Finance Controller
British Telecom
Total years of experience :12 years, 5 Months
Finance and Accounts: Leading the financial close process for a monthly portfolio over £120m for the “Wholesale products” through the analysis of actuals, processing of Journals, etc. Review and closure of monthly P&L with FC. Validate internal monthly, quarterly, and annual reporting as per management and Central office requirements.
Forecasting & Variance Analysis: Drive annual five-year projections for the “Wholesale Products “totaling to a portfolio size £1.5bn annually and providing insights and analysis to senior management. Variance Analysis against Actuals, budgets, YOY and all reporting’s and reviews to FC and FD.
Compliance & Internal Controls: Ensuring compliance with Ofcom, financial regulations, coordinating with Stat auditors targeting zero percent compliance failure.
Credit and Cash Collection: Close liaising with the Sales Teams/Sector heads and Contract Managers along with FC to review receivables and timely recoveries. Monthly publishing of Debtors Reports and ensure adequate provisioning of the risks in the P&L
Stakeholder Management: Representing “Wholesale Products with senior management and commercial team. Managing strong relationship with other teams (Commercial team, Products team, Regulatory Reporting, etc.) and bring synergies by interacting and integrating with cross functional teams.
Team Management: Monitoring people performance, providing timely feedback, performing annual and mid-year appraisals. (Including people development, pipeline/skills monitoring, and training programs, ). Leading L&D forums for finance staff of 150 members.
Planning and Forecasting: Preparing Annual budget/five-year plans: forecast of capital expenditure, forecasting of operating profit, budgeting the annual expenses, staffing plan, project wise costing and profitability statement to monitor movement of key business indicators and facilitating decision-making process to the top management.
Finance and Accounts: Finalization of statutory accounts, consolidation of accounts as per Local GAAP and IFRS guidelines and, Liaoning with internal and external auditors.
Treasury and Financing: Preparation of cash flows, monitoring and ensuring accurate cash flows are maintained. Strengthen cash position via improved monitoring and follow-up of receivables and timely payment to providers; correspond with inter-co on all disputes/enquiries on billing/rebilling issues.
Secretarial Work: Working with the consultant to ensure that all financial statements are appropriately audited. Also, managing the board meetings and shareholder’s meetings.
People Management: Monitoring people performance, providing timely feedback, performing annual and mid-year appraisals. (Including people development, pipeline/skills monitoring, and training programs, ).
Mergers and Acquisitions: Working with Regional CFO around the valuation of the deals, negotiations and performing due diligence.
All India First Rank Holder for Management Level
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