Summary
Overview
Work History
Education
Skills
Languages
Timeline
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Akshay Nayak

Summary

Qualified Chartered Accountant having more than 2.5 years of experience in Business Finance controlling. Currently working closely with Senior Management (BU CFO) of one of the Business Unit of Siemens Mobility Division.

Overview

6
6
years of professional experience

Work History

Business Finance Controller

Siemens Limited
08.2023 - Current
  • Ensuring timely forecasting and analysis of all the KPIs I.e. Order Intake, Revenue, Margins, SG&A, Free cash flows
  • Prepare and Present Monthly MIS in an accurate and timely manner.
  • Conduct variance analysis to identify discrepancies
  • Oversaw preparation of Annual Budget while driving the discussion with India as well as overseas HQ management.
  • Responsible to manage BU P&L, review balance sheet and analyze financial data, trends and performance to provide meaningful insights and recommendation.
  • Driving monthly review of Overdue - Trade receivables, Contract Assets and Working Capital and FCF.
  • Preparing the Business Financial positions along with the associated Risks & opportunities in Monthly Operations Review (MOR).
  • Collaborate with cross-functional teams for financial planning & reporting.
  • Worked Closely with India Management in preparing the strategy dialogue and financial outlook for next 5 years to be presented at HQ strategy dialogue,
  • Coordinate and oversee internal and external audits and also preparation of data and information for audit to Internal, Statutory and Cost Auditors.
  • Reviewing and assessing the Risk in the Internal Controls for Siemens Entity as whole - TOE and TOD of internal controls.
  • Worked as Commercial Bid Manager on the International Metro bid.

Client Financial Management Analyst (FP&A)

Accenture
09.2022 - 08.2023
  • Reporting and Analyzing financials of assigned projects - Variance Analysis (Forecasted Vs Actual)
  • Determining the type under which revenue will be recognized and also determining the new sale is standalone or related to existing contract.
  • Creation of WBS and cost collector for different contract.
  • Weekly/Monthly calls with PM and resolving queries regarding invoicing and cost for the contract.

Account Officer - Internal Audit

Bharat Electronics Limited
05.2022 - 08.2022
  • Prepared Material Gate Pass Report for two business units of BEL.
  • Handled and prepared audit report regarding Purchase, Sub Contract report of one business unit & Conducted Dependents Audit of one business unit

Article Trainee (Internship)

M/s.D.B.Kulkarni & Co
04.2019 - 04.2021
  • Handled and Headed end to end work regarding tax audits of clients in apparel, foundry and chemical Industry having turnover between 50 lakhs to 15 crores.
  • Handled the account finalization and book keeping activities of firms and private limited companies
  • Part of a team in preparation Form 4 of Real Estate Regulatory Authority
  • Filing of Form 3CA, 3CB and advisory on basic income tax provisions such as TDS,TCS.

Education

Chartered Accountant -

Institute Of Chartered Accountant Of India
12-2021

Bachelor Of Commerce -

Rani Channamma University
Belgaum, India
10-2020

Pre University Course (12th Standard) -

Karnataka Board
Belgaum, India
04-2017

10th Standard -

Karnataka Law Society English Medium School
Belgaum, India
04-2015

Skills

    Microsoft Office

    Power Bi

    SAP

    Tally

Languages

English
Hindi
Marathi
Kannada
Konkani

Timeline

Business Finance Controller

Siemens Limited
08.2023 - Current

Client Financial Management Analyst (FP&A)

Accenture
09.2022 - 08.2023

Account Officer - Internal Audit

Bharat Electronics Limited
05.2022 - 08.2022

Article Trainee (Internship)

M/s.D.B.Kulkarni & Co
04.2019 - 04.2021

Chartered Accountant -

Institute Of Chartered Accountant Of India

Bachelor Of Commerce -

Rani Channamma University

Pre University Course (12th Standard) -

Karnataka Board

10th Standard -

Karnataka Law Society English Medium School

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Akshay Nayak