Summary
Overview
Work History
Education
Skills
Accomplishments
Additional Information
Software
Certification
Timeline

Premraj Bhikaram

Engagement Financial Advisor
Bengaluru,KA

Summary

Experienced Senior Consultant with background in Project Accounting, Pricing, Profitability Analysis, Accounts Payables and Receivables, Vendor Management. Experience in banking domain with ability to understand complex Income statements, Balance sheets and Cash flow statements. Experience in Fund Accounting, trade settlement and corporate actions. Well-coordinated in addressing problems, investigating root causes and implementing successful resolutions.

Overview

1
1
Certification
5
5
years of post-secondary education
10
10
years of professional experience

Work History

Senior Consultant

Deloitte Consulting India Pvt. Ltd.
Bangalore, Karnataka
01.2017 - Current
  • Create Pricing models for new engagement with optimum staffing mix to maximize engagement profitability.
  • Draft and review Engagement letters
  • Set up templates to track time and expenses, compare actuals vs forecast, monitor financial health and raise any red flags.
  • Suggest changes to forecast based on periodic review.
  • Ensure timely billings and collections of client invoices.
  • Pay vendor invoices through Accounts Payables.
  • Process Journal entries to recognize revenue under correct cost centers.
  • Assist the leadership in decision making by providing dashboard reports containing financial analysis, variance analysis, expense analysis and scenario based analysis.
  • Responsible for training new team members on engagement economics, reviewing their work and mentoring them.

Deputy Manager

State Bank of Mysore
Mysore, Karnataka
12.2012 - 11.2016
  • Prepare budgets for loan and deposit growth and achieve targeted level of operational efficiency by creating an action plan.
  • Review Income statements, Balance sheets and Cash flow statements before sanctioning a loan.
  • Draft loan agreements and have them executed by Borrower and Guarantor
  • Periodically review all loans, maintain sufficient provisions for bad loans.
  • Ensuring there’s a high level of customer service at branch
  • Cash management to maintain optimum levels of cash in branch and ATM.
  • Liaison with government departments to meet loan targets under government sponsored schemes.

Team Member

JP Morgan India Pvt. Ltd.
Bangalore, Karnataka
09.2011 - 11.2012
  • Calculate and report Net Asset Values (NAVs) for funds on a daily basis and report to offshore clients.
  • Perform daily reconciliations for accurate accounting and record keeping.
  • Prepare cash reconciliation between parties (i.e. systems, brokers, investment managers); research and resolve discrepancies, including currency differences.
  • Report cash availability to portfolio/investment manager to ensure minimum idle cash.
  • Monitor and record security transactions including trade, interest payments, maturities, and corporate actions.
  • Complete variance analysis of stock prices over time and research typically by utilizing tools such as Bloomberg terminals

Default Management Specialist-Foreclosure

Ocwen Financial Services India Pvt Ltd
Bangalore, Karnatake
11.2008 - 09.2009
  • Initiate foreclosure proceedings against mortgaged properties in the event of default in payments.
  • Liaise with attorney firms in US to complete foreclosure in an efficient and time bound manner.
  • Provide customer support services to borrowers and assist them with payment of defaults.
  • Timely publication of auction notices in newspapers as part of regulatory compliance.
  • Accurate accounting of the proceeds received from auction of mortgaged properties.

Education

MBA - Finance

P.E.S School Of Engineering, Bangalore
09.2009 - 07.2011

BBA - Finance

B.E.S College, Bangalore
06.2005 - 05.2008

Skills

Power BI

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Accomplishments

  • Created a custom template while being part of Project Controller team which improved accuracy of billings
  • Appreciated for surpassing loan targets in State Bank of Mysore.
  • Recognized with "Efficiency award" in JP Morgan

Additional Information

  • Possess valid US B1 Visa

Software

Power BI

SAP Business Client

Certification

Advanced Excel

Timeline

Senior Consultant - Deloitte Consulting India Pvt. Ltd.
01.2017 - Current
Deputy Manager - State Bank of Mysore
12.2012 - 11.2016
Team Member - JP Morgan India Pvt. Ltd.
09.2011 - 11.2012
P.E.S School Of Engineering - MBA, Finance
09.2009 - 07.2011
Default Management Specialist-Foreclosure - Ocwen Financial Services India Pvt Ltd
11.2008 - 09.2009
B.E.S College - BBA, Finance
06.2005 - 05.2008
Premraj BhikaramEngagement Financial Advisor