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Financial Analyst

1 week ago

Pune, Maharashtra, India Exela Technologies Full time

Job Summary:

We are seeking a highly skilled Financial Analyst to join our team at Exela Technologies. As an IT Financial Analyst, you will be responsible for developing and maintaining detailed financial models to forecast IT costs, including hardware depreciation, software licensing fees, maintenance contracts, and personnel expenses.

Key Responsibilities:

  • Financial Modeling: Create comprehensive financial models to evaluate potential IT investments and their financial impact.
  • Cost Tracking and Reporting: Monitor IT spending against approved budgets, identifying potential overspending areas, and generating regular financial reports for IT leadership.
  • Data Analysis and Insights: Leverage data analytics tools to extract insights from IT financial data, identifying cost optimization opportunities based on data analysis.
  • Project Financial Management: Collaborate with IT project managers to develop detailed project budgets and track project expenditures against budget.

Required Skills and Qualifications:

  • Financial Analysis: Strong understanding of financial principles, including budgeting, forecasting, and financial modeling.
  • IT Knowledge: Basic understanding of IT infrastructure, hardware, software, and network technologies.
  • Data Analytics: Proficiency in data analysis tools like Excel, SQL, Power BI, SAP, and data visualization platforms.
  • Communication: Ability to clearly communicate complex financial information to both technical and non-technical stakeholders.
  • Project Management: Basic project management skills to track IT project budgets and timelines.

Education and Experience:

  • Degree: Bachelor's/Master's degree in Finance, Accounting, or Management field.
  • Experience: Minimum 2 years of experience in financial analysis, preferably within an IT environment.