Binod Chandra Samanta
Berhampur (GM)
Summary
Accomplished executive with expertise in financial planning, revenue and cost forecasting. Boasting 9 years of experience in the IT & NBFC industry, forward-thinking professional brings a proven track record of achievements. Proficient in managing financial resources, identifying growth opportunities, and implementing strategic initiatives to drive business success.
Overview
10
10
years of professional experience
Work History
Assistant Vice President, Private Equity Capital
Apex Fund Services LLP
02.2023 - Current
- Review & sign off NAV and Financials of the Private equity including recording Journal Entries, preparing monthly/Annual Financial, processing payments and various client reports
- Review of Daily Cash Forecast & Reconciliation
- Review Capital Call and distribution workings along with notices
- Develop various KPI to be followed & ensure all necessary controls are put in place in the process
- Manage work allocation among the team and ensure back BCP plans are in place
- Identify & implement process improvement techniques to improve process efficiency & team productivity
- Liaising with Auditors with various requirements and ensuring all support is provided to the Auditors to get the financials approved on the agreed timeline
- Understand & complete adhoc requests from client
Team Lead, Project Finance Controller
Capgemini Technology Services India Limited
03.2021 - 02.2023
- Financial planning in revenue and cost forecast based on Actual & Pipeline sales.
- Participation in Annual Budget Preparation.
- Analysis of Project’s profit & loss statement, involved in meaningful discussion with key stake holders to maximize profitability of the project.
- Prepares monthly reporting like Cash collection report, AR report to partner departments.
- Invoice validation before approving for creation & reconciliation of the Invoice file.
- Manage financial planning & analysis spread across 13 countries generating over 36Million Euros in annual revenue.
- Cash flow analysis of the project & recommending Daily Sales Outstanding Ratio month on month.
- Coordinating with various partners department in Revenue recognition, Invoice preparation & GL entry posting.
- Assisting the Auditor in the Audit queries.
- Review & creation of Internal agreements within the Business Unit of the company.
Financial Planning Analyst
Accenture Solution Pvt Ltd
03.2017 - 03.2021
- Forecasting revenue and cost based on inputs from the project leads & ensuring the same they are in line with the agreement with the client.
- Evaluating the Project’s contract before recording in the books.
- Reviewing the budget for Projects before sale proceedings are recorded & advise to make necessary changes, if required.
- Ensuring the companies Policies are met in recording the books of Accounts for Projects.
- Finalizing the accrual entries to be posted in the assigned project.
- Prepares accurate, timely and insightful monthly variance reporting to partner departments
- Forge meaningful relationships with departmental heads and become a trusted FP&A partner, highlighting risks, documenting and/or building simulations and sensitivity analyses and suggesting solutions to problems as they arise
- Creating simulations on various “what-if” scenarios using insight and critical thinking to evaluate and make recommendations about critical business decisions
- Articulate findings on a regular basis to senior management
- Preparing management dashboard of the contract's overall monthly performance along with Year-to-date and Month-to-date analysis
- Presenting the dashboard to the stakeholders of the contracts and answering their queries
- Invoice Reconciliation, maintenance of cash flow & make recommendations to the key stake holder
- Assisting the Auditors in the Audit
Process Developer
Genpact India Pvt Ltd
01.2015 - 03.2017
- Fixed Assets:
- Maintenance of Asset Under Construction (AUC) file & AUC settlement, Asset capitalization
- Creation & maintenance of Fixed Assets including deletion, transfer and master data change and Asset retirements
- Performing month end Depreciation run
- Preparation & posting of Journal Entry for Fixed asset
- Reporting of Month end reconciliations for Fixed Assets to client
- Investigate discrepancies in monthly accounts
- Revising and streamlining inefficient work procedure
Education
Cost and Management Accountant -
Institute of Cost Accountant of India
01.2014
MFC - undefined
BERHAMPUR UNIVERSITY
01.2010
BCOM(Hons) - undefined
BERHAMPUR UNIVERSITY
01.2007
Skills
- Financial Forecasting & Budgeting
- Profit & Loss Analysis
- Cash Flow Management
- Advance Excel, power poing & word
- SAP
Languages
English
Odia
Hindi
Awards
- Part of Encore Team Award for excellent Services in Accenture.
- Received Truly Human Award for team support in Accenture.
- Bronze Award from GENPACT for excellence in process improvement in record keeping.
Personal Information
- Date of Birth: 07/14/87
- Nationality: Indian
Timeline
Assistant Vice President, Private Equity Capital
Apex Fund Services LLP
02.2023 - Current
Team Lead, Project Finance Controller
Capgemini Technology Services India Limited
03.2021 - 02.2023
Financial Planning Analyst
Accenture Solution Pvt Ltd
03.2017 - 03.2021
Process Developer
Genpact India Pvt Ltd
01.2015 - 03.2017
MFC - undefined
BERHAMPUR UNIVERSITY
BCOM(Hons) - undefined
BERHAMPUR UNIVERSITY
Cost and Management Accountant -
Institute of Cost Accountant of India
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