Nitesh L
Financial analyst - FP&A
Bengaluru
Summary
Finance professional with 12 years of comprehensive experience across core accounting, financial reporting, and financial planning & analysis. Active involvement in budgeting and forecasting processes, analyzing variances, and driving cost optimization initiatives. Known for a strong analytical mindset, attention to detail, and the ability to collaborate cross-functionally to enhance financial performance and operational efficiency. Seeking to leverage deep domain knowledge and leadership skills in a dynamic finance role.
Finance professional with background in financial planning and analysis, prepared to deliver insightful financial strategies. Known for collaborative teamwork and achieving impactful results, ensuring adaptability to changing business needs. Proficient in data analysis, financial modeling, and strategic planning, valued for reliability and analytical acumen.
Experienced with financial analysis and strategic planning to enhance business performance. Utilizes financial modeling and data-driven insights to inform decision-making processes. Track record of delivering comprehensive budget management and variance analysis, ensuring financial accuracy and stability.
Diligent Financial analyst with strong background in financial planning and analysis. Adept at driving budgeting processes and delivering actionable insights to support strategic decision-making. Proven ability in financial modeling and variance analysis, ensuring accurate forecasting and financial stability.
Overview
12
12
years of professional experience
1
1
Certification
3
3
Languages
Work History
FP&A Analyst | EU Finance Operations (Transition from EU)
LKQ India
06.2023 - Current
- Developed and presented monthly business review decks covering SG&A, overhead expenses, project controlling, FTE metrics, and business KPIs, enabling leadership to monitor performance and drive strategic decisions.
- Led the actuals, budget, and forecasting process across EU regions by defining timelines, consolidating inputs, and ensuring alignment with functional heads.
- Conducted detailed variance analysis (Budget vs. Forecast vs. Actuals) for SG&A and overheads at the EU level, delivering insightful commentaries to support cost control and performance improvement.
- Designed and maintained flash templates to track Segment EBITDA postings from WD2 to WD5, ensuring timely and accurate financial reporting.
- Monitored functional actuals for both the Head Office and regional entities, supporting transparency and accountability in financial operations.
- Generated data analytics reports using BW Queries at the Segment EBITDA level, enhancing visibility into profitability and operational efficiency.
- Delivered daily and monthly sales performance reports, segmented by business unit and product category, supporting commercial teams with actionable insights.
- Built and maintained the HO Bridge file, providing functional-level clarity on variances between forecast scenarios, and supporting scenario planning.
- Managed rolling forecasts for project controlling, including business case evaluations for ongoing and new initiatives, improving project ROI tracking, and resource allocation.
- Oversaw asset register maintenance, disclosures, and monthly financial review statements, ensuring compliance and accuracy in fixed asset accounting.
- Supported the capitalization process, including proposing depreciation and amortization entries to reflect accurate asset values in accounting books.
- Collaborated closely with the Project Management Office to finalize projects across toll gates (T0 to T5), ensuring financial alignment, and governance throughout the project lifecycle.
GL Process specialist | EU Finance Operations (Transition from EU)
LKQ India
01.2021 - 06.2023
- Month end closures – Journal postings like Accruals, Prepaid, Recurring, Deferrals.
- Month end closures – control on AP and AR books closure, Trail balance validation, functional codes validation, FX revaluation.
- Financial schedules – Asset registers, Depreciation and amortization register, Disclosures schedule, financial statement reviews.
- Performing SOX controls and Cadency reconciliations.
- Performing Bank reconciliation and Bank entries postings.
- Supporting treasury team on Cash flow management.
- Preparing tax calculations and drafting the tax returns.
Cash Accountant | EU Finance Operations
Momentive Performance Materials
10.2015 - 01.2021
- Accounts Receivables - Handling O2C cycle (Order to Cash) Cash application process.
- Booking accurate and timely payments received and clearing all Customer/Vendor suspense accounts.
- Clearing all Bank suspense accounts by posting to respective GL’s.
- Daily Bank reconciliations.
- Analyse the credit limit of customers and removing order block (if any).
- Resolving Internal and External Audit queries.
- Payroll uploads and VAT return filing workings.
- Intercompany postings and reconciliations.
- Transition of Cash, VAT, Payroll process (onsite transition in Netherlands).
Accounts assistant | India
Positive Packaging Industries (Acuprint systems & Renewsys)
11.2013 - 05.2015
- Accounts Payable & Accounts Receivable - Accounting/Reporting of Daily Cash positions.
- Bank reconciliations.
- Debtors and Creditors books reconciliations.
- Assisted in monthly Management Information system (MIS).
Education
BCOM - Accounting
Vijaya College
Bengaluru, India01.2013
Skills
- Financial Planning and analysis
- Budget and Forecast
- Variance analysis
- Management reporting and Dashboards
- Business performance analysis
- BI Tools (Financial cubes, OBT, TM1)
- Cross-Functional Collaboration
- Advanced excel (LOOKUPs, Power pivot, basic Macros)
- ERP systems (SAP, MS Dynamics, Finacc)
Certification
Leadership Excellence Acceleration Performance (LEAP) - 2025
Accomplishments
- Think out of the box – Demonstrated in making process more automated and efficient by building templates in SAP - from Global Finance leader.
- Achieves Business results – Transition of VAT and Payroll activities was on time and gone an extra mile to support VAT activities much in advance of transition sign off. – from Global Finance leader.
- Trust and Team work – To be a part of success stories of MBS (Momentive business services)- from Global Finance leader.
- Annual Leadership award (2021) – Successful transition of activities, stabilization and improvisation as a Pilot batch.
- Outstanding team award – Process improvements, team collaboration.
Disclaimer
I hereby declare that all the above furnished information is true to best of my knowledge and belief. The originals will be produced as required.
Hobbies
Badminton, Singing, Travelling
Timeline
FP&A Analyst | EU Finance Operations (Transition from EU)
LKQ India
06.2023 - Current
GL Process specialist | EU Finance Operations (Transition from EU)
LKQ India
01.2021 - 06.2023
Cash Accountant | EU Finance Operations
Momentive Performance Materials
10.2015 - 01.2021
Accounts assistant | India
Positive Packaging Industries (Acuprint systems & Renewsys)
11.2013 - 05.2015
BCOM - Accounting
Vijaya College
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