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Associate Director - Finance

Associate Director - Finance

Saxon AIDelhi, India
3 days ago
Job description

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 : 13-16yrs

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.
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    Director Finance • Delhi, India

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