SAHIL Malik

• Finance professional with a strong background in FP&A and financial control, currently supporting the FP&A and Managing USD 200 Million budget for US Region.
• The role primarily includes preparation of Budgets/Forecasts and Projections to be used by top management in decision-making for front running Processes.
• Work closely with the business and operations team to drive action plans for the mitigation and achievement of financial deliverables.
• Variance analysis on key budget moments\actualize cost and Maintaining adequate backup and ensuring data integrity.
• Analyzing periodic accrual posting and investigating the prior period adjustments.
• Highlighting improvement areas for cost optimization and controlling Outages.
• Ad-hoc work during the month for specific issues that are identified. For example, further detailed and deeper analysis of results, problem identification and resolution.
• Ensuring accurate and timely charging of both internal and external charges in order to meet the accounting deadlines and track performance.
• To assist in the validation and processing of journals as required, in an accurate and timely manner to achieve month end close.
• Manage the provision of a meaningful and timely first level analysis of daily results to help explain Business Unit financial performance and assist in subsequent identification of root cause and recommend solutions.

• Finance professional with a strong background in FP&A and financial control, currently supporting the financial planning and forecasting function for Global FMCG organization.
• Focused on ensuring data integrity across systems and providing high-quality analysis in a dynamic, fast-paced FMCG environment.
• Expertise in budgeting, forecasting, variance analysis, and financial consolidation aligned with global FP&A processes and commercial objectives.
• Preparing a Long-Range Business Plan using financial modelling, forecasting, and analysis to develop corporate objectives and predict financial outcome.
• Spearheaded the annual budgeting process, collaborated with stakeholders to finalize and ensure alignment with company goals.
• Preparing & submitting YTG forecast based on the latest plan considering business assumptions.
• Conducting monthly budget reviews focused on budget tracking, risk & opportunity identification, accrual management, and forecast finalization.
• Leading variance analysis against budget, forecast, and prior year across key cost categories, providing actionable insights to regional finance and marketing leadership.
• Answering ad hoc queries, working autonomously as an SME for operating expense planning and reporting matters.
• Skilled in accrual management, cost analysis, and reserve queries as part of financial hygiene and audit readiness.
• Demonstrated ability to drive process improvements, enhance data accuracy, and support automation in reporting and planning activities.
• Supporting internal and external audit readiness through accurate recordkeeping and documentation, including compliance controls.

• Experience working on Budgeting, Forecasting, Variance Analysis & Month end reporting.
• Worked for the “Liberty Mutual” (Global Client for the Exl Services) an American multinational in Insurance business.
• P&L calculation month end and variance Analysis reporting with prior year and Budget.
• Metrics reporting, Profit and Earning Variance Analysis for the brands as compared to budget and forecast.
• Ensure annual budgeting and quarterly forecasting and analysis requirements are achieved accurately, completely and on a timely basis.
• Manage the forecast process and systems, set guidelines procedures and standards, consolidate and analyze results.
• Provide meaningful, concise and clear analysis, including variance analysis to senior management on financial issues and performance. (Actual v/s Budget/forecast/prior quarter/prior year etc.)

• Experience working on Budgeting, Forecasting, Variance Analysis & Month end reporting.
• Reporting on historical and forecasted financial trends and implications.
• Work with the Operations team and provide insight to the financial performance for the unit.
• Forecasting for the business and product area, including gaining market knowledge, identifying trends in the business.
• Discussion with the business teams regarding profit improvement plans and monitoring the implementation of the same.
• Responsible for the efficient and effective delivery of financial accounting processes throughout the monthly cycle.
• Posting journals based on analysis of Revenue & Cost.
• Preparing journals for Revenue recognition, accruals, and deferred revenue.
• Publish the monthly managed product results and variance analysis to directorship.

(June 2017 to March 2018 – On Third Party Payroll of Experis IT India Pvt. Ltd.)

(March 2018 to July 2019- On permanent Payroll with MothersonSumi Infotech & Design Ltd.)

• Experience working on Budgeting, Forecasting, Variance Analysis & Month end reporting.
• Conducted detailed financial analysis to identify and evaluate changes in operations, trends and potential areas of improvement.
• Prepare reports for Manpower analysis, Break-even analysis, working capital analysis & variance analysis.
• Prepare reports for calculation of Project cost and capital structure.
• Ensure annual budgeting and quarterly forecasting and analysis requirements are achieved accurately, completely and on a timely basis.
• Manage the forecast process and systems, evaluate guidelines procedures and standards, consolidate and analyze results.
• Provide meaningful, concise and clear analysis, including variance analysis to senior management on financial issues and performance (Actual v/s Budget/forecast/prior quarter/prior year etc.).
• Responsible for helping with solution identification, Knowledge transfer docs, query resolution, stabilization of teams post transition.

• Conducting Internal/ Statutory/ Tax Audit & Finalization of accounts within time bound schedule.
• Compliance with Accounting standards, Income Tax, Companies Act and Various other applicable laws.
• Preparation and Filing of Return of Service tax & TDS.
• Statutory Audit Assignments-
• Center for Advocacy and Research (CFAR).
• Center for Alternative Dalit Media (CADAM).
• Association for Rural and Urban Needy (ARUN).
• Action India.
• Swechha – We are for change.
• HAQ – Center for child rights.
• Jammu & Kashmir Bank, Pahar Ganj, New Delhi
• Tax Audit Assignments
• Simon & Cailand Pvt. Ltd.
• Scan Craft Graficks Pvt. Ltd.
• Internal Audit Assignments
• Delhi Transco Limited (Finance Dept.)