Chetan Srivastava

This is Chetan Srivastava. I have close to 15 years of extensive experience into FP&A, R2R, Financial Reporting ,  AP, Billing , Revenue accounting ,  FDD, Transition, Automations, Transformation across industries in Global Working environment 

Skills Highlights
 P&L Analysis, Balance sheet Analysis,Cash Flow
 Budgeting and Forecasting
 Variance Analysis, Disclosures
 Accrual, Revenue Recognitions
 MIS/External, Ad-hoc Reports
 Accounts Payable, Vendor/PO
Management
 Consolidation and Analysis
 Billing- Revenue Accounting
 Data Analytics, Business Intelligence
Core Accomplishments
 Intercompany, Payments, Journal entries
 Balance sheet Reconciliation, Payroll
 Investment Accounting, Fixed Income, Bank Reconciliations  CAPEX, OPEX, FAR, Tax Compliances and laws
 Process improvement and Risk control
 US GAAP/IFRS, STAT/Regulatory Reporting and Filling
 Managing Month/Quarter/Year end closes
 Treasury Reporting, Accounting, Cash Matching
 Governance Deck, Scorecard, KPI, Audits
 Due Diligences & Transitions, Transformation
 SOP. SOW, MSA, RCA, Cross Trainings, Team Handling
*
*Verified accuracy of incoming invoices in Accounts payable process, discovered errors that saved an average
15%
Change, Implementing Blackline for reconciliations/posting Journals & SAP S4 HANA for process excellence
*Kaizen wave idea into Accounting Process that saved 3152 hours/year and lead to 28% increase in output
Certificate of Appreciation for successful transformation of FP&A role and demonstrating business
partnering by saving $23M indirect cost- T&E, FTE’s costs
of $10,000 annually in overpayments, duplicate invoices
*Process Improvement ideas of month end closing activities to save $48M cost into FP&A using Excel
formulas and macros for Intercompany transactions, headcount reporting, Forecast, Adjustment entries
* Managing AOP of $90M and strategic recommendation to business to improve forecast accuracy over by
* Successful transitions of FP&A/R2R process with US/UK clients, Operations set up, Transformation with
process
 
Relevant Professional Experiences
ASSISTANT MANAGER -FP&A, R2R, Financial Reporting, Solution Design, Transitions, Transformation| 12/2015 - Current Genpact – Noida, India
 Currently into FP&A role- P&L Analysis BU revenue and Marketing expense, Accruals, Balance sheet analysis and reconciliation, Variance analysis (Price, Costs, Volume and Mix), disclosures, Finalization of books
 Budgeting and Forecasting activities- Preparing Annual Operating Business top-down plan based on inputs, Budget allocation/StatusReports, Review Budget with department Head/Stakeholders/Leaderships, Freezing Final Budgets
 Supported forecast based on actual historical trends and recommended business to increase accuracy over by 15%
 Hyperion Vs Essbase comparison and data load, mapping of new product SKU’s and entities for accurate reporting
 Handled Budget preparation, Budget allocation and Transfer, Used Salesforce tool for forecast and revenue
Recognitions of contracts, managing deferred revenue cost of $4 billion
 MIS Reports, Cost Reports, BU Revenue Report, Budget Status Report, PO Report, FX Report, Ad-hoc Report
 Certified Corporate FP&A for Genpact across business, billing, revenue recognitions across BU, cost analysis
 Record to Report – Month/Quarter/ Year end Closing Activities- Accrual preparations and postings,
Reconciliations between SAP &Blackline and bank statements, Handline and solve tickets for
discrepancies in reconciliations for robust and accurate reporting
 Supported P&C Insurance accounting and Global Financial Reporting process and Filling of 10Q, 10K, 8K, Yellow Book
 Supported in Local STAT and Regulatory Reporting and Filling, Fixed Assets Reporting and tax filling
 Handed Payroll,Intercompany transactions, Adjustments, Payments, Balance sheet reconciliations, Reporting
 Responsible for Capitalization of taxes/insurance expenses, GL Reconciliation with Fixed Assets Register, Depreciation calculations
 Treasury Reporting- Journal posting, Wire Payments, STAT vs US GAAP reconciliation and Reporting, Providing footnotes in W-desk, Cash Management, Amortization schedules, Reconciliation between GL and Trial Balance
 Vendor Creation and payment through inhouse tool, PR generation into SAP, PO creation, PO closure, Accrual Reversal
 Design, develop, and implement standardized reporting structure as per US GAAP, IFRS, HGB, BASEL, GDPR
 Working knowledge or business intelligence tools, Implementation of SAP, Blackline, Salesforce, Essbase, Hyperion
 Spearhead automation in reporting to reduce Manual intervention, drive process improvement on complex activities
 Define growth road map, worked closely with Business Heads, Data team, Product team, Presales, RPA
 Create performant results visualizations that provide key business insights to Director/VP’s/CFO’s
 Implemented deep tracking system of performance of business, KT plan, cross trainings for process excellence
 Month end reports, KPI, Scorecard, Audit Reports, Governance decks to share with Management and clients for review
 Strong Analytical skills, support E2E business reviews and growth plans, International F&A exposure across industry
 Due Diligence & Transitions-Drive E2E Solution designing of company's outsourcing FP&A/R2R/Financial
Reporting process, Responsible for Onsite Job Transitions for operations set up, Project Management, RPA, Automation, Transformation
FINANCIAL PLANNING ANALYST | 03/2014 - 12/2015 Honeywell, Bangalore – India, FP&A
 FP&A- As part of Global Finance Excellence Centre
 Corporate Finance - SPOC for Corporate FP&A, Handled E2E Month end closing,
 Driving efficiencies on optimization across the region/business of $110 M of SG&A Cost and $192M of EBITDA
 Accrual entries on Cost Centre & Chart of Accounts, Re-class entries, Cost Analysis
 Actual Consolidation of Cost's load on Essbase, SAP dump, Intercompany Elimination of cost recharged,
Adjustments, Cost and Variance analysis, Vendor Management, COLA, Severance costs, Adjustments
 Prepared Budget templates according to budgetary guidelines, Loading Final Budget and Forecast numbers
 Actual, Analysis, Disclosures, Pre-close, Book closing, Management Reporting, Headcount Reporting
 Scorecard, Balance sheet reconciliation, Projects, Census & Management reporting, Budgeting- Annual
Operating Plan (AOP), Forecasting (3+9, 6+6, 4+8), STRAP (5 Years plan), FX Impact.
 Provide Director of FP&A with Monthly Analysis of Headcount, Payroll, Bonus and Commissions to determine
business need of forecast
 Soft skills, Leadership, cross trainings, Process Improvements

FINANCIAL ANALYST | 06/2013 - 03/2014
Deluxe Digicaptions India Pvt. Ltd - Pune, India, F&A Operations
 1st Financial Analyst, Part of F&A team (CFO Office), Closely working with MD
 Responsible for Capex & Opex reports, Budget, STPI reporting, PO Reports, Payments, Fixed Assets Register
 Statutory & Software expenditure reporting, Prepaid schedule, Petty cash, GL, Trail Balance Reconciliations
 Liaison with Bank to raise funds, Sync with Government Body, Income Tax/VAT/Service tax compliances and laws
 Meeting Government Officials for Tax related matters, Bridge between Bangalore and US office for Pune E2E Operations
 AMC reports, Vendor/PO management, Payments, Finalization of Vendor
FINANCIAL ANALYST | 08/2011 - 05/2013
Avaya Inc - Pune, India- FP&A, Accounts Payable -Part of Global Financial Shared Services
 Corporate FP&A process- Handling E2E Corporate FP&A process Globally
 Managing P&L and doing analysis between actual vs forecast vs budget, MTD, QTD, YTD comparison 
 Providing disclosure and commentaries to share with stakeholders i.e. Director, CFO, Controller
 Preparation of MIS Reporting- Revenue/FX/Cost Reports and Analysis, Consolidation, roll forward, SOX compliance
 Budgeting and forecasting- Handled Budget of $120M across all regions, Forecasting, Variance analysis, commentaries
 Accounts Payable-
 Prepare month-end closing entries for detailed reporting and research and resolve all payment problems.
 Handling PO and Non-PO transaction, timely tracking against payment terms
 Evaluating and follow ups on aging items beyond payments terms i.e15 days
 GR/IR reconciliation, PO/Non- PO 3 way matching and closures
 Download the invoices from Ariba software, validating with PO in SAP to avoid duplicate payments
 Issue credit notes in case of duplicate or wrong payments if any
 Provide and Prepare Ad-hoc request for Management, Director, Stakeholders
OPERATION EXECUTIVE | 05/2008 - 08/2011
BNY Mellon - Pune, India, F&A Operations- Asset and Wealth Management Shared Services
 F&A Operations- Part of Global Finance Centre, Financial Reporting - Preparing Income Analysis reports
 Processing Investment Accounting and Reporting, Portfolio Management, Mortgage-Backed Securities
 Fixed Income, Cash Management, Intraday and Bank Reconciliations, Sweep Accounts
 Revenue accounting Billing process
Skills
 Financial Software Systems- SAP- R3, MM, HANA, BPC, Reporting- Essbase, Smart View, Cognos, Oracle PeopleSoft, Hyperion, SharePoint tools, Citrix, Jira, Ariba, Blackline, Alteryx, Tableau, Quick books, Power BI, EAS Console, Sales Force WDesk, Bloomberg, YARDI, FDM, FIT, TM1, Trin Tech, Excel/Word/PP/Visio
Core Qualifications
MBA (Finance) From MIT, Pune University - Pune, India in 2008
B.COM(Hons.) FromCommerceCollege,PatnaUniversity-Patna,Indiain2006

MBA Finance from Pune University