Summary
Overview
Work History
Education
Skills
Certification
Payinformation
Projectsandseminars
Hyperlinks
Personal Information
Mail
Awards
Disclaimer
Accomplishments
Software
Interests
Timeline
Deepak Kumar Sahoo

Deepak Kumar Sahoo

Financial Analyst, MIS Executive in PMO at HCL Technologies, Having Experience of GST, Income Tax, Salary Processing, financial Operations, ROC/MCA/Companies Act Reporting, Budgetary Management, Performance Tracking.

Summary

Diligent accounting professional with superior account reconciliation skill and passion for continuous improvement. Bringing 14 years of excellent performance in Accounting Manager roles and commendation for providing consistent empowering leadership.

Systematic Financial and Operational Planning in skillful in overseeing AP/AR, payroll and budget administration. Demonstrated success in collaborating with department leaders to enforce budget controls and monitor expenses. Well-organized and knowledgeable team player with decisive nature and good problem-solving abilities.

Overview

15
15
years of professional experience
3
3
Certifications
3
3
Languages

Work History

Senior Financial Analyst, MIS Executive

HCL Technologies
02.2022 - Current
  • Provided valuable insights by leading monthly variance analysis reviews between actual results and budget/forecast expectations.
  • Improved budget forecasting through meticulous monitoring of expenses and revenue streams.
  • Increased financial accuracy by conducting in-depth analyses of financial data and trends.
  • Facilitated accurate expense tracking through diligent maintenance of general ledger accounts and reconciliations.
  • Enhanced profitability by identifying opportunities to reduce costs and optimize resource allocation.
  • Developed comprehensive financial models that informed strategic decision-making for the organization.
  • Developed presentations and reports to inform and educate stakeholders and financial teams on growth possibilities.
  • Contributed to long-term growth strategies through regular assessments of company''s product portfolio performance against market benchmarks.
  • Reviewed statistical information to determine financial trends for use in investment planning.
  • Enabled informed decision-making by presenting key findings from complex data sets in clear, concise formats for senior leadership team members.
  • Delivered accurate projections by designing robust forecasting techniques tailored to specific business segments.
  • Maximized company resources by performing ad-hoc analyses supporting cost reduction initiatives across departments.
  • Tackled both annual and quarterly budget management tasks and developed financial models from benchmarking.
  • Played a pivotal role in annual budget planning, collaborating with department heads to allocate resources strategically.

Junior Accounts Officer

National High Power Test Laboratory Private Limited
11.2018 - 02.2022
  • Participated in the development of annual budgets through data compilation and forecasting exercises.
  • Facilitated smooth communication between the finance department and other teams within the organization through regular updates on relevant financial matters.
  • Supported the implementation of new accounting software, leading to increased efficiency and reduced manual errors.
  • Maintained up-to-date records of all transactions, ensuring accurate documentation for auditing purposes.
  • Proactively identified opportunities for cost reduction within day-to-day operations resulting in significant savings over time.
  • Spearheaded process improvements within the accounts payable function by streamlining vendor payment processes and reducing invoice processing timeframes.
  • Ensured compliance with local tax regulations by accurately calculating sales tax liabilities on a monthly basis.
  • Conducted thorough financial analysis to identify trends, variances, and potential areas for improvement.
  • Streamlined accounts receivable processes by implementing efficient invoicing and payment tracking systems.
  • Assisted in month-end closing activities, including journal entries, account reconciliations, and variance analyses.
  • Boosted cash flow management by monitoring account balances and ensuring prompt collection of outstanding payments.
  • Assisted in budget preparation for various departments, contributing to cost-saving measures and resource optimization.
  • Improved internal controls by identifying weaknesses in current procedures and recommending appropriate solutions.
  • Input vendor payments and updated accounts to reflect new balances.
  • Managed payroll operations for team of 10 employees.
  • Managed all accounting needs and account updates for Business operations.
  • Gathered, evaluated and summarized account data in detailed financial reports.

Sr. Accounts Executive

QA Infotech Private Limited
07.2018 - 10.2018
  • Reduced financial discrepancies by conducting regular, thorough account reconciliations.
  • Improved cash flow management for timely payment of company expenses and obligations.
  • Assisted in the successful completion of annual audits through diligent preparation of documentation and prompt response to auditors'' inquiries.
  • Consistently met tight deadlines under high-pressure situations while maintaining a strong attention to detail in all work produced.

Deputy General Manager Finance

Braahmam Net Solutions Private Limited
07.2014 - 01.2018
  • Managed multiple projects simultaneously while maintaining focus on meeting key milestones.
  • Developed and executed annual business plans, resulting in consistent revenue growth.
  • Participated in planning process to achieve corporate objectives.
  • Fostered and promoted cooperative and harmonious working climate conducive to maximum employee morale, productivity, and effectiveness.
  • Facilitated cross-functional collaboration to drive successful project completion within deadlines.
  • Improved internal communication channels, fostering a culture of transparency and accountability among team members.
  • Collaborated with department heads to establish goals and work plans.
  • Identified opportunities for expansion, leading to increased market share and company growth.
  • Championed the adoption of new technologies, streamlining workflows and enhancing overall efficiency.
  • Achieved cost savings through strategic negotiation with vendors and suppliers.
  • Led employee performance reviews, aligning individual goals with organizational objectives.

Manager Accounts & Finance

In2IT Technologies Private Limited
02.2013 - 07.2014
  • Managed and motivated employees to be productive and engaged in work.
  • Accomplished multiple tasks within established timeframes.
  • Maximized performance by monitoring daily activities and mentoring team members.
  • Enhanced customer satisfaction by resolving disputes promptly, maintaining open lines of communication, and ensuring high-quality service delivery.
  • Cross-trained existing employees to maximize team agility and performance.
  • Maintained professional, organized, and safe environment for employees and patrons.
  • Planned and budgeted accurately to provide business with resources needed to operate smoothly.

Article Assistant

R C Krishnen & Co, Chartered Accountant
08.2009 - 08.2012
  • Assisted senior accountants with complex tax filings, ensuring accurate submissions and minimized liabilities.
  • Prepared reports and materials to assist with audits.
  • Enhanced client satisfaction by providing timely and accurate financial reports.
  • Supported clients during tax season by preparing necessary documentation and answering inquiries, reducing stress levels associated with the process.
  • Conducted internal audit assignments identifying control weaknesses and providing recommendations for improvement, leading to strengthened financial systems.
  • Collaborated with team members to complete audits in a timely manner, improving overall department productivity.
  • Streamlined audit processes for improved efficiency and reduced errors.
  • Reconciled statements to resolve discrepancies.
  • Implemented process improvements to maximize efficiency and reduce costs.
  • Leveraged software system to enter and process data.

Education

CA Inter -

ICAI
Percentage: 52.33%

M Com (Commerce) - undefined

Utkal University
Percentage: 70%

B Com - undefined

Utkal University
Percentage: 64%

+2 Commerce - undefined

Board of Secondary Education
Percentage: 75%

Matriculation - undefined

Board of Secondary Education
Percentage: 82%

Skills

Bank Reconciliation

Journal Entries

Accounts receivable management

Invoice Processing

Internal Auditing

Payroll Administration

Cash Flow Management

Tax Compliance

Expense Tracking

Cost accounting

Financial Forecasting

Variance Analysis

Budget Preparation

Credit Control

Fixed Asset Management

Zero-Base Budgeting

Financial and Internal Control

GST

TDS

Income Tax

Companies Act

Payroll Management

Audits

SAP

Power BI

Cost Analysis

Ind AS Financial Statement preparation

Financial Reporting

Zero Based Budgeting

Operation, Financial, People Management Dashboards at Division and account level

Certification

SAP HANA Fico certification from Henry Harwin Education

Payinformation

+20% Over current CTC, 12.5 Lakhs P.a., 10.30 Lakhs, 14 Years including Articleship with CA (10 year in IT industry), 1 Year 9 Month, CTC 10,29,999 p.a., 90 Days (negotiable to 60 days)

Projectsandseminars

  • Globalization a Myth or Reality
  • Hedge fund in Indian Context
  • EXtensiable Business Reporting Language (XBRL)
  • Export Potential & SME – An Analysis
  • RAS Based Quarterly Forecasting system in Power BI

Hyperlinks

  • Https://youtu.be/GBMWAZCDrPs?si=yoWab0Y0tY9PkwrK
  • Https://youtu.be/KNHheT4-xvc?si=wbGnwT4QEyKYO7mY
  • Https://youtu.be/xmh-FOmKD7M?si=uOpfH8iwmp9hjbIJ

Personal Information

Date of Birth: 02/25/86

Mail

deepaksahoo2085@gmail.com

Awards

  • Manasi Sahoo- Best Volunteer Award
  • 2nd Best Seminar Paper Presenter Award From P.G. Department of Commerce, Utkal University

Disclaimer

I do hereby declare that the information furnished above is true and correct to the best of my knowledge.

Accomplishments

I have already proved my skill in Last 5 employments and made a turnaround of the companies I have worked with

· HCL (Current): Designing the Dashboard to control the cost and presentation of KPI on real time basis. Estimating the GM correctly from the point in time transactions and operational plans like release planning and Billing start dates and many other transactions. For this I have been promoted to work in Sales / Commercial department at client account level as well as implement the same idea to manage the customer business to solve the client's high labour turnover issue. The control is seme automatic process with ideas from financial analysis and operations knowledge and my 10-12 years of experience as well as 10 Years of teaching and business experience.

· NHPTL: dealing with JV Partners and Statutory authority and handling job of the HOD Finance.

· Braahmam : Cost control, effective planning of the profit/cost and cashflow including forex management.

· In2IT: Establishment of the Business & operation control system, Financing and promoting growth directly.

· R C Krishnen & company: Revenue increase from 1 Lakhs to 4 Lakhs P.A. and handling 30 clients approx.

Software

Microsoft Excel

Power BI

Power Automate

Pastel

Plunet

Tally

ERP

SAP Hana F&A

Interests

Nationalist

Timeline

Senior Financial Analyst, MIS Executive - HCL Technologies
02.2022 - Current
Junior Accounts Officer - National High Power Test Laboratory Private Limited
11.2018 - 02.2022
Sr. Accounts Executive - QA Infotech Private Limited
07.2018 - 10.2018
Deputy General Manager Finance - Braahmam Net Solutions Private Limited
07.2014 - 01.2018
Manager Accounts & Finance - In2IT Technologies Private Limited
02.2013 - 07.2014
Article Assistant - R C Krishnen & Co, Chartered Accountant
08.2009 - 08.2012
ICAI - CA Inter,
Utkal University - M Com (Commerce),
Utkal University - B Com,
Board of Secondary Education - +2 Commerce,
Board of Secondary Education - Matriculation,

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Deepak Kumar SahooFinancial Analyst, MIS Executive in PMO at HCL Technologies, Having Experience of GST, Income Tax, Salary Processing, financial Operations, ROC/MCA/Companies Act Reporting, Budgetary Management, Performance Tracking.