Sr Analyst II Finance Business Partner

Shashwath Solution; Pune District; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Shashwath Solution in Pune seeks a finance professional with a strong FP&A background to drive financial insights, revenue recognition accuracy, and cost management. This role focuses on improving margins through rigorous analysis and cross-functional collaboration.

Responsibilities include contract analysis, unbilled revenue monitoring, budgeting, forecasting, variance analysis, and building dashboards with advanced Excel. CA/ICWA and 3+ years of relevant experience are preferred.

Qualifications

• CA or ICWA qualification preferred.
• Minimum 3 years of FP&A or business finance experience.
• Strong understanding of accounting principles and revenue recognition.

Responsibilities

• Revenue recognition: ensure accurate recognition and journal entries.
• Contract analysis to derive financial implications and proper treatment.
• Cost management: manage accruals and prepayments, allocate/capitalize costs.
• Margin analysis and improvement: analyze drivers and partner for optimization.
• Unbilled revenue monitoring and coordination for timely billing.
• Budgeting & forecasting participation; variance explanation.
• Variance analysis: monthly/quarterly performance vs plan.
• Reporting & dashboards: build financial models and dashboards in Excel.

Skills

Analytical thinking

Communication skills

Independent working

Education

CA or ICWA qualification

Tools

Excel (Advanced)

Pivot tables

Lookups (VLOOKUP/HLOOKUP)

ERP exposure (SAP/Oracle)

Job description

Job Summary:

We are seeking a dynamic and detail-oriented finance professional with a strong background in business finance. The ideal candidate will be responsible for driving financial insights, ensuring accurate revenue recognition, managing costs effectively, and supporting margin improvement initiatives. This role requires strong analytical capabilities, a deep understanding of accounting principles, and hands-on experience in financial forecasting and variance analysis.

Key Responsibilities:

• Revenue Recognition:
  Ensure timely and accurate revenue recognition in compliance with accounting standards, including preparation and posting of necessary journal entries.
• Contract Analysis:
  Interpret and analyze commercial contracts to derive financial implications, identify revenue triggers, and ensure proper financial treatment.
• Cost Management:
  Handle accruals, prepayments, and other period-end activities; monitor costs and ensure correct allocation and capitalization where applicable.
• Margin Analysis & Improvement:
  Perform detailed margin analysis, identify drivers of profitability, and collaborate with cross-functional teams to drive cost optimization and improve margins.
• Unbilled Revenue Monitoring:
  Track and manage unbilled revenue balances, coordinate with delivery and operations teams to ensure timely billing and revenue realization.
• Budgeting & Forecasting:
  Participate in the preparation of budgets and forecasts; track actual performance against plan and explain key variances.
• Variance Analysis:
  Provide insight into monthly and quarterly performance through detailed variance analysis of actuals vs forecast/budget.
• Reporting & Dashboards:
  Develop and maintain financial models, dashboards, and management reports using advanced Excel techniques.

Required Skills:

• CA or ICWA qualification preferred.
• Minimum 3 years of relevant experience in business finance or FP&A roles.
• Strong understanding of accounting principles and standards.
• Proven experience in revenue recognition, cost accounting, and financial analysis.
• Proficient in Microsoft Excel (Advanced functions, Pivot tables, Lookups, etc.).
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently and manage multiple priorities in a fast-paced environment.

Preferred Skills (Nice to Have):

• Exposure to ERP systems like SAP, Oracle, or similar.
• Experience in service-based or IT/ITES industry.
• Knowledge of Power BI or other visualization tools

Location:

• Delhi NCR
• Bangalore
• Chennai
• Pune
• Kolkata
• Ahmedabad
• Mumbai
• Hyderabad