Manager Management

SRINIVAS TIRUMALASETTI Cell: (***) ***-

****

**** ***** ***** ***, ****** Mills, MD 21117 ab83n3@r.postjobfree.com

DIRECTOR OF FINANCE

EXECUTIVE PROFILE

Driven finance executive with an extensive background in Financial Planning/Budgeting, Reporting

Forecasting and Finance Process Reengineering. Demonstrated track record in business strategy and

consistently achieving financial performance goals. Hands-on expert problem solver, who can rapidly

resolve cross functional issues, formulate strategic plans and implement change with benefit to the

Company’s bottom line. Solid reputation for managing multiple assignments efficiently under

pressure while meeting tight deadlines. Accomplished Manager, with exceptional interpersonal and

communicational skills, demonstrated leadership among managerial and departmental subordinates.

EDUCATION AND TRAINING

Master of Business Administration, Finance, Loyola University, Maryland GPA 3.8/4

Master of Science, Accounting, University of Madras, India

Bachelor of Science, Accounting, Nagarjuna University, India

Certificate Course in Computer Applications, India

Training Attended: Exercising influence, diversity skills for on-going success, total quality

management and introducing Citibank quality.

TECHNICAL

Microsoft Office PowerPoint, Excel and Word. COGNOS, PeopleSoft, Hyperion Essbase, Oracle

Procure to Pay, Citigroup Systems - SMART, PEARL, FRS, CIGICS (Shared Services billing system)

CORE COMPETENCIES

• Financial Planning • Business Strategy

• Budgeting, Forecasting and Reporting • Onshore/Offshore Execution Model

• Advisory and Consulting Services • Operations Leadership

• Efficiency Improvement • Program Management

• Finance Modelling • Operating Procedures

• Financial Analysis • Vendor Management

• Expense Management • Payroll Management

• Competitor Analysis • Ad-hoc Reporting

PROFESSIONAL EXPERIENCE

Biz Edge Inc. Baltimore, MD 2010 – Present

DIRECTOR OF FINANCE: Oversee the Company-wide financial functions and lead people for

success. Manage strategic, operational, audit matters, client profitability, revenue growth and

collections.

Provide advisory and consultation services to clients on economic information, implementing process

improvement solutions, financial alignment to organizational goals, improving internal financial

reporting, maintaining cost effective controls, strengthening performance management, budgeting,

forecasting, and month end closing and promote effective financial processes and procedures in the

financial service industry.

• Orchestrated meaningful staff reduction, restructured jobs, set up management, instituted

internal financial controls and negotiated rates with vendors

• Designed cost model frame work working in partnership with Information Technology teams

to derive project profitability

• Increased profitability while achieving a reduction in operating expenses

Citigroup Inc. – From 1999 to 2010

Citigroup Inc. New York, NY Institutional Clients Group- Global strategy and initiatives 2009–

2010

VICE PRESIDENT: Interfaced with finance team and built annual financial plan for centre of

excellence. Controlled operations group $100 million budgeting, forecasting, expense analysis, MIS

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SRINIVAS TIRUMALASETTI Cell: (443) 540-

4110

9401 Manor Forge Way, Owings Mills, MD 21117 ab83n3@r.postjobfree.com

analytics and month end closing process. Lead discussions with senior management focussing on

financial risks and opportunities. Managed accounts reconciliation and Citrix migration projects.

Provided strategic and the operational planning support to the department leaders. Generated ad- hoc

reports for management on new initiatives and special projects.

• Played instrumental role in crafting a framework to define strategic locations and a common

resource location strategy across the enterprise operations functions which will result in multi

million cost savings over the years

• Spearheaded the vendor billing process optimization project to improve efficiency, quality and

timeliness resulting in eliminating the bottlenecks and reduced the outstanding payment

waiting time from 90 days to 30 days

Citigroup Inc. Baltimore, MD CitiFinancial North America Consumer Finance 2008–2009

ASSOCIATE DIRECTOR Finance Planning and Analysis: Overall responsibility for organizing,

coordinating, finding risks and opportunities for $300 million information technology, collection and

operation groups annual budgeting and monthly/quarterly forecasting.

• Reengineered a new process to track all the projects that require capital expenditure proposals

resulting in cost avoidance and $10 million annual saves in revenue

• Instrumental in implementing inter-company charge-outs, service level agreements and billing

for the 3rd party servicing, saved annually $8 million for the company

• Prepared analysis, evaluation and analytical presentation of financial results for the month end

business reviews

Citigroup Inc. Baltimore, MD CitiFinancial North America Consumer Finance 2004–

2008

VICE PRESIDENT Finance Planning and Analysis: Prepared $200 million information technology

annual budgeting, monthly/quarterly forecasting, capital budgeting and month-end financial close.

Led monthly meetings with departmental heads and reviewed financial performance.

• Created competitor’s analysis to determine the Company’s competitive position, income

growth, net interest margin and receivables

• Supported departments in financial reporting, analysis, and achieving spending targets

• Identified Risks and opportunities between actual expenses and projected plan/forecast and

highlight them to the business heads

• Evaluated all the major projects to take decision on capitalizing software development cost –

FASB 86 Accounting standards

Citigroup Inc. New York, NY Citicorp Information Technology Inc.

2000–2004

MANAGER FINANCE AND OPERATIONS: Managed finance and operation functions of two

Citicorp overseas technology companies with $100 million in annual revenue. Contributed for

revenue growth, worked with internal businesses on head count allocation to projects and capacity

utilization

• Served as the point person to the corporate for Condi-cable, Quarterly Memo, Flash reporting,

profit and loss account, balance sheet, earnings report, head count matrix, annual budgeting,

quarterly forecasting and income tax package

• Overseeing technology services onshore/offshore execution model

• Overseeing Company’s administrative function for over 200 onsite employees

• Worked with Human resource/compliance in implementing new policies and procedures

PREVIOUS EMPLOYMENT IN OVERSEAS

1993–2000

• Manager Finance, Citigroup Inc. Citicorp Overseas Software Ltd., (India) 1999-

2000

• Branch Accountant, Enterprise Nexus Communications Pvt. Ltd., (India) 1997-

1998

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SRINIVAS TIRUMALASETTI Cell: (443) 540-

4110

9401 Manor Forge Way, Owings Mills, MD 21117 ab83n3@r.postjobfree.com

• Accounts Officer, Telesistem Pvt. Ltd., EasyCall group, (India) 1995-1997

• Senior Accounts Assistant, Dugar Finance India Limited, (India) 1993-

1995

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