Amaresh Singh
Financial Planning & Analysis
Hyderabad,Hyderabad
Summary
Dynamic finance professional with extensive experience at Novartis, excelling in financial planning and analysis. Proven track record in optimizing budgeting and forecasting, driving efficiency through data analytics, and ensuring governance compliance. Adept at project management and delivering actionable insights that enhance decision-making and support strategic objectives.
Overview
17
17
years of professional experience
6
6
Certification
Work History
Senior Manager – Global Business Planning & Analysis
Novartis Healthcare India Pvt. Ltd, Hyderabad
Hyderabad
05.2019 - Current
- Optimized budgeting, forecasting, and variance analysis for global expenditure reporting.
- Delivered consistent updates on third-party spending versus budget to senior leadership teams.
- Partnered with procurement to present significant spending areas using data insights.
- Oversaw month-end close activities along with pre-close and landing analysis for global expenditures.
- Created detailed monthly cost transparency reports for specific spending categories.
- Worked alongside budget owners and procurement to ensure efficient financial management.
- Assembled various financial reports into a unified presentation for leadership evaluation.
- Diagnosed governance risks while analyzing impacts and recommending risk mitigation measures.
Sr. Financial Analyst – Financial Planning & Analysis
Amazon Development Center India Pvt. Ltd, Hyderabad
Hyderabad
04.2014 - 04.2019
- Managed portfolio exceeding $100M across seven cost centers and 52 countries.
- Analyzed payroll statistics to identify financial trends against year-over-year budget.
- Developed and managed five-year strategic plan for operating expenses.
- Prepared monthly accruals and journal entries with global accounting teams.
- Created global OPEX metrics and provided variance commentary for payroll leadership review.
- Reclassified journal entries upon leadership approval to ensure accurate cost allocation.
- Reviewed monthly financials, reporting unexpected costs to accounting teams.
- Maintained vendor communications for timely payment of approximately $800K monthly.
Analyst
Sun Life Financials
Gurugram
11.2011 - 04.2014
- Analyzed monthly operating results versus prior year and budget to track strategic objective progress.
- Executed variance analysis for actuals compared to budget and forecast, clarifying identified variances.
- Conducted pricing strategy assessments and cost optimization analyses for capital investment projects as needed.
Associate
Patni Computers
Noida
12.2009 - 10.2011
- Determined and tracked budget expenses with accuracy and transparency.
- Developed financial analysis reports and presentations by applying acquired financial principles.
- Conducted variance analysis for actuals vs. budget and forecast and provided explanations for identified variances.
Executive
IBM (Concentrix)
Gurugram
08.2008 - 12.2009
- Managed accounts payable and receivable activities including invoice processing, payments reconciliation.
- Generated weekly, monthly and quarterly reports summarizing key financial metrics.
- Assisted in the preparation of audit documents, such as reconciliations and journal entries.
Skills
- Finance planning and analysis expertise
- Budgeting and forecasting methods
- General ledger reporting
- Month-end closing procedures
- Modeling financial scenarios
- Efficiency-driven initiatives
- Project management skills
- Governance compliance standards
- Audit-ready practices
- Documentation of RFPs for acquisitions
- Effective project execution
- Data analytics tools
- Cost optimization
- Risk assessment
- Strategic planning
Accomplishments
- Helping Novartis Global Procurement PMO, enabling a third-party cost transparency report to executive management LT
- Led the T&E Analytics Project, incorrect CUR billing in local ERP, along with Concur KPIs onboarding ($290M)
- Payment accuracy metrics (PAM) – reduced to 1% from 19.6% (LSSGB project)
- Inappropriate FCR submission (payroll ticket submission) – reduced to 2.5% from 63%
- Automation in the forecasting process resulted in savings of 350 hours of manpower per year
- Payroll vendor (ADP and Aussiepay) cost optimization and incorrect billing (overpayment recovery $907K)
Certification
- MBA, Amity University (Noida)
- Diploma in German Language– MMB, New Delhi
- Lean Six Sigma Green Belt (LSSGB) certified, Amazon
- RPA Business Analyst (Automation 360) – AAU Certified
- Project Management (PMI) Certified
- TM1 Cognos Reporting (Forecasting & Budgeting) Certified
Languages
Hindi
First Language
English
Proficient (C2)
C2
German
Upper Intermediate (B2)
B2
Timeline
Senior Manager – Global Business Planning & Analysis
Novartis Healthcare India Pvt. Ltd, Hyderabad
05.2019 - Current
Sr. Financial Analyst – Financial Planning & Analysis
Amazon Development Center India Pvt. Ltd, Hyderabad
04.2014 - 04.2019
Analyst
Sun Life Financials
11.2011 - 04.2014
Associate
Patni Computers
12.2009 - 10.2011
Executive
IBM (Concentrix)
08.2008 - 12.2009
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