract terms and MSA v. Ensure that the Performance Nxt is followed for the entire team b. Employee Satisfaction and Engagement i. Lead and drive engagement initiatives for the team ii. Track team satisfaction scores and identify initiatives to build engagement within the team Deliver No. Performance Parameter Measure 1. Financials Pricing strategy coming up with newer and innovative methods of pricing Monetizing Wipros efforts and value additions Comprehensiveness of pricing recommendations Accurate inputs in forecasting of revenue as per revenue recognition guidelines 2. Internal Customer Completeness of contracts checklist before order booking 3. Team Management Team attrition %, Employee satisfaction score, localization %, gender diversity % Training and skill building of team on pricing operations ,
Employement Category:
Employement Type: Full timeIndustry: IT Services & ConsultingRole Category: Not SpecifiedFunctional Area: Not SpecifiedRole/Responsibilies: Finance Pricing Job in Wipro Limited at OtherContact Details:
Company: WiproLocation(s): Other Karnataka+ View Contact
Keyskills: Pricing strategy Revenue recognition Forecasting Team Management Employee Satisfaction
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