Finance And Accounts Manager
IBM
Total years of experience :26 years, 10 Months
• 1. Forecasting & Analyzing expenses and reports it to BU leader, VP & Worldwide team.
2. Bring to the notice material variances and deviations by comparing Forecast & Actual and resorting to route cause analysis and appending the logical reasons.
3 Interacting with the World wide, S&D finance and value series team with respect to billing inputs, forecast etc.
4. Setting up ICAs, DoUs/SLAs and managing the ICAs, processing vouchers and Voucher entries
5. Billing against the ICAs and non ICAs (Pass through)
6. Currently performing the role of Business finance (Finance controller) duties by approving various expenditure of BU and travels in as per IBM Internal policies.
7. Extensively involving in Building Rate card and providing inputs to Quarterly & annually plans & forecast
8. Involved in internal GMC process and policy formulations
9. Automations and formats building
Asst. Manager - Finance & Planning and Accounts (FPNA) (Jul 2008 Jun 2011)
Work: Profile:
1. Analyzing contract Revenue /Cost GP and report to Region lead & Controller of Finance team in US.
2. Forecasting/Budgeting Contract wise/SPL wise and Division wise
3. Involved in closing activities like - Preparation of flash every day and having meetings with Region lead /Finance controller to analyze the contracts.
4. Analyzing thoroughly the troubled contract and suggesting remedial actions to be taken by the management.
5. Analysis & Reporting of channel wise Revenue for ITS & MTS, especially for Business Partner Organization and mapping trends
6. Analysis & Reporting on Net Controllable Expenses (NCE), understanding its drivers
7. Acting as a strong interface between F &P and Business partner Organization
8. Building a strong communication link between F&P and Business partner Organization
Responsible for improving the Financial and MIS systems, and as a primary scope of task, analyzing the financial statements like P & L Account and Balance sheet, and other operational and financial reports which include analyzing inventory reports, cash flow and providing integral data/information for the purpose of feasibility report. The profile involves extensive interaction of senior management on key issues and directly reporting to President and CEO of the group, and Corporate Office Director.
• Budgeting and financial control - detailed budgets and forecasting of revenues, departmental targets and expenditure
• Financial Model Building and creating Revenue scenarios
• Coordination - coordinating with the various branches for preparing, analyzing and for assimilation of the information
• Internal communications - staff meetings and events.
• Reporting - reporting on achievement, financial statements and other operational reports and analysis of the same.
• To seek and evaluate the projects and to involve in the preparation of feasibility studies of the projects.
• To prepare Finance Plan for the investment in the projects.
• To reconstruct the internal control procedures in SGH Group’s Divisions and subsidiaries companies.
• To help in providing information and data to deal with the International Development Funds e.g. IFC (World Bank), Islamic Development Bank (IDB) and Islamic Corporation for Development (ICD) etc
Responsible for maintaining of books of accounts, Preparation of Budgets and establishing budgetary control systems, supervising the subordinates task, auditing all subsidiary books, liaison with Banks and arrangement for financial needs like short tem and long term loans etc
• Responsible for preparations of Budgets and targets for Revenue and expenditures, preparation of cash flows, Tax memos, submitting the income tax and advance taxes to the department
• To supervise the subordinates tasks, and also responsible for disbursement of salaries and cash to the employees.
• Negotiations with the material & finance managers of the companies in relation to the pricing and contracts.
• Dealing with the various supplies and customers for the cash collection and credit days.
I have cleared CA - Inter, Pursuing CA final