SUDHAKAR SUTAR
Hyderabad
Summary
Dynamic and results-oriented finance professional with a solid background in financial management, analysis, and strategic planning. Seeking a challenging role as a Deputy Manager-Finance to leverage expertise in financial modeling, budgeting, and forecasting to drive organizational growth and efficiency. Dedicated to implementing innovative financial strategies and fostering cross-departmental collaboration to achieve corporate objectives. Passionate about contributing to the success of the organization through meticulous attention to detail and a proactive approach to problem-solving.
Overview
14
14
years of professional experience
1
1
Certification
Work History
Deputy Manager - Finance
UnitedHealth Group - OPTUM
03.2019 - Current
- Developed and presented budgets, forecasts, rolling forecast (Development projects) and segments, markets wise & cost centers projections for regional and business SPOCs, ensuring alignment with organizational objectives.
- Conducted detailed variance analysis for revenue and expenses related to FTE costs and cost consumption items to identify key financial trends, reviewing the P&L lines items providing actionable insights & commentaries for decision-makers.
- Prepared executive-level presentations and updated forecast templates, enhancing the clarity and precision of financial reporting.
- Orchestrated annual financial planning and monthly forecasting segments, overseeing critical elements such as headcount, compensation grid, and capacity optimization.
- Monitored targets and budgets closely, implementing necessary course corrections to align with actual performance.
- Presented scenario analysis - Ability to forecast outcomes based on multiple scenarios and focus on key financial levers, enabling function-wise analysis.
- Partnered closely with stakeholders in the US to facilitate quarterly forecasts and annual operating plans.
- Delivered comprehensive reporting and analysis with SmartView (Essbase) to support informed decision-making and strategic planning initiatives.
- Conducted daily reviews of financials during month-end, reporting issues to finance management, and comparing actuals to plan/forecast/prior periods for accurate month-end close.
- Reviewed month-close activities to ensure accuracy in financial reporting, managing accruals, Labor costs, and other functional costs.
- Prepared accruals, led month-end close processes, and created dashboards/packages for accurate interpretation of periodic financial data.
- Maintained close timelines and collaborated effectively with cross-functional teams to resolve issues promptly.
- Managed projects on cross-functional teams, leveraging analytical and problem-solving skills to enhance forecasting capabilities.
Assistant Manager
UnitedHealth Group - OPTUM
08.2016 - 02.2019
- Accountable for preparing departmental budgets and forecasts pertaining to Infrastructure costs, Labor, and Inter-segment chargebacks
- Collaborate closely with business stakeholders to devise and advocate strategies, plans, and processes aimed at enhancing profitability and cost efficiency
- Lead month-end close procedures, including the review and posting of accruals and contra-related automated journal entries
- Foster constructive relationships and collaborate across geographical regions and various controller-ship teams
- Actively seek opportunities to partner with customers in driving financial objectives forward
- Manage and mitigate risks associated with financial activities within the business, ensuring compliance with regulatory standards and internal policies
- Set performance targets and objectives, both short and long-term, to align with financial goals
- Monitor metrics, track key performance indicators (KPIs), and generate reports to assess departmental performance and drive continuous improvement.
Sr Financial Analyst
Accenture Services Pvt Ltd
12.2013 - 07.2016
- Conducted thorough analysis of business performance against plans and forecasts, delivering actionable insights crucial for decision-making processes
- Orchestrated month-end closing activities and generated Management Information System (MIS) reports for respective business functions, prioritizing accuracy and timeliness
- Collaborated closely with financial professionals across divisions, hubs, and countries to comprehensively understand and analyze financial performance drivers, facilitating informed decision-making at all levels
- Provided support in the preparation of Department financial reporting, business planning, and forecasting efforts through collaborative initiatives
- Ensured the accuracy of financial data and business information through meticulous reconciliation processes and proactive exception reviews
- Implemented robust processes and controls within the designated area of responsibility, aligning with group and unit requirements
- Ensured adherence to regulatory standards and best practices, mitigating risks and enhancing operational efficiency.
Process Developer
Genpact
07.2010 - 11.2013
- Responsible for accurately reporting actual costs to facilitate forecasting of business unit expenses, ensuring alignment with financial objectives and strategies
- Managed the seamless passing of journal entries across various accounts and conducted meticulous scrutiny of the General Ledger to uphold financial integrity and compliance
- Engaged with clients to update processes, conduct variance analysis, and provide insights into reasons for discrepancies in accounts, fostering transparency and trust in financial dealings
- Conducted thorough analysis of previous business processes to identify inherent flaws and pitfalls
- Leveraged insights to inform subsequent process development lifecycles, driving continuous improvement and efficiency gains.
Education
PG Certification in Financial Management - Financial Management
Indian Institution of Management - IIM Trichy
Tiruchirappalli, Tami Nadu02-2024
MBA - Financial Accounting And Managment
KGR Institute of Technology & Management, - Osmania University
Hyderabad, India01.2013
Bachelor of Commerce - Financial Accounting And Managment
Railway Degree College - Osmania University
01.2010
Skills
- Strategic Business Planning, Vision & Thought Leadership
- Financial Modelling and Reporting
- Financial Analysis
- Operations Management
- Annual Business Planning, Budgeting & Forecasting
- Leadership
- Project Implementation
- Financial Management
- Revenue & Expenses Analysis
- Continuous Process Improvement/Transformation, Transition & Automation
- ERP - PeopleSoft
- Hyperion Essbase - SmartView & Power Query/Power BI
- Cost analysis and savings
- Quick decision-making abilities
Certification
- Lean Six Sigma Black Belt, IASSC - CSSC, xlnclssbb2020047
- Lean Six Sigma Green Belt, IASSC - ICCC, xlnclssgb2020067
- Lean Six Sigma White Belt, IASSC - CSSC, xlnclssyb2020091
Accomplishments
- Implemented revenue forecasting improvement projects that resulted in an increase in forecast accuracy.
- Led process standardization and innovation initiatives that reduced costs and improved process efficiency.
Timeline
Deputy Manager - Finance
UnitedHealth Group - OPTUM
03.2019 - Current
Assistant Manager
UnitedHealth Group - OPTUM
08.2016 - 02.2019
Sr Financial Analyst
Accenture Services Pvt Ltd
12.2013 - 07.2016
Process Developer
Genpact
07.2010 - 11.2013
- Lean Six Sigma Black Belt, IASSC - CSSC, xlnclssbb2020047
- Lean Six Sigma Green Belt, IASSC - ICCC, xlnclssgb2020067
- Lean Six Sigma White Belt, IASSC - CSSC, xlnclssyb2020091
PG Certification in Financial Management - Financial Management
Indian Institution of Management - IIM Trichy
MBA - Financial Accounting And Managment
KGR Institute of Technology & Management, - Osmania University
Bachelor of Commerce - Financial Accounting And Managment
Railway Degree College - Osmania University
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Work Preference
Work Type
Full TimeWork Location
On-SiteRemoteHybridImportant To Me
Work-life balanceHealthcare benefitsCompany CultureCareer advancementPersonal development programsTeam Building / Company RetreatsFlexible work hoursPaid time offSimilar Profiles
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