Assistant Manager Finance

Firstsource; Mumbai; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Firstsource seeks an Assistant Manager - Finance in Mumbai to manage and allocate corporate shared service costs, including Facilities and IT. You will produce monthly reports, analyze cost drivers and support budgeting and forecasting for cost centers.

The role emphasizes accurate cost allocation, financial transparency and opportunities to automate and improve reporting across business units.

Qualifications

• CA or MBA (Finance) from a reputed institution is required.
• Strong cost accounting, FPA and profitability analysis exposure.
• Experience in shared services cost management across multiple units.

Responsibilities

• Prepare and present monthly management reports on Facilities and IT costs.
• Analyze costs, identify trends, anomalies and optimization opportunities.
• Ensure accruals and cost provisions to avoid past period hits.
• Oversee end-to-end allocation of corporate overhead costs.
• Maintain allocation methodologies and cost drivers for accuracy.
• Drive automation in allocation and reporting processes.
• Support budgeting, forecasting, and long-range planning for cost centers.
• Explain cost allocations to business finance teams with insights.

Skills

Analytical thinking

Problem solving

Stakeholder management

Communication skills

Independent work

Education

CA and/or MBA (Finance)

Tools

Excel

SAP

Oracle

Dynamics

Power BI

Tableau

Job description

Reporting To: Director / Vice President - Finance

Role Purpose

The Assistant Manager - Finance will be responsible for managing and allocating corporate shared service costs, primarily Facilities and IT expenses, HR etc, across business units, regions, and functions. The role will ensure accurate cost distribution, financial transparency, cost analysis, and support strategic decision-making through robust allocation methodologies and financial reporting.

Key Responsibilities

• Prepare and present monthly management reports and dashboards on Facilities and IT costs.
• Analyze function costs and identify trends, anomalies, and optimization opportunities.
• Ensure cost provision and accruals are done to avoid past period one-time hits.
• Manage end-to-end allocation of corporate overhead cost.
• Develop, maintain, and periodically review allocation methodologies and cost drivers to ensure fairness and accuracy.
• Drive process improvements and automation initiatives in allocation and reporting activities.
• Support budgeting, forecasting, and long-range planning for corporate cost centers.
• Partner with business finance teams to explain cost allocations and provide insights into cost drivers.
• Monitor actual spend against budgets and provide variance analysis.

Desired Candidate Profile

• Chartered Accountant (CA) and/or MBA (Finance) from a reputed institution.
• 5 to 8 years of relevant experience in:
• Financial Planning & Analysis (FP&A)
• Cost allocation and profitability analysis
• Corporate finance or business finance
• Shared service cost management
• Financial reporting and management accounting
• Strong understanding of cost accounting and management reporting.
• Experience in allocation of shared services costs across business units.
• Advanced Microsoft Excel skills.
• Experience with ERP systems such as SAP, Oracle, Dynamics, or similar.
• Knowledge of Power BI, Tableau, or other reporting tools preferred.

Core Competencies

• Strong analytical and problem-solving skills.
• Attention to detail and financial accuracy.
• Effective stakeholder management and communication skills.
• Ability to work independently and manage multiple priorities.
• Continuous improvement mindset with a focus on automation and efficiency.