Director - Finance

Simplify Alpha™; Pune District; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Simplify Alpha in Pune seeks a Finance Controller to lead the close cycle for a people-based, billable-hours business. You will manage P&L, balance sheet, and cash flow reporting, aligning with group formats and cross-border requirements.

Key focus includes revenue recognition for time-and-material and fixed-price contracts, bench-cost management, utilization tracking, and ensuring Ind AS and US GAAP compliance across entities.

Qualifications

• CA or equivalent with 10–15 years post-qualification experience.
• Experience in staffing/IT services or IDC business.
• Strong Ind AS and US GAAP knowledge.
• Experience with ERP and time-tracking/billing systems (NetSuite, SAP)

Responsibilities

• Own monthly, quarterly, and annual close, ensuring accuracy and timeliness.
• Prepare P&L, balance sheet, and cash flow statements in line with group reporting formats.
• Manage revenue recognition for T&M, fixed-price, and staff augmentation contracts.
• Ensure the entity's numbers roll up into group consolidation.
• Track billable utilization, bench cost, and realization rates across resources and accounts.
• Build and maintain deal/contract-level profitability views (rate card vs. actual cost).
• Monitor bench aging and flag underutilized resources to leadership.
• Support pricing decisions on new SOWs and rate card negotiations.

Skills

Profitability analysis

Cost management

Budgeting & forecasting

Intercompany accounting

Education

Chartered Accountant (CA)

Tools

NetSuite

SAP

Job description

Simplify Alpha operates a services/staffing (IDC-type) business model, and this Finance Controller role should be built around the financial mechanics of a people-based, billable-hours business: deal/contract profitability, bench cost management, utilization tracking, and client invoicing tied to time and material or fixed-fee arrangements. The Controller owns close, controls, and compliance for the entity, and partners closely with delivery and account leadership.

Key Responsibilities

• Own monthly, quarterly, and annual close, ensuring accuracy and timeliness
• Prepare P&L, balance sheet, and cash flow statements in line with group reporting formats
• Manage revenue recognition for T&M, fixed-price, and staff augmentation contracts
• Ensure the entity's numbers roll up cleanly into group consolidation
• Track billable utilization, bench cost, and realization rates across resources and accounts
• Build and maintain deal/contract-level profitability views (rate card vs. actual cost, including onshore/offshore cost differentials)
• Monitor bench aging and flag underutilized resources to leadership
• Support pricing decisions on new SOWs and rate card negotiations

Controls & Compliance

• Design and enforce internal controls, including approval matrices, reconciliations, and segregation of duties
• Ensure statutory compliance (tax filings, regulatory returns, and jurisdiction-specific requirements)
• Manage the statutory and internal audit process end to end
• Maintain compliance with Ind AS and US GAAP as applicable, given cross-border staffing arrangements

Intercompany & Transfer Pricing

• Manage intercompany invoicing, particularly around cross-border resource deployment and IC service agreements
• Support transfer pricing documentation and safe harbour positioning for the staffing/services model
• Track cash movement tied to client invoicing cycles and payroll-heavy cost base

Business Partnering

• Act as the finance point of contact for Simplify Alpha's delivery and account leadership
• Support annual budgeting and forecasting, with particular attention to headcount-driven cost planning
• Provide visibility on client-wise and SOW-wise margins to support account management decisions

Qualifications

• Chartered Accountant (CA) or equivalent (CPA, ACCA), 10-15 years post-qualification experience
• Experience in a staffing, IT services, or IDC (captive/BOT) business is important, specifically comfort with utilization-based profitability models and bench cost management
• Working knowledge of Ind AS and US GAAP
• Experience with ERP and time-tracking/billing systems suited to services businesses (NetSuite, SAP, or similar, plus timesheet tools)