Summary
Overview
Work History
Education
Skills
Accomplishments
Certification
Languages
Timeline
Generic

Prakasha TC

Bengaluru

Summary

Dynamic finance professional with over 15 years of experience in financial and accounting functions, specializing in contract and vendor management. Expertise includes vendor financial planning and analysis, contract renewals for software and contractors, and purchase order management. Proven ability to collaborate effectively with stakeholders across supply chain management teams and business units, ensuring seamless budgeting, forecasting, and variance analysis processes. Committed to driving efficiency and delivering strategic insights that enhance organizational performance.

Overview

15
15
years of professional experience
1
1
Certification

Work History

Assistant Vice President (Financial Analyst)

Wells Fargo
11.2022 - Current
  • Working with US stakeholders as a Lead for Commercial Banking business representing team of three members from India, under Technology Finance.
  • Possess good working knowledge in CB business labour and non-labour space (Software / Hardware / Telecom / Fixed Bids) which constitute an annual budget of $80mm, materially impacting financial performance annually.
  • Taking transition from onshore and setting up processes like Contract management, contract renewals and Forecast processing in offshore to mitigate existing operational risks.
  • Engaging with various stakeholders to review, develop and implement controls to prevent from risk and non-compliance outcomes, also analyzing the risk incidents and issues with stakeholders.
  • BAU also includes M-o-M Forecasting, analysis of Actuals, Variance commentaries/explanations and Plan for upcoming Financial year.
  • Forecasting: Managing stakeholders/technology partners to discuss, review and submit monthly forecast to deliver accurate forecast projections. Actuals: Analyzing GL actuals including amortization, Accruals, Tax reversals and tax accruals. Plan: Review and update Plan for upcoming financial year based on contractual terms & conditions like CPI increases, Actualization, Accounting treatment changes and others.
  • Transformation of current/existing processes to bring in efficiencies and analyzing risks at global level. Training and guiding team members to manage transformation initiatives to optimize efficiencies.
  • Providing monthly explanations/commentaries for India & Philippines Non labour space with detailed forecast projections for Fixed Fee contracts along with Headcounts to India P&A team.
  • Working on Adhocs assigned like process documents, detailed financial analysis/walk and others.
  • Oversee of Vendor invoicing activities handled by the team in terms of Invoice verification, follow-up with vendors and account payables on queries, invoice postings to GL, Ageing review

Assistant Manager

Accenture Services Pvt. Ltd
11.2021 - 11.2022


● Transformation and Governance manager for overall PTP Process transformation and Improvement Projects.
● Responsible for resource footprint optimization (transitions).
● Driving new initiatives, change in processes and system enhancements to business and key stakeholders.
● Responsible for driving collaboration with multiple stakeholders, regional leads, and CFO’s.
● Identify Scope for improvement opportunities using criteria like Performance measures, Bottlenecks, Voice of customer,
non-value add activities, Industry best practice etc.
● Managing and supervising team of twenty people on day-to-day operation.
● Maintaining strong technical accounting skills and knowledge of internal control concepts.
● Procure to Pay ensuring compliance with internal controls and processes.
● Coordinating day-to-day tasks and workload balancing. Coordinating processes and reviewing invoices to ensure
accuracy.
● Strong accounting skills and understands financial reports and statements.
● Monitor and ensure that controls for PTP process is up to date and followed/performed by PTP operations.

Team Leader

Accenture Services Pvt. Ltd
03.2017 - 11.2021

Preparing Daily workloads for AP Clerks & Coordinating the daily allocation of work.
● Motivating the team to achieve high standards SLA (Service Level Agreements) and KPI targets.
● Monitoring the process inflow and productivity of the team members.
● Developed Operational Excellence Metrics (SIPOC, High Level Process Map, Failure Mode Effective Analysis, Standard
work Instruction with Control Plans),
● Quality Metrics for the process and showing the critical performance levels through visual boards (Digital Floor
Initiatives).
● Maintained Supplier and Shared Service Center reputation: Oversee and manage performance SLA and service quality to
guarantee customer/stakeholder satisfaction.
● Performed deep data analysis on Payment on Time, Invoice Missing Information and Supplier Tickets/Internal Tickets
Turnaround time and presented systematic data analysis enabling the project manager for delivering the project
milestones.

Process Associate

Hewlett-Packard
04.2010 - 07.2012
  • Processed PO and Non-PO invoices using 2-way and 3-way match for US region.
  • Resolved aged and on-hold invoices by collaborating with payment teams.
  • Handled email support and duplicate invoice validation.

Education

MBA - Finance & Marketing

Sambhram Academy of Management Studies
01.2009

BBM - Finance & Marketing

RC College of Commerce
01.2006

Skills

  • Budgeting & Forecasting
  • Strategic Sourcing & Procurement
  • Risk & Compliance Management
  • Stakeholder Engagement
  • P2P Process Optimization
  • Financial management
  • Supplier Relationship Management
  • Vendor Management & Governance
  • Financial Planning & Analysis (FP&A)
  • Leadership & Team Development

Accomplishments


  • International Onsite Transition – Successfully led the onsite transition of Vendor Management and Payments processes for Central and Eastern Europe (Germany, Slovakia) at Accenture, ensuring smooth knowledge transfer and operational continuity.
  • Online Process Transition – Successfully executed the remote transition of key Technology Finance functions (Accrual, Forecasting, Budgeting, Variance Analysis, and Vendor Management) from the US to India for Wells Fargo, improving process efficiency and delivery timelines.

Certification

  • Power BI (Beginner)
  • Alteryx (Beginner)
  • Successful Negotiation

Languages

English – Professional
Hindi – Beginner
Kannada – Native

Timeline

Assistant Vice President (Financial Analyst)

Wells Fargo
11.2022 - Current

Assistant Manager

Accenture Services Pvt. Ltd
11.2021 - 11.2022

Team Leader

Accenture Services Pvt. Ltd
03.2017 - 11.2021

Process Associate

Hewlett-Packard
04.2010 - 07.2012

BBM - Finance & Marketing

RC College of Commerce

MBA - Finance & Marketing

Sambhram Academy of Management Studies
Prakasha TC