Karthik Sathish
Senior Financial Analyst
Bangalore,Karnataka
Summary
A Highly driven and detail-oriented MBA finance professional seeking a responsible career opportunity to fully utilize my training and skills, while making a significant contribution to the success of the company.
Overview
7
7
years of post-secondary education
10
10
years of professional experience
Work History
Senior Executive
Collins Aerospace, Raytheon Technologies
09.2018 - Current
- Compiled and analysed non-product spend for business-unit headquarters.
- Allocated OH expenses of 16 global entities to proper HFM accounts.
- Developed SG&A expenses analysis for the business units and provide recommendations to the business unit directors.
- Performed monthly step-down analysis comparing business sales and margin actuals to prior year and quarter results.
- Analysed revenue projections by aerospace platform for various entities.
- Analysed relevant data for ad-hoc requests relating to intercompany transactions, shared services budgeting and productivity.
- Drove cash flow as the lead point of contact for cash collections.
- Point of contact for Airbus & Boeing factoring for multiple global sites.
- Responsible for reporting and driving Productivity and cost per hour for ten worldwide sites.
- Assisted in Standard costing updates for India sites.
- Performed Cycle Count verification for all the value streams on a monthly basis.
- Sales Reconciliation for the India sites and recording of Standard Prices in SAP.
- Purchase Price Variance Analysis for the multiple value streams and team meetings with the local site controllers.
Lead Assistant Manager
EXL Services, KPMG Global Services Pvt Ltd, Bangalore
12.2016 - 09.2018
- Pricing, Forecasting, and Budgeting.
- Lead for Profit Allocation activity between KPMG US, UK & International businesses.
- Using Spreadsheet and Access to analyse financial data, spot trends and developing forecasts.
- Assessing the financial data & trends thereby identifying key issues to maximise profits / minimise expenses.
- People development – Coordinating with different global teams and training them on various concepts of advisory stuff.
- Handled two different projects on Cost Optimization.
- Review financial statements of KPMG businesses like Risk Consulting, Management Consulting and Deal Advisory.
- Support finance transformation projects & Stakeholder Management.
Analyst
Accenture Service India Pvt Ltd - Client Financial Mgmt
02.2015 - 11.2016
- Working closely with Accenture’s software delivery teams in building the pricing models for the contract.
- Assisting the delivery teams in signing of ‘Statement of Work (SoW)’ with the client by recommending appropriate terms and conditions such as factors affecting revenue and cost.
- Analysing monthly performance of the client contract by comparing with the budgeted figures and identifying the key reasons for variance.
- The scope of analysis includes revenue and cost components (such as payroll cost, overheads, taxes etc.) to ultimately assess the variance in profitability.
- Collating accruals based on client invoices from the delivery teams based out of the client location.
- Finalizing the monthly revenue in SAP after making adjustments for working capital and other specified deductions pertaining to the contract.
- Forecasting revenue and cost based on inputs from the project leads at client location.
- Preparing management dashboard of the contract’s overall monthly performance in multiple views (SAP and operational) along with Year-to-date (YTD) and Contract-to-date (CTD) analysis.
- Presenting financial dashboard to the stake-holders of the contracts and answering their queries.
Accounting Specialist
Consero Solutions India Pvt Ltd
11.2010 - 11.2014
- Managed a team of five members and evaluated the performance appraisals of the team members for 5 cycles.
- Understand, identify various customer issues, requirements and clarifications as well as ensuring team responds to client queries within agreed turnaround time.
- Cash Application: receive checks and prepare for bank deposits.
- Review all credit balances, refunds, and adjustments, and apply adjustments and/or corrections to corporate billing records.
- Reconcile accounts receivables sub-ledger on a monthly basis.
- Confers with subordinates to resolve procedural problems in tracing sources of error.
- Ensuring Vendors are set up and serviced in a timely manner without errors.
- Liaising with Payment and processing teams to ensure bank/processing issues are resolved within deadlines.
- Providing reports like Vendor Aging Report, Vendor Open Invoice Report, Vendor Ledger, Vendor Invoice Payment Report etc.
- Assisting senior member in the Sales tax reconciliation.
- Post Accrual, Prepaid, Depreciation and Amortization Entries.
- Reconcile Deferred Revenue, Balance Sheet Reconciliation Schedules and Backlog reconciliation.
- Perform Revenue - Margin Analysis.
- Review P&L and Balance Sheet.
- Handle Month end close activities Awards and Recognition:.
- Received Partner Value Award for being the key driver for Boeing Factoring collections.
- Received Hi-fi Value Award & Best Team Award for client value creation.
- Received Core Value Award under the category - “Tenacious Client Support”.
- Received several appreciation emails from the US controller for process improvements.
Education
Master of Business Administration -
S.V.University
01.2007 - 01.2009
Bachelor of commerce - undefined
S.V. University
01.2004 - 01.2007
Intermediate - undefined
Board of Intermediate A.P
01.2002 - 01.2004
Secondary School of Certificate - undefined
Board of Secondary
Timeline
Senior Executive
Collins Aerospace, Raytheon Technologies
09.2018 - Current
Lead Assistant Manager
EXL Services, KPMG Global Services Pvt Ltd, Bangalore
12.2016 - 09.2018
Analyst
Accenture Service India Pvt Ltd - Client Financial Mgmt
02.2015 - 11.2016
Accounting Specialist
Consero Solutions India Pvt Ltd
11.2010 - 11.2014
Master of Business Administration -
S.V.University
01.2007 - 01.2009
Bachelor of commerce - undefined
S.V. University
01.2004 - 01.2007
Intermediate - undefined
Board of Intermediate A.P
01.2002 - 01.2004
Secondary School of Certificate - undefined
Board of Secondary
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