Summary
Overview
Work History
Education
Skills
Languages
Timeline
Generic

Sunil Nandal

Pune

Summary

A Finance professional with 12+ years of experience in diverse roles including Accounting, Finance, Financial planning, Financial reporting, Forecasting, Variance analysis & Management reporting.

Overview

13
13
years of professional experience

Work History

Lead Financial Analyst

BNY Mellon
Pune
05.2023 - Current
  • Responsible for collecting, organizing, analyzing, interpreting, and communicating financial data in a meaningful way.
  • Support the month-end financial reporting process, including preliminary report generation, ensuring accurate closing of monthly financials, and conducting post-close variance analysis of actual vs. Forecasted results.
  • Key resource in the planning and execution of the forecasting process, including the annual budget and long-range planning.
  • Analyze, track, and report on all assigned costs in comparison to approved planning/forecasting benchmarks.
  • Various ad hoc projects, as assigned by the manager.

Senior Business Analyst

HSBC Bank
Pune
01.2022 - 05.2023
  • Evaluate financial performance by comparing and analyzing actual results with plans and forecasts.
  • Define controls and make sure accounting process (accruals, recharges, depreciation etc) are completed in timely manner.
  • Providing detailed commentary through Flash comments and situation report to top management and Business Leaders on monthly basis by providing them an insight of variance for FTE/HC as well as expneses.
  • Prepare executive summary and present them to senior stakeholders across the business/function.
  • Analyze financial data, perform variance analysis, identify trends, and make recommendations for improvements.
  • Establish successful business partnerships with finance and operational leaders, displaying effective communication to all levels of leadership.
  • Support BP Finance Team with complex ad-hoc analysis.

Senior Analyst

Deustche Bank
Pune
07.2017 - 12.2021
  • Budget and Forecast of annual expenses through key drivers, trend analysis, business feedback and negotiations.
  • Variance analysis of plan vs. actual and providing accurate commentaries in real time.
  • Analyzing trends & providing proactive recommendations to the finance leadership team by highlighting potential business risks & opportunities.
  • Partner with Finance/Operations leadership on ad hoc projects /reporting as per the ongoing business requirements.
  • Providing key analytics to the onshore stakeholders for effectively planning their expenses.
  • Contact point for the CIA (Cost Intelligence Analytics) to provide them with close analysis and key risks and opportunities. Also liaising with accounting to ensure accuracy in the close of books.
  • Built Headcount model to account for key cost drivers.
  • Coordinate, interpret and respond to ad hoc financial requests within the region.
  • Working in a global team environment and interacting with various controllers in the business locations.
  • KT sessions for the new comers to apprise them about the day to day working of the business.

Senior Process Associate

ADP India
Pune
11.2015 - 12.2016
  • Analyze quarterly and monthly divisional financial statements including comparison of actual results to budget/forecast and analysis of key financial metrics and trends.
  • Provide forward-looking analysis including business partnering for controllers/leaders and also Involve in conjunction with various stakeholders on cost containment initiatives.
  • Interaction with NSE Heads, Sales Heads/Controllers, Accounting Heads & onshore teams.
  • Managed monthly close/forecast of NSE BUs within agreed TAT/SLA.
  • Ensuring Operating Plan and Restatements for the Business Units are loaded to Hyperion Essbase and Smart View.
  • Identifying standardization/automation opportunities for efficient working processes & effective capacity utilization.
  • Monthly variance reporting and reporting of any issues, risks & opportunities and Flash reporting.
  • Achieved elimination of manual tasks, resulting in better capacity utilization, by automation of activities.

Senior Analyst - Investor Accounting

Ocwen Financial Solutions Pvt Ltd
Pune
06.2012 - 10.2015
  • Responsible for the monthly reconciliations of various General Ledger's and custodial bank accounts in order to verify and authenticate the flow of funds from the borrowers to the investors.
  • Preparation of monthly cash flow analysis of various General Ledger's and custodial bank accounts.
  • Complete all Investor account and advance account reconciliations as per the timelines defined.
  • Monitoring the flow of funds from Borrower to the Investor and also keep checking on other departments that are involved in the cash flow.
  • Communicate with external parties to resolve queries, escalated trust inquiries including discrepancies arising from the remittance report.
  • Documentation of cash flow and reports for internal and external auditor's of the company.
  • Mentoring the new recruits and provide them useful input about the process.

Education

Master of Business Administration - Finance

Sinhagad Business School
Pune

Bachelor of Commerce -

Solapur University

Skills

  • Financial Planning/Budgeting
  • Forecasting & Budget Deviation Analysis
  • Stakeholder Management
  • Strong Analytical & Interpretation skills
  • Effective Communication
  • MS-office- Excel
  • Basic PowerBi
  • Essbase/HFM/MAQ
  • Qlikview

Languages

  • English
  • Hindi
  • Marathi
  • Telugu

Timeline

Lead Financial Analyst

BNY Mellon
05.2023 - Current

Senior Business Analyst

HSBC Bank
01.2022 - 05.2023

Senior Analyst

Deustche Bank
07.2017 - 12.2021

Senior Process Associate

ADP India
11.2015 - 12.2016

Senior Analyst - Investor Accounting

Ocwen Financial Solutions Pvt Ltd
06.2012 - 10.2015

Master of Business Administration - Finance

Sinhagad Business School

Bachelor of Commerce -

Solapur University

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