Parimala E
Hyderabad
Summary
Dynamic Senior Financial Analyst dedicated to driving professional growth and delivering impactful results. Expertise includes financial planning, forecasting, analysis, and budgeting, with a proven track record of enhancing operational efficiency and shaping strategic direction to boost bottom-line performance. Recognized for identifying cost-saving opportunities and implementing process improvements, complemented by specialized skills in financial modeling and risk assessment. Tech-savvy professional adept at qualitative and quantitative analysis, contract management, and utilizing advanced financial management software to inform business strategy and decision-making.
Overview
13
13
years of professional experience
2023
2023
years of post-secondary education
4
4
Languages
Work History
Senior Financial Analyst
Novartis Services Pvt Ltd
08.2022 - Current
- Analyzed financial data to identify trends, discrepancies, and opportunities for improvement.
- Created detailed reports summarizing financial performance metrics for senior management review.
- Assessed internal control processes related to accounting systems, procedures, policies.
- Reviewed contracts between vendors and suppliers ensuring compliance with company policy and regulations.
- Trained new professionals on corporate policies and objectives and provided mentoring and assistance, which improved overall retention and morale.
- Analyzed financial data to identify trends, patterns and strategies.
- Utilized financial software and advanced Excel functions to streamline data analysis and reporting processes.
- Trained junior analysts on financial analysis techniques and best practices.
Operations Specialist
DSM SHARED SERVICES
07.2017 - 07.2022
- Aligned all invoice types to accounts payable.
- Quality Check of invoices processed by co-associates
- Facilitate efficient processing by assigning daily queued invoices.
- Posting the PO’s and getting the GR updated whenever required
- Direct postings in SAP for urgent payments
- Reconciliation and reporting activities
- Research and Resolve the payment returns and rejections
- Clearing the House Account Balance by making necessary postings
- Facilitated training programs to enhance co-associates' skills.
- Having calls with the Onshore team or Front Office and getting the resolution done for the Overdue and Dispute invoices
- Transition: I have transitioned the Italy Finance process
- Below activities were involved during the transition
- Conduct regular discussions with site personnel.
- Secured approval for established SOPs after thorough understanding of the process.
- Standardized procedure by relocating process from Italy to Hyderabad within a month.
- Secured sign-off for the project by showcasing self-sufficiency.
- Handling all the month end ATR activities, closing the periods and supporting team to close all entities before timeline and finalize the financial statements
- Drive Operational performance, Period end close and Forecast activities are performed & delivered timely and accurately
- Preparing the monthly dashboards and discuss with stake holders and management on process updates, challenges, improvements
- Lead the drive for continuous process improvements by collaborating with stakeholders to design new solutions that enhance business performance
- Responsible for overseeing the entire process of generating the company's financial statements, as well as management discussion and analysis.
- Working with projects teams on integration local systems to ERP SAP & S4 HANA
- Monitoring employee productivity and optimized procedures to reduce costs.
- Performing monthly audits, internal Controls & ICF controls and submitting within timeline and review the controls submitted by team and approve
- Reviewing daily payments & approving and clearing all the bank intermediate account
- Applications Used: SAP
Quality Analyst
Cognizant Technology Solutions
01.2013 - 06.2017
- Aligned all invoice types to accounts payable.
- Quality Check of invoices processed by co-associates
- Facilitate efficient processing by assigning daily queued invoices.
- Streamlined supplier management system.
- Updated SOPs with new information regularly.
- Managed inbound calls related to accounts payable concerns.
- Reconciled credit notes with relevant invoices.
- Offer effective solutions based on comprehensive analysis.
- Ensured accurate verification of payment information and created new vendor profiles.
- Managed entry of Wealth Management invoices into SAP.
- Reviewing all the GST/ Tax reclassification entries before posting to SAP
- Posting the PO’s and getting the GR updated whenever required
- Direct postings in SAP for urgent payments
- Reconciliation and reporting activities
- Research and Resolve the payment returns and rejections
- Clearing the House Account Balance by making necessary postings
- Facilitated training programs to enhance co-associates' skills.
- Having calls with the Onshore team or Front Office and getting the resolution done for the Overdue and Dispute invoices
Education
LLB - Law
Anantha Law Degree College
MBA - HR, Marketing
Auroras Technological Research Institute[ATRI]
B.com - Computers
Wesley Women’s Degree College
10+2 - CEC
Sri Chaitanya Junior Kalasala
10th class - ICSE
St Martin’s High School
Skills
Conducting monthly audits, overseeing internal controls, reviewing and approving
Affiliations
- Conducted Virtual Event with Live band during Pandemic for Annual Awards Ceremony in DSM
- Have managed various Engagement activities to create Team Bonding
- Was part of Engagement Council where the One on Ones are taken with the Employees and addressing in the right forum
- Have Co ordinated and brought the policy for the Welfare of the employees
Accomplishments
Received 5 star awards for processing all the invoices globally with 100% accuracy.
Received 1 Opel Award as I took up extra activities apart from doing daily deliverables and extended support in meeting deadlines for the team members too.
Received Bright spark Awards and Trail blazer awards for processing good numbers and taking up extra activities and giving good results.
Received Team Award for the Italy site that was transitioned
Got Inter dependent Award as I was handling the Closing activities without any problem even though my back up and the site Manager was on emergency leave.
Disclaimer
I hereby declare that the above cited information is true to the best of my knowledge and belief.
Professionalexcellencesummary
- Good analytical and interpretation skills delivering efficiency and desired output.
- Self-motivated and focused, able to prioritize tasks and take quick decisions.
- Flexible with the ability to multitask and meet deadlines.
- Good interpersonal skills.
- Self-motivated and results-oriented attitude.
- Takes responsibility for actions and is solution-oriented.
- Monitored accounts payable processes including purchase order requisition, invoice creation, timely payments, master data, GR-IR reconciliations, and invoice dispute handling.
- Conducting monthly audits, overseeing internal controls, reviewing and approving
- team-submitted controls, and ensuring timely updates to all policies and procedure
- Creating process dashboards and collaborating with stakeholders and management to provide updates, address challenges, and implement improvements.
- Performed balance sheet reconciliations, SAP FI vs SAP CO recons, P&L variance analysis, and open items management
- Overseeing all month-end ATR activities, closing periods, and supporting the team in finalizing all entity closures within the timeline to complete financial statements.
- Driving operational performance, ensuring period-end close and forecasting activities are executed accurately and on time.
Personal Information
- Spouse's Name: Sunil Shekhar
- Date of Birth: 10/30/89
Timeline
Senior Financial Analyst
Novartis Services Pvt Ltd
08.2022 - Current
Operations Specialist
DSM SHARED SERVICES
07.2017 - 07.2022
Quality Analyst
Cognizant Technology Solutions
01.2013 - 06.2017
MBA - HR, Marketing
Auroras Technological Research Institute[ATRI]
B.com - Computers
Wesley Women’s Degree College
10+2 - CEC
Sri Chaitanya Junior Kalasala
10th class - ICSE
St Martin’s High School
LLB - Law
Anantha Law Degree College