Summary
Overview
Work History
Education
Skills
Websites
Languages
References
Timeline
Generic

Suman B

Mahabubnagar

Summary

Senior financial analyst with Novartis adept in analyzing and interpreting financial information to forecast trends and guide stakeholders. Enthusiastically aiming to bring value to new team by using unyielding work ethic in professional role.

Overview

9
9
years of professional experience

Work History

Senior Financial Analyst

Novartis
Hyderabad
04.2025 - Current
  • Collaborated with cross-functional teams to develop annual operating budgets and long-term strategic plans.
  • Analyzed financial data to identify trends, discrepancies and opportunities for improvement.
  • Conducted thorough reviews of monthly financial statements to ensure accuracy in budgeting and forecasting.
  • Analyzed financial data to identify trends, patterns and strategies.
  • Created presentations and documentation to deliver financial data to associates and professionals.
  • Collaborated with senior management to develop and monitor key financial performance indicators (KPIs).
  • Assisted in the budgeting process by providing detailed revenue and expense forecasts.
  • Coordinated with cross-functional teams to gather financial data and insights for comprehensive reports.
  • Conducted variance analysis to compare budgeted figures against actual results and identified causes of discrepancies.
  • Led workshops and seminars on financial literacy and analysis techniques for internal staff.
  • Utilized financial software and advanced Excel functions to streamline data analysis and reporting processes.
  • Assessed requisitions each month to ensure accuracy and reconciled transactions.

Financial Analyst

Novartis
Hyderabad
04.2023 - 03.2025
  • Prepared detailed reports on financial status of clients' investments.
  • Managed portfolio performance by monitoring changes in markets, client objectives, and risk tolerance levels.
  • Developed strategies to improve efficiency of business operations and reduce costs.
  • Reviewed financial documents and records to assess accuracy and compliance with applicable laws, regulations, and standards.
  • Evaluated complex financial information from multiple sources to make sound recommendations.

Articled Assistant

Swamy & Associates
Mahabubnagar
04.2019 - 03.2022
  • Drafted and filed appeals before the Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal.
  • Resolved cases pending before CESTAT under the Sabka Vishwas (Legal Dispute Resolution) Scheme and saved tax amounting to INR 18 Lakhs for an assessee.
  • Assisted clients on applicability, exemptions, deductions on direct taxation, and GST, including registration, cancellation, and filing of GST returns.
  • Handled the tax audit and prepared the tax audit report, consisting of individuals and firms. Also prepared and filed income tax returns for a diverse client base.
  • Prepared projected financial statements for working capital requirements, ensuring that the client has enough liquidity to continue operations.
  • Performed an audit on a variety of clients in the manufacturing (rice mills, seed processing units), service (restaurants), trading (filling stations, motor showrooms), and education industries.
  • Conducted an audit to perform end-to-end testing on borrowings, loans and advances, payroll, operating expenses, and fixed assets (including fact-based risk assessment).
  • Scrutinized cash balances and gold deposits at various bank branch audits, identified deficiencies in the internal control system, and reported findings to the management, making recommendations for improvement.
  • Understanding of the Insolvency and Bankruptcy Code, 2016, and the SARFAESI Act, 2002.

Financial Assistant

Andhra Pradesh State Financial Corporation
Mahabubnagar
11.2017 - 03.2019
  • Company Overview: Enacted by the Parliament of India for promoting Micro, Small, and Medium Enterprises.
  • Prepared and presented project reports to credit committees, with detailed financial statement analysis, with due regard to ISO compliance.
  • Prepared inspection report, due diligence report of borrowers for financial appraisals, and also CIBIL report generation and analysis thereon.
  • Preparation of the weekly MIS of sanctions and disbursement, processing sanctions, and risk analysis; preparation of credit rating and default ratio of schemes.
  • Monitored and assisted in reducing NPA (Non-Performing Assets) in order to build a healthy portfolio and enforce risk management principles for stressed assets by way of waiver of penal interest, rescheduling of loans, and write-offs, including one-time settlement of loss assets, and facilitated the implementation of regulatory reporting.

Summer Intern

Andhra Pradesh Grameen Vikas Bank
Rajapur
05.2016 - 07.2016
  • Was part of Audit wing.

Education

CA-Final -

The Institute of Chartered Accountants of India
01.2022

CA-IPCC -

The Institute of Chartered Accountants of India
01.2019

MBA(FINANCE) -

Jaya Prakash Narayana School of Business Management
01.2017

B.Com(Comp) -

Sri Chaitanya Degree College
01.2015

Skills

  • Effective communicator with exceptional interpersonal skills in handling the different perspective of job and making them productive in association
  • Good fit with corporate culture, adroit about team objectives, as an enthusiastic team player
  • Financial analysis
  • Variance analysis
  • Advanced Excel
  • Strategic planning
  • Cross-functional collaboration
  • Problem solving
  • Presentation skills
  • Financial modeling
  • Budget forecasting

Languages

Hindi
First Language
Hinidi
Advanced (C1)
C1
English
Upper Intermediate (B2)
B2

References

References available upon request.

Timeline

Senior Financial Analyst

Novartis
04.2025 - Current

Financial Analyst

Novartis
04.2023 - 03.2025

Articled Assistant

Swamy & Associates
04.2019 - 03.2022

Financial Assistant

Andhra Pradesh State Financial Corporation
11.2017 - 03.2019

Summer Intern

Andhra Pradesh Grameen Vikas Bank
05.2016 - 07.2016

CA-Final -

The Institute of Chartered Accountants of India

CA-IPCC -

The Institute of Chartered Accountants of India

MBA(FINANCE) -

Jaya Prakash Narayana School of Business Management

B.Com(Comp) -

Sri Chaitanya Degree College
Suman B