Elavarsan Selvam
Summary
Senior FP&A and Finance Transformation professional with 15+ years of experience leading strategic planning, forecasting, business partnering, and financial performance management. Manage a $300M+ technology portfolio, delivering executive insights through robust budgeting, forecasting, investment analysis, and performance reporting. Strong track record of driving cost optimization, improving forecast accuracy, and enabling better business decisions through digital finance capabilities including Power BI, automation, data analytics, and AI-driven decision support.
Overview
5
5
Languages
1
1
Certification
16
16
years of professional experience
Work History
Deputy Manager | Financial Planning & Analysis
Ernst & Young
01.2019 - Current
- Manage a $300M+ budget across four EY Technology portfolios, leading budgeting, rolling forecasting and financial performance management to support resource allocation and strategic targets.
- Lead portfolio financial planning activities including rolling forecasts, financial modelling, P&L performance reporting and Estimate-to-Complete (ETC) modelling to improve planning accuracy and resource allocation.
- Deliver Plan vs Actual and Forecast vs Actual analysis across monthly and year-to-date performance, providing actionable commentary on risks, opportunities and cost drivers to senior leadership.
- Improved forecast accuracy by 18% through enhanced variance analysis, ETC modelling and structured forecasting reviews.
- Reduced unallocated expenses by 15% by strengthening allocation methodologies, resolving data-quality issues and improving reporting controls.
- Partner with technology and operations leaders to challenge assumptions, address performance gaps and drive corrective actions against financial targets.
- Develop automated Power BI and Excel dashboards that provide real-time visibility into budget utilization, operational KPIs and cost optimization opportunities.
- Leverage generative AI to enhance financial analysis, automate recurring reporting activities, identify anomalies and accelerate insight generation from large datasets.
- Reduced month-end close timelines by 12% through process improvements across accruals, amortization, prepaids, intercompany accounting and cost allocations.
- Prepare executive-level financial insights and commentary packages that translate portfolio performance, risks and opportunities into actionable recommendations for senior leadership.
- Mentored and trained finance professionals on forecasting, financial modelling, reporting tools, and AI-enabled finance capabilities, helping improve analytical effectiveness and process adoption.
- Serve as a key finance contact for vendor spend reviews, engagement-code creation and portfolio governance processes.
Assistant Manager | Project Management Lead
Ernst & Young (American Express Engagement)
01.2015 - 12.2018
- Led global deployment of the Corporate Account Reconciliation (CAR) tool, beginning in EY UK and scaling to additional countries, streamlining finance processes across regions.
- Partnered with Amex to enhance tool functionality, lead UAT and resolve user issues, improving reconciliation accuracy and adoption by 30%.
- Managed the Meetings & Events program, including vendor payments, early-payment negotiations and discount realization, contributing to 6% annual cost savings.
- Negotiated rebate agreements linked to payment volumes, generating recurring annual returns based on project spend.
- Designed and delivered training programs and global onboarding plans for CAR tool deployments, enabling faster user adoption, process standardization, and knowledge transfer across multiple regions.
- Delivered project dashboards and executive presentations covering milestones, resource utilization and ROI; collaborated across finance, operations and technology to manage risks and delivery.
Team Lead | General Ledger & Reporting
Ernst & Young
Bangalore
01.2014 - 12.2015
- Oversaw monthly, quarterly and year-end close activities for global entities, supporting internal and statutory audits.
- Prepared P&L, balance sheet and cash flow reporting and managed intercompany, sub-ledger and VAT/bank reconciliations.
- Automated journal preparation and reconciliation processes using macros, reducing manual effort by approximately 40% and improving data accuracy.
- Prepared audit-ready financial packs and MIS documentation and partnered with regional audit teams on reconciliation schedules and statutory reporting.
Associate to Senior | Accounts Payable
Ernst & Young
Bangalore
01.2011 - 12.2014
- Managed the end-to-end Procure-to-Pay lifecycle covering vendor onboarding, invoice processing, approvals, reconciliations and monthly AP close.
- Implemented automated mailbox responses and AP workflow enhancements, reducing response time by 35% and improving vendor communication.
- Managed AP aging, credit/debit notes and reclassifications while partnering with procurement and stakeholders to improve payment cycles and cash-flow management.
Education
Bachelor of Commerce -
Bangalore University
Bangalore01-2011
Skills
- FP&A & Strategic Financial Planning
- Budgeting, Forecasting & Long-Range Planning
- Business Partnering & Stakeholder Management
- P&L Management & Performance Analysis
- Financial Modelling & Scenario Planning
- Finance Transformation & Process Excellence
- Analytics, Automation & AI-Driven Finance
Digital Finance & Analytics
- SAP & Oracle PeopleSoft
- Power BI, SQL & Advanced Excel
- Financial Analytics & Data Visualization
- Reporting & Process Automation
- AI-Enabled Finance Solutions
- Digital Finance Transformation
Projects
- AI-Enabled Finance Insights & Agent Development
- Technology Portfolio Financial Transformation (EY Technology)
- SAP Finance Transformation & UAT (Project Mercury)
- Global Corporate Reconciliation (CAR) Implementation
- Finance Process Automation & Accrual Transformation
- American Express Global Meetings & Events Financial Governance Program
Certification
- AI Engineering
- Artificial Intelligence : Algorithms, Models & Limitations
- Responsible AI
- Big Data, Artificial Intelligence, and Ethics
- Data Visualization & Integration
- Cybersecurity & Digital Strategy
Languages
English
First Language
Hindi
Advanced (C1)
C1
Tamil
Proficient (C2)
C2
Telugu
Advanced (C1)
C1
Kannada
Advanced (C1)
C1
Timeline
Deputy Manager | Financial Planning & Analysis
Ernst & Young
01.2019 - Current
Assistant Manager | Project Management Lead
Ernst & Young (American Express Engagement)
01.2015 - 12.2018
Team Lead | General Ledger & Reporting
Ernst & Young
01.2014 - 12.2015
Associate to Senior | Accounts Payable
Ernst & Young
01.2011 - 12.2014
Bachelor of Commerce -
Bangalore University