Who gets hired, and why
Java backend and full-stack
.NET
GenAI
Test
Cloud and DevOps
Full-stack
ERP and finance-application
Smaller groups
Java backend and full-stack engineers. The core of finance software is transactional. A purchase order becomes an invoice, a subscription becomes a bill, two ledgers are matched line by line. Java engineers build these engines, at the procurement suites, like Coupa and Procol, the subscription-billing companies, like Chargebee and Zuora, and Anaplan, the planning platform. Most of the roles are full-stack, so the postings require React, JavaScript and TypeScript as often as Java and Spring Boot, with MySQL underneath.
.NET engineers. Much of the software that reconciles accounts and closes the books was built on the Microsoft stack, and it is still being extended. .NET engineers build and maintain it, in C# with SQL, usually with React or Angular on top. They are concentrated at the reconciliation and close companies, like BlackLine and Trintech, and they are almost always hired with experience.
GenAI engineers. Finance is full of work that an AI agent can draft for a person to check. GenAI engineers build agents that run a sourcing event, read a tender or a licence agreement, explain why a reconciliation does not match, prepare a tax return or draft a board pack. The postings require Python with LangChain, MCP and the model services of AWS, and many require React for the screen around the agent. They are more common here than at most product companies.
Test engineers. In software that moves money and closes books, a wrong number is a serious failure, and testing has a firm place. Testers automate checks in Playwright, Selenium and Cypress with Java, and some postings add performance testing with JMeter, because month-end loads are heavy.
Cloud and DevOps engineers. Planning, billing and close platforms run as cloud services shared by many customers. Cloud and DevOps engineers run them, in Python, Java and Go on AWS and Kubernetes, and most of them work at Anaplan.
Full-stack engineers. A distinctive group works across a React front end and whatever back end the product uses, including Ruby on Rails at Coupa, the largest procurement suite. They are far more common here than at most product companies, and they take juniors readily.
ERP and finance-application developers. Some roles build and extend packaged finance products and connect them to a company's ERP. They are more common here than elsewhere in the product industry, and a small group of SAP specialists builds the extensions that sit on top of an SAP ledger.
Smaller groups. Frontend engineers build dashboards and tax screens, Python engineers work on software and subscription spend management, data engineers build planning and spend analytics, and mobile engineers appear at Anaplan.
Rare here. C/C++ systems engineering, firmware and Software Engineer, Security roles barely appear.
Where in the Industry Vertical the work is
Market Segment 11.3Financial close, FP&A and tax software hires the most. Closing the books, the reconciliation and close companies, hires .NET, test and GenAI engineers, and Planning and reporting hires cloud and Java engineers, mostly at Anaplan. Paying the tax hires little.
Market Segment 11.1Procurement and source-to-pay software is second. Buying things hires full-stack and Java engineers for procurement suites, and Managing what you own hires .NET, Python and Go engineers for software asset and subscription management.
Market Segment 11.2Subscription billing software is third and almost entirely Java, at the subscription-billing companies.
Market Segment 11.4Regulatory compliance software hires the least, mostly GenAI, test and .NET engineers for board and compliance software.
Several large companies listed here have their main home elsewhere. They are Rippling and Workday (Market Segment 12.1, in Industry Vertical 12, HR tech), Intuit (Market Segment 20.6, in Industry Vertical 20, Wealthtech and capital markets), Thomson Reuters (Market Segment 33.1, in Industry Vertical 33, News, publishing and social media) and Wolters Kluwer (Market Segment 43.2, in Industry Vertical 43, Legaltech). Their hiring is described where they live, not here.
Bengaluru has most of the work. Delhi NCR is an unusually strong second, mainly through Anaplan, and Chennai and Pune follow through the billing and procurement companies.