Nikhilesh Jha
Vice President, Finance Transformation
Gurgaon,Haryana
Summary
Performance-driven Vice President with 15+ 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.
Overview
1
1
Certification
2
2
years of post-secondary education
17
17
years of professional experience
Work History
Vice President
Macquarie Global Services Pvt. Ltd Gurgaon
Gurgaon, Haryana
10.2018 - Current
- Driving Finance Transformation initiatives for the Banking division of Macquarie
- Responsible for managing forecasting models, allocation engine of the Bank
- FP&A lead SME of Banking division in Group wider GL replacement program
- Established a robust engagement model between Finance users and Technology/Business teams
- Leading a team of Finance SMEs, business analyst and technology expert in an onshore/offshore setup
- Led the Operating model change of the Gurugram team from a Management reporting to a system/analytics team
- Spearheaded cross-functional initiatives across departments to implement upgraded expense forecasting model(TM1) for the Bank
- Model/BAU support to the Finance partners during critical Budget/Forecast process
Senior Manager
Jio Payment Bank Ltd
11.2015 - 10.2018
- Led the Reporting & Analytics team for Jio Payment Bank & JioMoney.
- Creation of MIS eco system de novo for Jio Financial Services (Bank & wallet) for tracking business stats enabling instant decision making.
- Interfacing with Functional leaders daily for requirement gathering, conducting system analysis and finalization of technical/functional specifications of the report.
- Program Manager for Jio Financial Service wide implementation of data warehouse.
- Created/Implemented data warehouse framework/architecture considering ring fencing/Chinese wall concept while ensuring no business impact.
- Appreciated and acknowledged for developing real time dashboards for tracking transaction failures.
- 120 reports & ~70 data sources automated across business functions including Product, Customer care, Sales & Distribution, Ops, Recon & Settlement and Finance etc for Self service.
- Responsible for documentation of end to end processes including understanding business requirement, source system identification, replication of data, development of data sources/reports and final Go Live post UAT sign off.
- Migration of databases, reports and dashboards to newer versions/tools based on requirements/backend changes.
- Involved in preparation of strategy papers for JioMoney in consultation with Leadership team.
- Leading a team of mix of accountant, analysts & developers – 6 resources.
Senior Manager
Scope International
Chennai, India
05.2015 - 11.2015
- Led the offshore Global Operations & Technology Finance Ops team supporting senior stake holders located ac ross globe.
- Responsible for monthly Operating expense view to Key stakeholders for all functions and regions.
- Monthly tracking of expenses/headcount against budget and forecast and flagging material variances along with the underlying event.
- Providing deep dive analysis to Operations head enabling them to achieve Efficiency and stretch target committed.
- Responsible for providing drivers of movement between Budgets and Forecast at Functions level.
- Managing quarterly forecasts and annual budgets including liaising with countries, uploading numbers in the tool and preparing budgets packs.
- Providing insight of the monthly recharges, allocations to the Ops head.
Manager- Finance
Genpact India Ltd
Gurgaon, India
09.2012 - 05.2015
- Led the offshore Management Reporting & Analysis team for Personal Insurance department of Suncorp Group Ltd including leading a team of 9 FTEs to an onshore transition of ~3 months
- Responsible for ongoing service delivery as per the agreed Service Level Agreement (SLA).
- Established and maintained effective relationship with Business Partners and identified areas of service improvements by implementing regular calls and feedback mechanism( Agile methodology).
- Ensured all processes were correctly and thoroughly documented in Standard Operating Procedures.
- Responsible for reviewing various monthly Expenses, FTE, Revenue and Consolidated reports along with managing budget and forecast cycle for offshore team.
- Presenting team’s capability during various floor visit of external clients.
- Leading implementation of Report optimization project including UAT, testing & final rollout across offshore office.
- Involved in hiring of back fill & growth resources for the entire FP&A team.
- Remotely transitioned ~0.50 FTE work within the existing capacity resulting in ~6% productivity gain to the client.
- Development of allocation rules for all cost centres based on the driver data ensuring accurate expense recharge.
- Responsible for preparation and finalization of monthly operating management reports, quarterly performance management reports and balanced scorecards for the Personal Insurance (PI) senior management team, (including.
Executive
Macquarie Global Services Pvt Ltd
Gurgaon, Haryana
11.2008 - 08.2012
- Joined as a Senior Associate in Nov’08, promoted to an Executive in July’11.
- Part of Service Area Finance team supporting various Service Areas during the period.
- Traveled to onsite location to transition the new work for the Service Area team and also provided Onsite support to the client during the onshore stay
- Month end cost allocation processing for various Service Areas.
- Following up with Service Area team globally for any pending input data.
- Working closely with People Soft team for timely allocation of Service Area cost.
- Responding to ad hoc queries from Service and Business Area.
- Work collaboratively with team of staff performing similar tasks across other locations.
- Preparing Expense reports for various Business Units including identification of variances and providing insight around the same.
- Identified as one of the key resource to prepare and publish highly critical Business Group Reports.
- Preparing Balance Sheet Reconciliation for various Business Units for Service Areas.
- Pointing potential issues that may be identified while preparing reconciliations.
- Maintaining and keeping a tracker of all the open issues.
- Ensuring all open issues are cleared before the month end.
- Identified as one of the Super Users to implement migration from RACS system to BCS system.
Management Trainee
Genpact India Ltd
Gurgaon, India
01.2006 - 10.2008
- Worked for Wachovia Bank, one of the largest US Bank.
- Joined as a Process Associate in Jan’06.Promoted to a Management Trainee in Feb’08.
- Handled a team of 17(dotted line) working on daily adjustments on depositor accounts / General Ledger and charge-offs with other financial institutions / Federal Reserve.
- Worked as a Management Trainee (Coach) in Operations with Wachovia Bank (US) account.
- Worked for Wachovia Finance Department for back office adjustments and bookkeeping account records.
- Training new batches and developing their growth plan and performance metrics.
- Single Point of Contact for all Process Related Queries.
- Interacting with the client for any unresolved queries or for any changes to be made.
- Preparing and updating Standard Operating Procedure (SOP).
- Lead and ensure daily activities are timely executed.
- To report/escalate exceptions to the Manager.
Audit Assistant
Sureka Agrawal & Co
Kolkata, India, West Bengal
07.2002 - 03.2004
- Conducting Statutory and Concurrent Audit of various nationalized Banks.
- Conducting Tax Audit of various companies.
- Assisting in preparation of Final A/c of Companies Professional Qualification & Training.
Education
PGDBM Finance
NIILM School of Business
New Delhi 07.2004 - 05.2006
Skills
Analytics Translator
undefinedCertification
Advanced Program in Dat Science from IIM Calcutta
Timeline
Advanced Program in Dat Science from IIM Calcutta
03-2019
Vice President
Macquarie Global Services Pvt. Ltd Gurgaon
10.2018 - Current
Senior Manager
Jio Payment Bank Ltd
11.2015 - 10.2018
Senior Manager
Scope International
05.2015 - 11.2015
Manager- Finance
Genpact India Ltd
09.2012 - 05.2015
Executive
Macquarie Global Services Pvt Ltd
11.2008 - 08.2012
Management Trainee
Genpact India Ltd
01.2006 - 10.2008
PGDBM Finance
NIILM School of Business
07.2004 - 05.2006
Audit Assistant
Sureka Agrawal & Co
07.2002 - 03.2004
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