GURUPRASAD MADKAR
Bengaluru,KA
Summary
Performance-driven Vice President with 17 years of experience aligning systems with business requirements, policies and regulatory requirements. Passionate about applying excellent organization and communication skills to manage and lead teams. Results-oriented individual well-versed in interfacing and consulting on business processes to drive results based on sound overall business judgment. Results-driven with forward-thinking approach centered on company success and competitive growth. Demonstrated record of success in building successful teams and managing profitable operations.
Overview
19
19
years of professional experience
Work History
VICE PRESIDENT – FP&A
wells fargo international solutions pvt ltd
09.2022 - Current
- Individual Contributor role and is part of Enterprise Finance function which supports Commercial and Corporate & Investment Banking Lines of Business (LoB) functions within India & Philippines Legal Entities
- Responsible for internal management reporting and analysis to support enterprise business units and related functional areas and provide meaningful insights into underlying drivers impacting results
- Ensuring smooth analytics for Month Close reporting/Quarterly Forecasting/ Variance Analysis
- Present the data analysis to Finance leadership and Business stakeholders
- Build strong connects with Business, Controllership team and other stakeholders
- Lead in Monthly / Quarterly forecast cycles for Business and collaborate with multiple stakeholders -LoB Finance teams, Demand Planning team, Business stakeholders
- Communicate and present financial performance to various stakeholders and functional heads
- Drive effective teamwork, communication, collaboration and commitment across functional groups with competing priorities
- Analyzing group's financial performance; informing management of trends and variances and recommending appropriate action; identifying, calculating and recommending most equitable allocation of group's expenses etc.
- Manage monthly close process by analyzing and reconciling expense activity; formulate monthly accruals/journal entries, utilizing various internal and vendor provided financial applications to ensure alignment with budgets and forecasts
- Interpret and evaluate monthly analyses of business trends, including forecast variance of financial results and Key Performance Indicators to identify areas of risk and opportunities and provide recommendations for management review and strategic business sessions
- Work with Lines of Businesses & Support functions to drive continuous improvement in financial and operational performance
- Manage Capital Budgeting/Forecasting including Fixed Assets and Balance Sheet reviews
- Manage and provide guidance on vendors that track and analyze vendor expenses to ensure costs are accurately captured and forecasted
- Manage General ledger Maintenance support processes (Open/Closer of Accounts, fields, organization hierarchies etc.)
- Manage SLA’s and measure them against metrics for continuous improvements and efficiencies.
Manager FP&A
TESCO bengaluru
11.2018 - 09.2022
- Spearheading a team of 13 colleagues
- Leading multiple teams like OneStop Store format, Central Europe, Product Finance Reporting
- Helping and directing colleagues to deliver quality adhoc analysis with required Descriptive analysis and insights
- Coaching Team, Appraisal discussions and Career Development of colleagues
- Multi Stakeholder Management
- Preparation and Review of Scorecards, Dashboards and Weekly Books for Management
- Working closely with Associate Director and Head of finance on various aspects of FP&A and Transition updates
- Activity Mapping, Due Diligence & Online Transition: Led full solution design life cycle for FP&A stream with end to end Online modes of communication during COVID and landed several FTE work to Bengaluru office
- Created Data gathering questionnaire
- Liaising with all market teams to gather data, solve their queries
- Data Analysis – create taxonomy mapping to define scope for solution
- Designed service delivery model including service placement
- Identify risk and develop mitigation strategies for project
- Developed strong stakeholder relation with Central Europe FP&A teams
- Participating in governance calls and providing key updates.
Senior Manager – F&AO
Exl Services India private limited (KPMG CLIENT)
09.2014 - 11.2018
- Spearheaded the team of 42 Members and 3 Managers
- Management reporting, monthly operating statements, financials and forecast comparison
- Monthly SLA and utilization PowerPoint dashboards
- Headcount reporting Presenting insights to US Big 4 clients on variance analysis
- Executing appraisal cycle for all team members
- Imparting coaching and training to team members
- Facilitating automation projects for existing activities and planning workloads for team members
- Liaising with KPMG Clients like Associate Directors, Senior Financial Analyst and others to understand requirement and work and help offshore team to analyze and deliver ad hoc requests
- Developing market development related reports including head count, expense spend and other analysis for KPMG and working closely with different teams to provide more insight in reports and analysis
- Leading month end close and journal preparation for incorrect charges and allocations and accruals.
Team Leader – Ops Finance
Tesco bengaluru
11.2010 - 09.2014
Sales Information Analyst- Technical
IBM India PVT.LTD. Bengaluru
05.2010 - 11.2010
Associate Analyst - FP&A
Target Corporation India Pvt. Ltd., Bengaluru
08.2008 - 05.2010
Senior Team Member - FP&A
J.P. Morgan Chase Services India (P) Ltd Corporation India Pvt. Ltd., Bengaluru
07.2007 - 08.2008
Senior Process Associate - Reporting
Hewlett-Packard., Bangalore
05.2006 - 07.2007
Payroll Analyst
Transworks Information Services Ltd., Bangalore
02.2005 - 10.2005
- On Deputation basis
Education
Bachelor of commerce -
Govt Ramnarayana Chellaram college of commerce
01.2002
Skills
- Advanced MS Excel
- SmartView HFM
- Power BI
- SAP
- Strategic Planning
- Forecasting
- Process Improvement
- Advanced Presentations
- Business Storytelling
Accomplishments
- Transitioned multiple roles from different countries like UK, CE and Jamaica during my tenure.
- Achieved 98% of satisfactory results in EVM for my stream. Team and Process management was recognized through these results.
- Successfully completed the Due diligence and solution design for one of the critical projects.
- Formulated: MFA Reports which are published till CEO Level and Executive Committee
- Super Target Reports for Directors and VP’s
- Bagged appreciation for automating the reports in the month of Dec’07 in JPMC
- Automated several reports into MS Excel which were consuming more time for preparing and formatting
- Awarded: E-Award for Best Performer in the month January 2007 in HP
- Best Leadership during 2017 by KPMG Client at EXL
- Reconciled the bank transactions for all the 6 months within in one day for a manufacturing company
- Recognized as “Torch Bearer” for 0% attrition in team of 7 during 2016 at EXL
- Achieved 0% attrition for 2.8 years in a capacity of 25 team members
Visa
B1B2, 2028
Personal Information
Date of Birth: 05/24/81
Timeline
VICE PRESIDENT – FP&A
wells fargo international solutions pvt ltd
09.2022 - Current
Manager FP&A
TESCO bengaluru
11.2018 - 09.2022
Senior Manager – F&AO
Exl Services India private limited (KPMG CLIENT)
09.2014 - 11.2018
Team Leader – Ops Finance
Tesco bengaluru
11.2010 - 09.2014
Sales Information Analyst- Technical
IBM India PVT.LTD. Bengaluru
05.2010 - 11.2010
Associate Analyst - FP&A
Target Corporation India Pvt. Ltd., Bengaluru
08.2008 - 05.2010
Senior Team Member - FP&A
J.P. Morgan Chase Services India (P) Ltd Corporation India Pvt. Ltd., Bengaluru
07.2007 - 08.2008
Senior Process Associate - Reporting
Hewlett-Packard., Bangalore
05.2006 - 07.2007
Payroll Analyst
Transworks Information Services Ltd., Bangalore
02.2005 - 10.2005
Bachelor of commerce -
Govt Ramnarayana Chellaram college of commerce
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