DIVYAKRISHNA M
Chartered Accountant
Bangalore
Summary
To be a dedicated professional to an organization, which offers me an opportunity to learn & work on various assignments in finance role and enhancing my professional skills.
Dynamic and results-driven Chartered Accountant with 5 years of experience in finance business partnering. Expertise in financial Planning and analysis, budgeting, forecasting, variance analysis, month end closure and strategic decision support in a fast-paced, global environment. Providing Finance support to Client Partner / AGM, Account Delivery and Finance Manager on their Accounts, acting as their Finance business partner / advisor, supporting the delivery of their planned financial outcomes each year. Ensuring compliance with accounting policies, GAAP, various internal & external audits and Sox requirements. Currently employed as a Senior Finance Business Partner at DXC Technology.
Overview
5
5
years of professional experience
4
4
Languages
Work History
Senior Analyst II Finance Business Partner
EIT Services India Pvt Ltd
05.2024 - Current
- Ensure timely and accurate completion of all month-end close activities (Accruals, Posting Journal Entries)
- Providing financial reports that accurately reflect financial performance of the account
- Review Contract/MSA/SOW in terms of Financial and Pricing clauses (such as COLA, price changes, volume commitments, ARC/RRC, termination, SLA etc.) towards identifying and assessing the risk and provide logical recommendations
- Engage in the planning cycles (Strategic Plan, Operating plan, Forecasts etc.) with high level of accuracy
- Complete understanding of the Revenue and cost at an account level, including elements such as labor charge, utilization, cross-charges, and non-labor costs
- Ensure forecast accuracy at the account level by collaborating with Business stakeholders working through financial modelling & analysis coupled with insights into risk and opportunities (R&O)
- Drive forecast process for the account and maintain working files & models to support the process including view of backlog & sales pipeline
- Review and control over Balance sheet items such as Unbilled, Deferred Revenue & Deferred cost, Accruals etc
- Updating the Backlog forecast and Sell & Bill forecast in Summit tool & Submission of ASC 606 backlog details in Summit tool .
- Creation of WBS for Renewals / New deals .
- Support various stakeholders driving margin improvement initiatives
- Proactively drive process improvement and initiatives towards tighter process controls, cost takeouts, plugging revenue / cost leakages etc
Senior Financial Analyst
Infosys Limited
03.2022 - 04.2024
- Support IT portfolio planning and demand management for investments (CAPEX & REVEX) and operating expenses (OPEX)
- Develop and manage the annual budgeting process and perform portfolio forecasting based on inputs from budget holders/mission leads in ServiceNow SPM
- Provide quarterly Group Financial Outlook (GFO) submissions, financial data, and insights for leadership reviews
- Create demands, activities, value cases, detailed cost plans, and resource plans for each project in the ServiceNow SPM tool
- Request cost centers/WBS codes from the finance team for each activity
- Reconcile and map actual expense lines to each activity/project by PO number, vendor, cost type, and cost category
- Attend daily/weekly catch-ups and team meetings with squad leads, service owners, and portfolio owners regarding CAPEX, REVEX, and OPEX cost plans
- Submit quarterly accruals, reconcile actuals with forecasts, and update the latest estimates in the ServiceNow SPM tool, managing reclass requests
- Create purchase orders in Ariba and Fieldglass (SOW) and track PO consumption, invoices, and service sheets
- Facilitate monthly/quarterly reviews with data analysis on portfolio insights, value case insights, FM analysis, value tracking, and data insights
- Track approved Financial Memorandum (FM), release orders, and purchase orders for each project
- Perform detailed analysis on performance targets, not-to-exceed targets, allocation keys, and allocation locations for each project
Business Finance Analyst
Mphasis Ltd
02.2020 - 02.2022
- Perform budgeting and financial forecasting based on headcount reports, statements of work for various types of contracts, and evaluate financial performance by comparing and analyzing actual results with forecasts
- Provide daily, monthly, and quarterly MIS reports
- Track revenue realization vs
- Monthly forecast, backlog forecast, and unsold forecast to ensure targets are met
- Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements
- Facilitate monthly/quarterly reviews with data analysis on project profitability, low-margin resources, non-billable hours, and follow through with the delivery leader on actionable items for improving business metrics over time
- Perform monthly revenue closure, including accruals, and share a summary of the draft revenue report and P&L with business heads and teams, with detailed analysis
- Track unbilled (accrued) vs
- Billed (actual) revenue
- Prepare accounts receivable (AR) reports and publish reports to respective stakeholders, following up to ensure payment is made within the credit period
- Track statements of work and purchase orders to ensure revenue realization and invoicing are completed in the respective months
- Perform pricing and deal closures for renewals, add-ons, extensions, and change requests
- Prepare days sales outstanding (DSO) reports and provide insights
- Provide manual cost provisions based on vendor cost inputs for resources not onboarded in the system
- Squaring off actual vendor additional costs with the cost provisions available in our books
Education
Chartered accountant -
Institute of chartered accountants of India (ICAI)
Skills
- Financial Analysis & Reporting
- Budgeting & Forecasting
- Cost Management & Profitability Analysis
- Financial Modelling & Scenario Analysis
- Variance Analysis & Business Insights
Personal Information
Date of Birth: 12/10/94
Timeline
Senior Analyst II Finance Business Partner
EIT Services India Pvt Ltd
05.2024 - Current
Senior Financial Analyst
Infosys Limited
03.2022 - 04.2024
Business Finance Analyst
Mphasis Ltd
02.2020 - 02.2022
Chartered accountant -
Institute of chartered accountants of India (ICAI)
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