PMO-Financial Analyst

Brief DescriptionRole - PMO-Financial Analyst Qualification - MBA Finance Yrs of exp - 6-10yrs  

1.    PMO Coordination & Governance: ·       Oversee project management processes and ensure compliance with project governance frameworks. ·       Track and report on the progress of projects, ensuring they align with timelines, budgets, and scope. ·       Support project managers in resource planning, budgeting, and risk management. ·         Monitor project performance, reporting on key performance indicators (KPIs) and deliverables.
2.    Financial Analysis & Budget Management: ·       Develop, manage, and track project budgets and financials across the entire portfolio aligning with organizational financial goals ·       Perform cost-benefit analysis and financial forecasting to help stakeholders make informed decisions. ·       Analyze and report on variances between projected and actual project costs. ·       Ensure that financial resources are allocated efficiently to various projects and initiatives. ·       Monitor the financial performance of the projects/contracts and provide variance analysis.
3.      Cost Optimization ·       Identify cost-saving opportunities across projects without compromising quality. ·       Implement strategies to optimize resource allocation and utilization.
4.      Risk and Financial Control: ·       Assess financial risks associated with projects and develop mitigation plans. ·       Monitor spending and ensure adherence to financial controls, policies, and guidelines. ·       Conduct financial audits or reviews as required.
5.   Reporting & Communication: ·       Generate detailed financial reports and dashboards for stakeholders, highlighting key metrics like ROI, cost variance, and profitability. ·       Provide actionable insights to improve financial efficiency. ·       Collaborate with senior management to support strategic financial planning and portfolio management.
6.      Stakeholder Management: ·       Engage with key stakeholders to understand their financial needs and ensure projects are aligned with organizational financial goals. ·       Collaborate with project managers and finance teams to ensure transparency in financial matters. ·       Facilitate regular updates to stakeholders on financial health and project progress.
7.      Tool & Process Optimization: ·       Utilize project management and financial tools (such as Microsoft Project, SAP, or other PMO/financial software) to streamline financial tracking and reporting. ·       Identify inefficiencies in financial processes and implement improvements. ·       Drive initiatives to enhance financial governance and accountability.Preferred SkillsPlease share the details below while sharing resume. Total ExperienceCTCECTCNoticeReason for changeCurrent locationPreferred location