Senior Finance Manager

Job Title: Senior Finance Manager Staffing Industry

Location:

About the Role

Senior Finance Manager

Role & responsibilities

1. Financial Planning, Forecasting & Analytics

• Lead annual and quarterly budgeting cycles, financial forecasting, and long-term financial modelling tailored for staffing operations.
• Conduct revenue forecasting based on bill rates, deployment trends, client ramp-up plans, and market fluctuations.
• Build forecasting dashboards and cost-control frameworks to support leadership in strategic decision-making.
• Provide variance analysis, trend insights, and action-oriented recommendations to improve profitability.
• Generate and review P&L, balance sheet, cash flow statements, MIS, and month-end financial closures with high accuracy.

2. Expense Control & Financial Governance

• Design and implement cost-optimization strategies across recruitment, payroll, vendor management, and project operations.
• Monitor operating expenses, project margins, recruiter productivity cost, and compliance-related spend.
• Ensure strong internal controls, reducing financial leakages and enhancing process transparency.
• Review and approve capex/opex, vendor contracts, and financial commitments.

3. AR/AP, Billing & Cash Flow Management

• Oversee end-to-end

  Accounts Receivable

  , ensuring timely invoicing, proactive collection follow-up, and improved DSO (Days Sales Outstanding).
• Manage AR aging reviews, credit risk assessments, and escalation mechanisms for overdue accounts.
• Supervise

  Accounts Payable

  , ensuring timely vendor payments, expense validation, and adherence to contractual terms.
• Enhance overall cash flow through disciplined working capital management.
• Support reconciliation, dispute resolution, credit control, and onboarding of new clients/vendors.

4. Team Development & Process Optimization

• Lead, mentor, and upskill a high-performing finance team across AR/AP, reporting, and compliance.
• Develop robust

  SOPs

  for finance operations, ensuring governance, accuracy, and process continuity.
• Drive automation and digital transformation in financial workflows (billing automation, forecasting tools, approval workflows).
• Collaborate closely with

  Recruitment, Delivery, Payroll, HR, Sales & Operations

  to ensure seamless financial integration.

5. Compliance, Audit & Risk Management

• Ensure adherence to

  accounting standards (US and India)

  ,

  , Tax terms, labor laws (US and India)

  , and staffing industry statutory requirements

  (US and India)

  ,.
• Manage internal/external audits, ensuring zero non-compliance observations.
• Maintain accurate, audit-ready documentation and strengthen risk-control measures.

Liaise with external auditors, banks, insurance partners, and regulatory bodies as required.

Required Qualifications & Skills

• Bachelors or Masters degree in

  Finance, Accounting, Commerce, or related discipline

  .

• 10+ years of progressive finance leadership experience

  , preferably

  within the staffing or recruitment industry in India

  .
• Strong command over

  financial forecasting, budget management, cost control, AR/AP operations

  ,

  MIS reports

  and

  compliances

  .
• Hands-on expertise with financial/accounting tools (QuickBooks, ZohoBooks, SAP, NetSuite, Tally, or similar platforms).
• Proven experience in managing lean finance teams and building scalable processes.
• Exceptional analytical and problem-solving skills with high attention to detail.
• Strong stakeholder management, communication, and presentation abilities.
• Ability to operate in a dynamic, fast-paced environment with tight timelines and evolving priorities.

Preferred Attributes

• Experience working with

  high-volume staffing organizations.

• Knowledge of

  margin analysis, recruiter cost modelling, bench forecasting

  , and workforce deployment metrics.
• Strong negotiation abilities with vendors, auditors, and financial institutions.
• Demonstrated experience in driving

  financial discipline and operational excellence

  .