Kunwar Ahuja Email & Phone Number

London, England, United Kingdom

London, England, United Kingdom

Managed a 5 member corporate executive strategy team, to implement improved tools (such as an SAP Ariba based purchasing tool, legacy purchase order tracker) supported by associated purchasing processes, impacting teams across the bank.The new purchasing tool reduced work order volumes for IT procurement by ~33%, which led to a 30% increase in the efficiency of purchase processing across the bank.Purchasing tool was designed and implemented within a 10 month timeframe.Additionally, we created another tool to manage 15,000 legacy purchase orders, enabled to effectively migrate orders under-process, to the new SAP Ariba purchasing system. Developed an improved SAP Guided Buying tool to revise the IT resource procurement process for the bank.

London, United Kingdom

Set up and managed the implementation of new entities across Europe by coordinating and developing a task driven process, prioritising key locations based on commercial risk, saving costs.

London, United Kingdom

Implemented the SAP Ariba purchasing module across the organisation to streamline the purchase process, resulting in a user friendly interface and an improved invoicing facility. Time taken to raise purchases reduced by 66%. The average supplier payment time was reduced by 50%.

London, United Kingdom

Managed a team of four people covering various roles from payments to third parties including government institutions as well as managing a large backlog of internal expense claims. Streamlined the application process for the issuance of corporate credit cards through negotiations with Barclaycard and using an online portal linking this to an in house approval system.Eliminated over 900 outstanding email enquiries including raising the credit limits on corporate cards through analysis of Visa's credit risk, significantly reducing queries related to this. Identified missing accrual postings through balance sheet analysis and increased the provision to cover historic costs as a consequence.

London, United Kingdom

Developed a new one-off payment process and supporting request form used company wide.Collated cashbook data and supported new cashbook process across Europe.Revised team responsibilities, through the development of usage guides to reduce excessive demands from business on operations.Engaged in recruitment of support staff within team.Supported various projects to integrate procurement operations with global procedures including creation of a tactical buying team.Engaged in the integration & development of new end to end purchasing system engaging supplier on boarding and risk.Investigated and cleared outstanding audit findings for 3 group structured entities, covering 2 years of accounts, obtaining sign off from an independent auditor.

London, United Kingdom

Created new spend report to invoice level to improve supplier management expenditure.Developed and enhanced monthly divisional reporting pack detailing non-compliant activityUndertook development of Purchasing Card report capturing expenditure breaches to cardholder levelManaged savings exceeding annual target >€25m.Developed board level dashboard combining data from Ariba, Oracle and 3rd party sources on Excel replicating on Tableau.Created procurement analysis reports on Ariba assisting cross functional compliance and improved contract management.Provided ad-hoc support to Head of Procurement & CFO including FTE management and organisational design.

Crawley

Developed a new cross division reporting Management Information (MI) pack analysing profits and losses across the organisation. This reduced the time to obtain month end results from 7 days to 2 days (a 70% improvement).Conducted the cost-benefit analysis for deciding the new head office location for the CFO in line with business strategy. The recommended location, which was decided as the new head office location, reduced the organisation’s costs by over 40% in lower lease and energy costs.Designed and developed a new budget process for the internal cabin costs across the airline using a unit based approach. This facilitated in-depth negotiations with suppliers, driving down costs on premium items, resulting in savings of ~£300k on the annual budget.

Paddington

Managed various sectors within the group including the Greyhound coaches and yellow school bus businesses based in the US. Responsibilities included calculating Residual Income (RI) based on the Weighted Average Cost of Capital (WACC) and Return on Capital Employed (ROCE). These calculations would be presented to the Group CFO and would drive investment decisions for acquiring businesses in the market.Managed and restructured the Great Western trains capital and asset management tool to determine optimisation of assets used by the company. This provided the optimal time frame to replace trains and carriages along with determining refurbishment costs based on their useful life.

Egham, Surrey

Developed and managed the implementation of new weekly financial and operational dashboards for senior executive team.Adapted and revised forecast for various outcomes for head office reporting.Consolidation and reporting of historic data for HMRC review. Developed report summary to facilitate understanding for external consultant.

Bracknell, United Kingdom

Development of new European reporting pack for CEO & board of directors.Revise IT feeds to UK leasing customers for reservation, fleet & P11D data.Developed & implemented operational reporting tool for European fleet distribution.Ancillary sales profitability analysis and developed revised incentive scheme for operations staff across Europe. Developed project to web enable revised scheme for performance review at management through to frontline staff level.Operational development to improve accuracy and streamlining accessibility of data with IT department.

Staines, Middlesex

Identified unprofitable business segment by reallocating fixed costs using revised activity driven cost drivers.Successfully negotiated finance security measures on £6m contract.Managed implementation of merchant model for stock to 3rd party.Updated forecast model steering business to more profitable sources of income.Revised calculation of latest OFGEM levelisation charges to British Gas New Energy division.Developed and implemented training program to improve business support.

Slough, United Kingdom

Management, presentation and reporting of consolidated Export Accounts globally to Senior Executives.Identifying new markets with the use of HAX strategy and successful launches based on forecasted analysis.Successful introduction of products into the Middle East/Asia/African markets.Redesigned pricing model using commercial market data and standardised process on applying discount factors. Implemented new pricing structure for customers globally.Set international budgets and forecasts based on internal and external market activities used by senior management.Utilised SAP and Cognos 8 reporting tools to streamline data management and produce monthly reporting package.

Management of entire European inventory for consumer products.Regular liaison with supply chain management introducing accountancy regulations to local organisations.Implementation of SOX compliant activities and regulation.Streamlined month end and quarter end process by identifying bottle necks and implementing new procedures to ensure more timely results achieved.

Centralised transfer of stock to holding European company from local affiliates. Obtained Award of Excellence for integration of transfer of stock management system to holding European company.Closure of distribution centre in Orleans, France involving detailed analysis of financial impact of stock transfers and operation closure procedures.

High Wycombe, Buckinghamshire

Associate Chartered Management Accountant + Chartered Global Management Accountant, Management Accountancy

Bachelor Of Science (Bsc)

Education record