Akash Shah
Pune
Summary
Results-driven Cost planning SME with approximately 20 years of success leading financial and business management activities for high-performing global organizations. Exceptionally talented in establishing robust internal controls, guidelines, and procedures to support complex forecasting and budget administration. Proven track record in nurturing talent and building influential cross-functional relationships to drive organizational objectives. Results-driven Delivery Head known for highly productive and efficient task completion. Specialize in strategic planning, team leadership, and operational optimization. Excel at communication, problem-solving, and adaptability, ensuring seamless delivery operations and stakeholder satisfaction. Committed to driving continuous improvement and leading teams to achieve objectives with precision and professionalism.
Overview
17
17
years of professional experience
Work History
Delivery Head – Technology Finance & Workforce
HSBC
05.2020 - Current
- Financial Control: Lead planning, reporting, and target setting for Data Technology, managing a $300M cost base and 2,000 FTEs.
- Shared Services Transformation: Spearheaded the inception of Finance Shared Services, improving process efficiency by ~50%.
- Stakeholder Management: Proactively manage relationships with GCIO customers and internal stakeholders to resolve disputes and drive clear communication.
- Cost Optimization: Standardized forecasting, accrual, billing, and PO processes via Shared Services while defining overhead allocation methodologies for HSBC Tech.
- System Innovation: Implemented Qlik Sense Finance Dashboards with 100% data integrity and reduced ledger redundancy by consolidating 17,000 accounts to 8,500.
- Strategy: Define multi-year FRP profiles and provide financial insights for a $350M GCIO governed portfolio.
Associate Director – Finance & Business Management
UBS
05.2016 - 05.2020
- Financial Oversight: Managed operating plans and forecasts for a $300M Finance division.
- Contract Management: Successfully managed the insourcing of contracts from third-party vendors into Group Finance.
- Executive Governance: Facilitated Exco meetings and prepared performance reviews highlighting risks, opportunities, and people engagement.
Senior Manager – Technology BM Finance
MORGAN STANLEY
01.2011 - 12.2016
- P&L Analysis: Performed run-rate and per FTE/FTC analysis on a $100M cost base, resolving questionable financial entries.
- Workforce Strategy: Executed staffing strategies by identifying subscale teams and team structure fragmentation; provided recommendations on FTE-to-Consultant ratios.
Senior Analyst – Finance
CREDIT SUISSE
10.2008 - 01.2011
- Financial Reporting: Delivered variance analysis for cost lines and headcount.
- General Ledger: Configured key data elements, including chart of accounts and cost centers, to facilitate month-end tasks.
Education
MBA - Finance
ICFAI University
Mumbai04-2007
Bachelor of Management Studies -
Mumbai University
04-2003
Skills
- Costs Planning and Forecasting
- Budget Administration
- Financial Resource Plan (FRP) development
- Building Finance Shared Services/COEs
- Process Transformation
- Workforce Strategy
- Ledger Account Optimization
- Qlik Sense Dashboard Implementation
- Implementation Internal Billing Systems
Early Career History
- Lehman Brothers, Senior Accounting Analyst – Finance, 01/01/05, 01/01/08
- JP Morgan, Team Member – Finance, 01/01/04, 01/01/05
- Mehta Surgicals Ltd, Accounts Executive, 01/01/04, 12/31/04
Timeline
Delivery Head – Technology Finance & Workforce
HSBC
05.2020 - Current
Associate Director – Finance & Business Management
UBS
05.2016 - 05.2020
Senior Manager – Technology BM Finance
MORGAN STANLEY
01.2011 - 12.2016
Senior Analyst – Finance
CREDIT SUISSE
10.2008 - 01.2011
MBA - Finance
ICFAI University
Bachelor of Management Studies -
Mumbai University