What is the job like?

• Understanding of business units, their revenue and cost structures
• Develop, own, analyse and report the Annual Business Plan, financial budgets and periodic forecasts
• Establish and control budget, drive financial discipline in the company, set up financial control processes including monthly/Quarterly Operating Plan, and ensure adherence to budgets
• Manage business development activities according to financial plan to achieve profitability and revenue
• Review the actual results against the budgeted goals to identify and correct accounting issues and variances
• Analyse the trends of Key Performance Indicators (KPI) and helping leadership team in their decision making
• Provide analysis and insight that links financial reports to business strategies
• Leading discussions on improving GM, cost rationalization, engaging with different team to improve GM by better negotiation
• Project planning and monitoring
• Provide financial support and advice to management in closing business deals
• Act as a key decision maker for financial related commitments in business projects
• Modify financial plan and budget amount based on the changes in business plans
• Assist in the preparation of capital budgets for the business units
• Develop profit and loss plan to ensure maximized returns and profit targets
• Manage the profit & loss statements and balance sheet to ensure the financial integrity
• Coordinate with operations, sales, marketing, and customer service teams to supervise and support in business operations effectively
• Inspect and approve all vendor contracts and account expenses of the verticals
• Building partnerships and maintaining strong relationships with all senior management and their teams
• Work closely with the accounting team to ensure accurate financial reporting
• Work towards standardization and documentation of key processes
• Develop and publish Board Review presentations and other management communication

Who should apply for this role?

• B.Tech/ B.E./B.Sc. (Engg.) + MBA with at least 5+ years of relevant experience.
•  Good business acumen
• Lead the annual budgeting process for technology product development, working closely with project managers, department heads, and senior leadership.
• Ability to Collaborate with cross-functional teams to create and manage project budgets, financial forecasts, and performance metrics.
• Understanding on Tech product development lifecycle and various stages of product development Assist CTO office in data driven decision making through financial modeling and scenario analysisAbility to identify financial risks associated with IT product development, develop risk mitigation strategies, and monitor risk factors over time.
• Strong problem-solving skills are essential for addressing financial challenges, optimizing costs, and finding creative solutions to financial issues that may arise during IT product development.
• Ability to calculate return on investment (ROI) for IT projects, enabling assessment of the financial feasibility and benefits of different initiatives.
• Strong analytical and data gathering skills, Attention to detail
• Strong communication skills, both verbal and written
• Ability to thrive in an ambiguous environment and embrace change
• Ability to work under tight deadlines and to prioritize under pressure
• Ability to respond to issues quickly and effectively while responding and adapting to changing work situations and environments
• Ability to build trust and gain support of personnel across the organization
• Advanced systems and computer skills including ERP, BI, Excel & PowerPoint