IT Finance SME

ISG (Information Services Group); Bengaluru; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

ISG (Information Services Group) is looking for an experienced IT Finance professional in Bengaluru, Karnataka. The ideal candidate will have 10-12 years of relevant experience and a strong background in financial analysis, budgeting, and vendor management. Responsibilities include overseeing IT budgeting, conducting spending analysis, and developing financial reports. A CA, CPA, or Bachelor's degree in commerce is required, along with an MBA in Finance preferred. Strong knowledge of purchasing law and proficiency in MS applications are key qualifications.

Qualifications

• 10-12 years of relevant experience in IT finance.
• Strong understanding of purchasing and contract law.
• Good knowledge of IT functions related to financial management.

Responsibilities

• Collaborate with client leadership on business objectives.
• Oversee budgeting, spending analysis, and forecasting.
• Monitor IT project spending and perform variance analysis.

Skills

Financial analysis

Budgeting

Vendor management

Communication

Education

CA, CPA, Bachelor's Degree in Commerce

MBA in Finance

Tools

MS PowerPoint

MS Word

Outlook

Job description

POSITION SUMMARY

ISG seeks a candidate with extensive IT Finance experience around business case management, sourcing spend analysis, scenario analysis, ratio analysis, project accounting, invoice reviews and more. This role bridges finance and technology, working with IT leadership to oversee budgeting, spend analysis, forecasting, vendor management, and financial reporting.

ESSENTIAL JOB FUNCTIONS

• Collaborate closely with the client leadership to support business objectives and operational goals.
• Develop, maintain, and report on financial and operational KPIs to monitor IT performance and cost-effectiveness.
• Take ownership of IT budgeting and forecasting, including capital (CapEx) and operating expenses (OpEx) tracking.
• Serve as a financial liaison for vendor relationships—evaluation, budget approvals, contract review, and payments.
• Perform cost-benefit analyses for planned IT investments.
• Monitor IT project and development spend, ensure timely reporting and variance analysis.
• Maintain accurate records of purchase orders, invoices, and vendor information; prepare reports and analysis on procurement activities.
• Establish and maintain relationships with vendors, evaluate vendor performance, identify opportunities for cost savings, and resolve vendor disputes and issues.
• Create and maintain a comprehensive database with all financial documents and associated raw data.
• Understand and apply sound financial governance principles supporting transparency, traceability and auditability of source documents and resulting financial reports and transactions.
• Interpret and apply contract language and standards to related financial activities and develop reports to monitor key financial elements of contracts.
• Standardize sourcing spend governance processes and templates.
• Ensure adherence to procurement and finance governance frameworks.
• Support audits with accurate, complete, and timely financial documentation.
• Support preparation of IT sourcing budgets and rolling forecasts.
• Track actual vs. planned spend and highlight variances with root cause analysis.
• Ensure accurate allocation of sourcing costs to consuming business units.
• Partner with sourcing teams to monitor savings commitments and track benefits realization.

REQUIREMENTS

• CA, CPA, Bachelor’s Degree in commerce discipline with MBA in Finance (preferred).
• 10-12 years relevant experience.
• Good knowledge of IT functions and its relevance to the financial management.
• Strong understanding of purchasing and contract law.
• Proficiency in financial analysis and planning.
• Working knowledge of different process applications including MS PowerPoint, Word, and Outlook.
• Strong English language aptitude/proficiency: solid written and verbal communication.