Finance Manager, Technology Services

About Company

BDO India LLP (or BDO India) is the India member firm of BDO International. BDO India offers advisory, accounting, tax & digital services for both domestic and international organizations across a range of industries. BDO India is led by more than 350+ Partners & Directors with a team of over 10000 professionals operating across 14 cities. We expect to grow sizably in the coming 3-5 years, adding various dimensions to our business and multiplying the increasing the current team size multi-fold.

Job Summary:

The Finance Manager will oversee the financial operations of the software development unit, ensuring efficient financial management and alignment with the company's strategic goals. This role involves budgeting, forecasting, financial analysis, controlling and collaboration with IT leadership to support business objectives.

Key Responsibilities:
• Budget Management: Develop and manage the IT budget, ensuring alignment with organizational priorities.
• Financial Analysis: Analysis of financial statements and MIS to provide insights on IT spending and resource allocation.
• Reporting: Prepare financial reports and presentations for stakeholders to facilitate decision-making.
• Project Costing: Collaborate with IT leaders to assess project costs and financial impacts.
• Compliance: Ensure compliance with financial regulations and company policies.
• Receivables and Revenue Management: Oversee revenue recognition as per billing milestones, contract and engagement letters, and collection thereof as per agreed credit norms.
• Vendor Management: Oversee vendor contracts and manage relationships to optimize costs.
• Performance Monitoring: Track financial performance and implement improvements to enhance efficiency.
• Team Leadership: Build, Lead and mentor the finance team, fostering a collaborative and high-performance culture.

Qualifications:
• Must be a fully qualified Chartered Accountant (CA).
• 6-8 years of experience in financial management, preferably within the IT/ITES sector, in a Software Development Unit.
• Strong quantitative and analytical skills.
• Proficiency in financial management software and advanced Excel skills
• Excellent strategic thinking and problem-solving abilities.
• Strong knowledge of regulatory and compliance requirements
• Ability to synthesize complex data into actionable information
• Effective communication and leadership skills. Adaptive and responsible