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Assistant Finance Account Manager

2 weeks ago

Chennai, Tamil Nadu, India INNOPPL IT SERVICES Full time

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.