Summary
Overview
Work History
Education
Skills
Languages
Extracurricular Activities
Disclaimer
Personal Qualifications
Personal Information
Timeline
Generic
ANKIT JAIN

ANKIT JAIN

Delhi

Summary

Seasoned Cost Controller with a proven track record at Ramboll India Pvt Ltd, adept in budgeting, financial forecasting, and showcasing strong communication skills. Excelled in enhancing cost efficiency and financial reporting accuracy, leveraging expertise in SAP and Hyperion. Demonstrated leadership by driving team development and achieving significant process improvements.

Overview

10
10
years of professional experience

Work History

Cost Controller

Ramboll India Pvt Ltd
Delhi
11.2023 - Current
  • Working with senior leaders and FP&A business heads to provide them support on the preparation of annual budgets and half-yearly forecasts.
  • Responsible for budget and forecast inputs for different expense categories in the tool for various departments and sub-departments.
  • Mentoring, supporting, and motivating the team, and promoting their development and integration into the positive values and culture within the organization; planned assessing of skills, values, and knowledge of the team as per the standards that apply to their roles as individuals and as a team.
  • Preparation of Monthly and Quarterly Operating Results (MOR), and Think Cell waterfall charts for management on a monthly basis to show the comparison for Budget vs. Actual (YTD) and Budget vs. Forecast results, along with variance analysis and their commentary.
  • Analyzing the current process and recommending methods to improve the process.
  • Preparation of the monthly payroll report and dashboard, mainly focusing on headcount and forecast, including plan vs. actual results.
  • Responsible for preparing expense reallocation on a monthly basis and getting it approved by finance managers before uploading it into the system.
  • Effectively communicated with business partners on day-to-day deliverables.
  • Responsible for the preparation of SOPs and making new updates received from the business on a timely basis.
  • Preparing the cash flow statement on a monthly basis and validating the numbers with the business as well.
  • Prepare and present monthly, quarterly, and YTD results for multiple business lines via reporting decks.
  • Prepare a monthly headcount analysis, and ensure the completeness of the correction.
  • Consolidate the monthly Flash and P&L reports from countries across the US.
  • Prepare the actual HC and short-term forecast report on a monthly basis to show the joiners and leavers' positions to management.
  • Prepare the monthly trend analysis (previous month actual vs. current month actual) report, and submit it to the business.
  • Preparation cost allocation file on a monthly basis, and ensure that all businesses have received the right cost.
  • Prepare the activity tracker for the month, and ensure that all the activities are performed in a timely manner.
  • Preparing the variance analysis file for the month, and also checking that there are no additional costs charged to the business.
  • Taking a monthly call with the business and ensuring that all the necessary actions have been taken.
  • Publish all the necessary reports that are required for business.
  • Using Power BI for quick and accurate data.
  • Analyzing and monitoring the cost in relation to the monthly reporting, budget, and forecast purposes.
  • Apply and share the risks and opportunities in business in order to avoid any losses, if any.
  • Working on the new developments and implementation of cost control techniques.
  • Executed management-directed tasks.

Team Leader Internal Finance

IHG Corporate
10.2022 - 10.2023
  • Prepared monthly financial analysis, variance analysis (Actual vs Forecast and Actual vs Budget) and management reports
  • Prepared monthly trend analysis ( Previous month Actual vs current month actual) report and submit to Business
  • Preparation and analysis of P&L for US entities on monthly basis and review it to the MD before uploading the numbers in HFM
  • Prepared presentation for stakeholders and explaining main cost drivers and reason for changes from last vs current forecast
  • Prepared cash flow statement and uploading the numbers in HFM
  • Using smart view option under HFM for supporting financials
  • Connected Team for any new changes in HFM
  • Prepared month end bathes using HFM
  • Prepared TGOP reports for the Hotels using HFM
  • Compared actual results against annual budget and rolling forecast for IT & BS LOB’s for US entities and perform variance analysis to explain differences in performance
  • Prepared the Forecasting report on a weekly basis
  • Prepared actual HC and Short term forecast report on monthly basis to show the joiners and leavers position to management
  • Responsible to prepare and post accruals, prepayments and reallocation JV’s during month end and get it approved by Finance Managers before uploading it into the spectra tool
  • Prepared cash flow statement on a monthly basis
  • Prepared other financial reports, trackers, monitoring reports etc as required for regional & global analytical purposes
  • Performed miscellaneous job-related duties as assigned by management
  • Closely monitored P&L, spotting out any discrepancies and getting them corrected during month/year-end

Assistant Manager

Genpact India Pvt Ltd
01.2018 - 06.2022
  • Lead team of 3 FTE's and administering for their conduct & reviews; participating in hiring and training activities for the team
  • Preparation of Consolidated report for Expense exhibits, cash flows, and notes to show the MTD(Previous year vs Current year ), YTD cost comparison for different groups
  • Monthly Headcount Analysis Presentation-Providing actual costs/ FTE count versus budgets on monthly basis by function and by the department
  • Periodic management reporting and reviews including business reporting, monthly performance reviews, expense forecasts, etc
  • Prepared Cash flow statement using HFM
  • Prepared month end financials using HFM
  • Effectively communicated with senior stakeholders on day-to-day deliverables
  • Client interaction on weekly/bi-weekly calls

Financial Analyst

Accenture Services Pvt Ltd
05.2015 - 01.2018
  • Responsible to provide support in budget preparation and forecast and providing different analyses
  • Compared actual results against budgets and forecasts on a monthly basis and performed variance analysis with commentary to explain the differences in performance and find causes of unexpected variance
  • Performed the month-end close activities for the region, including monitoring accruals, prepayments, invoice payments, variance analysis, and reporting
  • Prepared quarterly and monthly financial reports and other project reports as requested by the management
  • Preparation / Review of Balance Sheet accounts on a quarterly basis and resolved outstanding issues related to account reconciliations

Education

MBA -

Shubharti University
01.2024

CMA Inter Qualified -

I.CA.I.
12-2013

Some College (No Degree) - B.com (P)

Delhi University
School Of Open Learning

Skills

  • Budgeting
  • Financial forecasting
  • Financial Statement
  • General accounting
  • Treasury
  • Strong communication skills
  • Financial planning
  • Variance analysis
  • Ability to work flexibly
  • PeopleSoft
  • SAP
  • Blackline
  • Essbase
  • Smart view
  • Hyperion
  • Cost analysis
  • Cost reduction strategies
  • Invoice verification
  • Cost reconciliation
  • Cost estimating

Languages

  • English
  • Hindi

Extracurricular Activities

Participated in 'Inter School Cricket Match'. Participated in 'Inter School Badminton Championship'.

Disclaimer

I hereby declare that the information given above is true to the best of my knowledge and belief and can be supported with reliable documents when needed.

Personal Qualifications

  • B.COM (Pass), Delhi University, 2012
  • MBA, Shubharti University, 2024
  • CMA Inter Qualified, I.C.A.I., 2013

Personal Information

  • Father's Name: Sh. Praveen Kumar Jain
  • Date of Birth: 04/19/88
  • Gender: Male
  • Nationality: Indian
  • Marital Status: Married

Timeline

Cost Controller

Ramboll India Pvt Ltd
11.2023 - Current

Team Leader Internal Finance

IHG Corporate
10.2022 - 10.2023

Assistant Manager

Genpact India Pvt Ltd
01.2018 - 06.2022

Financial Analyst

Accenture Services Pvt Ltd
05.2015 - 01.2018

MBA -

Shubharti University

CMA Inter Qualified -

I.CA.I.

Some College (No Degree) - B.com (P)

Delhi University

Similar Profiles

CREATE PROFILE
ANKIT JAIN