Finance Manager

About the Company

At Saxon AI, we’re redefining what’s possible with Artificial Intelligence solutions — empowering businesses to make smarter, data-driven decisions.

We’re looking for a Finance professional who’s passionate about leading and managing the financial operations of a fast-growing AI organization.

In this role, you’ll:

💡 Drive accurate financial reporting, budgeting, and forecasting

📊 Ensure compliance, efficiency, and profitability across projects

🤝 Collaborate with stakeholders to support strategic decision-making

Exp: 12-16yrs

Location: Hyderabad

Mode: WFO

Shifts: 2-11PM IST

Key Responsibilities:

Financial Planning & Analysis

• Prepare and manage annual budgets, forecasts, and periodic financial reviews.
• Analyze financial performance and provide insights to improve profitability, cost efficiency, and capital utilization.
• Conduct variance analysis and provide insights on revenue trends, margins, and cost control.
• Support leadership in financial modeling, business projections, and growth planning.

Project & Operational Finance

• Monitor project-level P&L, resource utilization, and gross margin performance.
• Review timesheets, billing hours, and ensure accuracy of project cost allocations.
• Coordinate with delivery and sales teams for project cost estimations, pricing, and renewals.
• Manage invoicing cycles, revenue recognition, and client payment follow-ups.

Compliance & Reporting

• Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements.
• Handle statutory audits, tax filings, and regulatory compliance (GST, TDS, PF, etc.).
• Maintain compliance with company policies, accounting standards, and legal requirements.

Business Finance & Decision Support

• Partner with delivery and sales teams to monitor project-level margins, pricing, and cost structures.
• Review client contracts for commercial and financial implications.
• Lead financial due diligence and integration activities for potential mergers, acquisitions, or partnerships.

Process Excellence

• Develop and implement strong internal controls and financial procedures.
• Streamline reporting processes through automation and ERP enhancements.
• Partner with HR for payroll validation, variable pay computation, and benefits accounting

Team & Stakeholder Management

• Supervise the accounts and finance team to ensure accuracy and timeliness.
• Collaborate with cross-functional teams (Delivery, HR, Sales, Procurement) for smooth financial operations.
• Present financial summaries and recommendations to management for informed decision-making.

Financial Oversight

• Manage payroll budgeting, forecasting, and variance analysis.
• Provide insights on workforce cost trends and financial impact of compensation changes.
• Ensure proper accounting and audit compliance for payroll transactions.

Nice to have

• Licensing Sales Accounting
• Track and reconcile revenue from licensing deals and partner contracts.
• Ensure accurate recording of licensing income, commissions, and deductions.
• US accounting experience

Qualifications & Experience:

• MBA in Finance (preferred).
• 13–16 years of experience in finance management, in an IT services or technology organization.
• Strong understanding of project-based accounting, cost allocation, and margin tracking.
• Proficiency in financial software (Tally, Zoho Books, SAP, or other ERP systems).
• Advanced Excel and financial modeling skills.
• Excellent communication, leadership, and analytical abilities.