Puneeth Upadhyaya
Bengaluru
Summary
Driven leader of Finance, offering over 22 years of experience in Controllership, Business finance, Planning & Communication and Process improvements, across multiple business industries and scale (MNC to Start-ups). Known for optimizing resources to achieve the core mission by earning the confidence of key stakeholders and establishing a positive corporate culture. A motivated leader with expertise in building high performance teams, driving cross functional projects and sharp focus on quality of execution.
Also customer-focused in managing Senior Execs, Investors, External partners and building strong business relationships. Strengths include strong analytical skills, problem solving, agility and decision-making.
Overview
22
22
years of professional experience
1
1
Certification
Work History
Head of Finance (SD) - POS Business
Razorpay
01.2020 - Current
- Developed business systems and structures to establish best practices in accounting and finance. The POS vertical ARR grew 100% in 2.5 years and finance drove major SaaS initiatives.
- Oversaw annual audit process, ensuring accurate representation of financial position in accordance with GAAP standards for the foreign entity & India entity.
- Monitored budget and revenue trends to create a robust information system for company leadership for informed decision-making.
- Optimized cash flow management through efficient working capital strategies and investment decisions.
- Collaborated with cross-functional teams to align financial goals with overall company objectives.
- Spearheaded merger and acquisition activities, successfully integrating acquired companies into existing financial structures.
- Negotiated contracts with suppliers for more favorable terms, resulting in significant cost savings.
- Led implementation of new ERP system (SAP), increasing efficiency within the finance department while enhancing data visibility.
- Ensured compliance with all regulatory requirements by staying abreast of industry changes and updating policies accordingly.
- Strengthened communication between finance department and other business units, fostering an environment of collaboration across the organization.
- Drove revenue growth by identifying key levers, building pricing plans & influencing customers on business engagement.
Group CFO
Machani Group Of Companies
07.2018 - 01.2020
- Managed P&Ls of Real estate, Design, Robotics & Hospitality business.
- Responsible for Board of Directors reporting & Review process.
- Managed capital and devised corporate financial strategies to maximize bottom-line profitability.
- Strengthened partnership with NBFCs, Banks & Consultants to prioritize fund availability.
- Established Financial discipline & reporting structure for the group companies.
- Built deep partnership with respective CEOs to influence business growth.
- Scaled up R2R, P2P processes across entities leading to a strong FP&A structure
- Gained proficiency in Indirect Tax matters & handled Govt. agencies.
Senior Manager
Dell EMC
06.2014 - 07.2018
- P&L Controller for India mobility & Global Services COE / Innovation center. Involved in key strategic decisions for the India site.
- Managed the Finance operations and PnL for the largest COE of EMC Services. A total headcount of 4000 people working for Global Services was handled by the India FP&A team. Long range & AOP cycles were driven in coordination with the US head quarters.
- Influenced investment decisions for setting-up world class infra & command center in the India GCC. Evolved as the key go to person for US teams to drive local finance actions.
- Drove turnaround initiatives in Dell's consumer PC business towards path to profitability. Continuous evaluation & monitoring of marketing spends & other overheads.
Sr. Financial Analyst
Intel Technologies
07.2005 - 05.2014
- Led a cross functional team across Fabs (Factories) in different international sites on cost benchmarking & chaired the cost council in making recommendations.
- Actively engaged in ‘should-cost-model' based negotiations with direct material vendors & created a healthy balance in the supply chain ecosystem.
- Worked on early-stage product PnL suggesting profitability levers to the pathfinding & product roadmap teams.
- Represented the lead site in US for coordinating FP&A activities across multiple locations for headcount, spends & capex management.
- Systems around analysis & reporting introduced, managed revenue accounting & reporting for South Asia sales function working closely with the Country Manager.
- Pushed Rev-Max initiatives by formulating the right prod & price mix.
Finance Officer
Bosch
08.2002 - 01.2005
- Responsible for core finance, inventory controls, standard costing, pricing decisions & cost optimization projects in the Gasoline systems.
- PnL management & cost optimization projects were accelerated through MIS reporting.
- Supported the reviews with Board of Directors & other stakeholders.
- FP&A support for the business coordinating month close with shared services teams.
Education
MBA - Finance & Operations
Indo-German Training Center (Division of IGCC)
Mumbai, India08.2002
Masters of Commerce - Finance, Banking & Taxation
Karnataka State Open University
Mysuru01.2003
Bachelors of Commerce - Finance & Accounting
Bangalore University
Bengaluru08.2000
Skills
- Strategic Business Planning
- Core Finance Management
- Financial Planning & Budgeting
- Key performance indicators and Analytics
- Policy making & Harmonization
- Automation projects
- Consensus building
- Resource optimization
- Staff Mentorship & Development
- Stakeholder Engagement & Investor Relations
Certification
- EDGE program on Org. Leadership at Indian Institute of Management, Bangalore. Year 2017.
Affiliations
- Hiking & Biking clubs
- Teaching & Volunteering
Timeline
Head of Finance (SD) - POS Business
Razorpay
01.2020 - Current
Group CFO
Machani Group Of Companies
07.2018 - 01.2020
Senior Manager
Dell EMC
06.2014 - 07.2018
Sr. Financial Analyst
Intel Technologies
07.2005 - 05.2014
Finance Officer
Bosch
08.2002 - 01.2005
MBA - Finance & Operations
Indo-German Training Center (Division of IGCC)
Masters of Commerce - Finance, Banking & Taxation
Karnataka State Open University
Bachelors of Commerce - Finance & Accounting
Bangalore University
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