Vikesh Kumar

Financial Leadership & Strategic Oversight: Spearhead accounting and finance functions for a $200M business unit, overseeing operational accounting processes for Shared Health Digital Services. Develop and implement financial models, performance metrics, and strategic analyses to drive business growth, operational efficiency, and cost control.

Budgeting, Reporting & Risk Management: Lead budgeting, month-end close, and financial reporting for multiple Shared Health business segments. Provide strategic financial advisory to senior leadership and government stakeholders, ensuring timely and accurate reporting. Monitor financial risks and support corporate governance through briefing notes and Annual Operating Plans (AOPs).

Audit & Compliance: Ensure compliance with internal and statutory audit requirements, addressing queries and resolving discrepancies efficiently.

• Project Accounting & IFRS Compliance: Collaborated with engineering teams to review project proposals, ensuring proper accounting treatment in line with IFRS and company policies, and set up in SAP.
• Capital Expenditure Oversight: Managed multi-million-dollar asset creations and retirements, overseeing asset accounting and accurate capital spend reporting.
• Financial Reporting & Analysis: Prepared, analyzed, and presented monthly, quarterly, and annual project spend, providing actionable insights for stakeholders.
• Journal Entries & Account Reconciliation: Led the preparation of journal entries and performed monthly reconciliations for key balance sheet accounts, ensuring accuracy in financial reporting.
• Internal Controls & Compliance: Ensured adherence to SOX requirements and internal controls during financial data generation and reporting processes.
• Accounting Policy & Process Improvement: Addressed complex accounting issues, collaborated with accounting policy teams, and implemented process improvements to enhance financial operations.
• Cross-functional Collaboration: Built strong relationships between finance and project teams to drive seamless communication and alignment with business objectives.

• Financial Reporting & Analysis: Managed the timely and accurate completion of annual, monthly, and quarterly financial reports for two corporate entities with $400M in operational expenses. Provided variance explanations and root cause analysis to Senior Leadership and Business Owners.
• Business Planning & Forecasting: Led the annual business planning process, including forecasts and actuals reporting using SAP and BPC. Managed the financial performance of a $200M locomotive fleet and $100M wheel manufacturing portfolio.
• Costing & Budgeting Oversight: Oversaw standard costing and accounting operations for a wheel manufacturing facility, from cost calculation to SAP release. Finalized labor and overhead budgets, and managed the $200M annual operational plan and budgeting for a Weston production site.
• Financial Modeling & Transfer Pricing: Developed transfer pricing models and solutions for in-house locomotive and wheel production, aligning financial processes with business operations.
• Month-End & Year-End Closing: Directed month-end financial closings, ensuring accurate reporting and standard costing, while also managing complex account reconciliations and sign-offs for multiple entities.
• Variance & Performance Analysis: Delivered monthly and quarterly financial results to Senior Finance Leadership, including YoY, forecast, and budget comparisons with variance analysis.
• Production & Cost Optimization: Assisted management in minimizing production variances, provided analysis on production cost drivers, and performed ad-hoc analyses on the impact of production changes on product costs.

• Financial Analysis & Reporting: Led monthly site accounting, financial reporting, variance analysis, and provided key insights to management for decision-making. Supported manufacturing teams with yield reports and analytics to drive performance and optimize margins.
• Budgeting & Forecasting: Oversaw the development and management of standard costing , transfer pricing , labor, and overhead rate budgets and forecasts, ensuring accurate upload and release in SAP.
• Annual Operating Plan (AOP): Collaborated with site leadership to prepare the Annual Operating Plan (AOP) , providing strategic insights on key value drivers and supporting both short- and long-term goal alignment.
• Process Improvement & Yield Management: Worked closely with engineering and production teams to streamline processes, improve yield, and address discrepancies. Led initiatives to set standards for the next fiscal year, driving continuous improvement.
• New Product & Investment Analysis: Led new product analysis, including SKU P&Ls, cost analysis, and portfolio/customer fit evaluations. Prepared and executed investment analyses, collaborating with cross-functional teams.
• P&L Reporting & Month-End Closing: Managed weekly and monthly P&L reporting, leading the month-end closing process and ensuring timely and accurate financial results.

• Team Leadership: Supervised a team of 5 accountants handling invoicing , accounts payable , and accounts receivable , ensuring accurate financial processing and reporting.
• Working Capital & Cash Flow Management: Accountable for working capital management and cash flow forecasting , performing monthly comparative analysis between actuals and projections to optimize liquidity.
• Pricing & Margin Reporting: Oversaw pricing strategies , costing , and margin reporting , providing insights into profitability and cost management.
• Treasury & Forex Management: Managed treasury operations , including remittances , cash flow management , and sourcing foreign exchange from multiple financial institutions, maintaining relationships with Zenith , FCMB , and others.
• Strategic Financial Reporting: Created and presented branch profitability reports to leadership, supporting strategic decision-making on pricing and operational performance.
• Month-End Closing & Financial Analysis: Led month-end closing , providing root cause analysis and presenting financial results to management, aligning operations with organizational objectives.
• Sales & Marketing Support: Supported sales and marketing teams with initiative analysis and quarterly pricing promotions , driving business growth.

• SAP ERP Implementation: Led the Finance module implementation for SAP ERP , overseeing integration between Material , Production , and Finance modules. Assisted in user requirements gathering , system integration , and testing between SAP FI and PP modules.
• Cost Accounting & MIS Reporting: Prepared cost accounting sheets and monthly MIS data for production units, ensuring accurate financial reporting and decision support for production teams.
• Product Costing & BOM Management: Oversaw product costing and the booking of components and BOM in the SAP system, ensuring proper inventory and cost control.
• Accounts Payable Management: Managed the full cycle of Accounts Payable in a high-volume, fast-paced environment, ensuring accurate processing of MIGO , MIRO , employee expenses , and production/consumption entries in SAP.
• Vendor Management & Reconciliation: Verified, processed, and assembled invoices in SAP for manager approval. Coordinated with the Sourcing Team to resolve vendor queries , manage vendor reconciliations , and ensure timely payments.
• Awards & Recognition: Received the Best Analyst on Site Award for outstanding performance and was promoted to the Internal Audit Team due to exemplary contributions to financial operations and ERP implementation.