Vinay KS
Financial Professional
Bengaluru
Summary
Strategic and results driven Finance Professional with over 8.5 years of experience in FP&A, Controllership & Strategic Financial Management. Proven track record in budgeting, forecasting, financial modelling, cash flow optimization, KPI development, profitability and variance analysis to deliver data driven insights to support C-level decision making. Proficiency is GAAP, IFRS, IND AS & tools like SAP, Power BI, Tally & Advanced Excel. Adept at streamlining process, reducing costs & enhancing financial stability.
Overview
9
9
years of professional experience
2
2
Certifications
3
3
Languages
Work History
Manager- Controlling and Financial Planning & Analysis
WFS (Bengaluru) Private Limited
07.2023 - Current
- Delivered accurate, timely financial reports (US GAAP & IFRS) to global & (IGAAP & IND AS) local management for decision-making.
- Led budget planning (OPEX & CAPEX) and rolling forecasts in alignment with strategic goals, partnering with department heads.
- Streamlined monthly revenue finalization, managed unbilled revenue, and ensured accurate customer billing processes.
- Designed comprehensive financial models for revenue tracking, scenario analysis, variance analysis and new project feasibility assessments, influencing strategic decisions.
- Developed and monitored key performance indicators (KPIs) to track and improve financial and operational performance effectively.
- Directed OPEX management initiatives, introduced cost-center-based accounting, and implemented cost-saving measures to optimize operational performance.
- Conducted in-depth variance and trend analysis to uncover opportunities for performance improvements, providing actionable insights to senior management.
- Partnered with procurement team for cost management, reviewed purchase requests & ensured strategic alignment in spending.
- Analyzed competitive landscapes and communicated insights on market share and performance to management teams.
- Reviewed books of accounts after monthly closure to ensure accuracy, and report financials in SAP for global consolidation, presenting monthly performance to key stakeholders.
- Developed dashboards for Revenue, IFRS Financials, EBITDA bridge.
- Created SOPs and implemented standardized processes to improve reporting accuracy, reduce timelines, and enhance team efficiency.
- Successfully managed dual responsibilities as Sr. F&A Manager during critical transitions, ensuring timely closure of books.
Principal Analyst FP&A
Ab-Inbev
12.2022 - 07.2023
- Performed month-end-closing activities in Anaplan for France and Luxemburg.
- Monthly Financials reporting in Anaplan.
- Stakeholder management - interacted for financial performance of France & Luxemburg and for budgeting activity.
- Prepared Monthly Revenue reports and reconciled with Anaplan vs SAP ERP.
- Performed Variance analysis for Actual Financials vs Budget vs Latest estimate for monthly reports.
Finance Manager
PlasmaGen Biosciences Pvt Ltd
09.2017 - 11.2022
- Managed daily finance operations and ensured accurate month-end & year-end closures.
- Prepared annual IGAAP financial statements for statutory audits.
- Developed and presented monthly MIS reports, including trend, variance, & profitability analyses, to management & investors.
- Strong Business partnering with cross-functional teams to develop comprehensive annual budgets, delivering data-driven insights to management & investors.
- Conducted detailed revenue and cash flow forecasting on monthly and quarterly cycles, collaborating with sales & distribution teams to ensure accurate revenue recognition & closing.
- Directed payables and receivables, maintaining efficient daily and weekly cash flow processes for better cash flow management.
- Reviewed and ensured accurate filing of statutory returns, including e-TDS, GST, and PT.
- Designed and implemented a pricing matrix that enhanced NRVs and increased profitability for key products.
- Managed foreign payments, bank guarantees, letters of credit, and deposits through strong banking relationships.
- Performed Job work product costing and complete accounting.
- Built a 7-year projected financial business model for a new manufacturing plant and other strategic business plans.
- Established nationwide Stockiest Credit Limit for all customers, reducing outstandings dues above 60 days.
- Played a key role in the implementation of SAP B1 for finance, accounts, and distribution, streamlining workflows.
- Handled AP & AR process. Played an important role in realizing old overdue outstanding from major super stockiest.
- Trained staff in financial processes to enhance team capabilities and ensure alignment with organizational goals.
Associate Financial Analyst
Wells Fargo
09.2016 - 05.2017
- Helping the Underwriter to know income of loan applicants through calculating income variance, Preparing reports on loans and Validation of documents.
Education
US CMA - Certified Management Accountant
Institute of Management Accountants (IMA)
06-2026
PGDBA - Finance
Symbiosis Centre for Distance Learning
05.2019
Bachelor of Commerce - Accounting & Finance
Seshadripuram Academy of Business Studies
05.2016
Skills
Strategic financial planning
Budgeting & Forecasting
KPI Development
Financial Dashboards
Financial Modelling & Reporting
Variance Analysis and Profitability Analysis
US GAAP, IFRS, IGAAP & IND AS
MIS Reporting
AR / AP process, Treasury
Strategic Cost Management
SAP B1 & Tally
Data Analysis & Visualization - advanced excel and Power BI
Business Partnering
Process Automation & SOPs
Team leadership & Training
Certification
Executive Development Programme in Financial Data Analytics - Indian Institute of Management (IIM) Kashipur - August 2022.
CAREER HIGHLIGHTS
- Earned Employee of the month recognition within 6 months.
- Set strong F&A process helping to bring down monthly books closure timeline by 6 days.
- Generated INR. 23 mio interest income through effective cash flow management.
- Achieved ~ 8% cost reduction in raw material sourcing via strategic planning.
- Performed 10 years books 3-way reconciliation to bring single customer outstanding from INR.150 mio to INR.35 mio.
- Lead the implementation of SAP-B1.
Timeline
Manager- Controlling and Financial Planning & Analysis
WFS (Bengaluru) Private Limited
07.2023 - Current
Principal Analyst FP&A
Ab-Inbev
12.2022 - 07.2023
Finance Manager
PlasmaGen Biosciences Pvt Ltd
09.2017 - 11.2022
Associate Financial Analyst
Wells Fargo
09.2016 - 05.2017
PGDBA - Finance
Symbiosis Centre for Distance Learning
Bachelor of Commerce - Accounting & Finance
Seshadripuram Academy of Business Studies
US CMA - Certified Management Accountant
Institute of Management Accountants (IMA)