FP&A analyst (Financial Planning & Analysis):

Position: FP&A analyst

Experience: 3-5 Years

Qualification: CA / CMA / MBA (Finance) or B.Com+M.Com with relevant experience

Industry Preference: IT Services / Technology Consulting / Software Services

We are seeking a highly analytical and detail-oriented FP&A Executive to support financial planning, forecasting, business performance analysis, and decision-making across delivery units and business lines.

The ideal candidate will have strong financial acumen, experience in IT services financials, and the ability to partner with business leaders to drive profitability and growth.

Key Responsibilities:

Financial Planning, Budgeting & Forecasting:

- Support annual budgeting and periodic forecasting cycles.

- Collaborate with business unit leaders and delivery teams to gather planning inputs.

- Monitor and update forecasts based on business changes, hiring plans, attrition, pipeline movement, and pricing assumptions.

Financial Analysis & Management Reporting:

- Prepare monthly MIS and business performance reports.

- Analyze revenue performance against budgets and forecasts.

- Conduct variance analysis across revenue, margins, employee costs, subcontracting costs, and operating expenses.

- Identify key profitability drivers and provide actionable insights to leadership.

Revenue & Project Financial Management:

- Track project-level financial metrics and performance.

- Monitor billing, revenue recognition, utilization, and effort variances.

- Support revenue recognition in compliance with applicable accounting standards (Ind AS, IFRS, or US GAAP).

Cost Optimization & Resource Analysis:

- Analyze utilization trends, bench costs, onsite-offshore resource mix, and attrition impact.

- Support initiatives focused on cost efficiency and margin improvement.

Business Partnering:

- Partner with delivery managers, practice heads, and business leaders.

- Provide financial insights to support pricing decisions, profitability improvement, and strategic planning.

Deal Support & Commercial Analysis:

- Assist in evaluating new business opportunities and RFPs.

- Develop business cases and assess deal profitability.

- Review pricing models, margin feasibility, and cost assumptions.

Reporting Automation & Dashboarding:

- Develop and maintain dashboards using Excel, Power BI, and Tableau.

- Drive automation of recurring reports and financial analysis processes.

Compliance & Controls:

- Ensure adherence to internal financial controls and audit requirements.

- Support internal and external audit processes.

Required Skills & Competencies:

Technical Skills:

- Advanced Microsoft Excel (Pivot Tables, Lookup Functions, Macros preferred)

- Financial Modeling and Variance Analysis

- ERP exposure (SAP, Oracle, or similar systems)

- Power BI and/or Tableau

Business Knowledge:

Strong understanding of IT Services business models:

i. Time & Material (T&M)

ii. Fixed Price

iii. Managed Services

- Understanding of utilization, realization, revenue, and margin drivers

Behavioral Competencies:

- Strong analytical and problem-solving skills

- Excellent stakeholder management abilities

- Effective communication and presentation skills.

- High attention to detail and accuracy.

Why Join Us?:

- Opportunity to work with a rapidly growing global technology organization.

- Exposure to strategic finance and business partnering.

- Collaborative and high-performance work environment.

- Significant opportunities for professional growth and career advancement