ANANDU NAIR
Coventry
Summary
Experienced and highly motivated professional with an extensive background in finance management/control, budgeting and forecasting with a Master’s degree in Banking and Finance coupled with my ongoing pursuit of ACCA qualification. Played a key role in Europe's largest mega project- HS2 project by effectively analyzing and reviewing the costs and monthly spending for the business unit. Demonstrable skills in Microsoft office, Oracle software, leadership, time management, and organizational skills.
Overview
2
2
years of professional experience
Work History
Trainee Assistant Financial Controller
Balfour Beatty Vinci HS2
11.2023 - Current
- Facilitated and chaired weekly cost meetings with the Project Management, Commercial team, and Project Director, ensuring precise cost allocation, spending and to inform key business decision making and strategic business planning
- Assist the business unit with financial data/cost reports regarding plant, material, and equipment’s for construction and advise the best use of assets/consumables to maximize value for the business
- Processed accounting journals for the business unit, maintaining accurate financial records
- Processed and reviewed balance sheets and reconciliations to ensure financial accuracy and compliance
- Strategically analyzed and processed month-end cost reports/cost build, forecasting future trends based on cost data and spot dis-allowed costs
- Collaborated seamlessly with the Senior Finance Management team to process and review mid-month and end-of-month cash flow, ensuring optimal financial liquidity and cut out unnecessary spending
- Analyze and present monthly cost reports and cost variances, along with future forecasts, to the Project Director and Senior Management team
- Completion and improvement of the monthly and quarterly financial cost reporting to support financial growth and inform accurate cost spending projections for the fiscal year.
Finance Site Support Officer
Balfour Beatty Vinci HS2
09.2022 - 11.2023
- Developed and executed strategic plans to optimize construction operations by implementing efficient cost management and budgeting strategies, resulting in a significant reduction in monthly spending and disallowed costs
- Assisted Senior Management in month-end cost reporting activities, allocating costs appropriately to enhance cost management and spending efficiency
- Initiated a comprehensive hire vs buy feasibility analysis, providing valuable insights to the operations team for informed spending decisions over the next 5 years
- Led the processing of weekly plant reports and spending, conducting productive meetings with the project and construction management teams to identify cost-saving opportunities and minimize disallowed costs
- Streamlined the invoice processing by implementing strategic plans, which resulted in a reduction of duplicate invoicing and improved overall performance productivity
- Oversaw the accurate processing and administration of labour hours for payroll purposes and internal reporting, ensuring reconciliation with clocking information and allocation details, and promptly addressing any discrepancies
- Assisted the manager in conducting mid and end-of-month cash flow analysis, taking appropriate actions to optimize cash flow management
- Fostered strong relationships with suppliers, driving process improvements, and generating efficiencies to expedite payment processing and maintain timely payments
- Prepared and presented weekly reports in a visually rich and insightful format, including recommendations and improvements to the Construction Operations team.
Administrative Assistant
Balfour Beatty Vinci HS2
03.2022 - 09.2022
- Monitored and controlled office inventory, ensuring adequate supply levels, timely product ordering and efficient management of company resources
- Managed on-site plant and material ordering, off-hiring, and maintaining purchase orders and documents
- Producing excel sheets and providing summary on a weekly basis for the works managers
- Streamlined operations by organizing files and documents to implement improved workflow and organization.
Education
MSc Banking and Finance -
Coventry University
Coventry, United Kingdom01.2020
BCom Banking and Insurance -
Mumbai University
Mumbai, India01.2019
Skills
- Knowledge of Oracle software and reporting
- Solution-focused techniques
- Complex problem-solving skills
- Leadership
- Adaptable and proactive
- Excellent verbal and written communication skills (good presentation skills)
- Time management
- Proficiency in Microsoft office
- Advanced numerical and analytical skills
- Cost/Finance Control
Accomplishments
- Achieved Level 7 certification in Professional Consulting through Chartered Management Institute (CMI).
- FAA Level 2 award in First Aid for Mental Health (RQF)
- Finance Head- Fiontrai Fest (Academic year- 2017-2018) SIES College, Mumbai University
- Vice-chairperson – Cultural committee (Academic year 2018-2019), Mumbai University
Timeline
Trainee Assistant Financial Controller
Balfour Beatty Vinci HS2
11.2023 - Current
Finance Site Support Officer
Balfour Beatty Vinci HS2
09.2022 - 11.2023
Administrative Assistant
Balfour Beatty Vinci HS2
03.2022 - 09.2022
MSc Banking and Finance -
Coventry University
BCom Banking and Insurance -
Mumbai University
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