Rakshith Shetty
Bengaluru
Summary
An analytical finance professional with almost 3 years of experience in forecasting and budgeting. Collaborates and communicates with other departments on achieving common business goals. High energy and thrives in dynamic environment with calm approach and can-do attitude.
Overview
3
3
years of professional experience
Work History
Financial Analyst
Aeries Technology
Bengaluru
02.2023 - Current
- Budget & Forecasting: To develop rolling forecasts, yearly, and quarterly budgets to support business objectives.
- Cost Analytics: To classify costs according to their type. Identifying and analyzing cost drivers helps to understand the basic root causes of cost changes.
- Variance Analysis: To identify and effectively communicate variances across different comparisons, such as rolling forecast, yearly, and quarterly budgeted numbers to actual results.
- Financial Reporting: Preparing presentation slides including financial information on a company's performance across various lines of business to ensure that relevant stakeholders receive timely information to assist users in making informed business decisions.
- Build New/Update Revenue Forecasting Model: To build a new revenue forecasting model for a new line of business and include additional dependencies on an existing revenue forecasting model to boost its accuracy.
- Monitor and Maintain Database for P&L report in PBI: Maintain a database for the P&L report in PBI and ensure accuracy by comparing the P&L data in Power BI to the equivalent numbers in the ERP system.
- Help in Automation and UAT of Financial reports in MSD: Help the team improve efficiency by automating manual reports prepared in Excel on MSD F&O.
- Help in Implementing and UAT of Forecasting model in PBI: To effectively explain and assist the team in implementing the Forecasting Model in PBI. Continuously do UAT and provide feedback so that the accuracy of the model increases.
- Adhoc Reporting: To provide Adhoc reports as per stakeholders requirement
Financial Analyst
Deliverhealth Solutions
Bengaluru
10.2021 - 01.2023
- Finance Team of DeliverHealth was transitioned/moved to Aeries Technology, where we continued to work with DeliverHealth as consultants. As a result, the roles and responsibilities remained unchanged.
Finance Intern
SANSERA Engineering Limited
Bengaluru
02.2021 - 03.2021
- I was certified by this organization by submitting a report named "Ratio analysis of SANSERA Engineering Limited from financial year 2014-18"
- During this internship period I spend quality time with employees in financial department of the company to get a broad insight of the company.
Education
MBA - Finance & IT
Dayananda Sagar University
Bangalore07-2021
B.E - Mechanical Engineering
NIE Institute of Technology
Mysore07-2018
Skills
- Forecasting
- Budgeting
- Financial Modelling
- Variance Analysis
- Revenue Reconciliation
- Financial Ratio Analysis
- Financial Statements
- Microsoft Tools
- Basics of SQL
- Basics of BI tools Like Tableau & Power BI
Accomplishments
- Responsible in decreasing the revenue budget vs actual variance from 13% to less than 2%.
- Identification of incorrect billings and under billings for maintaining accurate financial records and ensuring fair transactions.
- Appreciation for greater efficiency on vendor reports, which used to be prepared by a different employee.
- Help the team in automating manual reports.
- Participated in organizing of a football competition IGNIEIT in the year 2017
Certifications
- Certification for Data science program by Upgrad & IIITB
- Microsoft SQL Sever Masterclass certification from Udemy
- Certification for Introduction to corporate Finance by corporate Finance Institute.
- Internship completion certification from SANSERA Engineering Limited.
Personal Information
- Father's Name: Prabhakar Shetty
- Mother's Name: Usha Shetty
- Date of birth: November 3rd 1996
- Gender: Male
- Nationality: Indian
Timeline
Financial Analyst
Aeries Technology
02.2023 - Current
Financial Analyst
Deliverhealth Solutions
10.2021 - 01.2023
Finance Intern
SANSERA Engineering Limited
02.2021 - 03.2021
MBA - Finance & IT
Dayananda Sagar University
B.E - Mechanical Engineering
NIE Institute of Technology
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