Business Finance Manager

Job code :
  • Full Time
  • Posted 13 days ago

JOB Position: Business Finance Manager

Location: Bangalore, IN

Opportunity: Full Time

Vmoksha Technologies Pvt. Ltd. is an IT Services Company headquartered in Bangalore, India. Since its inception in May 2001, Vmoksha has emerged as a key player in the global software development and IT services space. Vmoksha is into varieties of engineering projects and custom software development in Web, Mobile, cloud, and Internet of Things. Vmoksha is also building competencies in the emerging technologies like Augmented Reality, Big Data, and Machine Learning.

Position Summary

The Business Financial Manager (BFM) serves as the analytical resource to support management & senior executives in understanding and managing the profitability of the business.

What are we looking for?

  • Maintaining MIS for all phases and reporting project progress to the client/senior management and meeting deadlines without compromising on quality norms
  • Formulating Annual operating & strategic plans and managing overall operations for executing projects within cost & time norms
  • Carrying out data analysis and processing activities involving analyzing, studying and summarizing data for extracting useful information which would assist in strategic decision making and Financial planning
  • Partner with the Business Units and track the performance individuals & project wise on measurable grounds and highlight the deviations to take timely measures
  • Revenue & receivables management ensuring no revenue leakages. Revenue assurance and collection of the BU, Project Profitability
  • Presenting a true & fair view of the position of the company by preparing financial statements viz., P&L Account, Balance Sheet, and Annual Reports
  • Advanced analytics on customer behaviour that can help drive the business as well as develop models to justify business actions (e.g. Contract Pricing for Consulting, Outsourcing Engagements & other project deals)
  • Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans
  • Develop trends and projections for the firm’s sales and profitability
  • Conduct reviews and evaluations for cost-reduction opportunities

Key Responsibilities:

  • Project reviews/financial oversight, time and expense oversight, invoice reviews, revenue/cost recognition, project reserve tracking and communication from the forecast
  • Active participation in the planning and budgeting exercise and ensure appropriate targets are assigned in line with the growth strategy of the company and in line with the management guidance and projections
  • Generating Finance MIS reporting for the management, Monthly Financial Flash reports, Monthly Closing of Books
  • Contract Pricing for Consulting, Outsourcing Engagements running into good dollar value deals
  • Driving Profitability improvement plans through Cost savings, investment rationing and strong focus on capital productivity and strategic cost management initiatives without sacrificing growth
  • Managing P/L, Cash flow & Balance Sheet growth and optimization
  • Forecasting and Budgeting: Ensured highest level of accuracy in preparation, closely tracking actual and variances and be a partner in management decision-making process
  • Variance Analysis, Cost and Revenue Analysis on Plan Vs Actual, Forecast Vs Actual, Expense Management

Experience and Qualifications

  • At least 5 years of job-related experience or equivalent
  • Bachelor’s Degree in Accounting/Finance/Economics
  • Must have strong analytical (quantitative as well as qualitative) skills including building models, prior data mining and online market research
  • Self-starter with the ability to streamline functions and passion to learn and grow
  • Proficiency with Microsoft Excel is required
  • Must possess excellent communication and presentation skills, and be comfortable interacting with executive-level management
  • Strong financial modelling experience

If you believe that you would perfectly fit for this job, apply below or drop your resume now at vcareers@vmokshagroup.com

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About Tejaswi

Sree Tejaswi is a passionate blogger, who loves reading books and enjoys traveling around the world. She adores writing fun and informative articles on technology as well as health updates.