SAURABH LAL
Bangalore
Summary
Seeking a challenging managerial role in Business Finance or Financial Planning & Analysis with a growth-oriented organization of high repute. Proactive with a strong background in financial analysis, budgeting, and forecasting. Demonstrates the ability to develop and implement financial plans and deliver strategic financial advice. Aim to secure and maintain a full-time position that offers professional challenges utilizing interpersonal skills, excellent time management, and problem-solving abilities
Overview
16
16
years of professional experience
2
2
Languages
Work History
Financial Analyst
Wells Fargo International Solutions Pvt. Ltd
03.2021 - Current
- Reviewing monthly and quarterly operations and highlighting major variances against budgets & re-forecast along with recommendations for improvement
- Reconciling actual cost incurred vs actual cost recover across services and Accounting Unit levels
- Collaborating with LOB heads to understand their financial requirement and presenting a status update in their monthly finance presentation
- Managing cost containment projects and efficiency improvement projects
- Performing quarterly forecasting of Infrastructure of EGS India; annual budgeting for cost line and tracking with actual and forecast
- Minimizing the impact of variances, identifying opportunities for improvement, cost reduction & systems enhancement and accumulating capital to fund expansion
- Ensuring that all financial reports hold data integrity
- Developing new business models, where appropriate, and providing extensive guidance to key stakeholders on Excel
- Creating financial performance metrics of various projects and driving improvements through regular interaction with project and finance teams
- Designing, building and rolling out sophisticated financial models and templates for budgets, long-range plans and models to evaluate potential new business initiatives
- Generating cost allocation reports and delivering monthly presentation to Business Heads(MD and CFO) on primary cost drivers and allocations; addressing queries related to allocation methodology; performing cost allocation for APAC, EMEA and CANADA regions.
Manager
Mugabu Sports Pvt Ltd
04.2018 - 02.2021
- Planning, Preparing and maintaining statutory books of accounts, reconciliation statements and financial statements, ensuring conformance to regulatory accounting standards
- Preparing financial information's & providing analysis for business reviews with key highlights and influencing business decisions
- Tracking sales performance against set targets
- Monitoring accounts receivables and accounts payable and managing cash flow of business by interacting with shareholders, bankers, current & potential investors
- Guiding, motivating & setting objectives for team in line with employee capabilities and organization requirements
- Taking initiatives for retention as per the requirement
- Ensuring accurate & complete payroll processing and accurate credit to all employees including timely deposit of statutory dues under labour laws (PF, ESI, etc)
- Responsible for general compliance under TDS, GST & IT returns
- Ownership for inventory management & control and expense forecast for the business by trend analysis/KPI reviews/MIS reports for better P&L management.
Program Manager
Unisys India Pvt Ltd
07.2017 - 03.2018
- Preparing baseline plan of Target investments for Product family, Product, Deliverable, features
- Setting up a periodic Target investment vs Outlook reporting
- Updating Quarterly views of budget
- Identifying reasons for variances and publishing bridge analysis
- Proactively advising the business with opportunities and alerting in case of risks
- Developing and publishing ad-hoc reports as required time to time.
Assistant Manager - Finance & Planning
IBM India (P) Ltd
08.2008 - 07.2017
- Accountable for analyzing, reviewing and presenting contracts financial data including variances in budgeted and forecasted expenses and revenues
- Identifying and analyzing key business drivers and providing management with timely analysis and recommendations to make strategic and tactical business decisions
- Performing monthly forecasting/re-forecasting of expenses & revenue based on changing business scenarios and extensive involvement in the annual plan
- Providing timely explanations of variances between actual results and forecasts/budgets; recommending corrective action where necessary
- Conducting P&L fluctuation analysis, monthly expense variance analysis and making recommendations to strategically enhance financial performance and business opportunities
- Processing monthly prepayments, accruals, deferrals journals and coordinating with accounting team on invoicing, revenue recognition and other necessary journals
- Analyzing customer contracts & agreements to identify & track revenue recognition requirements/clauses
- Maintaining appropriate documentation & procedures to ensure compliance with legal/regulatory/internal requirements
- Preparing reports on a regular and ad hoc basis to meet the needs of internal customers and stakeholders within the agreed time scales
- Responsible for maintaining timelines and accuracy of Work Request processed.
Education
B.Com (H) -
Vinoba Bhave University
Inter ICWA - undefined
Institute of Cost Accountant of India
Skills
Financial Analysis and Modeling
Budgeting, Cash Flow & Forecasting
Problem-Solving and Strategic Planning
Stakeholder Management and excellent communication, documentation skills
Team Building & Management
Power BI, Power Query, DAX (Power Pivot)
MS Office with advanced excel skills including VBA
Hyperion Essbase and Brio
PythonSQL
Tableau
Cognos BI
QuickBooks
Profile Snapshot
Finance & Accounts Professional with experience in the area of Financial Management pertaining to Financial Analysis, Planning, Forecasting, Budgeting and Reporting. Expertise in Financial Analysis, Contract Analysis, Financial Forecasting and Variance Analysis of forecasted and budgeted expenses/ revenues. Possesses ability to apply business insight and professional judgment while ensuring the highest level of standard in compliance with company financial policies and procedures. Skilled in efficiently rendering complex financial information in palatable form. Experienced in developing work processes that streamline workflow and rechecking figures to ensure effective financial support. Well versed in various analytical software including Power BI, Tableau, Python, Hyperion Essbase, Brio, Cognos, VBA coupled with advance excel knowledge. Excellent communication and interpersonal skills that help to create positive working environments, even in high-pressure, challenging and deadline-driven environments.
Notable Accomplishments
- Played crucial role in onsite transition of Contract Analysis and Management for IBM, USA, Oct’-Nov’08
- Received numerous appreciation and internal Rewards & Recognition for outstanding performance and contribution to organization.
Personal Information
Date of Birth: 05/25/74
Timeline
Financial Analyst
Wells Fargo International Solutions Pvt. Ltd
03.2021 - Current
Manager
Mugabu Sports Pvt Ltd
04.2018 - 02.2021
Program Manager
Unisys India Pvt Ltd
07.2017 - 03.2018
Assistant Manager - Finance & Planning
IBM India (P) Ltd
08.2008 - 07.2017
B.Com (H) -
Vinoba Bhave University
Inter ICWA - undefined
Institute of Cost Accountant of India