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Monocept
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Monocept - Senior Manager - Finance (5-8 yrs)
Monocept
posted 14hr ago
Flexible timing
Key skills for the job
Role: Senior Manager Finance
Job Summary :
We are seeking a dynamic and strategic Sr. Manager - Finance to lead our financial operations in Hyderabad. This role requires a seasoned professional who can drive financial performance, oversee project-level financial trends, and implement strategic initiatives to optimize profitability and efficiency across the organization.
- Project and Portfolio Financial Oversight
- Monitor financial performance across all service portfolios.
- Analyze revenue patterns and identify cost overruns and revenue loss.
- Guide pricing strategies through client profitability analysis.
- Operational Efficiency and Resource Planning
- Collaborate with HR and project managers to address open positions and leaves.
- Develop strategies to improve project performance.
- Align financial resources with shifting project demands.
- Update billing rates following employee promotions.
- Receivables and Cost Structure Management
- Optimize Sales Days Outstanding (DSO) to improve cash flow.
- Develop cost management strategies to improve margins.
- Financial Dashboards and Data-Driven Insights
- Create financial dashboards for real-time performance insights.
- Leverage analytics to support strategic decision-making.
Required Qualifications:
- Bachelor's degree in finance, Accounting, or related field. MBA from IIM in Finance preferred.
- 5-8 years of experience in finance, ideally within an IT consulting or services firm.
- Deep understanding of manpower cost structures, project-based accounting, and financial management in an IT services environment.
- Proven experience in budgeting, financial planning, cost control, and risk management.
Desired Skills and Attributes:
- Strong knowledge of GAAP, IFRS, and other relevant accounting standards.
- Expertise in manpower cost management within a project-driven environment.
- Excellent leadership, communication, and negotiation skills.
- Strong analytical mindset with the ability to interpret financial data to inform decision-making.
- Hands-on experience with ERP and financial software systems (e.g., SAP, Oracle, Microsoft Dynamics)
Functional Areas: Other
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