Ashwinikumar Patil Email & Phone Number

Mumbai, Mh, In

Mumbai, Maharashtra, India

I have 25+ years of experience out of which 16 years in FP&A, working with leading organizations in the industry. My expertise lies in budgeting, forecasting, financial modeling, variance analysis, and financial reporting. I have a strong understanding of key financial metrics, such as revenue growth, profitability, and cash flow management, which are vital for making informed business decisions.In my current role as Finance Manager at Carestream Health, I have been responsible for overseeing the financial planning process, developing annual budgets, and conducting regular financial analyses to identify areas for improvement and cost-saving opportunities. I have also played a key role in developing financial models that support strategic initiatives and drive business growth. Through my efforts, I have consistently provided actionable insights to senior management, enabling them to make informed decisions that optimize financial performance.Solid expertise in financial planning, budgeting, and forecasting, resulting in accurate and reliable financial projections that align with organizational goals.Highlights:Proficiency in financial modeling and scenario analysis, enabling effective decision-making and risk assessment.Proven ability to streamline financial processes and implement cost-saving initiatives, resulting in improved efficiency & reduced operational expenses.Strong analytical skills, with the ability to identify trends, interpret complex financial data, and communicate insights to stakeholders at all levels.Excellent leadership & team management capabilities, fostering collaboration, motivation, & high-performance within the finance team.I am excited about the opportunity to contribute to your organisation's FP&A function & help drive strategic growth and profitability. With my solid background in finance, strong analytical skills, and a detail-oriented approach, I am confident in my ability to make a positive impact on the organization.

Mumbai

Carestream Health (Mumbai)– Subsidiary of ONEX Corporation, as a Regional Financial Analyst ( Role: MIS, Forecasting, Variance Analysis for ME, Africa, Turkey, Russia & India cluster. In present role directly reporting to Regional Head in Switzerland (Europe office )Month End & during the month Activities : Reviewing daily revenue/expenses, identifying error if any & advising for correction to country controller.Daily revenue submission to all operation managers with analysisAdvising Installation, warranty and accounting based on customer agreement.Advising Local country controller on Revenue Deferral/recognition accounting.Computation Cost allocation cycle based on business line/product.Computation of Post warranty revenue.Providing timely support to operation managers for all Ad-hoc reports & queries. Reviewing Cost & instructing BP&C team on destination wise cost allocation Month End Reporting & Financial Analysis: Final revenue submission to all operation managers with analysis and variance walk.Preparation of variance walks against AOP & OL with timing and permanent category.Cost Analyst and comparison with cost estimate.Preparation of Monthly, Quarterly P&L A/c & spares part consumption report and analysis.Preparation of MFR & KPI presentation for monthly operation & financial review and analysis.QTD & YTD Performance report and variance walk.AOP & Forecasting :Working with Ops. managers on future business (signed, pipeline, opportunities & risks etc.Consolidation of all inputs from all Managers & present for operation reviewAfter final discussion with operation head uploading BP&C system by cluster.Drafting variance analysis with prior AOP/OL.Designing & developing reporting tools and process documents.Supervisor responsibilities : Promoted as a Regional Financial Analyst IC role, earlier as an Assistant Controller for ME & Africa team size - 3 Direct & 5 dotted line reporting & in ME and Africa Operations supporting to sixty employees.

Pune Area, India

Hewlett-Packard –GBS– Financial Analyst IIB – M2 (Team Lead) Since Sept 2010 to Dec 2010From - Feb 2007 to Aug 2010 was with Mphasis an HP Company which is part of Hewlett-Packard.Month End Closing & Budgeting : Month end JE’s ( Accruals, deferral of revenue & expenses for eligible setup cost & revenue with application of US GAAP, HP Policies and SOXA.• Consolidation : Regional consolidation month end report & outlooks, review with finance controller on variance, trend analysis & future planning.• Planning & Budgeting : Formulating budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.• Variance Analysis: P & L and Balance sheet walk for Cost Center & category with flash and target including PYoCY, CYoNY & QoQ. with business reasons as per the corporate requirements. ( what, where & why with timing/permanent in nature )• US GAAP Deferral Pack: Preparation of deferral cost pack by tagging construct & built cost expected to spend on account as per the US GAAP terms, HP Accounting Policy and SOXA. • Financial Analysis Analysing business processes, conducting benchmarking study / trend analysis and using various business tools to assist the critical decision making process.Leadership:• Head a team of 9 members.• Providing coaching and proper guidance to the team members.• Prepare MIS report on KRA scores on the production data of team members monthly & quarterly.• Manage Performance Analysis of team members and provide feedback to Manager.• Assisting the Team in Month End Close & regular activities • Conducting training for refreshers & new joiner.Achievement: Transition of One Billion $ Singapore Govt. account to India with one year overseas support, Experience on SAP, People management, Knowledge of US GAAP.

Preparation of Budgets and Forecasts as per management requirement & operation indications, reviewing them with actual and presenting the various analysis to the Management with recommendation for corrective action.Responsible for all Capex Activities for Maharashtra & Goa Circle caring 13,000 Millions Assets.Handling daily activity activities like Asset Additions, Retirement, Transfer of Assets, Site Abandon. Assets Reconciliation & Mapping with Physical, Helps logistic in Bar-code Project.Approving indents as per Outlook & tacking Outlook with actual expenses & VariancePreparing financial models to assess financial and commercial viability of new business opportunitiesAssets in MIS, COR Presentation, & many corporate & TRAI reports. Sole responsibility for Schedule VI.Preparation of Daily MIS reports for enabling decision making at management level.

Master Of Business Administration - Mba, Finance And Financial Management Services

B.Com & Pgdm, Financial A/C, Taxation, Economics, Computer