Senior Manager
Hewlett Packard
Total years of experience :23 years, 5 months
ö Transforming the business process for the business verticals by understanding the current process, mapping the same and suggesting improvements by implementing new business planning software (Anaplan)
ö Identified gaps in the current process and led the process of fixing the same giving the business teams a more efficient and integrated forecasting process in the North America Region ensuring increase in forecasting efficiency
ö Led the controllership function for Singapore managing a turnover of over USD 15 Bn
ö Automated the preparation of financial statements for 135 entities across the globe using Workiva.
ö Managed, coached and mentored a team of qualified professionals (6 direct and 10 dotted line)
ö Centralised audit function for HP across all regions resulting in a recurring saving of USD 3 Million.
ö Challenged the status quo of financial controls and influenced the setting up of new controls which are more dynamic and fool proof.
ö Set up controls and implementing them in addition to managing risk for new revenue models
ö Oversaw the FP&A and Supply Chain teams to have visibility of the sales forecasts and plan the production accordingly
ö Initiated a centralized audit approach reflecting the new HP structure thereby enabling a saving of 25% in audit fees across EMEA Region
ö Automated the tax forecast process resulting in a recurring annual savings and a recognition by the Global Controller
ö Led a team of professionals in ensuring business planning happens online in real time rather than through offline spreadsheets
Heading the finance function for all Regions (Middle East & Africa) where the company operates
Steered efforts in identifying system gaps and ensured they were removed to help in ease of operations thereby ensuring timely reporting of numbers for MIS and audit purposes.
Identified areas for saving costs and implemented them. Also ensured a 15% cost reduction by successfully negotiating contracts through a system of competitive bidding. (Savings of USD 75, 000)
Reduced the redundant manpower in the Finance team by 20%.
Spearheading the overall growth of IT Team by managing a budget of USD 70 Million.
Successfully created the business operations and handling a team of 6 professionals in Chennai.
Identifying & automating processes in SAP resulting in 25% time savings for the team
Played a key role in mobilizing the efforts for cost cutting.
Administering the automation of several reports in MS Excel resulting in more time for analysis than generation of reports
Heading the accounting and reporting team for 4 entities in UAE, Qatar & Kuwait.
Ensuring compliance with IFRS and Indian GAAP while closing the books of accounts
Managing a team size of 15.
Monitoring working capital position to ensure the return on capital employed is optimised
Mapping new processes in SAP to ensure better operational effeciency
Contribute to better corporate governance by identifying internal control weakness and implementing better controls.
Identifying means to reduce investment in working capital
Ensures compliance with JAFZA regulations
Was heading finance and admin functions (having team size of 20 members) for a stock point handling product volumes in excess of USD 250 Million p.a. Planning product movements and purchases.
Strengthened the internal controls by introducing division of responsibility and independent reporting structures.
Handling product accounting including pipeline stocks and in transit product billing. Establishing ownership of pipeline stocks.
Handled operational and financial audits of units and achieved cost savings in excess of USD 90000.
Established strong financial reporting, enhanced cost controls, introduced rate-checking system and ensured prompt collections. Gained excellent exposure to credit management and pricing policies.
Coordinated the purchases to ensure just in time inventory, resulting in an interest saving of USD 70000 pa
Realigned the goods distribution function resulting in savings of about USD 77000 pa.
Chartered Accountancy - Institute of Chartered Accountants of India Final - 52% First attempt May 2000 Inter - 63 % All India 50th Rank Foundation - 74 % All India 36th Rank Awarded best paper in Statistics having got 100%
Vivekananda College -75 % overall Distinction 100 % in Mathematics in the first year
Aggregate of 90%. Awarded merit certificate by CBSE for excellent performance in Accountancy.