Summary
Overview
Work History
Education
Skills
Timeline
Additional Information
Generic
SHANKAR SHANMUGAM

SHANKAR SHANMUGAM

Chennai,TN

Summary

Ambitious MBA Graduate of Loyola College Business Administration, offering over 16 years of experience increasing productivity through automation of processes and strategy. Confident individual with track record of accurate reporting and analysis. Highly experienced in mentoring employees, leading talented teams and making decisions promptly. Known for strong analytical and decision-making skills. Familiar with regulatory requirements and optimal approaches for keeping systems current and compliant. Forward-thinking leader responsive to changing demands.

Overview

17
17
years of professional experience

Work History

Team Lead - Artificial Intelligence Command Centre

Capgemini Business Services
Chennai, TN
03.2023 - Current
  • Develop and support implementation of Power Bi Dashboards Projects;
  • Developed data-driven analytics to generate insights and actionable recommendations, driving growth and influencing KPIs;
  • Built and enhanced business metrics based on client requirements;
  • Arrange and manage implementation meetings with transformation team and stockholder;
  • Logical and methodical approach to create metric in power bi dashboard and maintain accuracy as per SLA;
  • Prepared capabilities dash board for Accounts payable;
  • Application designing, architecting, development and deployment using Power BI
  • Explored new tools and technologies that enhanced capabilities of team members while enabling seamless collaboration across departments
  • Developed succession planning strategies to ensure continuity of leadership within team and facilitate smooth transitions during organizational changes
  • Improved team productivity by implementing efficient project management strategies and streamlining communication channels
  • Conducted regular progress reviews with individual team members to identify areas for improvement and provide guidance on career development opportunities
  • Enhanced overall team performance by providing regular coaching, feedback, and skill development opportunities
  • Influenced positive change within organization through strategic thinking, innovation, problem-solving abilities, and consistent leadership style
  • Established clear performance metrics for team which helped in tracking progress towards set targets effectively
  • Served as role model for team by demonstrating commitment to excellence, professionalism, and adherence to company values at all times
  • Implemented process improvements that led to reduced turnaround times for critical tasks without compromising quality
  • Promoted positive work environment by fostering teamwork, open communication, and employee recognition initiatives
  • Increased customer satisfaction by ensuring timely completion of projects and adherence to high-quality standards
  • Developed and maintained effective relationships with key stakeholders to better understand their needs and expectations
  • Collaborated with other department leads to streamline workflows, improve interdepartmental coordination, and achieve business goals collectively
  • Evaluated employee skills and knowledge regularly, training, and mentoring individuals with lagging skills
  • Trained new team members by relaying information on company procedures and safety requirements
  • Designed strategic plan for component development practices to support future projects
  • Built strong relationships with customers through positive attitude and attentive response
  • Developed effective improvement plans in alignment with goals and specifications
  • Evaluated customer needs and feedback to drive product and service improvements
  • Devised and implemented processes and procedures to streamline operations
  • Collected, arranged, and input information into database system
  • Maintained database systems to track and analyze operational data
  • Helped meet changing demands by recommending improvements to business systems or procedures

Senior Financial Analyst

GP Strategies
Chennai, TN
01.2022 - 06.2022
  • Enhanced profitability by identifying opportunities to reduce costs and optimize resource allocation.
  • Enabled informed decision-making by presenting key findings from complex data sets in clear, concise formats for senior leadership team members.
  • Played pivotal role in annual budget planning, collaborating with department heads to allocate resources strategically.
  • Collaborated with cross-functional teams to drive process improvements and increase operational efficiency.
  • Reviewing budgets, including staffing, work plans, and fee structures.
  • Providing project managers and clients with timely financial reports and budgets, as well as project forecasts.
  • Preparing pre-billing reports for project managers to review.
  • Preparing actual costs, working capital, and tax reports.
  • Monitoring receivable income and supporting project managers with collections.
  • Issuing invoices and purchase orders, as well as paying consultant, subcontractor, vender, and supplier bills.
  • Updating contracts according to client requirements and reporting associated budget amendments.
  • Ensuring steady cash flow by generating, auditing, and sending invoices in timely manner.
  • Exceptional ability to prepare project budgets, financial forecasts, and tax reports.
  • Extensive experience in project invoicing and billing.

Senior Financial Analyst

Flex LTD
Chennai, TN
05.2011 - 12.2021
  • Streamlined financial reporting processes, resulting in more efficient delivery of critical information to stakeholders.
  • Reviewed financial reports and streamlined operations to increase productivity and company profits.
  • Support month-end closing activities i.e. General Ledger close including preparation of manual journals and making adjustments to final numbers in Group Reporting tool.
  • Handled FIL (parent legal entity) end-to-end accounting and reporting process.
  • Timely analysis of consolidated financial statements
  • Month end and quarter end close to ensure accurate and timely consolidated reporting
  • Monthly, quarterly reviews and year-end audit activities
  • Participate in preparation of quarterly and annual group reports and financial statements to comply with US GAAP and US SEC requirements.
  • Report Company’s performance to management on time and ensure high standard of financial reports
  • Ensure all bank accounts are updated daily and reconciled by monthly deadlines; Liaise with bankers on any cash or payment issues.
  • All accounting activities in timely and accurate manner, resolving /escalating issues.
  • Analyze assigned accounts to ensure accuracy; Prepare Balance Sheet and P&L schedules for assigned accounts monthly; Control SAP BPC monthly closing sequence and launching of programs such as un-invoiced receipts; re-valuation, etc. to ensure all closing steps are executed by established deadlines.
  • Monthly, quarterly reviews and year-end audit activities
  • Understand and thoroughly review all BS Reconciliations, and suggest action plan to clear open items Bank and Balance Sheet Reconciliations
  • Perform Bank Reconciliation and analyses open items
  • Reconcile supplier statements and bank statements monthly and investigate and report any disputes immediately.
  • Review creditors ageing report on weekly basis after payment run to ensure there are no overdue accounts to be paid.
  • Monitor cash flows daily and schedule transfer any excess funds to cash management account or vice versa.
  • Review financial key operating statistics and work with locations to assure adherence to data and calculation definitions
  • Overseeing day-to-day accounting, month-end accruals, vendor payments, receivables, collections, business operations,
  • Ensured monthly financial closing as per timelines & preparation of Financial Statements
  • Submitting all financial & other business reports to top management

Senior Executive – Finance & Accounts

Mafoi Randstad
Chennai, TN
05.2008 - 05.2011
  • Invoice Processing for client
  • Payment processions for deputies based on payroll
  • End to end payroll processing.
  • Understanding and following payroll procedures and payroll related forms.
  • Maintaining and updating employee records on payroll system.
  • Assisting with communication and processing of workers compensation claims.
  • Assisting with month-end processes such as preparation and reconciliation of superannuation, payroll tax.
  • Assisting with year-end processes such as annual payroll tax and payment summary reconciliations.
  • Dealing with payroll queries from employees.
  • Aiding Accounts Payable, including processing creditor payments, matching invoices to purchase orders, verifying goods received (quantity and price), investigating discrepancies, and data input.
  • Aiding Accounts Receivable, including banking, invoicing, and data input.
  • Providing administrative support to Finance functions and data analysis using Excel.

Associate – Finance & Accounts

Ma Foi Management Consultants
Chennai, TN
01.2007 - 12.2007
  • Fund Estimation is done as per agreed timeline with Finance / Treasury Team
  • Payroll Induction for new hires is conducted for better projection of Payroll
  • Employees FBP, Reimbursements & Investments Proofs are there for smooth Payroll
  • Process and generates correct Form 16s
  • Prepared various MIS reports & documents to apprise management of day-to-day process
  • Operations: took initiatives for Process Improvement/ Automation to enhance performance across all payroll functions
  • Interacted with the bank during salary processing and verifying all the Statutory Deductions (PF, ESIC, Income Tax & Profession Tax)
  • Facilitated effective internal communication and ensured timely resolution of Payroll queries
  • Coordinated with source of payroll inputs, provided inputs to payroll vendor to process payroll on time with accuracy by following payroll cut-off dates; liaised with Banks on salary transmits
  • Extended administrative support to Finance functions and data analysis using Excel

Education

Diploma - Applied Data Science

Loyola Institute of Business Administration (LIBA)
Chennai, India
04.2023

MBA - Accounting And Finance

Loyola College
Chennai, India
12.2009

Bachelor of Arts - Accounting And Finance

Guru Nanak College
Chennai, India
04.2006

Skills

  • Leadership
  • Records to Report
  • Accounts Receivable
  • Accounts Payable
  • Financial planning and Analysis
  • Treasury Support
  • Power BI
  • Tableau
  • Predictive Analytics
  • Data Modeling
  • Data Mining
  • Python
  • Problem-Solving
  • Data Analysis
  • Azure Databricks
  • SQL and Databases

Timeline

Team Lead - Artificial Intelligence Command Centre

Capgemini Business Services
03.2023 - Current

Senior Financial Analyst

GP Strategies
01.2022 - 06.2022

Senior Financial Analyst

Flex LTD
05.2011 - 12.2021

Senior Executive – Finance & Accounts

Mafoi Randstad
05.2008 - 05.2011

Associate – Finance & Accounts

Ma Foi Management Consultants
01.2007 - 12.2007

Diploma - Applied Data Science

Loyola Institute of Business Administration (LIBA)

MBA - Accounting And Finance

Loyola College

Bachelor of Arts - Accounting And Finance

Guru Nanak College

Additional Information

  • Significant role in streamlining the Asia region process and was awarded the Platinum Award.
  • Travel to Malaysia and conducted the smooth transition process and aligned business processes for timely reporting;
  • Awarded with Pat On The Back Award for IC Matching process improvement twice;
  • Managed structuring, consolidation, & analysis of financial data; developed budgets, forecasts & financial reports for specific organizational sub-divisions, departments, regions & units;
  • Facilitated the preparation of need-based Financial Performance / MIS & Other Reports like Monthly Variance Analysis Reports, Fund Flow & Cash Flow Statements every month submitted to top management for critical decision-making.
SHANKAR SHANMUGAM