Lead - PMO Finance & Vendor Spend Governance

Description:

- Track: Individual Contributor

- Location: India (Hyderabad preferred)

- Employment Type: Contract (612 months, extendable/convertible)

Role Summary:

The PMO Finance & Vendor Spend Governance Lead is a senior role responsible for financial governance, spend discipline, vendor spend integrity, and audit readiness across PSG IT programs (CapEx & OpEx). The role ensures that project and portfolio financials are accurate, controlled, compliant, and decision-ready, while enabling clear visibility into vendor spend and risks.

Key Responsibilities:

1. Project & Program Financial Governance

- Own and maintain project and program financial baselines, forecasts, and cost-to-complete.

- Ensure alignment with approved ARs/CARs and AOP allocations.

- Support PMs/Portfolio Leads on multi-year forecasting and financial planning.

- Conduct monthly budget vs actuals reconciliation and variance analysis.

- Ensure data consistency across Planview, SAP/ERP, and ARIBA.

- Identify and escalate budget overruns, funding gaps, and forecast erosion.

2. CapEx / OpEx Controls & Audit Readiness

- Enforce accurate CapEx vs OpEx classification per corporate policy.

- Validate classification during AR/CAR setup and throughout execution.

- Maintain complete, audit-ready financial documentation for all PMO-managed initiatives.

- Support internal and external audits related to project financials.

3. Portfolio Financial Reporting & Leadership Support

- Ensure portfolio dashboards and reports are:

i. Reconciled to systems of record

ii. Reflective of accurate budget/actual/forecast data

iii. Governance-ready for leadership reviews

- Validate inputs for PMO Reporting and Analytics teams.

- Review and sign off financial packs for MBRs, QBRs, AOP reviews, and portfolio reviews.

- Provide narrative insights on financial trends, risks, and drivers.

4. Vendor Spend Governance

- Ensure vendor spend is supported by approved contracts and POs.

- Track spend under contract, PO coverage, and burn vs plan.

- Identify off-contract spend and coordinate remediation.

- Validate invoices against POs, contracts, and delivered services.

- Resolve discrepancies with PMs, AP, and vendors.

Role Ownership:

This role is the single point of accountability within the PMO for:

- Financial governance (budget, forecast, variance).

- CapEx/OpEx discipline and compliance.

- Vendor spend discipline and integrity.

- Financial dashboards, reporting accuracy, and early-warning risk escalation.