IT Project Finance Professional

Candidate Specification

• Candidate should have 6+ years of experience in IT Project Finance Assist in the preparation of financial models, forecasts, and cost estimates for IT projects.
• Analyze project costs, budgets, and financial performance to identify trends and variancesSupport the development and monitoring of project budgets.
• Track actual costs against budgeted amounts and assist in identifying cost-saving opportunities.Collaborate with project managers to ensure accurate financial planning and budgeting.
• Assist in the preparation of financial reports and presentations for project stakeholders.
• Provide updates on project financial status, variance analysis, and financial projections.Revenue recognition of Time & material and Fixed Price contract.
• Application of POC method of revenue recognition.Assist in identifying and assessing financial risks associated with IT projects.
• Contribute to the development of risk mitigation strategies and recommend actions to minimize project financial risks.As financial governance ensuring compliance with financial policies, procedures, and regulations.
• Assist in establishing and maintaining financial controls and governance frameworks for IT projects
• Collaborate with procurement and vendor management teams to evaluate vendor proposals, negotiate contracts, and manage vendor relationships.
• Assess the financial impact of vendor contracts and support cost-effective vendor selection
• Identify and assess financial risks associated with IT projects.
• Develop risk mitigation strategies and contingency plans to minimize financial impact.Assist in the development of business cases for IT projects, including financial analysis, cost-benefit analysis, and return on investment calculations. Contribute to project feasibility assessments.
• Collaborate with project managers, IT teams, and finance teams to provide financial insights and support.
• Assist in communicating project financial information to stakeholders.
• Identify opportunities for process improvement and automation within the IT project finance function.
• Contribute to the implementation of best practices and tools to enhance efficiency
• Candidate should be flexible with the shift timings

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