Finance professional with areas of expertise in the fields of financial accounting (AP, AR, GL closing & reporting), financial planning & analysis (FP&A), projects with people management and leadership skills. Financial Accounting: Reporting and Analytics: - Responsible to prepare monthly, quarterly profit and loss statement, provide commentary for the variances between actual and budget and explain major variances in month end review calls with senior managers and head of units based in the UK. Financial Modelling: - Supported in developing user-friendly and insightful reports with advanced-excel functions, automation via excel macro and MS-Access. Pioneer in creating actual monthly cost analysis model, weekly cost reports, budget and forecasting models. Budgeting & Forecasting: - Involved in yearly budget and quarterly forecasting exercise for the IT departments. Responsible to analyze historical actual, analysis of drivers set for future year or months, plotting of drivers in forecasting model, analysis and provide variance analysis between previous actual cost and budget/forecast numbers. Projects: - Played lead role in various process improvement projects. Currently playing a key role in setting up the Reporting and Business Intelligence COE for FP&A. Developed an expense level trending analysis which helped in reducing the analysis time and ease in building the budgets and forecast.
Well versed with:
Accountancy S/W: Tally 5.4
Oracle Financials / Oracle Discoverer
Date of Birth: 6th June 1974
06/2009 to 03/2014
Team leadAce Insurance
Handled a team of 15 employees & reporting to the Asst.
V.P, preparing the Monthly / Quarterly / Annual MIS Instrumental in reviewing the P&L / analyzing the expenses and post the accruals or reclass the expenses.
Invoice processing to processing of payment and accounting.
Expense allocations to business.
Variance Analysis between actual and forecast / Plan and providing comments for the variances between the actual and the forecast and also includes a comparison of current to previous year Capitalization of expenses / WIP Providing Planning / Budgeting & Forecast support to the US controllers Conducting Balance Sheet Account Reconciliation and signing off the balances with proper back up for the balances Inter company accounting, reconciliations & settlements Acting as an In-charge for providing necessary information to corporate audit group on their request for any of the account (cost center combination) Demonstrated excellence in ensuring the completion of onsite transition from US for two of the critical processes Dexterously involved in the preparation of the plan for OJT and ensured the same is followed throughout the OJT BCP planning as a part of the crisis management Rigorously worked on resource mix to bring a positive impact to the P&L & EBIT of the account Handled the preparation of SLA 's/KPI's & and maintained 100% SLA's for a consecutive period of 3 years 2 level back up creation in critical areas of the process Pivotal in maintaining a promoter score for 3 consecutive years of NPS Holds the merit of handling the transition of VOC scores for all transitions handled Deftly involved in submitting more than 10+ Lean ideas as an individual contributor and also as a team manager which has brought 1.7 FTE of productivity Successfully registered a saving for the client by handling couple of transitions remotely instead of travel which has given an impact of USD 30k to the customer Dec' 02 - Jul' 07 with Satyam Computer Services Limited, Bangalore as Executive- Finance & Accounts.
08/2007 to 05/2009
Standardized the Balance sheet account reconciliation / accounting process and created ownership.
Overall saving of USD 3.5 to 4 m.
Set up a pre & Post close analysis process helping the analysts to avoid major explanations to variance Business Continuity Planning : Significant accomplishments: Team Management Train, equip the team members to gain wing-to-wing process knowledge and job rotation plan with in the team members Ensure that there are absolutely no escalations in the process, thereby achieving the best VOC scores Cross training within the team members and creating back up for each other to ensure the process functioning smoothly.
Streamlining the process, putting control measures in place for the process gaps and improving the processes for enhanced productivity and customer centricity.
Monthly team performance review by identifying the high & low performers and nominating the low performers to the necessary trainings and also recognizing and rewarding the best performer in the process Review the Standard Operating Procedure with the client from time to time.
Managing Costs and actively involving in cost saving ideas implemention and achieving the best results to the process.
Preparation and Presentation of monthly/quarterly KPI metrics thru dashboards to leadership and Onshore teams Remote transitioning, documentation of new processess and designing the KPI's and TAT's for the process Annual performance appraisals i.e.
Performance Management) discussions with the team members.
12/1996 to 12/2002
Accounts Officerwith Indu Spin Industries Limited
InterInstitute of Cost & Works Accountants of India