Nishant Agrawal
Noida
Summary
Dynamic finance professional with extensive experience at Ameriprise Finance LLP, excelling in budgeting and forecasting. Proven track record in optimizing expense management and enhancing team performance through effective mentoring. Skilled in GL analysis and reporting, leveraging tools like Essbase and Workday to drive strategic financial initiatives.
Overview
16
16
years of professional experience
Work History
Manager, Finance LFO
Ameriprise Finance LLP
10.2011 - Current
- Currently supporting real estate leadership as an LFO by managing expense and allocation planning along with providing ad-hoc support on various key projects
- BAU includes CFO-LFO commentaries, monthly forecasting, monthly real estate deck, QBR financial summaries and month-end closing.
- Collaborate with controllership team to ensure month-end/ year-end governance, WIP expense transparency, assets set-up and accrual aging
- SME on planning/ forecasting of staff related expenses and annual & long term awards
- Help business in identifying and achieving reengineering targets
- Maximize performance by monitoring daily activities and mentoring team members.
- Accomplish multiple tasks within establish timeframes.
- Cross-train existing employees to maximize team agility and performance.
- Evaluate employee performance and convey constructive feedback to improve skills.
- Establish performance goals for employees and provide feedback on methods for reaching those milestones.
Regional Accounts Officer
HDFC Life Insurance Company
12.2009 - 04.2011
- Assist departments in establishing annual budget targets, assumptions and ensuring budgeting figures to be comprehensive and logical.
- Analyze and distribution of monthly budgeted/actual cost variances and assisting leaders in reviewing them and meeting annual plan targets.
- Scrutinize and approve vendor and utility payments, employees’ Non-CTC reimbursements, incentives branch petty expenses and advances in SAP.
- Check expenses against budget controls, entered figures and reconciled business accounts to address discrepancies.
- Create purchase and work orders in SAP under advice from admin for the requisitions raised by branches as well as ensure passing of goods receiving note in SAP by branches.
- Ensure deposition of the previous day's collections into bank the very next day and initiating recovery from Agency as per terms of agreement.
- Verify fixed assets at branches as per HO advices and monitoring regional fixed asset register in SAP, tracking of asset movements, and maintaining of record of sale invoices, for assets sold/ scrapped in the region.
- Review of internal control and accounting, system & processes as per SOP & company guidelines reporting weakness inherent in system and leading efforts for streamlining processes.
- Collaborate with purchasing department to reconcile vendor invoices and facilitate payments.
Education
CFA (ICFAI) -
ICFAI
Hyderabad, India01-2007
Bachelor of Commerce -
KR Degree College
Mathura, India01-2003
Skills
- Budgeting & Forecasting
- Allocation planning
- GL analysis & reporting
- Financial Accounting
- Essbase, Workday
Accomplishments
- Saved ~ $500K by identifying and resolving several erroneous invoicing related cases
- Saved over 2000 hours by transitioning and streamlining several processes
- Successfully led the execution of Peoplesoft to Workday transition project for ES LFO team
- Successfully set-up the FP&A and reporting framework of IA (intelligent automation) team
- Transitioned and standardized several staff groups FP&A processes
- Diverse experience of managing all Staff groups areas, ATS and Tech EMEA
- Delivered strong & in-depth analysis on several key projects
- Supported segment LFOs in setting-up FP&A framework
Timeline
Manager, Finance LFO
Ameriprise Finance LLP
10.2011 - Current
Regional Accounts Officer
HDFC Life Insurance Company
12.2009 - 04.2011
CFA (ICFAI) -
ICFAI
Bachelor of Commerce -
KR Degree College
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