Anand Krishnamurthy Email & Phone Number

San Francisco Bay Area

Sunnyvale, CA, US

San Ramon, California, US

• Global Finance lead for the $600M Grid software business driving NPI investments strategy, delivering cashflow target and providing financial planning and analytics
• Partner with Product Management and Engineering team to prioritize R&D investments and measure ROI
• Drive functional ownership and deliver global base cost target of $180M
• Drive positive cash flow in big turnkey projects by standardizing payment terms, increasing billing milestones frequency, and reducing lead time on actual billing upon reaching milestone
• Lead both short-term and long-term planning cycles for Income Statement, Balance Sheet and Cashflow in collaboration with the Regions & Digital HQ team
• Drive monthly and quarterly closing and develop reliable estimates for Income and Cashflow statement

Chicago, US

• Global FP&A lead for the financing arm of the Healthcare business including managing USCAN region P&L and Balance Sheet. Partner with senior leaders in driving strategic financing initiatives to drive Healthcare.
• Lead reporting and system integration of Equipment Financing P&L with Healthcare
• Lead carve-out of P&L with Controllership team enabling Healthcare spin-off
• Right size balance sheet and organization for a future captive financing arm model
• Lead both short-term and long-term planning cycles in collaboration with the Regions & Healthcare Finance team
• Manage quarterly closing and develop reliable estimates for Net Income, Assets, Orders and Volume

Chicago, US

• Strategic business partner for the Commercial team to drive order and revenue growth for $2.5B US service business. Enable commercial strategy activation through setting and monitoring performance of key KPIs.
• Develop new offerings to address customer needs and create new growth opportunity
• Partner with commercial and deal hub team on RFP responses to multi-year service agreements
• On path to deliver revenue target for 2017 with major wins through big deal strategy, identifying and investing in commercial opportunity
• Collaborate with Variable Comp team to create plans for sales team to align, activate and adopt commercial strategy
• Drive key commercial metrics like renewal rate, win-back, on-time renewal and warranty conversion with Sales and Commercial Operations team

Chicago, US

• Perform financial planning and analysis for $5B Global Services business spread across 7 regions supported by HQ functions. Drive business performance through analysis; improve data visibility through digitization.
• Lead both short-term and long-term planning cycles in collaboration with the regions and Corporate
• Manage monthly and quarterly closing and develop reliable estimates of sales to operating margin
• Provide data governance, drive standardization & process improvement across regions on accounting, reporting and estimation
• Delivered YoY improvement in cost productivity from 2014 onwards and achieved the target in 2016
• Partnered with BD team on M&A valuation and integrated financials of a $100M software company

Chicago, US

• Led scenario planning and market sizing activity along with Marketing during planning sessions for $10B Healthcare equipment business. Managed HQ functions annual cost structure of $70M.
• Partnered with HQ GMs to meet 20% cost target and led the planning reviews with the CEO
• Finance Lead for regional restructuring projects and collaborated with controllership and HR team to secure $14M corporate fund for the plan
• Delivered base cost savings of $3M in 2011 and $2M in 2012 and consistently met the quarterly target in the last two years
• Created ROI model to prioritize trade shows attendance based on leads generated
• Created a market sensitivity model to predict market share well ahead of official published results

Chicago, US

• Created an IT strategy and vision for the region’s controllership function. Led controllership related IT and simplification projects and delivered process improvements. Liaison between controllership and project teams.
• Led the commercial contracting project implementing Emptoris and moved from in-house solution delivering a 50% improvement in contract approval cycle time
• Worked with Brazil project team to create cut-over plan, financial metrics to measure success, black-out emergency transactions process and conversion process
• Led the implementation of HFM module in Hyperion and delivered 20% productivity in the closing process by moving consolidation from ERP to Hyperion
• Led the progress billing and revenue recognition project for a $500M P&L to automate billing and revenue recognition based on milestone

Chicago, US

• Responsible for global consolidation and reporting of all 15 legal entities in the $1B GEMS-IT business. Ensured all the GE corporate and Healthcare reporting needs were met for filing to authorities on time. Managed.
• Led the team of corporate audit staff and reconciled Intercompany balance of $275M across various legal entities
• Outsourced all system maintenance and mechanical activities to offshore team and automated the consolidation process improving the closing cycle and productivity
• Led the Balance Sheet visibility project providing ledger based reporting aligned to the P&Ls
• Managed the accounting and reporting of $10B Intercompany loans and borrowings

Chicago, US

• Finance lead responsible for integrating the financials of acquisitions and providing finance systems strategy for $600M service P&L. Led key finance systems initiatives to simplify the process and improve productivity.
• Integrated the acquired company’s $100M service P&L with the existing business by migrating from legacy system to Oracle ERP
• Implemented web-based tool for cycle counting and physical inventory to the field engineers enabling productivity and reducing the process time to 1 day from 1 week
• Implemented design for Brazil bonded warehouse enabling 4 weeks’ lead-time reduction for parts fulfillment
• Partnered with service finance team to reduce manual entries by automating revenue recognition entries for China, parts liquidation and sales margin re-class entries in the US

Chicago, US

• Design and architect finance processes in the ERP system to meet the business requirements. Ensure the accounting of all the transactions are in line with the slated accounting rules. Work with the technical developers.
• Implemented Oracle solution for $1B global parts business across 100 warehouses around the globe.
• Designed a legacy cost system to Oracle interface and a transfer price engine to facilitate intercompany movement of parts across all warehouses
• Automated the inventory conversion process and converted $200MM inventory in Chicago warehouse with zero variance

New York, New York, US

Finance lead supporting the sales organizations across all the four southern states. Ensure revenue recognition is based on actual delivery of the product and monitor reversal of month-end sales. Manage the team to process all the trade promotions claims and audit them to ensure accuracy. Perform ROI analysis on trade promotions run on various products.

Mumbai, Maharashtra, IN

Manage income tax, sales tax and excise duty matters with the authorities for the company. Work with the auditors to prepare and file tax returns. Represent company in court hearings and other judicial procedures. Ensure proper accounting of all transactions with respect to taxation and ensure tax payments are done on time.

Chennai, MH, IN

Mba, Finance And Strategy

Certified Public Accounting, Accounting, Auditing

Accounting, Auditing, Costing And Taxation

Cost Management Accountant, Inventory Valuation, Costing And Management Accounting