Human Resources Sales
Resume:
Satyan Agarwal, MBA
Columbia, Maryland 21045
Home: 410-***-**** Cell: 410-***-****
*************@*******.***
SUMMARY OF EXPERIENCE:
Hands-on Accounting Professional with 20+ years experience and a broad
background in government contracting. Experience includes in-depth
knowledge of CPFF, CPAF, FFP & T&M Contracts, DCAA Indirect & Direct Rates,
EVM, FAR, DFAR, CAS and DCAA Compliance. Also have experience with standard
cost in a project-based environment, IAS/IFRS, ERP/Financial systems
including DELTEK (System 1, GCS Premier, Time & Expense), MFGPro,
QuickBooks and COTS.
PROFESSIONAL EXPERIENCE:
Saft America, Inc. (www.saftbatteries.com )
Division is a $40-$45m specialty battery maker for Defense and Space
applications located in Maryland. Saft is a multi-national company,
headquartered in France and listed on the Paris stock exchange, with US
headquarters in Georgia. Saft operates plants in the US, Europe, Asia, and
Australia.
Controller
4/2006 - 7/2008 and 3/2009 - Present
Complex, matrix environment. Supervise a team of 9, including an Assistant
Controller, and the site's IT department. Responsible for all accounting
functions (billing, A/P, A/R, P/R, Job Costing, and GL), weekly cash flow
projections, revenue and liabilities, and for monthly, quarterly, semi-
annual and year-end closings. Maintain, reconcile and analyze GL, JE's,
month end closing, year-end closing, financial statement preparation,
Balance Sheet, P & L Account, comparative statements, Management
Information Statements, depreciation schedules and analysis of variances.
Utilize MFGPro ERP.
. Prepare, analyze and review Cost Schedule Status Report (CSSR), Cost
Performance Report (CPR), Contract Fund Status Report (CFSR), Indirect
Rate Variances, Estimate at Complete (EAC), Latest Revised Estimates
(LRE), Integrated Baseline Review (IBR) for Government and Commercial
contracts of (CPFF, CPAF, T&M, FFP) nature, namely for the DoD (Navy, Air
Force), NASA, Northrop Grumman, Lockheed Martin, Boeing, General
Dynamics, SAIC, BAE, GE, etc.
. Coordinate, manage and oversee Program Finance, Costing, Cost Monitoring,
Burn Rates, Spend Plan and Trend Analysis. Develop cost proposals and
bids. Analyze contract performance and PO's.
. Monitor and implement control and procedures required by the DCAA and
submit Incurred Cost Submissions on annual basis. Interface with DCAA &
DCMA (Belair/Baltimore, MD offices) on regular basis for Provisional
Billing, Incurred Cost Submissions, Indirect Rate Variance Submissions,
Task and contract close out submissions and audits.
. Prepare, review, and analyze Corporate Operating and Capital Budgets vs.
Actual with recommendations for specific actions and procedures
pertaining to budget formulations.
. Responsible for Annual CPA Audits, Government and Agency Audits, and
internal audits.
. Prepare Financial Statements using IAS/IFRS as a subsidiary for
international parent company.
. Key Achievements:
> Reduced DSO by 22 days and overdue Accounts Receivables by over ~$1m
> Reduced monthly and annual closing cycle by 4 days, resulting in
closing within 3 days
> Attained FAR & CAS compliance, meeting DCAA and DCMA requirements
HealthCare Resolution Services, Inc. (www.hcrs-inc.com)
HCRS, with ~$20m in revenue, provides health care and case management
services to various federal and state government agencies.
Controller
7/2008 - 2/2009
Supervised a staff of 4. Responsible for closing all financial modules in
Deltek GCS Premier for month end and year-end closing. Coordinated and
implemented corporate financial data budget to actual variance, profit
analysis, forecasting sales and analyzing results in relation to operating
budget. Responsible for Annual CPA Audits, Government and Agency Audits and
Corporate Tax returns.
. Responsible for preparing, analyzing and reviewing of Cost Schedule
Status Report (CSSR), Cost Performance Report (CPR), Contract Fund Status
Report (CFSR), Estimate at Complete (EAC), Latest Revised Estimates
(LRE), Integrated Baseline Review (IBR) for Government and Commercial
contracts of (CPFF, CPAF, T&M, & FPP) nature, namely for the DoD (Navy,
Air Force), Dept. of Justice, GSA-MOBIS Schedule, Veteran Affairs, CMS,
etc.
. Monitor and Implement control and procedures required by the DCAA.
Interface with DCAA & DCMA (Columbia/Baltimore, MD offices) on regular
basis for Provisional Billing, Incurred Cost Submissions, Indirect Rate
Variances Submissions, Task and contract close out submissions/audits.
. Regular interface with PM's, Group Managers, Task Leaders, Financial
Executives and Program/Project Finance and Cost Managers. Responsible for
developing cost proposal and bids.
. Resolve financial and funding issues with the Contracting Officer in
various Federal Government agencies. Analyze contract performance.
. Interface with bankers for credit enhancement and credit limits.
. Approved Payroll before final processing and computed tax liabilities and
Fringe Benefits using ADP. Implemented Ultimate Software and Ceridian for
HRIS and payroll processing.
. Verification and detailed analysis of monthly bank reconciliation and
overnight investment accounts.
. Process and generate reports of prepaid expenses, notes payable,
receivable and fixed assets.
. Prepared operating budget, capitalization, accrued payroll, taxes and
other incurred expenses.
. Key Achievements:
> Reduced DSO by 14 days and overall Accounts Receivables by over $750k
> Managed the overall implementation of HRIS system to UltiPro &
Ceridian
> Reduced monthly and annual closing cycle by 12 days
> Implemented internal controls and compliances, ensuring smoother
audits
> Obtained Line of Credit of $1.5 million for working capital
Systems Engineering & Security, Inc. (SES)
SES, before being acquired, was a $20-$28m federal government contractor
providing ITSS services to various DoD and federal agencies.
Director of Finance/Human Resources
8/2000 - 4/2006
Started as a Senior Accountant and was promoted after 6 months to Director
of Finance, supervising a staff of 6 with responsibilities for all
accounting operations. Additionally handled Fringe Benefit administration
and all other HR related matters for the company. Responsible for Annual
CPA Audits, Government and Agency Audits and Corporate Tax returns.
. Responsible for preparation, analyze and review of Cost Schedule Status
Report (CSSR), Cost Performance Report (CPR), Contract Fund Status Report
(CFSR), Indirect Rate Variances, Estimate at Complete (EAC), Latest
Revised Estimates (LRE), Integrated Baseline Review (IBR) for their
Government and Commercial contracts of (CPFF, CPAF, T&M, FFP) nature,
namely for the DoD (Navy, Air Force), Dept. of Commerce, GSA, Group 70
Schedule, NASA, NWS, Bureau of Census, NOAA, MEDS, M-Lite, etc.
. Monitor and Implement control and procedures required by the DCAA and
submit Incurred Cost Submissions on annual basis. Interface with DCAA &
DCMA (Columbia/Baltimore, MD offices) on regular basis for Provisional
Billing, Incurred Cost Submissions, Indirect Rate Variances Submissions,
Task and contract close out submissions/audits.
. Regular interface with PM's, Group Managers, Task Leaders, Financial
Executives and Program/Project Finance and Cost Managers. Responsible for
developing cost proposal and bids.
. Resolve financial and funding issues with the Contracting Officer in
various Federal Government agencies. Analyze contract performance.
. Responsible for closing all modules in Deltek (System 1 and GCS) for
month and year-end closings.
. Coordinated and implemented corporate financial data budget to actual
variance, profit analysis, forecasting future sales and analyzed results
in relation to operating budget.
. Preparation, Review, and Analysis of Corporate Operating and Capital
Budgets/Actual with recommendations for specific actions and procedures
pertaining to budget formulations.
. Verified/approved Payroll before final processing and computing tax
liabilities and Fringe Benefits
. Verification and detailed analysis of monthly bank reconciliation and
overnight investment accounts.
. Process and generate reports of prepaid expenses, notes payable,
receivable and fixed assets.
. Prepared operating budget, capitalization, accrued payroll, taxes and
other incurred expenses.
. Implemented MIS enhancements and automation of many functions using COTS
software and customized software applications.
. Key Achievements:
> Reduced DSO by 17 days and overdue Accounts Receivables by over $650k
> Reduced monthly and annual closing cycle by 17 days
> Obtained Line of Credit of $3 million for working capital.
> Reengineered accounting function and brought payroll function in-
house, saving $600k/year
> Attained FAR & CAS compliance, meeting DCAA and DCMA requirements
> Successfully implemented conversion from Deltek System 1 to GCS
Premier
Shweta Equities Private Limited, Mumbai, India
Chief Accountant
11/1999 - 8/2000
Responsible for all financial operations. Implemented a corporate financial
budget and analyzed results in relation to operating budget. Responsible
for Annual CPA Audits, Government and Agency Audits and Corporate Tax
returns.
Bhartiya Confectioners Limited, Mumbai, India
Chief Accountant
11/1996 - 11/1999
Supervised a staff of 4. Responsible for accounting operations, budgeting,
forecasting, weekly cash flow projections, annual CPA Audits, Government
and Agency Audits, and Corporate Tax returns.
Shree Raj Travels & Tours Limited, Mumbai, India
Senior Accountant
8/1993 - 11/1996
Responsible for day-to-day accounting operations. Prepared monthly bank
reconciliations and overnight investment accounts and assisted in the
filing of corporate tax returns
EDUCATION:
0. Currently pursuing Doctor of Business Administration at Walden
University, USA.
1. Completed certificate program for Federal Government Contracting from
George Mason University in partnership with Deltek in 2010
2. MBA from Ellis College of NYIT, New York, USA, 2008,
3. CMMI-Introduction, Continuous representation, v1.1, Carnegie Mellon
University, as offered by SEI (Software Engineering Institute)
4. Bachelor of Science Degree in Commerce (Business Administration,
Accounting and Finance), Bombay University, Bombay, India, 1988.
5. Completed certificate program for ITAR and leadership training as
offered by outside agencies while working at Saft
6. Oracle 8.0, and Developer 2000, JavaScript, ASP (Active Server Pages),
C, WinTech Computer Institute, Bombay, India.
COMPUTER AND SOFTWARE EXPERIENCE:
Deltek (System 1, GCS Premier, Time & Expense), ADP payroll system, MFGPRO,
Oracle 8.0, Developer 2000, Java Script, ASP (Active Server Pages), C, C++,
HTML, DHTML, MS OFFICE, MSWord, MS Excel, MS Power Point, LOTUS 1-2-3,
Dbase III / IV, FOXPRO, TALLY, Netscape Navigator, Internet Explorer,
Novell Netware, Basic.
U.S. Citizen with ability to receive security clearance.
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