Vasu Sagar Abishetti

• Cost Allocation: Managed and allocated costs across various business units to ensure accurate financial reporting. Collaborated with multiple departments to ensure the timely and accurate distribution of overheads, direct costs, and indirect costs.
• P&L Matching: Actively participated in the monthly reconciliation process by ensuring that P&L numbers matched across different platforms and systems. Identified discrepancies and collaborated with finance teams to resolve issues efficiently.
• Project Controlling: Supported project managers by providing accurate financial insights on project budgets and forecasts. Monitored project expenses, ensuring they stayed within the allocated budgets, and identified potential cost overruns.
• Days on Receivables: Monitored and analyzed the Days on Receivables (DOR) metric, working closely with the accounts receivable team to ensure timely collections, and improve cash flow. Implemented best practices to reduce the DOR ratio, enhancing overall financial health.

Key Achievements:

• Successfully improved the accuracy of cost allocation by reducing errors.
• Played a critical role in ensuring all P&L numbers were reconciled and matched with financial reports each quarter.
• Identified inefficiencies in project budgeting that resulted in a significant reduction in project costs.
• Contributed to reducing Days on Receivables, improving cash flow.