Summary
Overview
Work History
Education
Training
Keyhighlights
Software
Languages
Interests
Timeline
Generic

Jyothi Sonti

Plainsboro,NJ

Summary

Accomplished Project Manager with a proven track record at Dow Jones, enhancing financial forecasting accuracy by 15% through strategic CAPEX and OPEX budgeting. Expert in QuickBooks and adept at cross-functional team leadership, I excel in driving projects to completion while ensuring cost efficiency and stakeholder alignment.

Overview

11
11
years of professional experience

Work History

Manager Financial Operations/Budget Analyst

Dow Jones
09.2022 - Current
  • Collaborated with finance, procurement, and engineering teams to develop detailed CAPEX budgets for projects
  • Managed cross-functional team collaboration to streamline the annual budgeting process, resulting in a 10% reduction in forecasting errors and a 15% increase in overall accuracy of financial projections
  • Worked cross-functionally with finance, sales, and operations teams to update rolling forecasts on a monthly basis, ensuring alignment across departments and improving decision-making processes
  • Led cross-functional team meetings to align on budget estimates for upcoming projects, resulting in a 5% decrease in overall project costs due to better cost estimation accuracy
  • Maintaining a database for 60 OPEX vendors for software licenses, collaborating with vendors, Technology Heads, and the internal sourcing team on renewals, Sows, and POs
  • Ensure the timely completion of all software renewals to prevent service interruptions, which are crucial and critical to business operations
  • Allocating CAPEX funds to various projects and departments as per the approved budget
  • Prepared weekly allocations for full-time resources under each project to maintain the monthly SOP for tracking their time against the capital expenditure ‘CAPEX’ budget, ensuring alignment with the annual budget assigned for each project
  • Oversaw financial aspects of specific projects, ensuring cost control, resource allocation, and budget adherence
  • Monitoring project financials reporting status and performance metrics to stakeholders

Manager of Financial Operations

APN Consulting Inc
12.2017 - 09.2022
  • Audited and reconciled payroll and distributions for 500 personnel weekly and biweekly, processed through ADP
  • Analyzed financial information related to incentive plan, capital projects, operating expenses, and professional service contracts to examine budget needs
  • Prepared monthly reconciliation of bank accounts and took corrective actions on deviations
  • Created CRS and Sows, sent them to clients, matched purchase orders with invoices, and logged the invoices into the system
  • Developed spreadsheet models and dashboards for various projects and analyzes, and consolidated financial data and materials for leadership meetings
  • Consistently processed biweekly and monthly invoicing for 300 invoices across multiple submission platforms, including SAP, Ariba, Novartis, and Tungsten
  • Processed wires and ACH and checks for 200 vendor payments

Lead Financial Analyst

Biogensys
05.2015 - 12.2017
  • Provided data-driven financial insights and recommendations to executive leadership for strategic planning, capital allocation and investment decisions
  • Worked closely with other departments, including operations, sales, and HR, to align financial plans with business objectives
  • Implemented an accounting system in QuickBooks by migrating data from Excel
  • Analyzed costs and expenses to identify areas for efficiency improvements and cost reduction
  • Prepared and presented accurate financial statements (income statement, balance sheet, cash flow statement) in compliance with accounting standards
  • Managed payroll for an organization of 300 personnel

Finance Executive

Finacle Soft Inc
09.2013 - 05.2015
  • Maintained accurate and up-to-date financial records, including general ledgers, accounts payable, and accounts receivable
  • Prepared and filed tax returns, ensuring compliance with local, state, and federal regulations
  • Performed regular reconciliations of bank statements and accounts to ensure accuracy and identify discrepancies
  • Supervised daily bookkeeping operations with attention to accounts receivable, accounts payable, banking reconciliation and disbursements

Education

Degree in Business Administration - Finance

Andhra University
12.1997

Training

  • CSM
  • Google Project Management (under training)
  • FMVA (under training)

Keyhighlights

  • Implemented QuickBooks for the first time in the company, migrating all data from different software systems.
  • Identified a critical issue with Accounts Receivable that the company was unaware of, regarding collections that were supposed to be received. Worked with the team to address the issue as a priority, successfully collecting the outstanding payments within a three-month period.

Software

Quickbooks

Tableau

SAP

Advanced Excel

Languages

Hindi
Native language
English
Advanced (C1)
C1

Interests

Data Analysis

Timeline

Manager Financial Operations/Budget Analyst

Dow Jones
09.2022 - Current

Manager of Financial Operations

APN Consulting Inc
12.2017 - 09.2022

Lead Financial Analyst

Biogensys
05.2015 - 12.2017

Finance Executive

Finacle Soft Inc
09.2013 - 05.2015

Degree in Business Administration - Finance

Andhra University

Similar Profiles

CREATE PROFILE
Jyothi Sonti