Kumar Sourabh

Senior Finance Manager

IDP Education India Pvt. Ltd.

5 2018 - Current

Key Result Areas: Consolidation of financials of #6 countries, the budget, forecast for South Asia
Examining procedures and guaranteeing improvement wherever possible
Acting as a middleman for system reports to automate, standardize, and streamline for time-saving and efficiency and as an internal controller for South Asia countries to prevent any negative effects from compliance and audits
Leading procurement process with the objective of cost-saving and process standardization
Providing insightful reports to management to adhere to compliance/ authority / HO
Leading the IFRS implementation for the South Asia region (IFRS 15 and 16) and collaborating with the India finance team for cleaning of AP/ FA / GL account codes.
Implemented new accounting software to automate manual processes, increasing accuracy and efficiency in financial reporting.
Streamlined month-end close process through automation initiatives that increased data accuracy while reducing time spent on administrative tasks.
Enhanced internal controls by implementing strict compliance procedures and conducting regular audits.
Reduced overhead costs by identifying inefficiencies in existing processes and implementing cost-saving measures.
Analyzed complex financial data to identify trends, risks, and opportunities for improvement within the organization''s operations.
Mentored junior staff members, fostering professional growth and contributing to a positive work environment.
Improved working capital management by optimizing accounts receivable collections and accounts payable disbursements processes.
Implemented efficient payroll processes, ensuring timely and accurate compensation for all employees while maintaining compliance with tax regulations.
Advised executive leadership on financial risks and opportunities, contributing to informed decision-making processes.
Collaborated with executive leadership on strategic planning initiatives, providing expert insights into potential financial implications of proposed actions.
Negotiated favorable terms with vendors, reducing the overall cost of goods sold and positively impacting profitability.
Optimized cash flow management, improving liquidity positions for business expansion initiatives.
Developed a robust internal control system to enhance financial integrity and compliance with regulations.
Streamlined the budgeting process for improved financial planning and forecasting.
Enhanced cross-functional communication between accounting, finance, and other departments to improve overall efficiency.
Spearheaded successful audits by collaborating with external auditors on annual reviews of company financials.
Consolidated financial statements, ensuring timely reporting to executive management and stakeholders.
Standardized financial reports across business units for easier consolidation and comparison of results at the corporate level.
Secured financing through strong relationships with banks and investors, enabling organizational growth objectives to be met more efficiently.
Led successful merger and acquisition activities, including due diligence reviews, valuation analysis, negotiation support, and post-integration efforts.
Increased financial accuracy by implementing new accounting software and procedures.
Developed strategic plans for day-to-day financial operations.
Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
Complied with established internal controls and policies.
Prepared internal and regulatory financial reports, balance sheets and income statements.
Analyzed business processes to identify cost savings and operational efficiencies.
Performed banking, business administration and financial tasks to guarantee five-star service for clients.
Established internal audit procedures to validate and improve accuracy of financial reporting.
Improved overall financial reporting by streamlining control processes and reporting structures.
Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
Supported financial director with special projects and additional job duties.
Conducted financial due diligence on potential investments and acquisitions.
Utilized financial software to prepare consolidated financial statements.
Created financial dashboards to provide insights into key performance indicators.
Evaluated and negotiated contracts to procure favorable financial terms.
Established and checked coding procedures, monitored reports and updated internal files.
Designed and maintained financial models to identify and measure risks.
Created and managed financial models to evaluate corporate investments and acquisitions.
Collaborated with C-level executives and stakeholders to develop long-term financial plans.
Prepared reports analyzing specific aspects of department structures, functions and operational procedures and recommended ways to improve productivity.
Ensured compliance with accounting standards and regulations by maintaining accurate financial records and documentation.
Retrieved and organized data into required reporting formats to provide basis for comparison and evaluation.
Contributed to long-term financial strategy by evaluating potential investments, acquisitions, and divestitures based on rigorous financial analysis.
Evaluated and analyzed variety of financial results and indicators such as capital expenditures, depreciation, proposal and investment opportunities to improve financial results.
Influenced strategic decisions by conducting industry trend analyses and presenting findings to senior leadership.
Reduced manual workloads through the implementation of automation tools for routine FP&A tasks.
Enabled informed decision-making with timely delivery of ad hoc reports tailored to specific stakeholder needs.
Streamlined financial reporting processes by automating data extraction and consolidation tasks.
Promoted data-driven decision-making by establishing a centralized repository of financial information, ensuring easy access for all relevant stakeholders.
Expanded market share analysis capabilities through competitive benchmarking studies, providing valuable intelligence to inform business strategies.
Improved budgeting efficiency by implementing a standardized process for departmental input collection.
Enhanced forecast reliability through the development of robust financial models and scenario analyses.
Increased financial accuracy by reviewing and analyzing budget variances on a monthly basis.
Elevated organizational understanding of financial metrics by creating visually engaging dashboards for management reporting purposes.
Optimized resource allocation by assisting in the annual budget planning process and identifying areas for improvement.
Supported strategic decision-making with thorough analysis of key performance indicators and trends.
Prepared special studies, analysis and recommendations in areas such as budgets, forecasts, financial plans and statistical reports.
Safeguarded company assets by monitoring capital expenditure requests against established budgets and ensuring proper approval protocols were followed.
Analyzed records of present and past operations, trends and costs and estimated and realized revenues to project future revenues and expenses.
Strengthened internal controls through regular testing, identification of gaps, and implementation of corrective actions as needed.
Assisted in M&A activities such as valuation analyses, due diligence support, and post-acquisition integration efforts to maximize deal value realization.
Facilitated cross-functional collaboration, sharing insights from financial analysis with key stakeholders to drive business growth.
Fostered a culture of continuous improvement within the finance team by leading training sessions on best practices in FP&A processes and tools.
Drafted comprehensive financial plan to offer recommendations and supporting data.
Coached and advised clients in business plans and processes to achieve profit objectives.
Developed recommendations specific to client's financial situation on variety of topics.
Interviewed clients to determine current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance and other information needed to develop financial plan.
Established and deepened existing client relationships through complex financial planning.
Created and maintained precise and accurate models, charts and reports.
Assisted in preparation of presentations, data tables and other documents for investor meetings.
Participated in client meetings to discuss financial analysis and investment strategies.
Developed financial projections and forecasts to guide investment decisions.
Developed financial models to assess potential investments and identify potential risks.
Reviewed and analyzed project spending throughout project life cycle.
Helped clients make optimal decisions on amounts and timing of capitalization.
Monitored market trends and news to identify emerging opportunities.
Evaluated performance of existing investments and adjusted accordingly.
Improved emergency resolution processes to save time.
Created financial strategies to optimize portfolio performance and reduce risk.
Generated comprehensive reports on portfolio performance and risk assessment.
Assisted companies with choosing and timing investments for optimal results.
Developed trading strategies to maximize returns on investments.
Researched macroeconomic, industry and company-specific data to inform investment decisions.
Instituted best practices in financial management processes by conducting regular reviews of procedures, policies, and systems for continuous improvement opportunities.
Successfully managed multiple, concurrent projects by prioritizing tasks and allocating resources efficiently.
Improved internal controls and risk management strategies to safeguard company assets and minimize potential losses.
Managed a high-performing finance team, providing guidance and mentorship to foster professional growth and development.

Summary

Overview

Work History

Senior Finance Manager

Manager

Manager

Senior Analyst

Assistant Manager

Education

Chartered Accountant (CA) -

B.Com. - undefined

Skills

Notableaccomplishments

Personal Information

Languages

Timeline

Manager

Manager

Senior Analyst

Senior Finance Manager

Assistant Manager

Chartered Accountant (CA) -

B.Com. - undefined

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