Sr Excecutive
HCL Technologies
Total years of experience :13 years, 8 Months
HCL TECHNOLOGIES, NOIDA DEC -2014 - TILL DATE
Senior Executive
• Budgeting: Yearly budgeting for HCL projects, guiding the business in financial aspects. Establishes and maintains relationships with business leaders to guide and influence decision-making
• Forecast - Manage monthly financial forecast process. Implement procedures to ensure forecast deliverables and variance analyses are met on a timely basis. Manage and understand unit costing model (supply vs demand) as it relates to the delivery on the contract. Escalate issues as required.
• Month end close/statutory process - Manage month end close process to meet all deadlines, manage vendor accruals, Project set up and reporting, Intercompany invoicing, capex approval etc.
• Management Reporting - P&L forecasting and analysis, Monthly projects reports for the leadership. Extract financial data out of SAP systems and develop/maintain reports that support the day to day. Analyze trends and variances.
• Analytic support to business initiatives, typically representing a sub-function within finance for a particular business.
• Client Relations - Serve as primary liaison with the account team, establishing and managing financial processes to meet budget deliverables. Analyze and understand variances in all gross to net sales components and drive improvements in the process
• Special Projects - Perform and manage special projects as assigned/ Financial Modeling, Amortization model (assets residual value).
• Contract Management : Managing multiple business contacts, tracking the sub contracts (Cost/Revenue), MOU’s
• Managing the Pricing Models for the business, taxation report.
• Interaction with leadership on regular basis in order to maintain the financial health of the running projects.
COGNIZANT TECHNOLOGIES SOLUTIONS (HYDERABAD) FEB -2012 MARCH 2013
PROCESS SPECIALIST: (PNL RECONCILIATIONS)
• Forecast - Manage monthly financial forecast process. Implement procedures to ensure forecast deliverables and variance analyses are met on a timely basis. Manage and understand unit costing model (supply vs demand) as it relates to the delivery on the contract.
• Analytical support across a wide range of areas including planning, reporting and financial operations in support of Cognizant Global Services for US business.
• Month end close/statutory process - Manage month end close process to meet all deadlines, manage vendor accruals, Project set up and reporting, Intercompany invoicing, capex approval etc.
• Management Reporting - P&L forecasting and analysis, Monthly projects reports for the leadership. Extract financial data out of SAP systems and develop/maintain reports that support the day to day. Analyze trends and variances.
• Develop and maintain financial reports to clearly communicate actual results, forecasted performance, and variances to plan, forecast and budget.
• Produce clear, well-formatted reports that communicate a clear, compelling message for their stakeholders
• Compile and update data rolling spreadsheet of proposed projects, contracts and status of both for each fiscal year
• Conduct ongoing work with IT to streamline database and accommodate new needs to capture the necessary project information.
REPORTING
• Monthly review of marketing expenses for Deloitte US region and analysing as per the budget.
• Variance analysis of expenses
• Complete responsibility of accruals / billings for marketing cost centres on a monthly basis.
• Trend Analysis for the major cost components under Contractual, T&L heads
• Handling queries for respective cost centres on the expense drivers
Headcount Analysis
• Review of Headcount numbers (Business FTE/ TP resource counts)
• Providing the headcount walk to the functional manager showing the walk from Plan to Actual
Business Management reporting
• Acting as primary interface between onshore and the team
• Preparation of comprehensive monthly dashboards to provide a summary and detailed view of the performance of the business depicting the expenses and headcount information & comparison of the same vis-a -vis planning, forecasting and identification of the key business drivers and trends.
• Streamlined the process of monthly closing and reporting
• Preparation of various tailor made reports as per the requirement of Management
• Facilitating in defining and tracking KPI metrics & Scorecard on a monthly basis for the process in terms of timeliness, accuracy, initiatives etc for
Price Verification & Off-market Rate Checking at instrument level
Preparation of various P&L & Headcount reports,
Monthly variance reporting and reporting of any issues.
Communication of the daily PnL results along with commentary for variance from estimate to consolidate and reporting PnL to the desks.
Processing of the assignments within SLA’s and TAT.
Interaction with Profit Center for various business reports
BBA