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. QUALIFICATIONS • 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.