Project Finance Analyst

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

Job summary

A consulting firm in India is looking for a Project Finance Analyst to enhance financial governance across its projects. The role involves maintaining budgets, monitoring margins and utilization, providing revenue forecasting support, and preparing financial dashboards. Qualified candidates should have 3-5 years of relevant experience, advanced Excel skills, and a keen attention to detail. This position offers significant growth potential into a senior role within the company.

Qualifications

• 3-5 years experience in project finance, FP&A, or financial analysis in IT services.
• Strong Excel skills with advanced formulas and financial modeling.
• Ability to work independently with structured guidance.

Responsibilities

• Maintain detailed project budgets and track actual costs vs approved budgets.
• Support revenue forecasting and update financial projections.
• Prepare standardized monthly project financial dashboards.

Skills

Analytical thinking

Attention to detail

Strong Excel skills

Understanding of consulting metrics

Job description

Project Finance Analyst - Consulting Services (India)

We are seeking a highly analytical and detail-oriented Project Finance Analyst to support financial governance across our consulting engagements. This role will focus on project costing, margin tracking, forecasting support, and financial reporting. You will work closely with Project Managers, Delivery Leadership, Operations, and Corporate Finance to ensure financial visibility, cost discipline, and accuracy in project reporting. This is an execution-focused role with strong growth potential into a senior Project Controller position.

Key Responsibilities

• 1. Project Budget & Cost Tracking
  • Maintain detailed project budgets in standardized templates
  • Track actual costs vs approved budgets
  • Monitor labor cost allocation (India/US teams)
  • Validate timesheet data and billable effort
  • Ensure correct mapping of subcontractor and expense costs
• 2. Margin & Utilization Monitoring
  • Track:
    • Gross margin %
    • Contribution margin
    • Billable utilization
    • Realization rates
  • Identify budget variances and flag to leadership
  • Support burn-rate tracking and financial health indicators
• 3. Revenue & Forecasting Support
  • Support revenue forecasting (monthly/quarterly)
  • Assist with percentage-of-completion tracking
  • Maintain backlog and pipeline financial trackers
  • Update rolling financial projections
• 4. Reporting & Dashboarding
  • Prepare standardized monthly project financial dashboards
  • Provide variance analysis (Actual vs Budget vs Forecast)
  • Maintain centralized project financial repository
  • Ensure reporting accuracy and timeliness
• 5. Process Discipline & Governance
  • Ensure financial templates are followed across all projects
  • Track recurring financial reporting tasks
  • Improve data accuracy in financial tracking systems
  • Support continuous improvement in project costing processes

Required Qualifications

• 3-5 years experience in:
  • Project finance
  • FP&A
  • Financial analysis in IT services / consulting preferred
• Strong Excel skills (advanced formulas, pivot tables, financial modeling)
• Strong numerical accuracy and attention to detail
• Basic understanding of consulting metrics (utilization, margins)
• Ability to work independently with structured guidance

Preferred Qualifications

• Experience in IT consulting / SAP services organization
• Understanding of revenue recognition concepts (POC method)
• Exposure to resource planning and cost allocation

Key Skills

• Strong analytical thinking
• High ownership mindset
• Structured and disciplined reporting
• Comfortable working with senior delivery leaders
• Ability to identify inconsistencies in data