Sateesh Yalamarthy
Senior Financial Analyst
Hyderabad
Summary
Results-driven Senior Financial Analyst with Amazon, specializing in digital transformation and financial reconciliations. Achieved a 70% reduction in process time through automation initiatives. Expert in variance analysis and fraud prevention, leveraging strong analytical skills to enhance operational efficiency and deliver actionable insights. Proven ability to lead cross-functional teams and drive impactful change.
Overview
10
10
years of professional experience
Work History
Senior Financial Analyst
Amazon
11.2021 - Current
- Managed and processed the full cycle of accounts payable transactions for multiple Amazon Digital business verticals, including Kindle Direct Publishing, Prime Video, Associates, and eBooks, which are major high-volume vendors in digital businesses.
- Performed monthly reconciliation reports to ensure financial accuracy and compliance for digital business accounts.
- Effectively managing 1 million invoices monthly, valued at $1.5 billion, ensuring accuracy and on-time payments. While doing the month-end reconciliation.
- Standardized SOPs and provided actionable feedback to internal teams, ensuring processes matched to meet global targets.
- Track record of leading high-impact technology transitions and automation initiatives, including the Oracle R12 to Teller platform migration, resulting in a 70% process time reduction and 98% operational accuracy.
- Orchestrated comprehensive FinOps testing and validation for over 20 projects, ensuring flawless execution and alignment with global compliance requirements.
- Served as Subject Matter Expert (SME) for process smooth flow, balancing customer interests with business objectives.
- Implemented an advanced fraud detection system, reducing fraud attempts by 95% through real-time monitoring and predictive analytics.
- Managed high-priority escalations from digital customers, ensuring swift resolution, and maintaining high customer satisfaction levels.
- Provided valuable insights by leading monthly variance analysis reviews between actual results and budget/forecast expectations.
- Improved budget forecasting through meticulous monitoring of expenses and revenue streams.
- Increased financial accuracy by conducting in-depth analyses of financial data and trends.
- Facilitated accurate expense tracking through diligent maintenance of general ledger accounts and reconciliations.
- Collaborated with cross-functional teams to drive process improvements and increase operational efficiency.
Operations Analyst
Wells Fargo
11.2019 - 10.2021
- Implemented best practice methodologies for inventory management, resulting in reduced stock discrepancies.
- Invoice processing by doing a three-way match, checking any variance due to PQV, and PPV for material invoices.
- Verify the accuracy of vendor invoices, and confirm that the general ledger account codes are used.
- Verify and perform month-end reconciliation of vendor accounts, and follow up to settle the same on a monthly basis.
- Managed multiple projects simultaneously, delivering results within tight deadlines while maintaining high-quality standards.
- Strengthened communication between departments, facilitating a seamless flow of information for faster decision-making processes.
- Spearheaded process automation initiatives, reducing manual efforts required in day-to-day operations tasks significantly.
- Improved team productivity by implementing effective workflow strategies and time management techniques.
- Supported supervisor and associated team members to maintain system functionality.
- Supporting audit requests and queries.
Audit Associate
G.K. Malik & Associates
01.2016 - 08.2017
- Prepared working papers, reports and supporting documentation for audit findings.
- Evaluated financial statements, identifying discrepancies and providing recommendations for corrective action.
- Performed auditing work in accordance with rigorous auditing standards and principles.
- Mentored junior staff members, sharing industry knowledge and best practices for successful audits.
- Assisted in the preparation of financial statement disclosures in accordance with applicable accounting standards.
- Maintained up-to-date knowledge of accounting standards and regulations, ensuring accurate and compliant audits.
- Financial forecast for bank purposes.
- MIS Reporting.
- Reduced financial discrepancies, effectively reconciling bank accounts and organizing information into accounting software.
- Presented audit findings to accounting manager after reviewing results and paperwork.
Education
MBA - Finance
Malla Reddy Institute of Management
Hyderabad, India 04.2001 -
B.COM - General Studies
Vidyanajli Degree College
Kaikalur, India 04.2001 -
Skills
Digital Transformation
Financial Reconciliations
Fraud Prevention
Account reconciliation
Variance analysis
Financial modeling
KPI management
Financial and operational reporting
Quickbooks
Microsoft Excel
Knowledge of ERP (enterprise resource planning) software
Achievements
- Received award on Process implementation from manual process to automatic process for Mexico Associate business invoice validation with reduced manual efforts by 161 hours Per annum.
- Rewards & Recognition(R&R) on Q4'25 for KDP(Kindle Direct Publishing) business process migration by 30% volume from Oracle(R12) ERP to teller platform.
Timeline
Senior Financial Analyst
Amazon
11.2021 - Current
Operations Analyst
Wells Fargo
11.2019 - 10.2021
Audit Associate
G.K. Malik & Associates
01.2016 - 08.2017
MBA - Finance
Malla Reddy Institute of Management
04.2001 -
B.COM - General Studies
Vidyanajli Degree College
04.2001 -