The Finance Account Manager will oversee financial operations, client account management, and project-based financial reporting for the IT services business. This role requires strong knowledge of service-based revenue models, project profitability tracking, and client billing cycles.
- Financial Operations & Reporting
- Manage end-to-end accounting functions including accounts payable, receivable, and general ledger.
- Prepare monthly, quarterly, and annual financial statements specific to project and client performance.
- Track revenue recognition as per IT service contracts and ensure alignment with company policies and accounting standards.
- Client Account Management
- Handle financial aspects of client accounts invoicing, collections, credit control, and payment follow-ups.
- Maintain accurate client billing based on milestones, time & material, or retainer agreements.
- Work closely with Account managers to ensure billing accuracy and alignment with project progress.
- Support client escalations related to financial or billing issues.
- Budgeting, Forecasting & Profitability
- Support annual budgeting and financial planning cycles for each project and service line.
- Analyze project-level profitability, utilization, and revenue forecasts.
- Provide regular management reports on performance metrics (e.g., revenue per client, margin by project).
- Education:
- Bachelor's degree in Accounting, Finance, Commerce, or related field
- Experience:
- 3-5+ years of experience in accounting, financial management, or account handling roles.
- Prior experience in service-based or IT company preferred
- Strong experience in client billing, revenue recognition, and project accounting.
- Skills:
- Excellent analytical and problem-solving abilities.
- Strong communication and client interaction skills.
- High attention to detail and accuracy.
- Ability to manage multiple priorities in a fast-paced environment.
- Proficiency in accounting software (Tally, QuickBooks, Zoho Books, or ERP systems).
- Strong command of MS Excel.
