Sreenivas R
Cost Accountant(CMA) Financial Planning And Analysis
Bangalore
Summary
Finance Analyst with 6+years of financial reporting and analysis experience. Applies advanced financial analysis, forecasting and modeling skills to translate analysis into practical results. Strong understanding and knowledge of accounting principles and accounting software with emphasis in business finance.
Overview
18
18
years of professional experience
Work History
Lead Financial Analyst FP&A
Carelon global solutions LLP
01.2023 - Current
- Assisting in preparation of annual budget & forecast for assigned business units taking consideration OP gain,One time cost ,Head count planning & salary cost,Opex information & trends
- Analysing operational & financial metrics at transaction level for various functional groups,collect & maintain relevant supporting information for senior management
- Validate purchase requisition/purchase order inline with the approved budget and control & guide the business towers with proper cost center & GL code
- Review the general ledger (such as salary,T&E, professional sevices ,provision entries etc) in detail to ensure appropriate accounting at cost center level and provide depth analysis for further action
- Generate & publish monthly management reports on financial performance by dept by region,provide cost center owner with detailed expense reports Ensure the financial KPI's are effectively ensured
- Report demand forecast by Tower to Tower group leaders Consistently follow up with stakeholders on vendor ramp details
Financial analyst
Persokelly Pvt Ltd (@ WGE Healthcare Pvt Ltd)
10.2021 - 12.2022
- Responsible for 5 SBU’s Operating plan-budget , forecasting, reporting
- Monthly estimation & control of plant operational spend Vs Plan Plant Liquidating Labour hours calculation & reporting Estimating Factory productivity Vs Plan & controlling spend to achieve the same Estimates of Material overheads, material variances(MDV,PPV,MOH) etc
- Setting standard cost of the different products Assisting in quarterly stat P&L preparation and MIS for Board meetings Taking care control on day to day spend through review & approval of purchase requisition’s Head count analysis, cost center corrections & reporting Operating margin analysis, variance analysis & analysing VOP,VPE,VPY etc
- MI/MR,PO’s & P&E spend review & approval as per estimation/forecast
- Handling month end ,Qtr end closing of SBU’s
- Taking care of P&E spend Vs budget Cross charges for interunit/SBU’s for services rendered
- QTD & YTD SCM reporting -sales to OM analysis
Finance analyst
hyclone lifesceinces solutions india pvt ltd
07.2021 - 09.2024
- Taking care of Resources budget (Headcount) of multiple regions.
Asst.Manager FP&A
Wipro@GE BE PVT LTD;Healthcare
01.2018 - 06.2021
- Operating plan setting - Plant variable, Base& Engg expenditure Operating plan setting- LOH VOH FOH rates for plant Operating plan setting- Stat profit & Loss estimates Variance analysis- VOP;VPY;VOP
- Operating margin analysis and review with management Preparation of stat P&L estimates for the board & analysis of standard ,contribution & Operating margins Transfer prices & Inventory carrying cost review, initiate corrections & distribution to the respective owners
- Correction of the prices if not met Transfer price margins of the plant
- Sales & Cogs estimations based on Quarterly operating plan sales initiative Estimations PPV,MDV,Fx variances and other material overhead variances and initiate corrective action on demand
- Controlling Gross variable cost & Base cost of the plant Vs Budget Allocation of the budget to the respective department owners and controlling the same with budget allocation with tracking of each PO’s of the respective cost center spend
- Cost center & Account codes review and approval Purchase requisitions
- Engg spend project wise tracking and distribution of the same providing complete assistance to meet their budget allocation and other accounting services
- Calculation of labor hours consumption and distribution to the business leaders Engg spend True up/Down calculation and cross charging the same to the concerned business unit
- Variances analysis and reporting to the management
- Scrap Tracker-actual scrap, scrap disposals etc
- Extract & distribution aged MRB ,Subcon,FGRTN weekly &circulation to respective team
Freelancer
self-employed
04.2015 - 12.2017
Sr.executive
Capgemini and Parkea& Co chartered accountants
07.2014 - 03.2015
- Intercompany reconciliation ,creation and running proposal Netting of accounts receivables, account payables Intercompany confirmation of receivables &payables Balance sheet pack on monthly basis Uploading of invoices to the work flow Accrual posting Effective client interaction General ledger entry postings
Article assistant
Parkea&co chartered accountants
Bellary
03.2007 - 10.2010
- Maintaining Books of Accounts of Clients with updating of day to day Accounting transactions in Tally ERP 9 Software
- Preparation of Bank Reconciliation Statement at the end of the month and co-ordinate with Bank people in case of any incongruity
- Finalization of Accounts, reconciling & obtaining confirmation statements from creditors, Bank certificates for Balance confirmation at the end of the year
- Assist in Preparation of Financial Statements Viz
- Profit and Loss a/c, Balance Sheet with Schedules
- Check revenue and expenses accounts to judge the amount of total debts and credibility of the organization Prepared year-end journal entries provision entries, prepaid entries, depreciation entries, For annual audits and reports.
Education
ICWA(38th rank) - undefined
The Institute of Cost Accountants of India
CA (PCC) - undefined
The Institute of Chartered Accountants of India
B.Com - undefined
Satavahana Degree College affiliated to Acharya nagarjuna University
Skills
Financial Planning
Stakeholder Communication
Reporting proficiency
Process Optimization
Variance Analysis
Cost accounting
Comparative analysis
Budget support
Manpower planning
Project Management
Microsoft Excel
Cost-benefit analysis
Knowledge of ERP (Enterprise Resource Planning) software
General ledger accounting
Preparing budgets
Budgetary Planning
Personal Information
- Date of Birth: 04/05/88
- Marital Status: Married
Timeline
Lead Financial Analyst FP&A
Carelon global solutions LLP
01.2023 - Current
Financial analyst
Persokelly Pvt Ltd (@ WGE Healthcare Pvt Ltd)
10.2021 - 12.2022
Finance analyst
hyclone lifesceinces solutions india pvt ltd
07.2021 - 09.2024
Asst.Manager FP&A
Wipro@GE BE PVT LTD;Healthcare
01.2018 - 06.2021
Freelancer
self-employed
04.2015 - 12.2017
Sr.executive
Capgemini and Parkea& Co chartered accountants
07.2014 - 03.2015
Article assistant
Parkea&co chartered accountants
03.2007 - 10.2010
ICWA(38th rank) - undefined
The Institute of Cost Accountants of India
CA (PCC) - undefined
The Institute of Chartered Accountants of India
B.Com - undefined
Satavahana Degree College affiliated to Acharya nagarjuna University