Finance Manager (Hyderabad)

Finance Manager (Hyderabad)

12 Nov
|
Space Inventive
|
Hyderabad

12 Nov

Space Inventive

Hyderabad

About company: Space Inventive is an innovative and dynamic company that specializes in leading businesses through transformative journeys in the digital era. They are pioneers in driving innovation and helping organizations transition into digitally mature entities. With a wide range of cutting-edge services, including web enterprise application development, AI & ML development, cloud engineering, data engineering, and business intelligence, Space craft's tailor-made solutions to meet each client's unique challenges. Their integrated approach combines strategic vision with digital expertise, empowering businesses to create recent models, modernize legacy systems, and launch market-ready digital products and platforms. Having served esteemed clients like Novartis, BMS, StarRez, among others, Space has a proven track record of success.

Key Responsibilities
• Assist in financial planning, budgeting, forecasting, and variance analysis to support business operations across IT Services, Product Engineering, and Shared Services functions.
• Prepare and maintain monthly, quarterly, and annual financial reports, including Profit & Loss Statements, Balance Sheets, Cash Flow Statements, and management dashboards.
• Support project financial management by tracking project revenue, costs, resource utilization, billing, profitability, and margin performance.
• Support Accounts Payable (AP), Accounts Receivable (AR), invoicing, collections, payroll coordination, and vendor payment processes.
• Assist in revenue recognition activities for IT services, software implementation projects, managed services, subscription-based products, and SaaS offerings in accordance with applicable accounting standards.
• Participate in monthly, quarterly, and year-end financial closure activities through reconciliations, accruals,



journal entries, and supporting schedules.
• Support statutory compliance, including GST, TDS, corporate tax requirements, regulatory filings, and internal financial reporting obligations.
• Coordinate with external and internal auditors by preparing audit schedules, reconciliations, supporting documentation, and responding to audit queries.
• Assist in preparing business performance reports, budget vs. actual analysis, and Qualifications & Skills
• MBA (Finance), CA Inter, CMA Inter, or equivalent qualifications are preferred.
• Strong understanding of accounting principles, financial reporting, budgeting, forecasting, and compliance requirements within an IT/ITES or technology-driven business environment.
• Knowledge of project accounting, revenue recognition, project profitability analysis, and service-line financial performance monitoring.
• Understanding of IT Services and SaaS business metrics such as utilization, realization, ARR, MRR, churn, customer profitability, and resource costing.
• Working knowledge of GST, TDS, statutory compliance, tax reconciliations, and audit support functions.
• Hands-on experience with ERP and financial systems such as SAP, Oracle, NetSuite, Microsoft Dynamics 365, Zoho Books, Tally, or similar platforms.
• Advanced proficiency in Microsoft Excel, including Pivot Tables, XLOOKUP/VLOOKUP, INDEX-MATCH, SUMIFS, dashboards, financial modeling, and data analysis tools.
• Strong analytical and problem-solving skills with excellent attention to detail and accuracy.
• Ability to manage multiple priorities, meet deadlines, and work independently in a fast-paced technology environment.
• Excellent communication and stakeholder management skills with the ability to collaborate effectively across cross-functional teams.

📌 Finance Manager (Hyderabad)
🏢 Space Inventive
📍 Hyderabad

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