Bhanuprakash Reddy Konduru
Bengaluru
Summary
Detail-oriented and results-driven Chartered Accountant with experience in financial planning, budgeting, vertical profitability, and audit functions. Demonstrated expertise in fund transfer pricing, treasury operations, board-level reporting, and investor relations. Adept at working in cross-functional teams and contributing to process automation and profitability analysis across multiple business verticals.
Overview
4
4
years of professional experience
5
5
years of post-secondary education
1
1
Certification
Work History
Financial Analyst
Ujjivan Small Finance Bank
Bengaluru
08.2024 - Current
- Analyzed and reported the bank's quarterly results-including comprehensive variance analysis of financials-to support senior leadership in evaluating business performance.
- Prepared rolling forecasts at both the bank and vertical levels, ensuring timely updates in line with evolving business strategies and macroeconomic changes.
- Critically supported the end-to-end annual budgeting process-building the bank-wide budget model and PowerPoint presentation from scratch, and effectively communicating the core financial story and insights to key stakeholders.
- Developed and published monthly flash reports at the start of each month, providing early indicators on revenue, cost, and profitability for agile business steering.
- Delivered critical ad-hoc analyses, such as assessing repo rate cut impacts, conducting Cost-Benefit Analysis (CBA) reviews for various verticals, preparing ICAAP (Internal Capital Adequacy Assessment Process) data notes, performing budget revisions, and formulating 100-day action plans to address dynamic business priorities.
- Designed and prepared long-range (5-year) financial plans at both bank and vertical levels, supporting strategic growth initiatives and capital allocation decisions.
- Drafted and implemented the Fund Transfer Pricing (FTP) framework for effective evaluation of vertical-level profitability.
- Preparation of CRAR, review of liquidity position and calculation of Cost of funds for the bank and monitoring thereof on a regular basis.
- Monitoring of liquidity position of the Bank there by reducing the cost of funds for the Bank by 19 bps QoQ.
- Preparation of credit cost model and cost of collections for the budget and tracking actuals thereof.
- Prepared Treasury Profit & Loss statements; analyzed key performance indicators such as yields, capital gains from Open Market Operations (OMO), Switches, and Buy-Back transactions.
- Preparation of treasury budgets taking SLR securities, NSLR securities and Liquidity position into account.
- Coordinated quarterly Board and Audit Committee presentations by liaising with key stakeholders across finance, treasury, and operations teams.
- Played a critical role in the automation of profitability tracking at both vertical and branch levels, improving reporting efficiency and thereby saving the Bank around INR 1 Cr. More importantly, reducing the TAT by 20 days to 8 days.
- Supported investor relations by preparing quarterly financial data and disclosures for analyst briefings.
- Provided guidance on investment decisions based on current economic trends and forecasts.
Articled Assistant
B K Ramadhyani & Co LLP
Bengaluru
04.2021 - 04.2024
- Led central statutory audits for a listed bank (Revenue > ₹4,000 Cr) and Karnataka Power Transmission Corporation (C&AG audit).
- Executed process audits, LFARs, and IND AS special purpose financial reporting.
- Audited an MNC in motor vehicle manufacturing, providing actionable control recommendations across procure-to-pay and subcontracting cycles.
- Conducted GST Annual Return filings, Tax audits, and Transfer Pricing reviews for automotive sector MNCs.
- Mentored junior staff and participated in consolidated financial statement preparation.
- Handled IND AS disclosures for holding companies and supported audit documentation.
Education
2024 - Chartered Accountant
The Institute of Chartered Accountants of India
06.2019 - 06.2024
Skills
- Financial Planning & Budgeting
- Fund Transfer Pricing (FTP)
- Excel Proficiency
- IDEA Software (Intermediate)
- Financial Modeling & Analysis
- Liquidity Management
- Asset Liability Management
- Cost Benefit Analysis
- MICROSOFT PPT
Certification
- Investment Risk Management, Coursera, 01/01/24
- NISM-Series-VIII-Equity Derivatives certification, 01/01/25
- Executive Program in Investment Banking and Capital Markets, IIM Ranchi (IL), 07/01/25
Languages
- English
- Telugu
- Kannada
- Hindi
Timeline
Financial Analyst
Ujjivan Small Finance Bank
08.2024 - Current
Articled Assistant
B K Ramadhyani & Co LLP
04.2021 - 04.2024
2024 - Chartered Accountant
The Institute of Chartered Accountants of India
06.2019 - 06.2024