Udit Kumar
Bangalore
Summary
Accomplished financial professional with extensive experience in financial reporting and analysis, leading successful budgeting and forecasting initiatives at State Street Corp. Proficient in team management and process improvement, contributing to strategic decisions and operational success.
Overview
16
16
years of professional experience
Work History
Financial Planning and Analysis AVP
State Street Corp
Bengaluru
06.2017 - Current
- Provided strategic financial support to business to provide insightful analysis of business performance
- Developed reporting and analysis within the channels to enable business decision-making and support the successful growth in the region
- Forecasting and rest of the year risk and opportunities with potential levers, including providing insight to forecast and future performance
- Providing ad-hoc analysis to support business requirements
- Prepared monthly and quarterly reporting focused on Actual, Forecast and Budgeted results
- Building forecast and budget process across the multiple business within organization
Reporting – FP&A/Accounting
HSBC
01.2017 - 06.2017
- Providing the ad-hoc analysis and reporting
- Overseeing AP, AR & Invoicing of Global Research Business
- MIS Reporting
- Financial Planning and analysis, Carrying out annual operating plans, quarterly forecasts for Global Research
Reporting – FP&A/Dashboards
Societe Generale
07.2014 - 12.2016
- Supporting the Business with key Financial Planning & analysis and decision-making support
- Forecasting and budgeting the expected revenue drivers and prepare monthly variance explanations of actual result vs. budget
- Support and schedule balance certification of PnL accounts
Reporting – FP&A/Dashboard/Accounting
Tesco
04.2011 - 07.2014
- Preparation of monthly, Quarterly, Annually P&L to derive at the profit margins
- Work with relevant business units & ensure corporate governance and internal controls Strategic planning, operational planning/budgeting, predictive forecasting, reporting
- Monthly preparation of reconciliation of balance sheet accounts
- Monitoring the transactions in the ledger and closing balances.
General Ledger /Accounting
Infosys
12.2009 - 03.2011
- Monitoring the transactions in the ledger and closing balances
- Monthly preparation of reconciliation of balance sheet accounts
- Processing journal entries
Education
MBA - Finance
B Com -
Skills
- Financial reporting and analysis
- Budgeting and forecasting
- Business performance evaluation
- Management information systems
- Month-end, quarter-end, and year-end close processes
- Automation and migration strategies
- Team leadership
- Process improvement and documentation
Trainings Certificates Awards
- Setting up FP&A process in 2017 for State Street US business
- Excellence Award for clearing long pending Inter Company reconciliation
- Received spot award from the finance director for immense knowledge on the financial reporting and ownership and accountability shown
Technology Expertise
- Oracle Essbase
- Smartview/Thinkcell
- TM1/Business Object
- Hyperion Reporting
Industry Experience
- Financial services/Banking
- Information technology
- IT Enabled services
Timeline
Financial Planning and Analysis AVP
State Street Corp
06.2017 - Current
Reporting – FP&A/Accounting
HSBC
01.2017 - 06.2017
Reporting – FP&A/Dashboards
Societe Generale
07.2014 - 12.2016
Reporting – FP&A/Dashboard/Accounting
Tesco
04.2011 - 07.2014
General Ledger /Accounting
Infosys
12.2009 - 03.2011