Job Details

Experience Required:

5–10+ years (preferably in staffing, consulting, or services industry)

Job Summary

We are looking for a Finance Manager to oversee financial planning, reporting, compliance, and revenue tracking for our staffing business. The ideal candidate should have strong expertise in billing cycles, client invoicing, payroll finance, and statutory compliance, with a clear understanding of staffing revenue models.

Key Responsibilities

1. Financial Planning & Analysis (FP&A)

• Prepare budgets, forecasts, and financial models aligned with business targets

• Track revenue vs. targets (monthly, quarterly, yearly)

• Analyze profitability by client, project, and business unit

• Provide strategic financial insights to leadership

2. Revenue & Billing Management

• Oversee client invoicing (T&M, fixed cost, contract staffing billing)

• Ensure accuracy in timesheets, billing cycles, and rate cards

• Monitor collection cycles (DSO – Days Sales Outstanding)

• Coordinate with sales and delivery teams for revenue realization

3. Payroll & Contractor Payments

• Manage payroll processing for internal employees and deployed consultants

• Ensure timely salary payouts and contractor/vendor payments

• Handle incentive and commission calculations (recruiters/sales teams)

4. Accounts & Financial Reporting

• Maintain books of accounts (AP, AR, GL)

• Prepare monthly, quarterly, and annual financial statements

• Conduct variance analysis and cost control

• Ensure accurate revenue recognition

5. Compliance & Taxation

• Ensure compliance with GST, TDS, PF, ESIC, and labor laws

• Handle audits (internal and external)

• Manage statutory filings and documentation

• Stay updated with financial regulations impacting staffing businesses

6. Cash Flow & Working Capital Management

• Monitor cash flow and liquidity position

• Optimize working capital (receivables vs payables)

• Plan fund allocation for payroll-heavy staffing operations

7. Vendor & Client Financial Coordination

• Manage financial contracts and payment terms with clients

• Coordinate with vendors for billing and reconciliation

• Resolve disputes related to invoices and payments

8. Leadership & Process Improvement

• Build scalable finance processes for growing staffing operations

• Lead and mentor finance/accounting team

• Implement automation tools (ERP, billing systems, payroll software)

Required Skills & Competencies

• Strong understanding of staffing business models (contract, permanent, RPO)

• Expertise in billing cycles, invoicing, and revenue tracking

• Knowledge of Indian taxation (GST, TDS) and labor compliance

• Proficiency in accounting tools (Tally, SAP, Zoho, QuickBooks, etc.)

• Advanced Excel and financial modeling skills

• Strong analytical and problem-solving abilities

Preferred Qualifications

• MBA Finance

• Experience in IT or Non-IT staffing companies

• Exposure to high-volume payroll and contractor management

Key Performance Indicators (KPIs)

• Revenue realization rate

• Days Sales Outstanding (DSO)  

• Billing accuracy & turnaround time

• Cost optimization and profit margins

• Compliance and audit success rate

• Cash flow efficiency

Reporting To:

CFO / Finance Director / CEO