Monocept - Senior Manager - Finance

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)