Job Title: Senior Finance Lead (Program Financial Controller)
Job location: Bangalore
Job requirement: Fulltime / Permanent
Position ID: J0926-1600
Experience: 10+ years of experience
Work Mode: Hybrid
Employment Type: Full Time / Permanent
Reports To: Program Director / Account Delivery Manager
Qualification: Bachelor's or Master's degree in Finance, Accounting, Business Administration, or Commerce. Professional qualifications (e.g., CA, CMA, CIMA, CPA, or MBA Finance) are strongly preferred.

1. Role Purpose

The Senior Finance Lead will take full, independent ownership of the end-to-end financial operations and commercial governance for a dedicated, high impact client program.

In this role, you will be the primary financial partner to the Program Director and Delivery Managers. You will oversee revenue assurance, order book management, billing and invoicing, cost control, P&L; performance, and rolling forecasts. A critical dimension of this role is proactive governance: diving deep into billability and resource utilization metrics, identifying anomalies or margin leakages, and constructively challenging delivery managers to ensure financial discipline, profitability, and contractual compliance.

2. Key Responsibilities

End to End P&L; Tracking & Financial Forecasting
. Take end to end accountability for the program's monthly Profit & Loss (P&L;) statements, tracking gross margin, operating margin, and cost variances.
. Formulate robust, rolling monthly, quarterly, and annual financial forecasts (revenue, direct costs, third party contractor expenses, and overheads).
. Conduct rigorous variance analysis (Budget vs. Actuals vs. Forecast) and present root cause explanations and corrective action plans to leadership.

Cost Control & Utilization Governance
. Track direct delivery costs, subcontractor expenses, and operational overheads against budgeted cost baselines.
. Lead weekly/monthly resource utilization and billability audits across all program workstreams.
. Actively investigate anomaliessuch as bench spikes, unbilled overtime, unexpected non billable hours,



or staffing mix deviationsand constructively challenge delivery leads to optimize workforce allocation and margins.

Tool Administration & Financial Reporting (DSWeb / ERP)
. Maintain and update monthly financials, revenue milestones, and cost bookings within DSWeb (or enterprise equivalents such as SAP, Oracle ERP, PSA tools).
. Guarantee complete data hygiene and integrity between operational delivery trackers and core enterprise financial systems.
. Design, publish, and present monthly management financial packs, dashboards, and KPI decks for senior stakeholders, program leadership, and steering committees.

Business Advisory & Stakeholder Engagement
. Function as a trusted commercial advisor to the Program Leadership team, providing strategic recommendations for margin expansion, pricing revisions, and contract renegotiations.
. Assist in evaluating financial impacts of change requests (CRs), new scope additions, or onshore offshore staffing ratio adjustments.

Order Management, Invoicing & Cash Flow
. Oversee the end to end lifecycle of work orders, Statements of Work (SOWs), and purchase orders (POs), ensuring timely renewals and sufficient PO coverage.
. Manage the billing calendar, review milestone completions and approved timesheets, and supervise invoice generation to prevent revenue leakage or delayed billing.
. Monitor accounts receivable, aging reports, unbilled revenue (WIP), and proactively resolve billing discrepancies in coordination with client procurement/finance.

3. Required Qualifications & Experience
. 10+ years of progressive experience in financial planning and analysis (FP&A;), commercial management, or program financial control, ideally within an IT Services, Managed Services, or Management Consulting environment.





Technical & Systems Proficiency
. Advanced Microsoft Excel Expert: Proven track record in building complex financial models, utilizing advanced formulas (XLOOKUP, INDEX/MATCH, dynamic arrays), nested logic, Pivot Tables, Power Query, and basic VBA/Macros to automate repetitive reporting.
. Financial Tooling Experience: Hands on experience with DSWeb is highly desirable; otherwise, solid hands on expertise in comparable project accounting or ERP suites (e.g., SAP FI/CO, Oracle Financials, Deltek, Workday, or Planview).
. Experience developing executive ready presentation decks and dashboard reporting (Power BI or Tableau is a plus).

4. Key Competencies & Soft Skills
- Independent Ownership: Ability to operate autonomously, manage ambiguities, and steer the entire financial agenda of a large program without day-to-day oversight.
- Analytical Rigor: Sharp eye for detail to spot discrepancies in timesheets, billable rates, margin drains, and forecast misalignments.
- Constructive Assertiveness: Confidence and diplomatic authority to challenge delivery managers, question resource anomalies, and uphold governance standards.
- Executive Communication: Ability to translate complex financial data into concise, actionable insights for delivery heads, operations managers, and executive leadership.
- Commercial Acumen: In depth understanding of contracting models (Time & Material, Fixed Price, Milestone Based, Managed Capacity) and their financial mechanics.

5. Performance Metrics (KPIs)
. Forecast Accuracy: Minimal variance between monthly projected revenue/costs and actual bookings.
. Margin Health: Achievement or improvement of agreed Gross Margin targets across program streams.
. DSO & Billing Timeliness: Near zero unbilled revenue past cycle close and timely resolution of invoice queries.
. Utilization & Cost Optimization: Identification and remediation of bench/idle capacity and non-billable leakages.
. Data Integrity & Compliance: 100% on time logging and compliance in DSWeb and associated reporting systems.

📌 Senior Finance Lead (Program Financial Controller) (Bengaluru)
🏢 CGI
📍 Bengaluru