Rakshitha Avk
Parlin,NJ
Summary
Finance Professional with around 9 years of solid industry experience in Financial Planning and Analysis in Revenue and Margin Reporting across global companies.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Stay at Home Mother
.
07.2019 - Current
- Spent time parenting and was awaiting my work permit (EAD) Now eager to return pursuing a full time career.
Deputy Manager - Financial Planning and Analysis (Revenue and Margin Reporting Team)
Vodafone Group Finance shared services
01.2016 - 06.2019
- Month end book closure, to facilitate understanding of monthly results against financial plan
- (Posting of adjustment entries amortization, accrual, deferrals etc.)
- Identifying unexpected variance month on month and present key stakeholders holders through clear and concise communication
- Third party cost analysis for contract resource and other projects and identifying corresponding revenue
- Analyzing causes of unexpected variance against projected forecast and Annual budget
- Preparation of bottom up Forecast every quarter, providing YoY and half yearly variance
- Preparation of Annual Budget for UK enterprise Customer, Accurate projection of churn, erosion seasonality projects and WIP & growth items
- Collaborate with cross-functional teams in conjunction with budgeting and forecasting process
- Discussing and validation of large projects and Work in progress trackers and sales forecasts
- Liaising and working with the UK Finance/commercial/Billing/Project, Management/Sales teams
- Regular interaction with Vertical manager in UK and updating him on any risk or opportunity to the numbers and assisting him on audit queries.
Financial Analyst- Financial Planning and Analysis
Lowe’s India
07.2015 - 01.2016
- Evaluate performance of stores, identify & analyze opportunities, and communicate recommendations to Merchant Directors and Vice Presidents
- Building partnerships with cross functional leaders Supporting product line reviews to identify products which are top sales driver and bottom performing items
- Review Sales and Margin for promotional offers on days like Thanksgiving, Halloween day and Black Friday etc
- Assessing vendor/brand performance and opportunities to negotiate with vendors for better Margin
- Provide meaningful commentary for Total company business performance results every Monday for the prior week ending for Sales, Margin, GMROI, Inventory turn ratio and Margin %
- Tracking Inventory on hand, In-stock % and Nonproductive inventory for stores in different location against Plan and Forecast and providing commentary for fluctuation
- Conducting ad-hoc analysis.
Senior Executive - Financial planning and Analysis (Revenue and Margin reporting team)
Vodafone Group
03.2012 - 06.2015
- Involved in Month end book closure, submitting reports with accuracy, posting of entries (accrual, amortization etc.) and meeting the deadline
- Third party cost analysis
- Analyzing causes of unexpected variance against projected forecast and budget
- Preparation of bottom up Forecast every quarter, providing forecast variance
- Preparation of Annual Budget for UK enterprise Customer, Accurate projection of churn, erosion seasonality projects and WIP items
- Discussing and validation of large projects and Work in progress trackers and sales forecasts
Market Content Analyst – Fundamental Department (Finance)
Thomson Reuters Pvt ltd.
06.2010 - 09.2011
- Collaborated with a team of 15 members ,responsible for the research carried out while studying the financial reports involving the fundamental analysis of the company requires a study of the three important financial statements, on the basis of the information provided, the investors judge the performance of particular company. The Main product which I had is named "Reuters Knowledge".
- Work flow process: The role required through analysis of the financial report of a company and fill the major data points which were required by the clients.
Education
Bachelor of Commerce - Finance , Accounting
Mount Carmel College
India 03.2010
Skills
- Budget Support
- Variance Analysis
- Data Analysis
- Report Preparation
- Budget Compliance
- Forecasting Trends
- Budgetary Planning
- Preparing Budgets
Certification
- CIMA - Level 1
- IFRS certification
Timeline
Stay at Home Mother
.
07.2019 - Current
Deputy Manager - Financial Planning and Analysis (Revenue and Margin Reporting Team)
Vodafone Group Finance shared services
01.2016 - 06.2019
Financial Analyst- Financial Planning and Analysis
Lowe’s India
07.2015 - 01.2016
Senior Executive - Financial planning and Analysis (Revenue and Margin reporting team)
Vodafone Group
03.2012 - 06.2015
Market Content Analyst – Fundamental Department (Finance)
Thomson Reuters Pvt ltd.
06.2010 - 09.2011
Bachelor of Commerce - Finance , Accounting
Mount Carmel College
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