AVANTHI DEVARAPALLI
Plano,Texas
Summary
With a wealth of experience in budget management, financial analysis, and strategic planning, have a demonstrated history of success. Proficient in crafting comprehensive budgets, performing detailed financial analysis, and implementing effective cost-saving measures to enhance overall financial performance. Forward-thinking team leader skilled at operating departments efficiently to meet goals. Successful background matching employees with roles for maximum performance. Proactive and hardworking individual focused on continuous operational improvement.
Overview
5
5
years of professional experience
Work History
Finance Manager
Samsung Electronics America
Plano, TX
10.2022 - Current
- Lead successful marketing pitches and promotional budgeting for B2B customers, collaborating with inter organizational teams
- Tracking budget performance, analyzing variances, claims and recommending possible promotions for improving financial performance
- Manage sales operations, contract negotiations, and claims settlement for some national and regional customers of SAMSUNG
- Coordinate with regional directors and vice presidents to annual budgets and projections for MARKETING FUND
- Oversee team of 6, responsible for claims submission for different clients
- Prepare ad-hoc analysis and financial models for new projects or initiatives
- Assist with annual budgets, forecasts, and cash flow forecasting
- Proficient in Advanced Excel, ERP, SAP, Oracle NetSuite, Power BI, and in-house applications like NERP, SOURCES, T-CODE etc
- Ensure timely receipt of deliverables and validate received data through proactive coordination with reporting groups
- Successfully managed promotion budgeting for key sales events including Thanksgiving, Prime Day, and other promotional campaigns, consistently driving sales growth and surpassing targets for different vendors.
- Spearheaded expansion strategies to increase business market share
Senior Financial Analyst
FinacPlus
Arlington, TX
05.2021 - 09.2022
- Conduct financial statement analysis of S&P 500 companies, including analysis of 10K and 10Q statements.
- Retrieve data from sec.gov and import it into prescribed formats for analysis using MS Excel.
- Guide and mentor new trainees in financial statement analysis according to US GAAP standards.
- Lead cross-functional teams to meet customer and consumer needs.
- Develop and deliver presentations to finance teams using various tools.
- Collate and format data from different teams within organization for client download via ERP.
- Coordinate with prospective customers and internal teams to understand client requirements.
FINANCE MANAGER
IDFC FIRST BANK
10.2018 - 05.2021
- Acted as one-point contact for corporate retail business clients, maintaining relationships with high-turnover clients
- Conducted credit analysis, controlled attrition rates, managed delinquency, and facilitated new dealer empanelment
- Established and managed loan center, achieving high turnover and collaborating with other teams to meet targets
- Adapted to changing scenarios during pandemic, making timely decisions and earning recognition
- Worked closely with different teams to understand client needs and reduce risk
- Emphasized payment solutions and revenue generation for corporate clients
- Infrastructure development loans and retails loans by tapping unsecured loans based on Address proof and Identity proof and promoting digitalization in rural India.
- Working on Credit policies and Collection agency allocations for Smooth running of business
- Establishing Customer care kiosks for retail loans which are less than 2L and monitoring Branding of organization aligning with our mission statement “CUSTOMER FIRST”
- Promoting and establishing Annual Marketing campaigns with organizations like Reliance, Samsung, IFB, HP, etc.
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Created organizational structures to improve accounting and finance functions.
FINANCE MANAGER
ICICI BANK
05.2018 - 10.2018
- Recognized and tracked customer needs and spending patterns
- Analyzed financial statements and assessed creditworthiness of corporate clients
- Collaborated with different teams to address client needs
- Maintained relationships with corporate clients and monitored credit scores and ratios
- Focused on payment solutions and relationship management for corporate clients
- Identifying and analyzing the trends in payments to offer better payment solutions for our customers
- Digitalizing the payments in unorganized sectors like Real estate, Production houses and restaurants.
Education
MBA - Business Administration
Institute of Public Enterprise
HYDERABAD,INDIABBA - Finance
Acharya Nagarjuna University
HYDERABAD,INDIASkills
- Financial Statements Analysis
- Credit Analysis
- Promotion Planning and Budgeting
- Post Audit Claims and Transaction Analysis
- Budget Management
- Campaign Budgeting for Promotions
- Loan Disbursements
- MS Office (Word, Excel, PowerPoint)
- Salesforce Admin
- Power BI
- Forecast and Risk Analysis
- Account Reconciliation
- Team Learning and Management
- Financial Forecasting
- Customer Service
Timeline
Finance Manager
Samsung Electronics America
10.2022 - Current
Senior Financial Analyst
FinacPlus
05.2021 - 09.2022
FINANCE MANAGER
IDFC FIRST BANK
10.2018 - 05.2021
FINANCE MANAGER
ICICI BANK
05.2018 - 10.2018
MBA - Business Administration
Institute of Public Enterprise
BBA - Finance
Acharya Nagarjuna University