Project Manager

Sanjeev S. Phansalkar, MBA

*** ****** ****

Fanwood, NJ 07023

Residence: 908-***-**** Mobile: 516-***-****

Email: ********@*******.***

Profile:

Highly motivated “hands on” finance and accounting professional with extensive experience and proficiency in audit, planning,

implementing and supervising fiscal and accounting standards and controls. Recognized for achieving success in all facets of:

analysis, modeling, budgeting and reporting, cost containment, increasing sales, due diligence, project management, building and

leading cross functional teams, and mentoring colleagues. Areas of expertise include:

Financial Planning & Analysis Business Strategy Systems Implementation

P&L Reporting Multi Year Business Plans Team Leader, Mentor

Benchmark Studies & Metrics Business Case / ROI Analysis Department Budget Control

Project & Data Management Cost Benefit Analysis Process Redesign

Professional Experience:

MetLife Insurance Group, Inc., New York, NY (2007 – 2008)

Director, Financial Reporting & Analysis – Technology & CAO Operations Finance

Responsible for financial management and oversight for $1.6 Billion in operating expenditures and capital plans for the CAO

organization (incl. Information Technology, Infrastructure, Facilities, Procurement, Legal, Audit, HR, & Call Centers).

Responsibilities included budgeting, forecasting, and close for the organization.

Served as the CFO for the CAO organization and lead subject matter expert on key teams, committees (Planning Boards,

Governance), policies, process improvement initiatives and financial accounting standards. (GAAP)

Partner with CAO and Lines of Business to provide financial information to enable business development and growth while

providing executive management with the necessary quantitative and qualitative information to make strategic decisions.

Re-engineered financial processes to ensure end to end, straight through processing to maximize the value proposition of

MetLife’s PeopleSoft ERP and reduce risk.

Re-engineered internal pricing methodologies for efficiency (execution) and effectiveness (customer experience).

Reported financial performance to the Executive Group on a monthly & quarterly basis.

Managed all Business/Operational Reviews, as well as planning and coordinating SOX compliant financial controls to ensure the

integrity of financial information.

Provided senior management and technical team heads with weekly dashboard, status report, scorecards, project plan, resource

plan, budget plan, change control process, and risk analysis.

Served as Project Manager for multiple Finance-sponsored project engagements including the implementation of PeopleSoft

Time Entry & Project Costing and Clarity IT Portfolio Expense Reporting Tool to include Interfacing with business units to

research and compile business requirements.

Managed Clarity IT Portfolio Expense Reporting Tool processes providing production support, end user support, documentation

and enhancements prioritization management for 4,500 users for the CAO organization.

Rationalized all new headcount additions with the Global CAO, CIO and department heads and managed the overall headcount

plan.

Provided direction, leadership and management of 10 associates for the T&O IT Portfolio and Reporting & Analysis functions.

Participated in task forces/ special projects including but not limited to; M&A, alliances, corporate, divisional or functional

initiatives.

Oppenheimer Funds Inc., New York, NY (2005 – 2007)

AVP, Business Unit Controller – Technology & Fund Operations / Corporate Services

Primary Finance liaison for the Technology, Fund Operations and Shared Service (HR, Facilities, Audit, Legal, Compliance)

business for a mutual fund company with $250 billion in assets under management.

Managed monthly closing and financials including profitability, expense, variance analysis and assets and flows reporting for the

asset management business.

Created and implemented profitability reporting by Investment Management team.

Developed and managed annual consolidated Medium Range Plan, multi-year strategic plans and quarterly rolling forecast

process in partnership with business unit heads.

Reengineered asset database to improve reporting flexibility.

Created market impact model to assess enterprise profitability with changes in stock market.

Produced annual 15c profitability reporting by fund for annual advisory contract renewal for mutual fund board of directors.

Process was improved and systemized for more efficient annual reporting in the future

Designed overhead allocation methodologies for implementation within SAP accounting system to attain fully loaded profitability

reporting. Responsibilities included annual review and maintenance of overhead allocation models.

Designed a TCO (Total Cost of Ownership) database that enabled clearer decision-making by senior management for all new

investments. Formulated the training manual and on boarded end users.

Supervised, motivated and developed staff of 3 associates through mentoring and delegation of increasing responsibility

Finance member of New Business committee which provided assessment of financial implications of business opportunities,

investment, and capital project alternatives.

Increased productivity and fiscal success for future capital project investments. Used communication and leadership skills designing

and implementing a new business case, governance process and ROI model.

Reported, monitored and evaluated financial data to facilitate accurate identification of growth drivers, trends risks and

opportunities.

Reviewed and managed all RFP and SOW agreements including all 3rd party vendors/consulting and outsourcing relationships.

Created internal metrics, scorecards, and benchmarks as well as maintained IT project work backlog metrics, and resource

planning/utilization related to the organization's project capacity.

Incorporated industry-wide best practices in development of reliable and sound financial analytical tools and techniques.

Senior Project Consultant (2004 – 2005)

Nomura Securities International – Product Controllers, Management Reporting

Dun & Bradstreet – GCO/Technology Finance, Management Reporting

Led monthly management reporting process for the US Fixed Income, Equities, Investment Banking, Information Technology

and Corporate Services departments.

Provided daily/monthly P&L reporting for all Fixed Income/Capital Market and Equity product lines.

Provided support to senior management in preparation and maintenance of strategic plans, analysis and presentation of financial

performance results.

Preparation and completion of annual budget and monthly reporting of actual results to Executive Group.

Led the development and implementation of well-defined forecasting methodologies and measurement techniques incorporating

industry-wide best practices. Ensured achievement of financial targets by monitoring forecast trends, providing insight, and early

warning.

Streamlined process efficiencies and controls within Management Reporting to include redevelopment of allocation model

methodology for administrative and corporate expenses to front offices, FRP reporting model, Daily P&L forecast model, Monthly

P&L estimate / flash model, KPI business metrics and Capital Expenditures reporting.

Analyzed and assisted in developing business growth/ cost savings initiatives and new investments.

Conducted comprehensive operational & process audits for SOX 404 compliance and maintained control documentation

including process narratives and control matrix.

Responsible for managing the month end expense accrual process including B/S account attestation and documentation.

Lead business liaison for the full project life cycle of PeopleSoft G/L implementation.

Managed 6 project consultants and was a prime focal point for internal/external audit inquires.

Coordinate examinations and internal audit operation reviews, including the coordination of interviews and information requests

from internal/external audit managers

Moody’s Investors Service, New York, NY (1998 – 2003)

Manager Planning & Analysis – Corporate Finance

Primary Finance liaison for the Corporate Finance Group for a major rating agency with revenues over $1.4 Billion. Responsible

for the product line reporting for CDOs, CLOs, Leveraged Finance, Investment Grade, Bank Loans, Commercial Paper and

Convertible Bonds ($400M).

Managed 4 associates & 2 summer interns for the group’s reporting function.

Prepared detailed annual budgets, monthly rolling forecasts and multi-year strategic plans for senior management.

Developed monthly profitability reports for senior management analyzing revenue and expenses; monthly and annual trends plan

variances and economic data.

Conducted monthly business reviews and participated in bi-monthly discussion meetings with Franchise Heads.

Developed benchmark targets for performance measurement and perform compilation and analysis of competitive data,

including market share, league tables, balanced scorecard and deals rated/missed.

Built pricing models to assist business development with pricing and costing strategies.

Prepared business cases outlining revenue improvements/cost reduction opportunities and implemented corrective solutions.

Developed and implemented financial/compliance controls and procedures.

Lead business liaison for the full project life cycle of PeopleSoft G/L implementation

Coordinated examinations and internal audit reviews, including the coordination of interviews and information requests from

internal/external audit managers.

Participated in various ad-hoc projects including Moody’s spin-off from D&B and Moody’s acquisition of KMV.

JP Morgan Chase, Garden City, NY (1997 – 1998)

Vice President, Reporting & Revenue Analysis – Chase Automotive Finance

Responsible for the budgeting, forecasting and revenue analysis activities which effect portfolio profitability and divisional

performance for a $14 Billion division.

Prepared monthly presentations that focus on volume and asset movement, basis point impact on revenue and expenses, and

savings targets based on the various initiatives being implemented.

Developed financial models to perform cost and feasibility analysis on auto loan securitizations for CMB Treasury.

Analyzed business line profitability and performance as related to initial plan for new product development and ongoing revenue

performance.

Managed a finance team of 6 financial analysts.

Sesame Workshop, New York, NY (1993 – 1996)

Senior Financial Analyst – International Television & Product Licensing

U.S. Trust Company of New York, New York, NY (1987 – 1991)

Senior Analyst – Unit Investment Trust / Mutual Funds Operations

Morgan Stanley, New York, NY (1986 – 1987)

Operations Analyst – Equity Operations

Education:

MBA, Finance, St. John’s University

BA, Economics, State University of New York College at Cortland

Computer Skills & Certifications:

Successfully completed Moody’s Investors Credit Training Program, August 2002

30 credits in Graduate Level Accounting. Passed 2 parts of the CPA exam in 2000.

ERP Apps: Hyperion Enterprise, Pillar, Oracle, PeopleSoft, SAP, Computron, Khalix, FARO

OLAP Apps: Essbase, Cognos, Power Play, Business Objects, DI-Diver, SAP BW

Microsoft Apps: Excel, PowerPoint, Access, Word, Visio, Project, Outlook

Project Mgmt Apps: CA Clarity, Chimes RPM, Empire Time, PeopleSoft Time Entry, Test Director

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