ASIT SINHA
Noida
Summary
Accomplished financial professional with a proven track record in delivering comprehensive financial reports and providing actionable insights to optimise business decision-making. Demonstrates expertise in financial control, executing account reconciliations to ensure ledger integrity, and leading budget and forecast activities for enhanced financial accuracy. Skilled in leading and motivating teams to achieve targets, with a focus on driving organisational success through detailed analysis and strategic planning.
Overview
1
1
Certification
21
21
years of professional experience
Work History
Vice President
Natwest Digital India Pvt Ltd
Gurgaon
06.2025 - I currently work here
- Established department targets and monitored progress towards KPIs, motivating and coaching teams to attainment.
- Cultivated a culture of excellence and continuous improvement within the organisation.
- Fostered strong relationships with stakeholders to support business objectives.
- Enhanced customer satisfaction through the refinement of service standards.
- Designed automation solutions for manual workflows to improve operational and financial efficiency.
- Built successful business culture focused on performance optimisation and goal attainment.
- Streamlined internal communication to improve team collaboration and productivity.
- Monitored compliance with agreed management systems, enabling prompt identification and remedy of risk factors.
- Implemented robust risk management strategies to protect company interests.
- Oversaw day-to-day functioning of [Type] operation.
- Analysed data to evaluate and contain critical concerns whilst implementing remedial action.
- Deployed resources to cross-functional teams, supporting achievement of broader company goals.
- Leveraged financial data and forecasts to set clear operating budgets.
Associate Vice President
Royal Bank of Scotland
02.2015 - Current
- Led financial control and reporting activities for a multinational corporation, ensuring accuracy and integrity of financial data.
- Oversaw the monthly, quarterly, and annual financial closing processes, including the preparation of financial statements and management reports.
- Developed and implemented internal control procedures to safeguard company assets and ensure compliance with regulatory requirements.
- Conducted financial analysis, including variance analysis and trend analysis, to identify risks, opportunities, and areas for improvement.
- Collaborated with cross-functional teams to develop annual budgets and forecasts, monitoring actual performance against target.
- Provided financial insights and recommendations to senior management, supporting strategic decision-making and business planning.
- Coordinated with external auditors during the annual audit process, ensuring compliance with audit requirements and timely resolution of any identified issues.
- Preparation of monthly Dashboards and insight commentary for senior stake holders.
Financial Senior Analyst (Deputy Manager)
Xerox Services India Pvt. India
07.2011 - 02.2015
- Preparation of Monthly MIS report and dashboards for Management showing trend of their Cost per FTE and giving them analysis & Commentary for their cost fluctuations.
- Preparation of various ad-hoc reports as and when required by Business.
- Preparation of various model to distribute the support cost to various business units based on the headcounts.
- Preparation of cost allocation to various onshore client units based on the number of hours booked by offshore units.
- Preparation of complete YTD and MTD trends for the cost allocations and present to the client.
- Responsible for preparation of revenue and cost line budget and setting targets of cost to different business units.
- Responsible for preparation of quarterly forecasts.
- Responsible for preparation of weekly revenue flash and taking projection from sales based on the invoicing figures and pipelines.
- Tracking of GLs and preparation of P&L with the help of GL dump enables to track the cost before the final closure.
- Tracking headcount movements and advice the BU Managers to make changes whenever required.
- Preparation of Incremental and detrimental analysis to track the cost trends and attrition rate.
- Preparation of the variance analysis for actual MoM and provide a systematic commentary to the management for deviations/fluctuations in the trends.
- Weekly updations of Revenue Flash report and discussion with the Sales/Delivery people for their pipelines and revenue targets.
- Preparation of weekly ageing for the outstanding invoices and discuss with the Business persons on the timeliness of receipts.
- Preparation of head count reconciliations to track the head count and cost so that there should be clear picture of cost per FTE.
Senior Executive Finance
HCL Technologies Limited
03.2009 - 07.2011
- Preparing operating matrix (a key performance parameter in IT space) which involves volume, realization, resource cost and utilization analysis & analysis of top 20 customer Q vs. Q/Forecast vs. Actual.
- Preparation of ad-hoc financial reports as and when required to cater business requirement.
- Preparation of Variance Analysis and provide commentary of Variances to the Management.
- Analysis of customer contracts and review with business in a timely manner.
- Projects profitability analysis i.e. P&L and Variance analysis of a Top customer.
- Assisting in monthly revenue recognition and provisioning.
- Monitoring, the invoicing process to maximize receivables.
- Tracking of the un-accrued revenue and ensuring timely recognition.
- Periodic review of aged unbilled revenue and ensuring its convertibility to cash.
- Coordinating with the account managers & finance controllers for correct revenues recognition process on monthly basis.
- Responsible for conducting revenue analysis and checking revenue leakage.
- Cash Collection forecasting based on invoices raised & cash call with account managers on weekly basis and provide management with appropriate cash collection schedule.
- Month end closing activities.
- Part of SAP BI Implementation & testing team which is responsible to check the Data in GL and help in continuously process improvements.
Financial Analyst
American Express India Pvt. Limited
07.2007 - 03.2009
- Preparation of regular MIS & reporting to Business Leaders for Strategic purposes.
- Responsible for Invoicing and receipting of Overrides & Supplier fees process for EMEA Region.
- Allocating the Global Money related to Overrides & supplier fees to different Travel Units across Europe through Inter-company Entries.
- Responsible for preparing the Collection report and AR Aging report.
- Reporting on the VAT booked in accounts through VAT report.
- Reconciliation for Accrual accounts, AR accounts, Liability accounts for Overrides and Supplier fee process.
- Payment to Non IC units through direct bank transfers.
- Analysis of Variances in actual with budgeted and previous month figures for 8 Major Units Switzerland, Spain, Netherlands, UK, Italy, Ireland, Austria Germany to inculcate value Enhancement at Business Operating Units.
- Periodic updation of Standard Operating Procedures.
- To provide orientation and training to the new joiners in the process.
- To create backups for the various activities related to the process.
- Handling monthly calls with Reporting Personnel and Senior Management after month end activities.
Relationship Manager
SHARE KHAN LIMITED
11.2005 - 07.2007
- Conducting financial analysis of clients in order to make recommendations to H.O for credit exposure.
- Investigating and understanding key business issues behind the trends and providing clear, concise and timely analysis & recommendations.
- Managing the implementation of the risk management process; monitoring the process to ensure that it operates effectively in the best interests of the company as well as clients.
- Examining, evaluating, reporting, and recommending improvements on the adequacy and effectiveness of management's risk management processes.
- Managing Data Verification activities with a view to obtain accurate information to assess the creditworthiness of the clients.
- Taking decisions on extending credit to the customer with minimum credit and fraud loss and achieving targets.
- Handling team of relationship managers and management trainees.
- Training and motivating them for the achievement of set targets.
- Looking after their appraisals and help them to grow within the organization.
Education
MBA-Full Time - Finance
University Institute of Management
01-2005
B.Sc.–Full time -
St. Aloysius College
01-2003
Skills
- Delivered comprehensive financial reports to management
- Provided actionable insights through detailed analysis to optimise business decision-making
- Executed account reconciliations ensuring ledger integrity
- Financial Control
- Led budget and forecast activities for greater financial accuracy
- Led and motivated team to achieve targets
Certification
Certified Six Sigma Green Belt, Indian Statistical Institute, New Delhi
Timeline
Vice President
Natwest Digital India Pvt Ltd
06.2025 - I currently work here
Associate Vice President
Royal Bank of Scotland
02.2015 - Current
Financial Senior Analyst (Deputy Manager)
Xerox Services India Pvt. India
07.2011 - 02.2015
Senior Executive Finance
HCL Technologies Limited
03.2009 - 07.2011
Financial Analyst
American Express India Pvt. Limited
07.2007 - 03.2009
Relationship Manager
SHARE KHAN LIMITED
11.2005 - 07.2007
MBA-Full Time - Finance
University Institute of Management
B.Sc.–Full time -
St. Aloysius College