Assistant Finance Account Manager

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:
• Bachelors 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.