SHIVAM CHOWDHARY
CA & CMA
Sompeta
Summary
Finance Lead steering revenue recognition, variance analysis, and margin forecasting across complex portfolios. Partners with delivery and sales teams to test staffing, utilization, rate, and timing assumptions, then translates results into leadership-ready insights. Improves forecast quality and reporting speed by using automation and stronger cost governance.
Overview
5
5
Languages
6
6
years of professional experience
Work History
Team Lead - Finance
Accenture Solutions Pvt Ltd.
Bangalore
03.2023 - Current
- Managed financial portfolio generating over $60 million by ensuring accurate revenue recognition in line with US GAAP by aligning forecasts and actuals with contractual terms and performance obligations, validating timing and allocation of revenue, and ensuring readiness for leadership and audit reviews.
- Conducted account-level RFV analysis of complex datasets to ensure accurate revenue allocation across free service segments with appropriate fair value margins.
- Own revenue and margin forecasting across client portfolios by tracking actuals, pipeline movements, contract changes, and delivery inputs; regularly update estimate at completion (EAC) to reflect scope, pricing, cost changes, and risks and contract compliance.
- Led monthly and quarterly close processes, ensuring accuracy and completeness of financial reports.
- Performed variance analysis on revenue, cost, and margin, providing insights to leadership for informed strategic decisions.
- Partner with delivery and sales teams to validate assumptions on staffing, utilization, rates, and revenue timing; analyze forecast and budget variances (volume, rate, mix, cost) and proactively highlight risks and upsides to leadership
- Conduct account-level RFV analysis involving large and complex datasets, ensuring accurate allocation of revenue across free service segments using appropriate fair value margins.
- Identified process gaps, implementing automation initiatives that enhanced reporting efficiency.
- Support annual budgets and quarterly re-forecasts, manage commercial overheads and direct costs against approved plans, monitor budget vs. actual monthly, drive corrective actions, optimize cost structures, and maintain strong budget governance and audit readiness.
- Managed concurrent finance initiatives, including forecasting improvements, DSO optimization.
Manager - Finance
Gove Finance Limited- VST Group
Chennai
11.2020 - 02.2023
- Managed budgeting, forecasting, and periodic cost analysis.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Identified operational inefficiencies and implemented process rationalization to enhance workflow efficiency.
- Improved accuracy in regulatory and financial reporting
- Led statutory, internal, and tax audits.
- Managed RBI inspections and ensured regulatory compliance.
- Identified operational inefficiencies and implemented process rationalization initiatives.
- Implemented system improvements in in-house financial software to reduce manual workload.
- Streamlined month-end close process, reducing manual task duration and enhancing data accuracy.
- Strengthened cost monitoring framework to improve financial oversight and accountability.
- Led the renewal of group insurance policies, securing competitive insurance quotes and recommending cost-saving measures that reduced insurance premium expenses by ₹4,00,000.
Education
B. Com - Finance & Accounts
Dr.B.R.Ambedkar Open University
Hyderabad, India12-2020
Chartered Accountant -
The Institute of Chartered Accountants of India
Chennai, India11-2019
Cost and management Accountant -
The Institute of Cost Accountants of India
Chennai12-2018
Skills
Financial planning and analysis (FP&A)
Budgeting and forecasting
Variance and root cause analysis
Revenue recognition (US GAAP)
Cash flow forecasting
Financial modeling
Working capital management
Timeline
Team Lead - Finance
Accenture Solutions Pvt Ltd.
03.2023 - Current
Manager - Finance
Gove Finance Limited- VST Group
11.2020 - 02.2023
B. Com - Finance & Accounts
Dr.B.R.Ambedkar Open University
Chartered Accountant -
The Institute of Chartered Accountants of India
Cost and management Accountant -
The Institute of Cost Accountants of India