Business finance - Cost Optimization, Margin Improvement

Zensar Technologies; Pune District; On-site; INR 1,800,000 - 2,800,000; Full time

Job summary

Zensar Technologies in Pune seeks a Senior Finance professional to own business finance, budgeting, forecasting and MIS reporting. You will partner with business leaders to drive cost optimization, improve utilization and deliver accurate financial insights for strategic decisions.

The role requires strong analytical skills, ability to manage BU-level finances, and collaboration with CXO-level stakeholders to monitor margins and headcount efficiency.

Qualifications

• MBA in Finance or equivalent.
• Proven experience in business finance, budgeting, forecasting and MIS reporting.
• Ability to partner with CXO level leadership and drive cost optimization.
• Strong analytical and modelling capabilities.

Responsibilities

• Determine and monitor key business drivers (Headcount, Margins, Revenue per FTE, Cost per FTE, Utilization).
• Prepare BU budgets and perform revenue and GM forecasting.
• Support and report on special projects, headcount ramp up/down and capacity analysis.
• Deliver regular and ad-hoc financial reports and business performance reviews.

Skills

Financial analysis

Budgeting

Forecasting

Variance analysis

Headcount planning

MIS reporting

Business partnering

Cost optimization

Education

MBA in Finance

Job description

Greetings from Zensar Technologies, Pune!!!

Qualification: MBA (Finance)

Mode: Work from Office (Kharadi, Pune)

Job Role:

We are hiring for a Senior Finance professional, who is proficient in areas of business finance, budgeting, forecasting, variance analysis, Headcount planning and MIS reporting. Proven ability to partner with business leaders, drive cost optimization, improve utilization, and deliver accurate financial insights to support strategic decision-making.

This position is responsible for driving all the direct costs optimization initiatives for all strategic / top accounts and at the BU level. The focus is to enhance Operating Margin, Gross Margin, and Revenue, through Cost + Efficiency initiatives. Partnering with the business leadership to provide decision support, periodic analytics and proactively draws attention of the business towards possible red flags.

This role involves very high and frequent involvement and engagement with the Finance/ Business leaders/ Delivery and program managers/ HR BP/ RMG/ TA teams to lead, support and track BU level business initiatives to successful closure.

JD:

Business Finance

• Determine, maintain, and understand the key business drivers of the business unit (e.g., Headcount, Margins, Revenue per FTE, Cost per FTE, Utilization, Direct costs etc.).
• Assist with establishing financial goals and operational metrics for BUs as needed.
• Preparation of BU financial revenue and cost budgets and thereafter execution of regular revenue and GM forecasting exercises.
• Responsible for supporting, tracking and reporting on special projects (e.g., headcount ramp up/ down, capacity analysis, profit improvement programs, etc.)
• Analyse financial statements (including high level modelling capability) to develop and support strategic insights, working closely with CXO level
• Conduct monthly operations / financial review for assigned BUs.
• Preparation of MIS to provide gross contribution and overall financial performance & preparation of monthly business performance review.
• Delivery of regular & ad-hoc reports (such as risk exposure, trending analysis, what if modelling, etc.)

Operations Management

• Ensure operational efficiency in sustained and improved over time through various cost optimization initiatives across the delivery organization
• BU level direct cost optimization through rigorous reviews and improvement of non-billing costs (pool resources, buffer resources etc.)
• Upkeep of all internal systems to reflect the accurate metrics and data at any point of