Business Finance - FP&A - SDM

Cognizant; Hyderabad; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Cognizant Hyderabad seeks an experienced FP&A professional to partner with business leaders, drive budgeting, monthly forecasting, and long-term financial planning, delivering actionable insights for decision making.

You will own variance analysis, profitability assessments, multi-currency operations, and lead a finance team while pushing process automation and finance transformation initiatives.

Qualifications

• Strong experience in FP&A, Business Finance, or Commercial Finance roles.
• Understanding of accounting principles, financial planning, forecasting, and business partnering.
• Expertise in budgeting, forecasting, variance analysis, and financial modeling.
• Excellent analytical, problem-solving, and stakeholder management skills.
• Experience in pricing, deal evaluation, profitability analysis, and revenue management.
• Ability to thrive in a fast-paced, dynamic business environment.
• Proven experience in driving process automation and finance transformation initiatives.
• Exposure to multi-currency business environments and international operations.
• Prior experience in IT services or GCC/BPO environments is preferred.
• Excellent communication, presentation, and leadership skills.

Responsibilities

• Partner with business leaders to provide financial insights and support strategic decision-making.
• Drive the annual budgeting process, monthly forecasting, and long-term financial planning.
• Perform detailed variance analysis and prepare financial bridges for deviations.
• Collaborate with Business Unit Heads to understand performance and drivers.
• Lead pricing analysis, deal profitability assessments, and contract support.
• Monitor billing, unbilled revenue, and ensure revenue recognition compliance.
• Own the P&L and drive profitability and efficiency initiatives.
• Analyze large datasets to generate actionable insights for management.
• Identify opportunities for automation by partnering with IT and cross-functional teams.
• Manage multi-currency finance operations and FX impact assessment.
• Develop and present financial reports, dashboards, and management reviews.
• Lead and mentor a team of finance professionals.

Skills

FP&A

Business Finance

Commercial Finance

Budgeting

Forecasting

Variance analysis

Financial modeling

Multi-currency

Finance transformation

Leadership

Job description

Key Responsibilities:

• Partner closely with business leaders to provide financial insights and support strategic decision-making.
• Drive the annual budgeting process, monthly forecasting, and long-term financial planning activities.
• Perform detailed variance analysis and prepare financial bridges to explain deviations from budget, forecast, and prior periods.
• Collaborate with Business Unit Heads to understand business performance, identify key drivers, and recommend corrective actions.
• Lead pricing analysis, commercial evaluations, deal profitability assessments, and support contract renewals and pricing negotiations.
• Monitor billing, unbilled revenue, and ensure compliance with revenue recognition principles.
• Take complete ownership of the Profit & Loss (P&L) statement and drive initiatives to improve profitability and operational efficiency.
• Analyze large and complex datasets to generate actionable insights for management and business stakeholders.
• Identify opportunities for process improvement and automation by partnering with IT and cross-functional teams.
• Manage financial operations involving multiple currencies and assess foreign exchange impacts on business performance.
• Develop and present financial reports, dashboards, management presentations, and business review materials.
• Lead, mentor, and manage a team of finance professionals, ensuring effective execution of business finance responsibilities.
• Act as a trusted finance partner to delivery and operational teams, supporting revenue growth, margin improvement, and cost optimization initiatives.

Required Skills & Experience

• Strong experience in FP&A, Business Finance, or Commercial Finance roles.
• Sound understanding of accounting principles, financial planning, forecasting, and business partnering.
• Expertise in budgeting, forecasting, variance analysis, and financial modeling.
• Strong analytical, problem-solving, and stakeholder management skills.
• Experience in pricing, deal evaluation, profitability analysis, and revenue management.
• Ability to thrive in a fast-paced, dynamic business environment.
• Proven experience in driving process automation and finance transformation initiatives.
• Exposure to multi-currency business environments and international financial operations.
• Prior experience in IT Services, Global Capability Centers (GCC), KPO, BPO, or export-oriented service organizations is preferred.
• Excellent communication, presentation, and leadership skills.

Desired candidate profile

• 1) 4-6 years of experience in Budgeting, forecasting and variance analysis.
• 2) flexible to work with rotational shifts and rotational off.
• 3) Location - Hyderabad & Mumbai
• 4) Work mode - Work from office.