2. After the end of this program:
Participants will be able to use F&A Concepts, learnt during
academics, effectively in ERP based Accounting environment
Gain clarity on job profile/description in an MNC/F&A outsourcing
company/Indian corporate
Candidates would be better prepared for an interview and on-job performance
Candidates would be more productive for a rapid growth by learning key F&A
and MS-Excel skills
Candidates would be oriented on work culture and how to have right attitude
at work
3. On macro level, India has become the major destination for KPO
services
Corporate spent is huge on recruitment & training
Hit ratio at times is as low as 3 out of 100 resumes scanned
After recruitment there is expectations mis-match for freshers with
regards to job profile
Industry-Academic gap is steep and students are not able to relate
their existing knowledge to the job profile
ERP accounting is not familiar to students of finance and accounts in
the way businesses execute & record transactions
4. Benefits to Participants
Increased chances of getting a job in an MNC/Indian corporate/KPO
Once in the job, would know exactly what to expect from his job
thereby reducing discontentment
Gain knowledge of ERP and Modern Day Accounting
Opportunity of Interview with the best brands in the industry
Benefits to Corporates
Get a candidate who is job ready
Reduce cost of recruitment
Save time on recruitment
Reduce on-the-job training costs
5. Post Training
Assessment
•Online Assessment of
Program
Candidates
•Overview of Accounting in •Certification by
ERP Scenario Takshila
Pre Training Assessment
•Record to Report •Arrange interviews with
• Basic English
•Procure to Pay (AP Process) F&A outsourcing
Knowledge
•Order to Cash (AR Process) Company
•Knowledge of Basic
Accounting •Excel for Accountants
•Capsule course on English
•Office etiquettes &
interview essentials
6. Day 1 - Overview of ERP based Modern Day Accounting (6 Hours)
Finance & Accounts Refresher (Basic Accounting including golden rules,
Journal Entries, Assumptions, principles etc)
Journey of Accounting from Single Entry Book keeping to ERP based
Accounting
ERP Overview and Accounting in ERP Scenarios
Rationale of Segregating F&A into AP, AR and RTR functions
F&A Outsourcing business overview
7. Day 2 - Accounts Payable & Accounts Receivables Process Overview (8 Hours)
A. Procure to Pay Session: (3 Hours)
Basic Concepts and Terminologies
Procurement & Vendor Analysis
Vendor Master Data Records
Invoice Processing
Payment Processing
Other AP Processes
8. Day 2 - Accounts Payable & Accounts Receivables Process Overview (8 Hours)
B. Operations Management in F&A Outsourcing Processes (2 Hours)
Quality Framework – Sample Size, Errors, Reporting and Quality Score
calculation
Process Improvements in various tools for process automation
Documentations – SIPOC, Standard Operating Procedure document, Process
Manual, Process Maps
Productivity Reports – Importance and significance
9. Day 2 - Accounts Payable & Accounts Receivables Process Overview (8 Hours)
C. Order To Cash Session: (3 Hours)
Basic Concepts and Terminologies
Order Management & Customer Analysis
Customer Master Data Records
Invoice Generation – Billing Function
Cash Applications
Collections including dispute management
Other AR Processes
10. Day 3 A - Record To Report (4 Hours)
Basic Concepts and Terminologies
Chart of Accounts – meaning & relevance
General Ledgers – Daily & Month end deliverables
Journal Entries – Standard, Recurring, Provisions and Reserves
Fixed Asset Accounting
Reconciliations – Bank, Vendor, Customer, Sub-system, stock etc
Closing and Reporting overview
FP&A overview
11. Day 3 B - Excel for Accountants (4 Hours)
Basic Excel functions including formatting & filter
Text to Column function
Pivots
V-look & H-lookup
IF-THEN-ELSE function
Concatenate
Case Study – High Volume Reconciliation
12. Day 4 a - Capsule course on English (3 Hours)
English Grammar
Commercial correspondence
Spoken English
Day 4 b - Interview Essentials (3 Hours)
Interview basics
Preparation for the interview
Body language - non-verbal
Interview Mannerism
Do’s and Don’t’s
13. Day 4 c - Office etiquettes (3 Hours)
Social & Communication skills at work place - Verbal & Non-verbal
Presentation skills
Managing and participating in meetings – group dynamics
Business reports & Memo writing
Cross-cultural skills
Teaming skills
Attitude at work – telephones handling, email writing, general behavior
14. Day 5 (Optional) - Real Life Scenario Handling
Mock Interviews
Mock presentations
Mock meetings
Write and demonstrate the communication skills