Santosh Rajan Nair

Hi Team,

I hope you’re doing well!

I’m interested in the role you posted: Regional IT Finance Manager. Based on my experience as Senior Service Line Manager- Software, IBM Cloud & ANZ CTO -PMP®, I hold multiple roles in current company and my previous company _IBM, detailed experience is updated in attached CV, kindly please check and let me know if any clarification.

I believe I could be a good fit. Are you open to a quick chat to discuss the position? I’d love to learn more about it and share more about my own qualifications. I look forward to hearing from you.

Best regards, 

Santosh Rajan Nair 

+91 95350 65612

Kyndryl Solution Pvt Ltd- India 

Sr Service Line Leader-IBM Cloud, Software & Cost Take Out (CTO) -Cost Efficiency     

Sept 01st,2021 till date       

• Cost Efficiency/Infrastructure Management Vended Service includes Software, Network, Maintenance, Facility, Hardware. As cost efficiency leader I validate Software request per attached source documentation and validate the client approvals with spending guidelines. The Software budget is $1.89B. As IBM Cloud Manager validate the IBM bills per usage of Software by Kyndryl resources and approve or raise dispute per agreement criteria.  The reportee provide me the inputs and share same to WW leaders per charges received from IBM. Assist in the preparation of monthly management information reports that provide senior management with an understanding of the infrastructure/application costs to facilitate decision making, including monthly variance analysis, key driver metric analysis, and measurement of performance trends. Perform annual operational planning process (budget) along with variance analysis for management review.
• Prepare quarterly accounts for consolidated Group including BS and Cash flow including variance analysis, Streamline worldwide reporting, Responsible for the month end financial reporting from foreign group companies including regular contact with overseas finance teams and analysis of the results,
• Monthly balance sheet control and reconciliations and ongoing reviews of all internal accounting controls, Full responsibility for statutory accounts for all Worldwide companies, worldwide consolidated accounts and year-end audit management and liaison with external auditors as necessary, Preparation of annual budgets and 5-year strategy plan with all sites and at worldwide Group level,
• Manage staff in the Finance Department, including monitoring their work, setting targets, carrying out regular appraisals and proper training.
• Enhance the overall infrastructure/application costing environment, utilizing next generation technologies to ensure process efficiency and transformation savings, Compile ad-hoc reporting and complete special projects as assigned. Assist in building a culture of continuous improvement - critically examine and assess existing financial analysis practices and suggest improvements wherever necessary. Work closely with relevant accounting teams to identify and implement process improvements and monitor spending across Employee Compensation accounts.
• Required to participate in or conduct a wide range of accounting and financial analyses on critical and complex issues which may include variance analysis, forecasts, budgeting, cost control and accounting transactions. Perform annual operational planning process (budget) along with variance analysis for management review, 
• CTO-Cost Take Out -ANZ CTO to provide savings to Global based on the inputs shared by Cost efficiency team per their respective service line, I validate the savings per CTO Guidelines and share to Global post approval from CFO. 
• Analyze and document business/functional processes and requirements using standard analysis methodologies and tools. Identify project delivery issues and risks, assist with mitigation strategies, and escalate where necessary. Work closely with stakeholders and change management to identify impacts to business processes as a result of system or application changes
• Review with CFO and Director on CTO and IBM cloud initiatives weekly to highlights performance update from service lines. As a Project Manager for IBM Cloud Project to clear all the dispute on all software usage per agreement from Global. Revalidating the agreement and billing strategy to incorporate the discounts and other offers as agreed in agreement.
• Currently working on CTO and Cloud Digital transformation to reduce existing process and streamline the legacy system by incorporating digital process or projects to help team to perform better. The CTO updates need to stabilize the format and Cloud invoicing transformation.
• IMV Software/Hardware-Maintenance Strategy & Optimization Specialists will have the knowledge and expertise to minimize the cost to GTS of Software/hardware-maintenance for capitalized Hardware Software such as Servers, Storage, Software renewals, Patches and Networks while ensuring that the Service Level Commitments with customers are met.
• Working with Procurement to put in place the optimal 3rd party Software / hardware-maintenance solution for anything which cannot be performed economically by TSS, identifying individual machines which are unusually expensive to maintain and initiating action to replace them ensuring no coverage gap when OEM machines go off warranty.
• The Source request includes new Software request or the renewal of existing software request for approval. The asset management team will share the required documents for approval. Configured Trust relationship pathway between ANZ Software Management team i.e Westpac, NAB .
• Recognized with appreciations and awards from PM's, DPE and SDM's and also from the Client as Service Line Leader. People management of 4 technical support team, manage & motivate teammates by coaching, and career development, ensure training sessions and proper tools are in place to support the team and the processes. Supervise & review performance of individuals in the team      
•  

IBM India Pvt Ltd- India

Financial Advisor & Planning leader- GRE Global Real Estate                          Jun 01, 2020, till Sept 01, 2021

• Currently associated with IBM India Pvt. Ltd. as an TBA – Finance and Planning for GRE-Global Real Estate. (xGRE-KOREA- Finance Planner, xGRE-ISA Capex, R&M -Repair & Maintenance). Hands-on experience in Transitioning, Forecasting and Budgeting, GL Reconciliation, MIS Reporting and Quality Initiatives.
• Strong analytical & organizational abilities with adeptness in formulating accounting systems, preparing accounting records and financial reports. Capital Forecast, Capital Expenditure & Forecasting of Depreciation monthly, Co-ordination with WPS (Workplace Solution), Site Operation (SO)& Energy team, MIS team for Capital Forecast, Utilization & Capital Expenditure. Also, we work with GFA team to know the expected capitalization & depreciation forecast in the respective quarter.
• Tracking Capital requirement to track name of the project, Work on FAR -Fixed Asset Register to client, sharing the inputs on each building asset. Tracking of Actuals & comparison with forecast & preparation of Bridges QTQ, FTB, FTF. R&M -Prepare Monthly Forecast & Variance Analysis (FTF, YTY, FTB, QTQ), To accrue completed project timely by work completion percentage in accordance to accounting guidelines. Fall Plan/ Budget- Historical details with July, Aug, Sep, next year Feb fixed budget and Lease Action, Depreciation, Contract Rent, Headcount forecast is required to finalize on FCP.
• Prepare quarterly accounts for consolidated Group including BS and Cash flow including variance analysis, Streamline worldwide reporting, Responsible for the month end financial reporting from foreign group companies including regular contact with overseas finance teams and analysis of the results,
• Full responsibility for statutory accounts for all Worldwide companies, worldwide consolidated accounts and year-end audit management and liaison with external auditors as necessary, Preparation of annual budgets and 5-year strategy plan with all sites and at worldwide Group level,
• Manage staff in the Finance Department, including monitoring their work, setting targets, carrying out regular appraisals and leadership training program.
• Responsible to track all costs of the department and recover the same from different stakeholder / funding teams. Analyze all the expenses per the ledger at a regular interval and report the same once the ledger is finalized after month/quarter close with over/under analysis.
• Responsible for Communication and Financial Reporting to Internal and External stakeholders including reporting of progress reports, Financial Analyses (Variance Analysis, Forecasts / Cost projections) .Review and finalize monthly project reports and perform reasonability analyses of the financial status along with the status of progress of the study, analyze, investigate and document variances, prepare any correction entries or entries required to merge McMaster activity for consolidated reporting
• Collect, analyze, interpret, and structure financial information to create required financial reports for departmental or project specific reporting requirements.
• Informal leader and Subject Matter Expert (SME) to Financial Analysts and determine staffing requirements and workload. Provide feedback, guidance, and mentorship to financial analysts.

TSS-Financial Planning & Consolidation Lead                                       Jun 01st 2019 to May 31st, 2020

• To lead and consolidate 5 markets inputs i.e., ANZ, ASE5, SIN, ISA & KOR, either by any business performance analysis, including actuals, margins, analysis, trends, projection, YtY and QtQ, root cause analysis and restatements
• WD roll up - I&E Updation, in WDs the Market inputs related to InE numbers will be updated in Standard TSS InE Template daily from WD1-WD5.i, e WDs performance and Compliance report on journal entries. TSS business performance analysis for future periods, including dependence actions to achieve targets and budget, including monthly forecast, skew process for any I&E category.
• Support the Finance Manager in the development of central operational budgets as well as assisting junior financial analysts with study budgets and payment schedules. Coordinate the progress of study from project teams and completing the advance request in a timely manner to meet our contractual payment obligations and properly submit request for advance payments is critical for cash flow management activities. Consolidation of Sub-Unit revenue, customer wise report & GP assessments, risks & upsides. Elemental Spend target related to Strategic Spring Plan, including meetings, plan approvals and splits by Units and I&E, between GEO/Markets/Subunits/Customer Set/Channel/Offering Code.  
• Elementals spend by markets will share their commit numbers 3 times which will be updated, also during cost review call the commit numbers, GM View and SOR view will be finalized. 
• Labor Rate -Consolidation by yearly, Lenovo report, GTSWW report, Revenue reports by AIW pull i.e. Cognos and QMF tool. SDFDM Queries / Logo MVS Tracker updation. Closing Calls with Markets to review closing status (WD1 - WD5), Analysis on actual market trends by YTY, QTD & QTQ by RCA. Elemental Fall Plan - Plan approvals, preparing aspiration revenue - interlock with BU leader, preparing input for Fall Plan deck – Budget, waterfall, revenue trends, key plays actuals trend etc, Attending country budget deployment interlock calls with BU leaders

Trusted Business Finance Head-Marketing Service Centre            Jun 15th, 2016, to May 31st, 2019

• TBA – Finance and Planning for MSC-Marketing Service Centre. (xGMC-Global Marketing Centre, xDC-Digital Centre, xMFR). Analyze all the expenses per the ledger at a regular interval and report the same once the ledger is finalized after month/quarter close with over/under analysis. Responsible to prepare the Monthly, Quarterly forecast & analysis for the variance between forecast and actuals and present the same to the business leaders. Responsible to provide the final approvals as a Business Finance for each discretionary expense before spending it by the business.
• Responsible to prepare the Rate Card (Dept. Budget) & Fall Plan and provide the required support to the business operations team to present the same to the business leaders. Other activities include set up the ICA’s, journal process, approval of bond carts & billing etc. Business Finance support to Global Marketing Centre, Digital Centre & MFR Team, over 600 HC
• Conducting Variance Analysis/Bridging on Actual v/s forecast, Advising accounting on monthly closing entries, monthly expense accruals, expense and overhead allocations, Balance sheet. Looking after Expense/Spend forecasting – GFE (Gross Functional Expense) Analysis, which includes forecasting for all expenses incurred by the department Management reporting on a weekly, monthly & quarterly basis. Coordinating and assisting with month end closing process, including timely and accurate preparation of journal entries.
• Being responsible for complete monthly financial reporting & close processes of various entities. Leading & developing management reporting to international business. Preparing budgets & forecasts and monitoring these effectively.
• Owning quarterly / annual financial reporting including Statutory, Tax & Compliance requirements. Providing Treasury management and cashflow forecasting. Delivering financial projects (e.g. development of KPIs / analysis, integration of new acquisitions).
• Preparing monthly executive presentation that highlights the key drivers of expense variances vs. the budget, prior forecast and prior months, Compliance reporting to VP. Maintaining high discipline and norm adherence, coordinating with superiors for cross trainees and innovative suggestions to improve operational functioning. 
• Provide leadership and continuous development to staff under direction, with management of recruitment, and performance evaluation. Establish key performance indicators to monitor effort, drive efficiency, and manage performance. Drive the use of data analytics to identify opportunities for improvement and enhance key business processes. Ensure the integrity and accuracy of financial data with timely daily, monthly, quarterly, year-end close management as assigned. 

Financial Planning & Consolidation-Singapore Assignee           Aug 21st, 2014, to Jun 14th, 2016

• Heading Central Planning Cell for IBM Singapore by Planning and Consolidating the Headcount cost by Elemental break up Analysis. Managing Top Executives and VP level Assignee’s cost planning and forecasting who tagged to my Dept. which I handle. Maintaining end to end track by allocation for each Headcount as per there costing Analysis.
• Being responsible for complete monthly financial reporting & close processes of various entities. Leading & developing management reporting to international business. Preparing budgets & forecasts and monitoring these effectively. Conducting Variance Analysis/Bridging on Actual v/s forecast, Advising accounting on monthly closing entries, monthly expense accruals, expense and overhead allocations
• Directly heading the AP Financials for 38+ FTE. Fall Plan, Recovery/billing & managing over/under, its analysis and allocation to Singapore Country. Monthly Detailed Operations report and cost by elemental for AP region with summary and Metrics measuring Project Management Reviews, Customer Satisfaction, Headcount (Ramp, Fulfilment, Utilizations, Attrition), Space Utilizations and Financials (Overall, Project-wise & Competency wise).
• Weekly and monthly reports of cost benefit analysis for the stake holders to CFO and Financial Controller for all the validations. Associated with Project Lean Team – for new Ideas and project management to FnP process. Helping by creating or validation to financial benefits. People management to 32 FTE on IT/Facility/Technical/Process Knowledge/Six Sigma and Project support. Managing team building activities on organizing fun activities and co-curricular activity. 

Financial Planning & Consolidation-GTS                                                         Aug 01st 2012 to Aug 21st, 2014

• Submitting ICAs in the tool based on AP GTS ASEAN approved budget and confirmation from AP GTS ASEAN Planners and Functional owners. Periodic reports to Finance requestor on Active ICA and amount remaining. Recovering costs based on confirmation from AP GTS ASEAN Planners / Functional owners by Inter-co Service Billing (ISB). Creating and updating AP GTS ASEAN (GTS / ITD) departments including allocation tables (based on confirmation from AP GTS ASEAN planners)
• Create / extend / update Account ids in PACT system based on confirmation from ASEAN GTS Planners. Quarterly review of expired Internal PACT IDs and drive it to closure. Passing Journal Entries and Approving Bond carts based on project / accounting information, Approval of APU is based on Invoice raised (support document) and Country FA approval Approving.
• Preparing budgets & forecasts and monitoring these effectively. Conducting Variance Analysis/Bridging on Actual v/s forecast, Advising accounting on monthly closing entries, monthly expense accruals, expense .

Financial Analyst-Global AP Payables                                                                Jan 31st, 2010 to Aug 01st, 2012

• Managing offshore F&A operations for a leading Cooling and refrigeration Company Carrier. Off-shore transition of Accounts payable OVERHEADS. To identify suppliers by Internal Revenue Service’s definition that is required to report their annual reportable income to the IRS and to provide Carrier with this information for yearend.
• To identify or to modify a record that is potential 1099. Run monthly tie-out report to ensure that all reportable documents have correct dollars amounts and withholding codes. Any payment for service performed within the US is considered part of the 1042 base amount, while all payments for goods, expenses, and services that were performed outside of the US are 1042 exempt amounts
• To identify newly created or updated supplier records that are potential 1042 supplier’s foreign vendors other than US and to determines if the invoice is reportable (by verifying service performed in US or Outside US. Daily reportable supplier is “blocked for payment” until the proper tax forms are received from the supplier. Process management for Accounts Payable Overheads, PO, Non-PO based entities, Query Management, P2P (procure-to-pay) accounting cycle management via SAP.
• Monthly Account Reconciliation by sending clear inputs to clients on Tax and payments. Analysis of Creditors Reports weekly as well as trend analysis of volumes and forecasting. Payment handling for the Creditors end to end on a weekly basis. 

Account Receivables (Jan’10-Dec’11)

• Process management of a team of associates for Accounts Receivables accounting cycle management for a Global Accounts Payable. Debtor’s collections Monitoring and increasing the debtor’s collections, Cash management (Both Allocated and Unallocated). Continuous review and monitoring of the trend of the debtors. Aged Debtors Analysis and Cash Forecasting for the receivables.

2007-   BSC (Bachelor of Science) from Dharwad University

2014-   MBA- Finance & Marketing from CH Charan Singh University-Meerut

2019-   MSC- Physics from Kuvempu University-Karnataka.