Bala Vignesh Kumar
Chennai
Summary
Adept at constructing financial models and leading project initiatives, I significantly enhanced operational efficiency at Philips. My expertise in budget forecasting and resilient adaptation, coupled with a track record of uncovering cost-saving opportunities, showcases my ability to drive profitability and manage complex analyses with innovative problem-solving skills.
Overview
16
16
years of professional experience
Work History
Sr. Manager
Philips
10.2018 - Current
- Constructed financial modeling systems to anticipate outcomes and analyze exposure.
- Partnered with zones and business units to assess alignment of actuals against forecast.
- Uncovered cost-saving opportunities through detailed analysis.
- Oversaw budgeting workflows, creating monthly variance analyses.
- Managed collaboration with internal teams to finalize projects within deadlines and budget.
- Resolved operational problems in partnership with systems analysts, engineers, and programmers.
Sr. Financial Specialist
Maersk
03.2017 - 10.2018
- Evaluated financial outcomes of terminal operations across SAF & WAF to identify trends.
- Prepared quarterly forecasts on operational heads to ensure financial accuracy.
- Created comprehensive dashboard displaying top revenue-generating customers by terminal.
- Secured compliance in recognizing revenue.
- Guided improvement in profitability by analyzing cause-and-effect relationships.
- Held monthly review meetings with CFO on segmental and management results.
- Evaluated variances in revenue, cost, and margin.
- Executed effective transformation of financial workflows.
Specialist
Flex
12.2012 - 03.2017
- Developed annual budget with entity leaders.
- Computed weekly cash flow forecasts for non-operating entities.
- Analyse & report the Capital and Revenue Expenditure
- Managing comprehensive reporting processes.
- Maintain the Schedules including Revenue Analysis, Direct Costs Analysis, Provision & Prepayment Schedule, Accrued Income, Interco booking, IC Variances & AR Ageing
- Responsible for the Accrual Forecast preparation & matching with the respective invoice
- Providing inputs to corporate treasury about purchase & sale of currencies
- Maintained accuracy in monthly closing encompassing accrual, prepaid amortization, and inter-co transactions.
Finance Executive
Wipro Technologies
05.2009 - 12.2012
- Merged sales data from multiple verticals and service lines to enable streamlined reporting.
- Calculated incentives for BDMs based on business activity and revenue.
- Conducted monthly reviews with group CFO and business leaders.
- Highlighted key areas of improvement by tracking business impact driven by BDM activities.
- Executed incentive calculation for BDM sales.
Education
MBA - Finance & Human Resource
AMS College of Engineering
Chennai06.2009
BBA -
The New College
Chennai06.2007
Skills
- Budget forecasting
- Effective Presentations
- Resilient Adaptation
- Innovative Problem Solving
- Analytical Evaluation
- Project Initiatives
- Relatable storytelling
- Predictive analytics
Websites
Awards And Feats
- Star of the Quarter for the Development of Margin Analytics Tool - Philips
- Titanium Award for automating the BPC synchronization - Flex
- Going Extra Mile for successful transition of finance operations (revenue of ~5M USD) from Location (Mau) to GSC. - Maersk
Disclaimer
I hereby declare that all the information provided by me in this application is factual and correct to the best of my knowledge and belief.
Timeline
Sr. Manager
Philips
10.2018 - Current
Sr. Financial Specialist
Maersk
03.2017 - 10.2018
Specialist
Flex
12.2012 - 03.2017
Finance Executive
Wipro Technologies
05.2009 - 12.2012
MBA - Finance & Human Resource
AMS College of Engineering
BBA -
The New College
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