Financial Analyst

Posted 2 Days Ago
Be an Early Applicant
Chennai, Tamil Nadu
Expert/Leader
Internet of Things • Software • Analytics
The Role
The Financial Analyst is responsible for financial planning, analysis, and reporting for software development projects, ensuring they stay within budget while providing crucial financial insights. The role collaborates with project managers and stakeholders to track expenditures, manage budgets, and produce financial reports that guide decision-making.
Summary Generated by Built In

Description

Financial Analyst is responsible for the financial planning, analysis, and reporting of software development projects. This role involves collaborating with project managers, developers, and other stakeholders to ensure projects are completed within budget and provide financial insights to guide decision-making processes.

Qualifications:

Education:

Bachelor's degree in Engineering, Business Administration, or a related field.

Professional certifications such as CPA, CFA, or PMP are a plus.

Experience:

Minimum of 10-12 years of experience in financial analysis, preferably in the software development or IT industry.

Proven track record of managing budgets and financial planning for projects.

Key Responsibilities:

Develop and maintain detailed project budgets, forecasts, and financial models.

Monitor and analyze project costs and expenses to identify trends, variances, and opportunities for cost savings.

Provide regular financial reports and updates to project managers and senior management.

Assist in the preparation and management of project budgets, ensuring alignment with overall financial goals.

Track project expenditures against the budget, highlighting any areas of concern and proposing corrective actions.

Prepare and present financial reports, including variance analysis, to project stakeholders.

Maintain accurate financial records and documentation for audits and compliance purposes.

Work closely with project managers to understand project scope, timelines, and financial requirements.

Liaise with the finance department to ensure accurate financial reporting and adherence to company policies.

Communicate financial insights and recommendations to project teams and management.

Identify financial risks and develop mitigation strategies to ensure project success.

Conduct financial assessments of project proposals to support decision-making.

Requirements

Strong analytical and problem-solving skills.

Proficiency in financial modeling and use of financial software (e.g., Excel, Oracle).

Excellent communication and interpersonal skills.

Ability to work independently and as part of a team.

Detail-oriented with strong organizational skills.

Experience with agile and other software development methodologies.

Familiarity with project management tools (e.g., Jira, MS Project).

Knowledge of software licensing and intellectual property considerations.

Top Skills

Excel
Oracle
The Company
Chennai
3,000 Employees
On-site Workplace
Year Founded: 1999

What We Do

Driving Digital Transformation

Established in 1999, Bahwan CyberTek (BCT) is a global provider of digital transformation solutions in the areas of Predictive Analytics, Digital Experience and Digital Supply Chain Management, and has delivered solutions in 20 countries across North America, the Middle East, Far East, Africa and Asia. Driving innovation through outcome-based business models, proven and powerful IP solutions, BCT is a trusted partner for over 1000+ customers, including Fortune 500 companies.

With strong capabilities in Digital Technologies, BCT has over 3000 associates with technical and domain expertise, delivering solutions to the Oil & Gas, Telecom, Power, Government, Banking, Retail and SCM / Logistics verticals. With a focus on joint innovation, BCT has partnered with leading global technology organizations such as Oracle, IBM and TIBCO to deliver differentiated value to customers. BCT is recognized at CMMi level 5 and is an ISO certified organization.

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