Project Finance Analyst

Project Finance Analyst – Consulting Services (India)

Role Overview

We are seeking a highly analytical and detail-oriented Project Finance Analyst to support financial governance across our consulting engagements.

This role will focus on project costing, margin tracking, forecasting support, and financial reporting. You will work closely with Project Managers, Delivery Leadership, Operations, and Corporate Finance to ensure financial visibility, cost discipline, and accuracy in project reporting.

This is an execution-focused role with strong growth potential into a senior Project Controller position.

Key Responsibilities

1. Project Budget & Cost Tracking

• Maintain detailed project budgets in standardized templates
  
• Track actual costs vs approved budgets
  
• Monitor labor cost allocation (India/US teams)
  
• Validate timesheet data and billable effort
  
• Ensure correct mapping of subcontractor and expense costs
  

2. Margin & Utilization Monitoring

• Track:
  
• Gross margin %
  
• Contribution margin
  
• Billable utilization
  
• Realization rates
  
• Identify budget variances and flag to leadership
  
• Support burn-rate tracking and financial health indicators
  

3. Revenue & Forecasting Support

• Support revenue forecasting (monthly/quarterly)
  
• Assist with percentage-of-completion tracking
  
• Maintain backlog and pipeline financial trackers
  
• Update rolling financial projections
  

4. Reporting & Dashboarding

• Prepare standardized monthly project financial dashboards
  
• Provide variance analysis (Actual vs Budget vs Forecast)
  
• Maintain centralized project financial repository
  
• Ensure reporting accuracy and timeliness
  

5. Process Discipline & Governance

• Ensure financial templates are followed across all projects
  
• Track recurring financial reporting tasks
  
• Improve data accuracy in financial tracking systems
  
• Support continuous improvement in project costing processes
  

Required Qualifications

• 3–5 years experience in:
  
• Project finance
  
• FP&A
  
• Financial analysis in IT services / consulting preferred
  
• Strong Excel skills (advanced formulas, pivot tables, financial modeling)
  
• Strong numerical accuracy and attention to detail
  
• Basic understanding of consulting metrics (utilization, margins)
  
• Ability to work independently with structured guidance
  

Preferred Qualifications

• Experience in IT consulting / SAP services organization
  
• Understanding of revenue recognition concepts (POC method)
  
• Exposure to resource planning and cost allocation
  

Key Skills

• Strong analytical thinking
  
• High ownership mindset
  
• Structured and disciplined reporting
  
• Comfortable working with senior delivery leaders
  
• Ability to identify inconsistencies in data