Resume

Sign in

Manager Financial

Location:
Posted:
March 17, 2020

Contact this candidate

Resume:

Seshadri Subbaraman +91-859******* adcb3u@r.postjobfree.com

TOP-LEVEL RESOURCEFUL & OUTPUT-DRIVEN FINANCE EXECUTIVE

OUTSTANDING EXECUTIVE ASSOCIATE RESOLVING VITAL ISSUES – WHILE SECURING MILLIONS IN OUTCOMES

Growth-Driven & highly motivated finance Executive with dynamic leadership career in international, billion-dollar companies with a rich mix of finance, operations, internal/external processes, technical savvy, and business development. Driver for change, innovation, & champion’s initiatives with proven skills in assessing an organization’s financial performance against the annual budget and company’s long-term strategy.

Tackled complex business challenges by representing the company to financial partners, covering financial institutions, investors, foundation executives, auditors, public officials, etc. Known to sharpen key decisions, harnesses a compelling combination of expertise in dealing ambiguities and managing multiple projects through completion, often under tight deadlines, with frequently changing priorities.

Strong financial modeling skills and the ability to draw, translate and communicate critical insights into the analysis.

CORE COMPETENCIES

Strategic Financial Planning

Stakeholder Partnership

Merger & Acquisition

ERP Implementation

IFRS and INDAS

Cash Flow Monitoring

Post Investment Analysis

Internal Audit

Compliance

Financial Data Analysis

Consolidation of Financial Statments

MI Reporting

Inveestor Relation

NOTABLE ACHIEVEMENTS ACROSS CAREER

Holds the credit of being promoted to Head of Planning in 2012 and as Head of Accounting in 2015 with reporting lines to the C Suite in TAQA

Demonstrated prowess in leading and implementing ERP solution (Oracle) in Nebras Power and Hyperion in TAQA

Led an IFRS consolidation of a multi currency and multi location fianncial statements (Balance sheet size of ~$20bln) and lead the interface with the External Auditors

Tasked as a key contributor in the maiden funding raised by Nebras Power; collated $430 mn from a consortium of International banks through a 4-year revolver

Secured a top-notch performance grading for all years and graded as a key performer in the Assessment of Quality by peers and seniors

Brought in cost transformation and led strategic portfolio options review in TAQA

Stellar in devising Excel-based models to:

oSupport scenario planning and conceptualizing M&A strategy

oReport and forecast cash flows for the group and assisted in analyzing in-year funding requirements and forecasts

Successfully executed post-investment analysis of key acquisition

WORK EXPERIENCE

Finance Manager Global Functions Planning and Reporting

SHELL INDIA June 2017 – Present

Helmed strategic leadership in offering annual Global Functions plan, while working with the Finance for Global Functions (FGF) Leadership Team (LT). Offered Finance support for a Business (Lubricants) vide Mckinsey led affordability and cost benchmarking. Collated global functions and business embedded functions in conjugation with business planning structure while catering Upstream, IG, P&T and Trading businesses. Served as a proponent of Global Functions Appraisal methods with a focus on Quarterly Performance Appraisal and Cost transparency packs. Took instant ad-hoc initiatives on Global Functions costs/trends as required for senior stakeholders. Consolidated & delivered OPEX and CAPEX operating plans for Downstream Functions spend.

Major Highlights:

Holds the credit of:

oWinning the Business CFO (Group CFO-1) Award in 2019

oNominated for Group CFO Award in 2018

Tapped a pipeline of ~$50mln & 15% reduction of overheads, by enhancing transparency

Revitalized & simplified the planning process by streamlining SLAs and reducing overall planning efforts of 10 FTE's by 4 weeks

Functioned as a bridge between Functional costs and Businesses to revamp the Opex planning process and boost upstream business in Shell for helping in partner and tax recoveries to by ~$40 mn

Received top performer ratings in peer-group during the performance appraisal process

Consolidated cost reports/forecasts for Downstream Functions, and help each Downstream Class of Business uncovered deviations

Brought in continuous improvement of process to support better delivery & cost reduction initiatives in the shorter time frame and steered continuous performance improvement and recovery of cost from partners and tax authorities

Head of Financial Planning and Analysis

NEBRAS POWER June 2016 to June 2017

Initiated budgeting and long-term planning for the whole group, while reporting to the CFO. Participated in designing financial data, long term frameworks, and scenario-based planning modeling of portfolio changes (acquisitions and divestment). Adhered to funding and investment requirements, prepared credit story-lines, models and answering queries from banks. Evaluated investment of key M&A transaction, consolidated budgets, assessed key variances and analytic data assessment. Conceptualized, planned and steered MI Strategy and process including analysis and reporting of key variances and in year reforecasts of expected results. Met business requirements and designed a financial framework to ensure sustainable growth.

Major Highlights:

Established critical initiatives for maintaining a financial framework to support sustainable growth:

oMI reporting strategy and framework to understand and report business drivers

oThe economic model for forecasting outcomes from potential M&A and growth initiatives that were being pursued

Functioned as Project Manager for ERP implementation (5 modules) and concluded the same within time and budget

Also acted as the interim Head of Accounting to prepare financial statements and conclude year end reporting

Conceptualized and designed framework closely aligned with business priorities for right decision making

Raising debt from a consortium of international banks ($450mln 4 year revolver at LIBOR+1%)

Received a CEO recognition for on-time Oracle implementation and the Debt program

Abu Dhabi National Energy Company PJSC (TAQA):

Head of Accounting May 2015 - May 2016

Head of Finance Planning Sep 2012 - May 2015

Manager Internal Audit, Abu Dhabi Apr 2011 - Sep 2012

Senior Internal Auditor at TAQA Dec 2009 - Apr 2011

Internal Auditor at TAQA Aug 2007 - Dec 2009

Head of Accounting

Brought in the latest improvements which involved the integration of Group Reporting with Investor Relations Process and Bond Prospectus Issuance. As a Group controller of a balance sheet of ~$25bln of assets, Interfaced with CEO and CFO to make changes to management disclosure and analysis for anticipating and providing a response to financial analysts from banks for both equity and debt on Company performance. Simplified group impairment models in 2015 by reviewing the overall impairment process and develop high-level models to estimate impairment outcomes when changing different variables (e.g. price, reserves outcome capex, etc.) that helped shorten the financial statement preparation timelines

Major Highlights:

Integrated multiple facets in Group Reporting including merging and took over the IR role for offering an integrated view on reported numbers

Coordinated closely with treasury team in order to prepare a

bond prospectus and led discussions with the auditors and lawyers for timely issue of comfort letter to support a $2bln bond issue program in a challenging economic environment

Processed financial statements of an Integrated Energy Company (Oil and Gas and Power), resilient under pressure to meet expectations within stringent deadlines and involving significant accounting judgment and present outcomes to the Audit Committee

Counseled an Emirati national to acquire a professional qualification (ICAEW) as an initiative for empowering Emirati nationals to support the overall UAE vision

Lead face of the Company to manage relationship with External Auditors

Received board appreciation in 2015 for overall simplification of the impairment process

Head of Financial Planning, Abu Dhabi

Major Highlights:

Focused on bringing in the improvement and executing the ‘Group Capital Ranking Program’; steered the whole redesign of the capital ranking project (~$2-3bln annual CAPEX program)

Initiated implementation of IFRIC12 (New Accounting Guidance); involving implementation across the power portfolio and a 700MW power plan expansion that had the largest impact

Worked in close coordination with senior stakeholders, investment bankers, and Mckinsey to help provide several options to the Board on a total asset base in excess of $25 bln. The full strategic review covered the following parameters:

oArrived at a fit for purpose future portfolio

oVarious initiatives to reduce debt including the restructuring of assets

oAppeared at the economic value of the assets

oFuture income, gearing, and liquidity

Revamped MI reporting framework, along with additional elements including monthly rolling reforecast and cash flow reporting

Prepared financial models model to help track performance of investments (organic and inorganic); rebuilt some of the missing data and tapped shortcomings in the underlying process to help identify massive value gaps of around $1.5 bln

Delivered a ‘Cost Ambition Program’ with a motive of slashing Opex by $500mln from the cost base (including FX help of $60mln)

Worked closely with rating agencies (S&P and Moody's); proposed stress test model track key credit rating matrices and ratios

The merit of being rated Expat employee in HQ with average performance outcome of 1.4 (1 being median)

Received Audit committee appreciation in 2013 for capital ranking & board appreciation for the strategic review

Head of Internal Audit

Major Highlights:

Designed and deployed the risk management framework; covered more than 15 locations spread across the world

Led investigations of more than 10 allegations of misconduct for senior employees

Initiated 3rd party commercial negotiations (average annual spend of $1mln) to provide co-sourced resource support

Facilitated implementation of a Treasury systems and In-house bank process to move funds within the group

Led an Internal audit review for a Gas storage project under construction in NL with a total cost of $750 million Euros that helped identify certain construction risks and helped management develop a mitigation plan that helped to lower the impact of delays

Functioned as the focal point for Abu Dhabi Government audit authority for periodically auditing government companies

Received audit committee appreciation for treasury system implementation support and construction project support

PREVIOUS WORK EXPERIENCE

Executive – Assurance Division

Ernst & Young [Represented by SR Batliboi & Company in India] Feb 2006 – Jun 2007

Articled Staff Accountant

Ramachandran and Ramachandran Associates Oct 2002 – Jan 2006

IT SKILLS

MS Office

ERP Systems (Oracle, SAP, and Hyperion)

EDUCATION

B.Com. from University of Calicut 2002-2004

ACA from The Institute of Chartered Accountants of India 2001-2005

VOLUNTEER EXPERIENCE

Volunteer activity to support educational activities for 4-5 children from BPL

Offered scholarships to students from poor families to pursue school and college education

Provided counseling and career guidance to undergrads.

PERSONAL DETAILS

Address: Bhagavathy Kripa, Sivandapuram Colony, Ambikapuram, Palakkad 678011

Date of Birth: June 28, 1983



Contact this candidate