madhav baliga

I've spent 20+ years helping finance functions do less and mean more — fewer reports, sharper forecasts, and analytics that leadership actually uses to make decisions.
 

At LSEG, Refinitiv, and Thomson Reuters, I've led the kind of finance work that doesn't get talked about enough — rationalizing the reporting that nobody reads, building the models and infrastructure that actually scale, and getting the right numbers in front of the right people before the meeting, not after.
 

A few things I'm proud of:
• Scaled an FP&A CoE from 30 to ~100 professionals, enabling the team to absorb post-merger workloads, support multiple business units, and run performance management at enterprise scale
• Cut enterprise reporting volume by 49% — not by removing reports people needed, but by finally asking which ones they didn't
• Built a synergy tracking framework that helped LSEG exceed its post-merger targets: £562M in cost synergies and £292M in revenue synergies
• Drove adoption and continuous enhancement of Oracle EPM across global regions — standardizing planning, consolidation, and MI reporting processes post go-live
• Delivered a 30+ KPI executive scorecard in under a week when leadership needed visibility fast
 

I'm a qualified management accountant (ACMA) with strong technical depth — Oracle EPM, Power BI, Alteryx, Snowflake — but my real interest is in what the data enables, not the data itself.
 

Currently open to Director-level roles in FP&A transformation, enterprise performance management, or Finance CoE leadership

LSEG (London Stock Exchange Group) 

Director - Performance Management Change / Director FP&A CoE 

January 2021 - Present (5 years 3 months) 

Bengaluru 

Spearheaded key workstreams in modernizing enterprise finance capabilities across a multi-billion-pound organisation — spanning FP&A transformation, analytics enablement, and operating model redesign from LSEG's Bengaluru Centre of Excellence. 

• Helped scale the FP&A CoE from 30 to ~100 professionals, increasing analytical depth and delivery capacity across global planning cycles 

• Drove a 49% reduction in global reporting volume through a structured rationalization program — cutting low-value MI and giving leadership cleaner, faster insight 

• Designed and built a synergy tracking framework that helped LSEG exceed its post-merger targets: £562M in cost synergies and £292M in revenue synergies 

• Drove adoption and continuous enhancement of Oracle EPM across global regions — standardizing planning, consolidation, and MI reporting post go-live 

• Built executive Power BI dashboards for a £9Bn portfolio and delivered a 30+ KPI BizCo Scorecard in under a week for C-suite visibility 

• Designed automated reconciliation workflows across Oracle Fusion, EPM, and Snowflake, reducing manual effort by 50% and strengthening MI data integrity

Key tools: Oracle EPM | Hyperion | Power BI | Snowflake | Pyramid Analytics | Advanced Excel | Alteryx

Refinitiv

Senior Manager - Finance

October 2018 - January 2021 (2 years 4 months)

Bengaluru

Responsible for delivering analytics and finance partnering support to Business Finance teams and Group FP&A — bridging data, insight, and commercial decision-making across a rapidly evolving organisation.

• Co-developed the Early Look Model for GTM Americas, significantly improving baseline revenue forecasting accuracy and forward visibility for commercial leadership

• Provided critical data, analytics, and decision support to M&A teams and external consultants during the $27B LSEG–Refinitiv integration — drawing on multiple data sources to meet due diligence and regulatory needs

• Drove enterprise-wide deployment of Pyramid Analytics as the primary CoE user and internal champion — from proof of concept through full rollout, creating artefacts, enabling colleagues, and providing SME support to teams across the organisation 

• Championed Alteryx and QlikView automation, reducing manual effort across recurring FP&A processes and improving analytical turnaround

• Led Whitespace Analysis for S&AM regions, identifying untapped market segments and growth opportunities to inform commercial strategy

• Directed GBP reporting conversion and currency transition from USD to GBP, overseeing UAT and ensuring reporting continuity throughout

Key tools: Pyramid Analytics | Alteryx | QlikView | Power BI |Tableau| Advanced Excel

Thomson Reuters

14 years

Senior Manager - FP&A CoE

April 2015 - October 2018 (3 years 7 months)

Bangalore

Key Profile: Led global FP&A service delivery, business intelligence transformation, and performance reporting initiatives across multi-billion-dollar revenue portfolios, strengthening executive visibility and commercial decisionsupport.

Key Achievements & Impact:

• Partnered with global finance and business leadership to design and institutionalize a standardized KPI framework, delivering executive management packs that enhanced transparency across revenue, Opex, and Capex drivers.  

• Managed the sales reporting transition for a $200M revenue division, ensuring continuity, reporting accuracy, and alignment with evolving commercial structures. 

• Spearheaded OBIEE migration and BI centralization strategy, consolidating disparate reporting systems into a unified platform; led requirements gathering, dashboard standardization, customization, UAT, and stakeholder sign-offs.

• Led executive financial review reporting, developing structured performance dashboards focused on operational efficiency, cost optimization, and capital allocation insights.

• Directed the Price-to-Billing reporting transformation (~$5.2Bn revenue scope), transitioning reporting from billing currency to pricing currency across Tesseract and Enterprise Data Warehouse (EDW) systems, ensuring end-to end data integrity and system integration.

• Represented FP&A CoE in Refinitiv demerger from Thomson Reuters), leading the Management Reporting workstream; conducted comprehensive readiness assessments of the reporting landscape and delivered a seamless transition with minimal business disruption.

Various Progressive Roles up to Manager - Finance, Thomson

Financial / Thomson Reuters

November 2004 - March 2015 (10 years 5 months)

Bengaluru, Karnataka, India

Ten years of progressive growth from Senior Executive to Manager, building deep expertise in FP&A, financial control, revenue reporting, and commercial analytics within a global financial information services organisation.

• Built complex, org-agnostic revenue reporting frameworks in partnership with Global Revenue Assurance — creating a single source of truth for ~$4Bn revenue that remained stable through product and structural changes

• Developed a cost-to-revenue methodology for telecom vendor billing, enabling the business to identify low-contribution customers and inform decisions on migrating them to hosted platforms — initiative originated from recognising a gap in existing Access-based reporting

• Designed and implemented operational spend and Capex tracking frameworks to strengthen vendor payment governance and cost control — part of a team recognised with the TF Global Gold Award for excellence in financial management

• Provided data and analytical support to the Anti-Trust Defence project team during the Thomson Reuters merger integration, supporting legal, regulatory, and compliance requirements

• Delivered Executive Financial Review management packs and analytics in collaboration with Decision Support teams, providing leadership visibility into performance drivers

• Managed monthly forecasting and annual planning cycles for India operations, aligned to global targets and planning timelines

Key tools: Advanced Excel | MS Access | Cognos | SAP R/3 |Business Explorer | Proclarity

KPMG

Research Associate

April 2003 - March 2004 (1 year)

Bangalore

Early career grounding in risk-based process reviews and internal audit across multiple industries — some assignments carried independently from end to end.

• Conducted risk-based process reviews for clients in metals, logistics, and courier industries — identifying operational inefficiencies and recommending risk mitigation measures to improve financial and operational performance

• Held independent charge of physical stock verification and monthly MIS review for a metals industry client

• Assessed internal controls, documented process gaps, and presented findings to engagement leads

• Qualified Management Accountant (ACMA) - Institute of Cost Accountants of India (ICAI/ICWAI) (2004)
• CA - Intermediate (Semi Qualified Chartered Accountant), Institute of Chartered Accountants of India (2001)
• Bachelor of Commerce (B.Com.) - Accounting & Finance, Kuvempu University (1997)   
• Financial Modelling & Valuation Analyst (FMVA) - Corporate Financial Institute (Pursuing)