Cost Optimization, Margin Expansion, Operational Excellence - BizOps

Zensar; Pune District, Bengaluru; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Zensar Technologies in Pune seeks a senior Finance leader to drive direct cost optimization across strategic accounts and BUs. You will partner with business leaders to provide analytics, support margin improvement, and monitor metrics and dashboards.

The role requires influencing CXO-level stakeholders and leading finance teams in a dynamic IT services environment. The ideal candidate has 8+ years in business finance, strong analytical and communication skills, and a track record of cost-saving

Qualifications

• Bachelor's or master's degree in finance, accounting, or a related field.
• Minimum 8 years of experience in business finance with leadership experience.
• Proficiency in financial analysis, budgeting, forecasting, and variance analysis.
• Strong business acumen and ability to partner with business leaders effectively.
• Excellent communication and interpersonal skills for cross-functional collaboration.
• Proficiency in using financial software and tools for data analysis and reporting.
• Analytical mindset with attention to detail and accuracy.

Responsibilities

• Drive direct cost optimization initiatives to improve operating and gross margins.
• Partner with CXO level and BU leadership for decision support and analytics.
• Lead monthly financial and operating reviews for BUs.
• Deliver regular and ad-hoc margin and trend analyses, What-if modelling.
• Ensure non-billing costs are reviewed and optimized at the BU level.
• Maintain internal dashboards reflecting accurate metrics and data.

Skills

Financial analysis

Budgeting

Forecasting

Variance analysis

Leadership

Stakeholder management

Data analysis

Education

Bachelor's/Master's in Finance

Tools

Finance software

ERP/BI tools

Job description

Greetings from Zensar Technologies!!!

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.

Responsibilities:

Business Finance:

• Determine and understand the key business drivers of the business unit (e.g., Headcount, Margins, Revenue per FTE, Cost per FTE, Utilization, Direct costs etc.).


• Preparation and execution of regular margin forecasting exercises.


• Responsible for supporting, tracking and reporting on special projects (e.g., strategic accounts cost optimization, profit improvement programs etc.).


• Analyse financial statements to develop and support strategic insights, working closely with CXO level


• Conduct monthly operations / financial review for assigned BUs.


• Delivery of regular & ad-hoc reports (such as margin analysis, trending analysis, what if modelling, etc.)

Operations Management:

• Ensure operational efficiency is improved and sustained over time through various cost optimization initiatives across the delivery organization (pyramid optimization, Cost Per FTE reduction, subcontractors margin improvement etc.).


• BU level direct cost optimization through rigorous reviews and improvement of non-billing costs (pool resources, buffer resources etc.)


• Upkeep of all internal systems and operational dashboards to reflect the accurate metrics and data at any point of time

Qualifications:

• Bachelor's or masters degree in finance, Accounting, or a related field.


• Minimum 8 years of experience in business finance, with a proven track record in a leadership role.


• Proficiency in financial analysis, budgeting, forecasting, and variance analysis.


• Strong business acumen and the ability to partner with business leaders effectively.


• Excellent communication and interpersonal skills for collaborating with diverse teams.


• Proficiency in using financial software and tools for data analysis and reporting.


• Analytical mindset with a keen eye for detail and accuracy.


• Ability to work independently and manage multiple projects simultaneously.


• Strong leadership and mentorship skills to guide and develop a finance team.

Adaptability to changing business landscapes and a willingness to learn and grow