Vasu Sagar Abishetti

• Cost Allocation: Coordinated with finance teams from six different departments to ensure correct allocation practices were followed; maintained an error-free record over six months that reinforced trust among stakeholders regarding fiscal responsibility.
• P&L Matching: Streamlined communication among departments about variances found during month-end reconciliations from diverse platforms; improved resolution timeframes on issues raised to an average turnaround of just three days.
• Project Controlling:Supported project managers by providing accurate financial insights on project budgets and forecasts. Utilized financial modeling techniques, such as variance analysis and scenario planning, to project future costs and identify potential budget discrepancies early. Monitored project expenses, ensuring they stayed within the allocated budgets, and proactively identified and mitigated potential cost overruns by recommending corrective actions and alternative strategies.
• Days on Receivables: Monitored and analyzed the Days on Receivables (DOR) metric, collaborating closely with the accounts receivable team to ensure timely collections and improve cash flow. Implemented targeted strategies such as streamlining invoicing processes, introducing automated reminders, and enhancing cross-functional communication between sales and finance teams to proactively address potential delays. These initiatives successfully reduced the DOR ratio, strengthening overall financial health and optimizing working capital management.

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.
• Reduced month-end closing time by implementing efficient reconciliation processes and procedures.
• Oversaw preparation of annual budgets, providing accurate financial guidance for key business decisions.