BLR-US Finance Manager - 8-10Yrs

ROLE SUMMARY

PragmaEdge is looking for an experienced and detail-oriented Finance Manager to join our Bangalore team, supporting US-based operations. This role is suited for a finance professional with 8 to 10 years of hands-on experience across accounts receivable, accounts payable, general ledger, and project finance. The ideal candidate will bring strong analytical capabilities, a deep understanding of US financial processes, and the ability to collaborate cross-functionally with project managers and client stakeholders to ensure financial accuracy, compliance, and operational efficiency.

KEY RESPONSIBILITIES

Billing and Invoicing

• Collect and review employee time cards to ensure accurate billing and project cost tracking, working closely with teams to validate submitted hours.
• Prepare, review, and submit customer invoices accurately and on time, ensuring adherence to contractual terms and billing schedules.
• Maintain records of all invoices issued, monitor payment status, and escalate delays when necessary to ensure transparency and accountability.
• Track project milestones and align invoicing schedules accordingly, ensuring timely and compliant billing as per Statement of Work (SOW) and project progress.
• Monitor SOW documents for each project to ensure billing and project execution are in line with agreed-upon terms.

Accounts Receivable and Cash Flow Management

• Monitor accounts receivable and follow up with clients for outstanding payments to maintain healthy cash flow and reduce Days Sales Outstanding (DSO).
• Record and reconcile incoming client payments against invoices to ensure accurate financial records and reduce open receivables.
• Engage with clients to address and resolve billing discrepancies, payment issues, or other financial concerns promptly and professionally.

Project Finance and Reporting

• Track project financials including budgets, costs, revenues, and profitability, ensuring all project-related financial activities are accurately recorded and reported.
• Work closely with project managers to understand project status, billing milestones, budget utilization, and financial reporting needs.
• Support financial forecasting and annual budgeting by analyzing historical data, project trends, and future projections.

General Ledger, Reconciliation, and Month-End Close

• Perform monthly bank reconciliations to ensure all cash transactions are accounted for and discrepancies are identified and resolved.
• Reconcile general ledger accounts to verify the accuracy of financial data and support audit and reporting requirements.
• Assist in closing financial books in a timely manner by preparing journal entries, accruals, and reconciliations, and support year-end financial preparation.
• Analyze Profit and Loss statements to identify variances, understand cost drivers, and provide management with actionable insights.
• Review balance sheet accounts to ensure proper classification, completeness, and accuracy of reported balances.

Payroll and Compliance

• Coordinate payroll processing for US employees, ensure compliance with applicable tax regulations, and post payroll-related journal entries accurately.

MUST-HAVE SKILLS

• Hands-on experience in Accounts Receivable (AR), Accounts Payable (AP), and General Ledger (GL) functions.
• Strong proficiency in Record-to-Report (R2R) processes including period-end close, reconciliations, and journal entries.
• Experience working with QuickBooks or equivalent accounting software.
• Solid understanding of US billing, invoicing, and payroll compliance requirements.
• Demonstrated ability to manage project-based financials including budget tracking, revenue recognition, and SOW monitoring.
• Proven experience in bank and GL reconciliations, P&L analysis, and balance sheet review.
• Strong attention to detail with the ability to manage multiple priorities and meet deadlines consistently.
• Effective communication skills to engage with internal teams and external clients on financial matters.

NICE-TO-HAVE SKILLS

• Experience working in an IT services or professional services organization supporting US clients.
• Familiarity with US payroll platforms and multi-state payroll compliance.
• Exposure to ERP systems such as NetSuite, SAP, or Oracle in addition to QuickBooks.
• Experience supporting internal or external audits.
• Knowledge of financial forecasting models and working capital management.
• Ability to prepare management-level financial reports and dashboards.
• Bachelor's degree in Commerce (B.Com) or a related field is required.
• Master's degree in Finance (MBA Finance) or M.Com is strongly preferred.
• 8 to 10 years of progressive experience in finance and accounting roles with exposure to US operations.
• Prior experience in a cross-geography finance role supporting US-based stakeholders from an India delivery center is an advantage.