SAMARENDU DANDAPAT
Hyderabad
Summary
Dynamic leader in business, finance, and operations with over 25 years of experience in the Global Capability Centre (GCC), driving transformative strategies to significantly enhance business performance. Expertise in redesigning operating models and advancing digital stewardship within finance and shared services empowers teams to embrace broader enterprise responsibilities. Proven track record of collaboration with C-suite executives facilitates successful implementation of finance strategies supporting over 65,000 professionals globally, fostering a culture of performance and cost leadership. Recognized for a results-oriented approach, adeptness in navigating complex challenges, and steadfast commitment to ethical leadership prioritizing people and sustainable growth.
Overview
30
30
years of professional experience
1
1
Certification
Work History
Sr. Vice President (Finance & Administration) – India and South Asia
Deloitte Consulting - US India Office
Hyderabad, India
01.2022 - Current
- Achieved business goals for Deloitte Consulting by implementing efficient spending and resource allocation strategies in collaboration with global management. Fostered cross-functional partnerships at the senior executive level to evaluate financial spending and develop a sustainable financial strategy for long-term value. Delivered effective management of a 500-member finance and operations team, overseeing finance planning, project control, and key financial operations including tax and treasury management.
- Operations and Financial Achievements: Profitability Improvement and Operational excellence.
- Managing (Transfer Price revenue) from India, a wholly owned subsidiary of Deloitte Consulting LLP, highly accountable for strategic planning – finding more opportunity to transition shared service work to India. Partnering with US core leadership to manage and built a cost-efficient model from firm’s largest overseas division from India.
- Lead and managed the program to identify and implement > 20% savings on the addressable cost base through Zero Base Budgeting (ZBB) approach.
- Key categories include Logistics, Contract Labor, Supplies, Travel, Rental etc.
- Reduced employee costs significantly, managing through reducing insurance and costs on retail benefits.
- Resource Utilization improved from early 82% to 90%+ consistently across all the work stream of the Consulting Portfolios.
- Debtors write–down reduced to “ZERO” and the aging reduced from 24 weeks to 8 weeks.
- Controllable margins show up from 36% to 40% across all the Portfolios.
- Led cross-functional teams to deliver strategic consulting solutions, enhancing client satisfaction and operational efficiency.
- Developed and implemented innovative strategies, driving revenue growth and market penetration for diverse clients.
- Mentored junior consultants, fostering professional development and knowledge sharing within the team.
- Analyzed market trends to inform strategic decision-making, improving client positioning in competitive landscapes.
- Collaborated with executive leadership to align consulting practices with organizational goals and objectives.
- Hired and managed employees to maximize productivity while training staff on best practices and protocols.
- Delivered exceptional customer service by implementing best practices and fostering a culture of accountability within the organization.
- Developed and executed strategic initiatives to drive business growth, resulting in higher revenues and market share expansion.
- Championed innovation by encouraging cross-functional teams to pursue creative solutions to complex challenges.
- Developed and executed strategic plans to enhance operational efficiency and client satisfaction.
Finance Director – Secondment to India Joint Venture, Business Strategy (Inc. Shared Service), Global Finance Partner, Earnings Centricity
Deloitte Consulting
01.2018 - 01.2022
- Transformed a North American centric business into a Cost Plus Transfer Priced Base Revenue global delivery center through financial restructuring and rolling out a new operating philosophy that ramped-up controllable margins from 36% to 40%.
- Trusted Business Advisor and Finance partner for the Deloitte Senior Leadership.
- Managed the shared service function during the growth phase of the firm. At the same time Deloitte Share service strength grown from 9 professionals in 2006 to 1500 professionals at present. Directed annual plan review process and strengthen accountability by partnering with senior- level in all business units along with income statement, balance sheet, cash flow and KPIs.
- Catalyst for RPM (Reinventing Performance Management) for 6 different Offshore career models.
- Managing Operation and Capital expenditure and right sizing them based on the business need with digitization.
- Process Automation commissioned for processes like Contract management, Intra firm receivable and for Internal control and Internal Audit.
- Championed US and India-wide conversion of the supplier consolidation process from spread sheet base to Enterprise Resource Planning base solution.
- Managed the Transfer Pricing and Fiduciary audit done for the Offshore business. A firm wide financial integration has been done to interconnect 9 major consulting units within Deloitte’s Member firm network and other Global Delivery Centre (GDC’s).
- Teaming with Talent Business Partners, Talent Acquisition, Talent- Comp. & benefit globally to ensure a firm wide program are aligned with business portfolios and company performance goals
- Led financial strategy development and implementation to enhance profitability across multiple client projects.
Finance Director
Infosys Ltd.
Bangalore, India
01.2005 - 01.2006
- Hired to refit and streamline client service delivery with focusing SLA tracking & team management. Managed a group of 100 Accountants and call center employee with a client billing for the group US$ 10 million annually.
- Managed to complete the financial plans (Sales and Revenue accounting and its cost of goods sold) per client SLA.
- Improved efficiency by streamlined controls and reporting for cost of goods sold and Account’s payables. Managed their alliance Partner accounting and analysis of sales compensations.
- Handled quarterly and annual transactions and budgets, while troubleshooting various accounting and control issues.
- Increased productivity and morale by clarifying roles, bringing in new staff, and eliminating the need for overtime.
- Directed financial strategy and operational planning to enhance organizational performance.
India Finance Coordinator
Hughes Communications India Ltd
New Delhi, India
01.1999 - 01.2000
- I was based out of their corporate office, New Delhi, and my role was to provide CFO with concise reports on daily net cash flow. This includes payments made on capital & revenue expenditure, amount paid to Govt. on depositing Tax & Provident Fund, Work Contract Taxes for their VSAT Business. I assisted their financial controller group on internal audits, budget, and financial reviews. Review of monthly trial balance, profit & loss accounts and involved monthly Balance sheet reconciliation process.
- Coordinated financial reporting and analysis to support strategic decision-making.
Finance Analyst
Hewlett Packard
New Delhi, India
01.1996 - 01.1999
- I was hired to transform their accounting function from various regional delivery centers to a global accounting delivery center in India. I then became a core member from HP’s Shared Service ‘Local Operating Management Team’ to form and execute operations strategy i.e., hire, train and motivate cross-functional team of professionals, to get the work delivered from HP’s shared service center. I was responsible for developing and stabilizing all their accounting processes.
- 1) Sales & Support accounting – Hewlett Packard and Agilent Technology
- 2) Intra-corporate accounting & Receivable Management
- 3) Treasury accounting and bank reconciliation and Fixed assets accounting
- 4) Analysis of product line – order, revenue, and costs.
- 5) Accounting for currency translation. And managed their SOX (TOD, TOE)
- Operational and Financial achievements.
- Among many other projects, I have two big costs savings project were…
- 1. Early Cash pool from GWE entities to save the interest costs US$8.6M million in the 5-year Plan. (Org. Structural Analysis)
- 2. Managed saving $20M annually through Intra –company Netting (Big data Analytics)
- Analyzed financial data to support strategic decision-making processes.
Education
Indian School of Business - 3 years, leadership development Programme - Business strategy & Finance
Indian School of Business
Hyderabad, India01-2014
MBA (Finance and Strategy) - Finance, Operation Excellence
University of Hyderabad
Hyderabad, India01-2010
BS Accounting with Honors - Accounting, Tax And Audit
Vidya Sagar University
West Bengal01-1991
Skills
- Visionary leadership skills
- Tactical business development planning
- Regulatory compliance management
- Operational cost efficiency
- Change management expertise
- Financial reporting and management
Certification
- Indian Statistical Institute - Six Sigma Black belt/ Statistical Quality Control (2003 - 2003)
- Cost Accountancy - Institute of Costs & Works Accounts of India (1993 - 1995)
Previous Employment
- ST Microelectronics | Accounts Officer | 1995 - 1996
- Hero MotoCorp | Inventory Accountant | 1994 - 1995
Timeline
Sr. Vice President (Finance & Administration) – India and South Asia
Deloitte Consulting - US India Office
01.2022 - Current
Finance Director – Secondment to India Joint Venture, Business Strategy (Inc. Shared Service), Global Finance Partner, Earnings Centricity
Deloitte Consulting
01.2018 - 01.2022
Finance Director
Infosys Ltd.
01.2005 - 01.2006
India Finance Coordinator
Hughes Communications India Ltd
01.1999 - 01.2000
Finance Analyst
Hewlett Packard
01.1996 - 01.1999
Indian School of Business - 3 years, leadership development Programme - Business strategy & Finance
Indian School of Business
MBA (Finance and Strategy) - Finance, Operation Excellence
University of Hyderabad
BS Accounting with Honors - Accounting, Tax And Audit
Vidya Sagar University