Business Finance

Mphasis; Mumbai; Hybrid; INR 1,400,000 - 1,900,000; Full time

Job summary

Mphasis in Mumbai (Malad) is seeking an experienced finance professional to own revenue forecasting, P&L management and variance analysis. Candidates should have CA/CMA/MBA (Finance) or M.Com with 4–6 years of relevant experience and be comfortable with a hybrid work model.

The role requires strong Excel skills, analytical ability and effective communication to coordinate with delivery teams, CRM and leadership for monthly/quarterly forecasts, budgets and cost-saving initiatives.

Qualifications

• CA/CMA/MBA (Finance)/M.Com required.
• 4-6 years of experience in revenue forecasting and financial analysis.
• Hybrid work model in Mumbai (Malad) preferred.

Responsibilities

• Review and track revenue forecast vs. actuals.
• Manage P&Ls and quarterly client forecasts.
• Variance analysis with commentary for management.
• Monitor collections, AR and renewal pricing.
• Coordinate with Delivery/CRM for collections and pricing.

Skills

Revenue forecasting

P&L analysis

Variance analysis

Microsoft Excel

Communication skills

Education

CA/CMA

MBA (Finance)

M.Com

Job description

Location

Mumbai (Malad)

Years of Experience

4-6 Years

Qualification

CA/CMA/MBA (Finance)/M.com

Work Mode

Hybrid

Roles and Responsibilities

• Revenue forecast review & tracking.
• Revenue forecast
• Review Actual Vs. Forecast revenues, Collate Variances commentaries
• Managing P&Ls.
• Quarterly/Monthly P&L forecast by Client
• Variance Analysis
• P&L analysis & response on adhoc queries to Delivery & Internal team on costs/revenues
• Managing Renewal/Extension pricing.
• Sold Margin vs Actual Margin analysis
• Tracking Unbilled & Receivables
• Follow up with Delivery / CRM for collection of Overdues
• Escalation of non-collection of AR to Management
• Forecast estimates of collections for the quarter/ quarter end
• Monitoring operational metrics viz., utilization, Level mix, span, seat utilization etc
• Manage month-end activities, financial packages, pricing activities, software billing, budgets, forecast, outlooks, MIS and related reporting & analysis for management decision making
• Management & business stakeholders review drive discussions for budgeting forecast process, outlooks, prepare and analyze monthly operating expense reports, variance analysis and drive cost savings across all functions spends (engineering, facilities etc.)
• Working closely with Business units, HQ, global region teams and India business partners and regular interaction to reviews, drive transition calls, process documentation, plan team backups for all activities.
• Ensure accurate and timely completion of activities with complete ownership and accountability.
• Individual will require to take evening calls for reviews and transition of activities.
• Perform additional ad hoc financial analysis from time to time.

Skills / Competencies

• Good Analytical skills.
• Hands on in Excel.
• Effective communication skills.
• Sound functional knowledge.

Job Specifications

• Advanced Computer proficiency of Microsoft suite (Excel, Word, PPT, MS Teams).
• Ability to identify issues and root causes and uses own judgement to provide feedback solutions to complex problems and can identify the potential solutions
• Effectively and quickly adapts to new systems, processes, and policies
• Ability to remain calm under pressure
• Exercises analytical skill within generally defined practices using a variety of sources in order to find solutions. Be results oriented with great attention to detail
• Strong multitasking skills with the ability to prioritize own work and respond to ad hoc requests as needed; able to make quick and accurate decisions
• Must have demonstratable communications skills being able to communicate clearly and accurately in an open manner whether it be in person, written or via tele conference, and across cultures. Must be able to contribute proactively during meetings.