Dhiraj Sharma
Director Cost Management, Barclays
Noida
Summary
Chartered Accountant with 24 years of experience in a variety of roles within the financial service industry. Commercially minded with significant experience of financial planning & analysis, cost management, financial control, equity research, transformation and people & stakeholder management. Proven track record of finance initiatives contributing to process efficiencies, cost savings, regional & global consistency and enhanced control & governance. Skilled in building teams from scratch and leading them in to becoming sustainable high performing units.
Overview
25
25
years of professional experience
3
3
years of post-secondary education
Work History
Director Financial Control –Cost Ledger
Barclays Global Service Centre P Ltd.
Noida
06.2021 - Current
- Led the Cost Ledger Control (CLC) team providing business partnering and accounting support to manage the Barclays execution services (BX) cost base of c£9bn and the Comp & Ben team responsible for accounting and reporting of employee benefits including staff costs, pensions & share based payments.
- Spearheaded controls around financial accounting and supported cost commitments and goals through timely provision of quality data, planning, analysis, and reporting.
- Partnered with strategic decision makers through provision of insight, transparency and actionable information related to cost, and led & supported to the business transformation cost initiatives.
Vice President, Cost Management (Ops & Tech)
Barclays Global Service Centre P Ltd.
Noida
01.2015 - 06.2021
- Led the cost team supporting Technology & Shared Services within company with a cost base of c£3.5bn
- Strategic support to business CFOs including monthly and quarterly business reviews, capacity creation, cost allocation understanding and risks & opportunities management.
- Project insights including workforce, cost, fully loaded services costs, managed and consumed.
- Forward-looking scenarios / deep dives including short term and long-term planning, outlook, transfers, scenario analytics and ad hoc as required.
- Delivery around requirements for external governance forums ( COO ExCo, Group ExCo, cost board etc.)
- Supporting program Interlocks (location, capacity creation, workforce & budget transfers)
- Supported service management reviews and engaging/coaching service owners to better understand and influence cost allocation drivers.
Vice President, Business Performance & Analysis
Barclays Global Service Centre P Ltd
Noida
09.2011 - 12.2014
- Established the Barclays India BP&A presence and established India team’s analytical credentials and branding within the organization.
- Successfully led team through structural changes within the bank journey,
- Developed and implemented control & governance model for India finance team.
- Led report rationalization project delivering c34% reduction in reports volume.
Group Leader – Equity Research
CRISIL (subsidiary of Standard & Poor)
Chennai
08.2010 - 08.2011
- Led team of analysts for large sell side investment bank to provide global support across various verticals namely equity research, fixed income, IT, and product marketing for various industry sectors.
- Managed profit and loss management of client accounts, client relationship, business developments, people, and overall quality of research delivery.
- Increased P&L by c17% within one year through billable FTEs and cost saves
Vice President – Equity Research
Amba Research (COPAL Amba)
Bangalore
06.2005 - 07.2010
- Supported Buy-side clients on financial modelling, thematic research, and accounting diagnostics.
- Conducted stock screening, mapping, valuation, price performance, competitor’s analysis etc.
- Turned around underperforming teams to save potential loss of client
- Generated new business by successful pilot projects for new clients, resulting in c$2m additional business.
Manager (FP&A)
GE Capital International Services P ltd
Bangalore
05.2001 - 05.2005
- Managed base cost expenses of c$400m for US commercial operations of GE Health Care.
- Conducted variance and trend analysis and reporting to FP&A leads.
- Preparation of multiyear strategic plans and annual operating plans
Asst. Manger -Finance
Bridgestone India P. Ltd
Delhi
04.1998 - 04.2001
Education
Chartered Accountant (CA) -
Institute of Chartered Accountants of India
New Delhi, India 09.1994 - 01.1998
CS-Inter -
Institute of Company Secretaries of India
New Delhi, India 04.2001 -
CFA- Level 1 -
CFA Institute
USA 04.2001 -
Bachelor of Commerce (B.COM) -
Delhi University
New Delhi, India 04.2001 -
Lean And Six Sigma Green Belt Certification -
Six Sigma
04.2001 -
Skills
Financial Planning & Analysis
Achievements
· Successfully transitioned and stabilized various finance processes and coached teams over the years
· Stood up cost ledger control team out of cost management through rigorous taxonomy and effort analysis, to ring fence accounting & control activities within financial control.
· Streamlined month close, flash process and management reporting packs, with significant improvement in number volatility and variance commentaries.
· Significant upgradation of team’s finance partnering capability to support complex activities and in becoming trusted business partners.
· Led & supported various local and global transform initiatives/projects to improve efficiency.
Timeline
Director Financial Control –Cost Ledger
Barclays Global Service Centre P Ltd.
06.2021 - Current
Vice President, Cost Management (Ops & Tech)
Barclays Global Service Centre P Ltd.
01.2015 - 06.2021
Vice President, Business Performance & Analysis
Barclays Global Service Centre P Ltd
09.2011 - 12.2014
Group Leader – Equity Research
CRISIL (subsidiary of Standard & Poor)
08.2010 - 08.2011
Vice President – Equity Research
Amba Research (COPAL Amba)
06.2005 - 07.2010
Manager (FP&A)
GE Capital International Services P ltd
05.2001 - 05.2005
CS-Inter -
Institute of Company Secretaries of India
04.2001 -
CFA- Level 1 -
CFA Institute
04.2001 -
Bachelor of Commerce (B.COM) -
Delhi University
04.2001 -
Lean And Six Sigma Green Belt Certification -
Six Sigma
04.2001 -
Asst. Manger -Finance
Bridgestone India P. Ltd
04.1998 - 04.2001
Chartered Accountant (CA) -
Institute of Chartered Accountants of India
09.1994 - 01.1998
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