Financial Analyst is responsible for the financial planning, analysis, and reporting of software development projects. This role involves collaborating with project managers, developers, and other stakeholders to ensure projects are completed within budget and provide financial insights to guide decision-making processes.
Qualifications:
Education:
Bachelor's degree in Engineering, Business Administration, or a related field.
Professional certifications such as CPA, CFA, or PMP are a plus.
Experience:
Minimum of 10-12 years of experience in financial analysis, preferably in the software development or IT industry.
Proven track record of managing budgets and financial planning for projects.
Key Responsibilities:
Develop and maintain detailed project budgets, forecasts, and financial models.
Monitor and analyze project costs and expenses to identify trends, variances, and opportunities for cost savings.
Provide regular financial reports and updates to project managers and senior management.
Assist in the preparation and management of project budgets, ensuring alignment with overall financial goals.
Track project expenditures against the budget, highlighting any areas of concern and proposing corrective actions.
Prepare and present financial reports, including variance analysis, to project stakeholders.
Maintain accurate financial records and documentation for audits and compliance purposes.
Work closely with project managers to understand project scope, timelines, and financial requirements.
Liaise with the finance department to ensure accurate financial reporting and adherence to company policies.
Communicate financial insights and recommendations to project teams and management.
Identify financial risks and develop mitigation strategies to ensure project success.
Conduct financial assessments of project proposals to support decision-making.