Fakkiresh Hadapad
Bangalore
Summary
Resourceful Financial Analyst with progressive financial industry experience of 16+ years across Finance and Accounts processes, financial reporting, budgeting and forecasting, accounts receivables, accounts payables and creating cost centers specialties. Strong leader with excellent motivation and communication skills to build and manage high-performing teams.
Overview
16
16
years of professional experience
Work History
Financial Analyst - Specialist
Hewlett Packard Enterprises
Bangalore
04.2022 - Current
- Identified discrepancies in financial data and recommended corrective actions to resolve them.
- Analyzed trends in financial performance to identify areas for improvement.
- Developed strategies to improve efficiency of business operations and reduce costs.
- Evaluated complex financial information from multiple sources to make sound recommendations.
- Drafted presentations summarizing key findings from financial analyses.
- Performed quantitative analysis of historical data to identify patterns or anomalies in the data set.
- Collaborated with other departments to ensure accurate budgeting and forecasting processes were followed.
- Analyzed financial data to identify trends, patterns and strategies.
- Analyzed complex financial information to offer recommendations to management, driving decision-making.
- Worked cross-functionally with internal departments to align and validate data inputs.
- Used best practice models to analyze large amounts of data and share insights.
- Analyzed budgets and implemented action plans to rectify issues.
Financial Analyst Intermediate
Hewlett Packard Enterprises
Bangalore
02.2018 - 03.2022
- Preparation of Month end reports and publishing same for the customers such as CapEx, MRU, Market2Market, FX Gain/Loss, Revenue Trade Re-class, Intercompany Mismatch Reports
- Preparation of Metrics Slide and quarterly slides, which need to be shared with customer
- Transition of various EMEA and AMS reports
- Doing analysis on TAT, Accuracy & Quality to ensure adherence to agreed target as per SOW.
- Implemented check list and quality check for some reports.
- Standardized some of the business-critical reports.
Financial Analyst Entry
Hewlett Packard Enterprises
Bangalore
09.2014 - 01.2018
- Identifying the revenue leakages in the financial landscape of the company to recapture erroneous cash outflows and spot the weakness of various processes.
- Reviewed financial documents and records to assess accuracy and compliance with applicable laws, regulations, and standards.
- Identified discrepancies in financial data and recommended corrective actions to resolve them.
- Assisted senior management maintain profitability by analyzing portfolios and implementing strategies and techniques.
- Conducted audits and reported findings to facilitate research and resolution.
Team Leader
Hewlett Packard Enterprises
Bangalore
04.2013 - 08.2014
- Coordinated team activities and delegated tasks to ensure efficient completion of projects.
- Developed strategies for problem solving and conflict resolution among team members.
- Conducted regular performance reviews to assess individual team member progress.
- Provided coaching and feedback on employee performance, encouraging professional development.
- Created training materials and conducted group trainings on new processes or procedures.
- Assisted with recruitment efforts by interviewing potential candidates and providing input on hiring decisions.
- Monitored daily workflow to ensure adherence to established policies and procedures.
- Established clear expectations for employees, providing guidance when needed.
- Held weekly staff meetings to review project updates, discuss issues, and brainstorm solutions.
- Reviewed customer service surveys and implemented strategies to improve customer satisfaction ratings.
- Collaborated with other departments to ensure alignment of goals across teams.
- Maintained a positive work environment that promoted collaboration between team members.
- Resolved customer complaints in an effective manner while maintaining a high level of customer service.
- Facilitated communication between cross-functional teams within the organization.
- Reviewed completed work to verify consistency, quality and conformance.
- Fostered positive employee relationships through communication, training and development coaching.
Senior Business Process Analyst
Hewlett Packard Enterprises
Bangalore
04.2011 - 03.2013
- Cleared invoices basis on payments received from the HP leasing customers.
- Prepared Bank Reconciliation and Customer Account Reconciliation reports.
- Allocated job responsibilities and back log within the team members and ensured timely completion of the assigned task within stipulated time frame.
- Published daily/monthly tracker for EMEA and APJ regions.
- Managed daily leasing accounts receivables activities including Cash Allocation, Query Management and maintained suspense balance as per company requirements.
- Cleared customer suspense by following up for pending queries in order to curb the overall time consumed.
- Interacted with team members in order to understand queries and resolved them effectively.
Senior Process Associate
Hewlett Packard Enterprises
Bangalore
09.2009 - 03.2011
- Served as primary contact for issues reported from America region.
- Journal postings for various activities like zero balancing pre-owned intercompany sales, AR clearing, Bank clearing, Project clearing.
- Imparted training to new joiners regarding the overall organizational process and the designated job responsibilities.
- Reconciled leased equipment and terminated contracts after/before the maturity.
- Sent final adjudication and reconciled complete template reports to customers.
- Provided advisory services in case of any errors identified and provided corrective actions in order to improve overall operational efficiency.
Process Associate
Hewlett Packard Enterprises
Bangalore
01.2008 - 08.2009
- Served as single point of contact for validating material including missing and damage reported.
- Generated shipping invoices and ensured on time payment to avoid delays.
- Developed process documentation, including procedure manuals, user guides and job aids.
- Performed data entry tasks to update customer records and maintain accuracy of information.
- Guided, mentored and motivated team members in order to achieve individual as well as group targets.
- Identified potential risks associated with processes and recommended corrective actions.
- Analyzed existing processes to determine areas for automation or streamlining.
- Created training materials for staff members regarding changes in process procedures.
- Performed root cause analysis when problems arose during the course of processing activities.
Education
EMBA - Finance
ISBM
Bangalore, Karnataka, India08-2012
Tally 7.2 - Finance And Accounting
M-Tech Training Center
Dharwad, Karnataka, India08-2006
Bachelor of Commerce - Finance And Accounts
Karnataka University
Dharwad, Karnataka, India05-2005
Skills
- Manpower Planning
- Budget Support
- Report Preparation
- Variance Analysis
- Account Reconciliation
- Finance
- Interdepartmental Coordination
- Expense and Revenue Analysis
- Microsoft Excel
- General Ledger Accounting
- Financial Management
- Cost-Benefit Analysis
- Budgetary Planning
- Monitoring Expenditures
- Self-Motivated Professional
- Analyzing Performance
- General Ledger Journal Entry
Personal Information
- Date of Birth: 09/15/1984
- Gender: Male
- Nationality: Indian
Affiliations
- Love Sports
- Adventure Trips
- Hiking/Trekking
Accomplishments
- Recognized as Top Contributor in FY22 for Finance Organization.
- Spot Award from the customer New York Life for improving the overall process
- Best Performance Award in 2012
- Completed cross training in Reconciliation & Embedded Lease Activities
- Transitioned the TVS EMEA finance process from Dublin to Bangalore
- Reduce the escalatables >90 days to zero
- Reduced Customer and general suspense below 500k
- VOC for TVS EMEA Process FY’10 is 4.33.
Languages
Hindi
First Language
English
Advanced (C1)
C1
German
Elementary (A2)
A2
References
References available upon request.
Timeline
Financial Analyst - Specialist
Hewlett Packard Enterprises
04.2022 - Current
Financial Analyst Intermediate
Hewlett Packard Enterprises
02.2018 - 03.2022
Financial Analyst Entry
Hewlett Packard Enterprises
09.2014 - 01.2018
Team Leader
Hewlett Packard Enterprises
04.2013 - 08.2014
Senior Business Process Analyst
Hewlett Packard Enterprises
04.2011 - 03.2013
Senior Process Associate
Hewlett Packard Enterprises
09.2009 - 03.2011
Process Associate
Hewlett Packard Enterprises
01.2008 - 08.2009
EMBA - Finance
ISBM
Tally 7.2 - Finance And Accounting
M-Tech Training Center
Bachelor of Commerce - Finance And Accounts
Karnataka University
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