Summary
Overview
Work History
Education
Skills
Timeline
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Ankit Sanadhya

Summary

Results-driven professional with strong analytical skills and a commitment to organizational success. Contributed to achieving an annual revenue target exceeding 140 million euros while managing major accounts in Indonesia and Korea. Led complex cross-country projects involving equipment, services, and warranties, ensuring operational excellence. Recognized for expertise in SAP with multiple accolades for enhancing team performance and efficiency.

Overview

12
12
years of professional experience

Work History

Finance Project Controller

Nokia
06.2021 - Current
  • Managing Finance controlling operations for Indonesia & Korea and supporting Taiwan FPC in APAC region.
  • Responsible to set up projects in SAP together with Delivery team (PM/PMO) at the beginning of the project.
  • Assess update in accounting treatment of projects in execution phase and prepares material for approval.
  • Ensures project adherence to revenue recognition board guidelines.
  • Manages end to end accounting & financial controlling of customer projects for all business groups (or product lines).
  • Finalization of projects financial statement on monthly basis. Major activities include revenue finalization, cost analysis, margin finalization, project accounting and variance analysis.
  • Responsible to monitor & control project balance sheet; perform Balance Sheet Netting to ensure that assets & liabilities are netted at a project level.
  • Guidance to project teams for defining the project financial structure in SAP PS Module for the effective controlling. Supports PMs on forecasts and project performance reviews.
  • Accurate & timely monthly closing activities & reporting.
  • Contributes towards order intake & order backlog verification for the assigned project(s).
  • Strictly adheres the finance related SOX controls & compliances.
  • Managing Internal and external Audit seamlessly.
  • I have been rewarded under Nokia retention scheme in 2024.
  • Nominated for wall of fame for cleanup activity in Indonesia in 2023 and 2024 for Legacy item from 2011 to 2019.

Deputy Manager (Commercial)

Sterling & Wilson Pvt Ltd
05.2019 - 05.2021
  • Managing 12 project in different countries (Egypt, Namibia, Zambia, Argentina, Niger, Vietnam, Abu Dhabi (Partial part) 4.5GW.
  • Financial Planning and Analysis.
  • Budgeting, Costing and Forecasting for all International O&M solar projects on Monthly/Quarterly/Yearly basis in coordination with multiple stockholders.
  • Review & update project costs and to do variance analysis for cost overrun/savings and keeping a track of cost on monthly basis against the allocated budget. Also take care of budget alteration if required with certain approvals from CFO.
  • Lead Revenue/ Margin/ Contribution reporting and explanation of performance of budget.
  • Determine and review revenue numbers with management on monthly basis and Perform revenue analysis, calculations and reporting on monthly basis.
  • Revenue Assurance: Determine and review revenue numbers with management on monthly basis and Perform revenue analysis, calculations and reporting on monthly basis.
  • Account Receivables: Customer invoicing as per contractual terms and keeping track of timely collections.
  • Ensure correct billing and timely submission of documents to customer/bank.
  • Debtors ageing analysis and action plan for liquidation.
  • Statutory Compliances: Coordination with Local Consultants for adhering the compliances and other financial matters.
  • Responsible for audit including statutory compliances filling and timely payment to avoid any future penalties.
  • Consulting with Foreign branch, Legal Representatives, Auditors, Banks, Customers, Site Project team.
  • Vendor Management and Payables: Vendor Management and their payments on monthly basis along with negotiation while agreement finalization for supply and services.
  • Ensure all Onshore costs are correctly & timely booked into SAP and Tax returns are filled on time.
  • Keeping track of all O&M project expenses Imprest (Site Expenses) and Vendor payment along with Employees salary.
  • Also responsible for direct and indirect taxation, Adhere the timeline of submission of returns and payment.
  • Adhoc Responsibility: Coordination for Issuance of Bank Guarantee and Lc’s as per contractual terms.
  • Driving efficiencies to ensure contracts remain financially viable and delivered on budget.
  • Taking a lead role in solving commercial issues that may arise.

Senior AR Specialist

Syneos Health LLC. (Previously inVentiv Health)
02.2016 - 05.2019
  • 7+ years of experience in Commercial Operations including Accounts Receivable and Payable, Revenue Assurance & Recognition, Billing, Projects and Contracts and revenue forecasting and analysis of budgeting Vs actual expenditure.
  • Transition: Responsible for transitioning AR process from US to India.
  • Training: Mentoring 4 members in team and responsible for Process training of New joiners and existing as well regarding the AR process and ERP as well. Created Process SOP’s in details.
  • Reporting: Responsible for Daily reporting to higher management and within team for expedites the AR process.
  • Revenue assurance: Determine and review revenue numbers with management on monthly basis and Perform revenue analysis, calculations and reporting on monthly basis. Also involved in Estimation, forecasting & budgeting of Revenue on monthly basis.
  • Audit: Responsible for Internal and External AR process Audit with Deloitte and internal Audit team.
  • Regular monitoring & coaching the team members to cater to the customer’s billing queries, billing management.
  • Query Handling- Any implementation/invoice/charges related queries by customers are handled.

Client Financial Analyst (CFA)

Aon Hewitt
10.2013 - 01.2016
  • Part of Finance Corporate Controllership (O to C), Handling portfolios of 100 Clients.
  • Contract Review and Setup in our system.
  • Revenue Recognition & Submission as per the contract terms. Ensuring Correct and timely billing and collections to manage DSO.
  • Calculation of Revenue generated based on Time and Material, Fixed Fee, Volume based, outside supplier’s commission and miscellaneous expenses if any.
  • Monthly Invoice Reconciliation, processing of all invoices for payment. Coordination with all branches for payment on time.
  • Final submission of fees (Revenue) based on all the calculations done and Involved in the month end process including responsibility for accruals and prepayments.
  • Performing Roll-Forward Reconciliation & Variance Analysis.
  • Providing relevant data to Auditors as per Audit requirements.
  • Project team member for the project called DTI (Reduction in Days to invoice to collect cash on time).

Finance Analyst

Valuence Pvt. Ltd.
11.2012 - 09.2013
  • As a Finance Analyst, stay abreast of the latest taxonomies and provide the following services to XBRL conversion services:
  • Mapping & Tagging of Financials Statements to XBRL Tags for 10-Q, 10-K and 20-F Annual and Quarterly fillings.
  • Detailed Tagging of Disclosures (All Levels from 1 to 6).
  • Build Taxonomy Extensions as per US-GAAP. Knowledge of Both US and Indian taxonomies.
  • Quality review of Financial Statements (Statement of Income, Statement of Financial Position, Statement of Shareholders' Equity and Other Comprehensive Income, Statement of Cash Flows and disclosures).

Education

MBA - Finance & Marketing

Gautam Buddha University
01.2011

Bachelor’s - commerce

Harikishan Degree College
01.2009

Skills

  • Financial planning and forecasting
  • Revenue assurance
  • Project accounting and control
  • Monthly financial reporting
  • Balance sheet oversight
  • Receivables management
  • Cash flow oversight
  • Manpower cost management
  • SOX compliance
  • Management accounting
  • Cost control strategies
  • Month-end and year-end closing processes
  • RRB materials preparation
  • Audit management
  • Tax compliance
  • Payroll processing
  • Compliance oversight
  • SAP (BWP, BPP, MM, Sales modules)
  • Power BI analytics
  • tVendor PO management using SRM tool
  • PeopleSoft 90 Oracle ERP integration
  • Concur expense management

Timeline

Finance Project Controller

Nokia
06.2021 - Current

Deputy Manager (Commercial)

Sterling & Wilson Pvt Ltd
05.2019 - 05.2021

Senior AR Specialist

Syneos Health LLC. (Previously inVentiv Health)
02.2016 - 05.2019

Client Financial Analyst (CFA)

Aon Hewitt
10.2013 - 01.2016

Finance Analyst

Valuence Pvt. Ltd.
11.2012 - 09.2013

MBA - Finance & Marketing

Gautam Buddha University

Bachelor’s - commerce

Harikishan Degree College

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Ankit Sanadhya