Financial Analyst

ISG; India; On-site; INR 800,000 - 1,200,000; Full time

Job summary

ISG is seeking a Financial Analyst responsible for Invoice Management, Financial Analytics, and Value Optimization in client interactions. This role entails collaboration with teams to leverage advanced analytics and ensure financial transparency.

The ideal candidate will have a Bachelor's degree in Commerce or MBA in Finance and 5-6 years of relevant experience in financial management and analytics. Proficiency in tools like Excel and experience with AI/ML in finance are preferred.

Qualifications

• 5 - 6 years of relevant experience in financial management and analytics.
• Strong knowledge of Accounts Payable/Receivable processes.
• Proficiency in advanced Excel functions and Macros.

Responsibilities

• Implement ISG Governance Services processes with focus on transparency.
• Track financial reports and perform analytics to demonstrate trends.
• Utilize AI-powered tools for invoice management and anomaly detection.

Skills

Financial management

Invoice processing

Financial analytics

AI/ML applications in finance

Excel (pivot tables, VLOOKUP)

Education

Bachelor's Degree in Commerce or MBA in Finance

Tools

ISG GovernX

MS PowerPoint

Financial workflow applications

Job description

Financial Analyst

ISG seeks a Financial Analyst who will be responsible for Invoice Management, Financial Analytics, and Value Optimization across all financial interactions between clients and their Service Providers. This individual will collaborate closely within a team, leveraging advanced analytics and AI-driven insights to ensure financial transparency, efficiency, and strategic cost savings.

Essential Job Functions

• Governance & Compliance
  • Implement ISG Governance Services processes with a focus on transparency, traceability, and auditability.
  • Interpret and apply contract language and standards to financial activities, ensuring compliance with IT and service contracts.
• Financial Analytics & Reporting
  • Track and maintain financial reports showing actuals; perform analytics to demonstrate trends, gaps, and opportunities.
  • Generate forecasts, budgets, and variance analyses to support decision-making.
  • Identify and recommend cost optimization opportunities across vendor contracts and service delivery.
• AI & Automation
  • Utilize AI-powered tools for invoice management, anomaly detection, and predictive analytics.
  • Automate repetitive financial processes (e.g., reconciliations, reporting) to improve efficiency and accuracy.
  • Apply machine learning models to forecast spend patterns and detect potential risks.
• Contract & Vendor Management
  • Proficiently manage IT contracts, ensuring financial obligations are tracked and aligned with service delivery.
  • Develop reports to monitor key financial elements of contracts, including SLAs, penalties, and incentives.
  • Support vendor negotiations with data-driven insights to maximize value.
• Communication & Collaboration
  • Present financial findings clearly through reports, dashboards, and presentations to ISG teams, clients, and Service Providers.
  • Evaluate the impact of financial findings and propose resolutions to identified issues.
• Technology & Tools
  • Manage the ISG workflow tool "ISG GovernX" and other financial platforms.
  • Maintain a comprehensive database of financial documents and raw data for audit readiness.
  • Explore and implement new digital tools for financial governance and analytics.

Requirements

• Bachelor's Degree in Commerce discipline; MBA in Finance preferred.
• 5 - 6 years of relevant experience in financial management, invoice processing, and analytics.
• Strong knowledge of Accounts Payable/Receivable (AP/AR) processes and dispute resolution.
• Proficiency in Excel (pivot tables, VLOOKUP, advanced formulas); experience with Macros and automation is an advantage.
• Working knowledge of MS PowerPoint, Word, Outlook, and financial workflow applications.
• Strong English language proficiency (written and verbal).
• Added Advantage:
  • Experience with AI/ML applications in finance (e.g., predictive analytics, anomaly detection).
  • Practical experience in Tool Testing/User Acceptance Testing (UAT).
  • Exposure to IT contract management and requirement gathering for financial tool setup.
  • Ability to identify and implement cost optimization strategies across contracts and vendor engagements.