Sr Financial Associate

Overview

The Senior Financial Analyst serves as a key finance business partner to Business Unit Controllers and Associate Directors of Finance, providing financial leadership, analytical support, and operational insights across assigned business units, projects, and contracts.

What you'll do

• Record and validate monthly revenue for Fee-for-Service, Fixed Price, and Unit-based contracts.
• Manage complex projects and contracts, ensuring compliance with revenue recognition policies.
• Prepare monthly project-level actual versus budget and forecast variance analyses.
• Generate and distribute monthly financial performance reports and dashboards.
• Coordinate monthly forecasting cycles, including backlog and revenue projections.
• Meet established deadlines for revenue and backlog submissions.
• Prepare project closeout reconciliations and resolve financial discrepancies.
• Monitor project financial performance, including revenue, gross profit, receivables, unbilled balances, and project profitability.
• Load and maintain project budgets, resource plans, key member lists, and project data within financial systems.
• Support financial setup of newly awarded projects and ensure accurate project initialization.
• Review project-level financial activity and investigate unusual trends, variances, or anomalies.
• Analyze project profitability and provide recommendations for performance improvement.
• Review executed and proposed contracts, work orders, change orders, letter agreements, and amendments.
• Support approval processes for pending change orders and contract modifications.
• Assess financial implications of contractual changes and ensure proper revenue treatment.
• Maintain accurate backlog reporting and forecasting for assigned business units.
• Prepare and analyze annual budgets, financial forecasts, cost and expense projections, utilization metrics, headcount planning, resource requirements, revenue backlog analyses, and gross profit and margin reports.
• Support monthly business reviews with Business Unit Controllers and operational leaders.
• Deliver actionable insights on business growth trends, profitability, productivity, and operational performance.
• Develop ad hoc financial analyses and management reports as required.
• Provide guidance and mentoring to Financial Analysts.

What you'll need

• Bachelor's degree in finance, Accounting, Commerce, Economics, Business Administration, or a related discipline.
• 3–7 years of progressive experience in Financial Planning & Analysis (FP&A), project finance, commercial finance, business finance, or contract accounting.
• Experience with revenue recognition, forecasting, budgeting, contract review, and profitability analysis.
• Strong knowledge of financial accounting and revenue recognition principles.
• Advanced Microsoft Excel skills (Power Query, Pivot Tables).
• Experience with ERP systems such as Oracle, Workday, or similar platforms.
• Knowledge of financial reporting, budgeting, forecasting, and variance analysis.

Nice to have

• MBA or equivalent professional qualification.
• Experience supporting project-based businesses, CROs, professional services, healthcare, consulting, technology, or similar industries.

Details

• Location: Gurugram, India.