NAGENDRA BHAT

Results-driven finance professional with an exceptional ability to lead teams and manage multiple tasks, utilizing broad experience in financial strategies to maximize business outcomes. Dependable and highly focused with a keen attention to detail, ensuring efficient contract compliance and accurate audit procedures. Skilled in Business Plans, Scenario based Modelling, Valuation Models, Stakeholder Management, and Budgeting. Proficient in transforming complex data into clear, actionable analytics and strategic insights driving informed business decisions.

• Received promotion in first 2 years of joining across all the companies I had worked.
• Appreciation letter from CEO for controlling CAPEX budget & MIS for a project size of $4.6B
• Appreciation letter from Group Head and CFO for completion of adhoc tasks
• Established a robust Financial Planning & MIS Reporting framework.
• Designed the role wise profitability model; also, added this feature in the standard pricing model.
• Customized the pricing model or created standard pricing template, enhancing the FLC (Fully Loaded Cost) framework

• Elevance Health Inc., Ohio, Own the topline & prepare financial models for Carelon. Manage strategic planning including business modeling, target setting, topline guidance setting & prioritization of strategic initiatives., Oversee all financial analysis includes cost, pricing, and profitability analysis, identify areas for improvement, cost optimization, and revenue enhancement., Build and maintain strong, cross-functional relationships with senior leadership, bringing new thinking and ways of doing things to the function. As appropriate, including analyzing and pushing new metrics and performance indicators to help identify trends., Lead and present financial reports, forecasts, and analyses to the executive leadership team, Board of Directors, and other stakeholders, highlighting key financial trends, risks, and opportunities., In partnership with the delivery team, helping to shape up business strategy and priorities across the organization, subsequently driving accountability for execution and results., Developed an understanding of the business strategic priorities, resource and headcount needs; collaborate with leaders to execute and improve financial planning and budgeting on periodic basis., Generate and publish monthly management reports on financial performance by dept by tower. Provide cost center owners with detailed expense reports and trends compared with budgets and forecasts and work with them to ensure spend is within budgets., Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses, capital expenditures., Monitor performance indicators, highlighting trends and analyzing causes of unexpected variance., Lead and mentor a team of finance professionals, providing leadership, guidance, and performance feedback to optimize team performance and ensure the timely and accurate delivery of financial reports and analyses.
• Carelon Global Solutions India LLP., Bangalore, Own the topline & prepare financial models for Carelon. Manage strategic planning including business modeling, target setting, topline guidance setting & prioritization of strategic initiatives., Oversee all financial analysis includes cost, pricing, and profitability analysis, identify areas for improvement, cost optimization, and revenue enhancement., Build and maintain strong, cross-functional relationships with senior leadership, bringing new thinking and ways of doing things to the function. As appropriate, including analyzing and pushing new metrics and performance indicators to help identify trends., Lead and present financial reports, forecasts, and analyses to the executive leadership team, Board of Directors, and other stakeholders, highlighting key financial trends, risks, and opportunities., In partnership with the delivery team, helping to shape up business strategy and priorities across the organization, subsequently driving accountability for execution and results., Developed an understanding of the business strategic priorities, resource and headcount needs; collaborate with leaders to execute and improve financial planning and budgeting on periodic basis., Generate and publish monthly management reports on financial performance by dept by tower. Provide cost center owners with detailed expense reports and trends compared with budgets and forecasts and work with them to ensure spend is within budgets., Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses, capital expenditures., Monitor performance indicators, highlighting trends and analyzing causes of unexpected variance., Lead and mentor a team of finance professionals, providing leadership, guidance, and performance feedback to optimize team performance and ensure the timely and accurate delivery of financial reports and analyses.
• Mercedes Benz Research & Development., Bangalore, Shouldered the responsibilities of Central Controller for planning and forecasting with analysis & evaluation; conceptualized operational plans for revenue, costs, investments, and manpower utilization., Conducted pricing for the offshore & onsite rates; estimated the actual costs, investments, and manpower as per the plan to ensure that they are in line with the plan., Generated business cases by identifying potential cost savings to parent company by offshoring projects India; partnered with HQ to provide real time support & value add to assist in decision-making., Successfully managed various planning cycle stipulated timeliness and delivered comprehensive analysis to dept. HOD’s., Conferred with Star Team Award from CFO for building a Start Team in FC&A in 2016, Enhanced collaboration & communication within MBRDI Technical Teams and with controlling business partners through monthly reviews, Collaborated with the senior management team in improving and executing strategies and processes, accomplishing corporate goals and profitability for the company having turnover of €300 million with more than 4600 employees within 4 locations., Steered initiatives towards optimizing costs through strict controls, increased efficiencies and better alternatives which led to maintain constant pricing to parent company for 2 years., Automated the preparation of Monthly Management reports using Cognos (tool) that led to reduction in efforts.
• Gerdau Steel India Ltd., Bangalore, Responsible for the preparation and analysis of accurate financial statements and disclosures based on actual results., Consolidate, analyze, and report financials in compliance with reporting regulations & conduct the statutory audit., Administered long-term & short-term financial plan of $150 Million, forecast process with projected revenue and COGS, margin, EBITDA, free cash flow, working capital & EVA., Lead important projects that helped to improve the EBITDA, net income, working capital & CCC., Analyze, interpret, and develop commentary to apprise management with plan VS actual variances, problem areas and potential areas for improvement. Challenge the cost of production & sales prices for reasonableness.
• Coastal Gujarat Power Ltd. (100% Subsidiary of Tata Power Co. Ltd.), Gujarat, Prepared monthly statements by collecting data; analyzing and investigating variances; summarizing data and trends., Responds to financial inquiries by gathering, analyzing, summarizing, and interpreting data., Conducted study & evaluate budgetary implication for the new CAPEX & OPEX proposals; monitored & controlled approximately $4.6 billion CAPEX investments., Analyzed cost saving opportunities and assisted management by providing financial support and direction to budget owners., Monitored CAPEX and revenue expenditure plan in consultation with the Departmental Heads., Managed asset accounting involving capitalization of fixed assets by charging appropriate rate of depreciation.
• Reliance Capital Ltd. (Reliance Money Ltd.), Hubli

• Internal Committee Member of POSH
• Member of Employee Welfare Committee

• Bangalore
• Overseas

• Kannada
• Hindi
• English