Hemant Nayyar
Chicago IL 60612 USA
Ph 801-***-****
************@*****.***
SUMMARY
Superior analytical skills and experience with improving profit through
detailed transactional and workflow analysis. This is collaborated
effectively with business managers of different departments to resolve
variance and refine forecasts. Excellent communication skills with
expertise in the following areas:
. Financial Modeling
. Budgeting & Planning
. Inventory Management
. Revenue Forecasting
. Trends Analysis
. Proficient in Excel (V-lookup, H-Lookup, Macro, Pivot tables)
EXPERIENCE
Tribune Company Chicago, IL
Sr. Financial Analyst 2010-2011
. Created consolidated financial models and system of performance
metrics; streamlining multiple pre-existing models into a dashboard tool
for the purposes of identifying and quantifying issues relating to various
supply chain and distribution inefficiencies
. Conducted trends analysis and revenue/expense forecasts for several
departments, working closely with senior management to provide executive-
level decision making support through reporting of operational and
financial results
. Presented results and provided my recommendations for optimizing
processes, increasing cost efficiencies, and improving workflows within
corporate M&D by introducing new reporting and due diligence concepts
Sr. Financial Consultant Chicago, IL
(ULDQS Inc, Utilities Inc, Wolters Kluwer)
2008-2010
. Utilized SQL to reconcile G/L balances and resolve variances during
system conversion from People soft to JD Edwards.
. Designed a flow chart for policy and procedures to successfully
reduce the month-end process from 20th day to 6th business day.
. Implemented AP policy to reduce redundancy of duplicate payment by
20%.
. Prepared annual financial report schedules for 45 entities adhering
to the SEC guidelines.
. Implemented Account Receivable tests in compliance with SOX.
Univision Communication
Chicago, IL
Accounting Manager 2006-2008
. Assisted in annual budget exceeding $20 million and forecast models
on a departmental, business segment, and consolidated basis working with
functional department head and senior management.
. Assisted in monthly closing by preparing accurate accounting entries
in compliance with SOx and internal audit recommendations.
. consolidated the financial statements of four radio stations into one
complete financial statement.
. Resolved accounting system issues by overseeing successful transfer
from Great Plains system to Oracle accounting system as a special project.
. Prepared appropriate weekly pacing analysis sales report comparing
current weekly revenue with actual budget and analyzing trend with prior
years.
. Analyzed and interpreted monthly variance trends between budgets,
actual and prior results in developing projections and forecasts.
. Trained new employees to administer the accounts payable and order
entry functions.
. Conducted ad hoc strategic analyses of business performance as part
of business development process.
Fat Pipe Networks Salt Lake City, UT
Sr. Financial Analyst 2003-2006
. Managed financial budget of $15M for Finance, R and D, Human
Resources, and Legal IT groups and provided financial reporting and
analysis to Senior Directors.
. Built and maintained Excel-based financial models, including income
statements, balance sheets, cash flow statements, and discount cash flow
analysis.
. Analyzed financial results to determine accuracy and completeness of
information, financial forecasting, and planning to support short-term,
and long-term strategic plan.
. Conducted cost benefits analysis to determine inventory overhead,
resulting in 35% reduction of capital expenditure.
. Created NPV, IRR, discount cash flow, and ROI models for evaluating
financial implications of new products and investments, and provided
recommendations to Senior Directors.
. Responsible for calculating monthly-deferred income, monthly sales
commission report, monthly and quarterly royalty reports.
. Provided financial support and analysis to marketing and sales areas
for strategic business decision and cost saving initiatives.
XO Communication Salt Lake City, UT
Senior Accountant 2000-2003
. Responsible for preparing and auditing journal entries during monthly
closing process, and reconciliation of general ledger accounts.
. As a team leader of 10 AP associates, responsible for mentoring,
coaching, and implementing procedures to reduce duplicates by 20%.
. Conducted monthly vendor reconciliation.
. Managed vendor issues concerning billing and customer related issues.
EDUCATION
University of Utah David Eccles School of Business 1995-2000
Salt Lake City, UT
Bachelor of Science in Finance
Currently in process for sitting for the CPA Exam
Office Tools MS Word, MS PowerPoint, MS Excel,
MS Project
Accounting Tools and Software Oracle financial, Great Plain
software, Microsoft Dynamics,
MYOB Premier Accounting, Crystal
reports, Hyperion, Marketron,
Operating Systems Windows 98/2000/XP
Databases MS Access, SQL Server 2000 and
Oracle 9i/8