Task: Consolidate Service Engagement Financials
By creating the consolidated financial view of the Service Engagement, the Engagement Manager will be able to analyze differences between forecast and actuals for the period as well as analyze the Service Engagement's total financial progress against budgets and Sales Bookings.
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Outputs
    Main Description

    On a regular basis, the Engagement Manager will produce a consolidated view of all Service Engagements revenues and costs, reflecting the latest financial position accurately and completely.

    Summing up the actuals spent in all categories and the estimates to complete (ETC or forecast), the Engagement Manager will re-calculate the total cost and revenue for all forecast periods and compare it with the previous forecast and with the budget. Any significant variances should be identified, analyzed, and appropriate actions taken where necessary.

    If any of these variances become problematical, it is the responsibility of the Engagement Manager to raise formal issues or change requests, informing the Delivery Manager, and possibly escalating to Capgemini or Client management.

    The Engagement Manager should always keep in mind that the Capgemini accounting system forms the definitive record of the financial performance of a Service Engagement, therefore the Engagement Manager must ensure the accounting system is accurate. Any issues in the reconciliation must be documented and addressed.


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