With 5+ years of experience, I have demonstrated expertise in budgeting, forecasting and variance analysis, with a proven track record of driving cost efficiencies and enhancing financial performance. Adept at leveraging Advanced Excel, SAP, and data analytics tools to deliver actionable insights and support strategic decision-making. Known for exceptional analytical skills, attention to detail, and the ability to communicate complex financial information to stakeholders effectively.
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Deputy ManagerReliance Industries Limited Feb 2023 - Aug 2024Navi Mumbai, Maharashtra, India1) Digitalisation of reports in a form of dashboard to help stakeholders to take decisions at single glance2) Conducted thorough variance analysis to identify key drivers behind budget vs. actual discrepancies, presenting findings to management for informed decision-making3) Developed and maintained Key Performance Indicators (KPIs) to measure business performance, providing regular reports to senior management4) Worked upon Expense allocation to various Reliance… Show more 1) Digitalisation of reports in a form of dashboard to help stakeholders to take decisions at single glance2) Conducted thorough variance analysis to identify key drivers behind budget vs. actual discrepancies, presenting findings to management for informed decision-making3) Developed and maintained Key Performance Indicators (KPIs) to measure business performance, providing regular reports to senior management4) Worked upon Expense allocation to various Reliance entities and to provide appropriate back-billing working5) Streamlined financial processes through consistent vendor reconciliations, resulting in accurate bookkeeping and timely write-off of outdated claims6) Supporting team in terms of revamping SOP and other guidance needed on controls.7) Leveraged contract analysis skills to uncover cost-saving opportunities, ultimately realizing $20 million in savings Show less -
Account ExecutiveLarsen & Toubro Limited, Heavy Engineering Division, Mumbai Jan 2019 - Jan 2023Mumbai Area, India1) Led cost optimization initiatives resulting in reduction of operating expenses, contributing to overall profitability2) Collaborated with cross functional teams to align financial goals with operational strategies, resulting in improved communication and synergy across departments3) Analyzing financial performance of various project e.g., Budget Variance analysis, Working Capital analysis, Cost & Profit analysis leading to decrease in Turnover days4)… Show more 1) Led cost optimization initiatives resulting in reduction of operating expenses, contributing to overall profitability2) Collaborated with cross functional teams to align financial goals with operational strategies, resulting in improved communication and synergy across departments3) Analyzing financial performance of various project e.g., Budget Variance analysis, Working Capital analysis, Cost & Profit analysis leading to decrease in Turnover days4) Implemented improvements to forecasting methodologies resulting in a significant increase in forecast accuracy.5) Track whether actual performance is in-line with expected performance by analyzing key operational and financial metrics and suggest corrective action wherever necessary6) Analyzing various MIS Reports e.g. Reconciliation reports of stock, Cost ledger v/s financial ledger reconciliation statement and PBIT & ROI report of Projects7) Handled the team for Internal Financial Control, which ensured implementation, maintenance and optimization of the tool dedicated to reports creation, specifically related to inventory management & MIS reporting8) Support senior management with robust mechanisms to prepare accurate financial forecasts, along with working Capital review for the company9) Translate organization’s strategy and outlook into long-term and short-term plans, in the form of annual budgets and regular forecasts, respectively10) Partnering with Supply chain and Finance team related, driving working capital and commercial decision- making. Show less
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Audit AssociateBizsolindia Outsourcing Private Limited Mar 2018 - Nov 2018Pune, Maharashtra, India1) Executed detailed audit procedures involving review of transactions, records, documents, etc., ledger ) scrutiny, business process review, ensuring statutory compliances with tax laws, accounting standards, ROC requirements, and review of final accounts2) Performed testing of crucial areas like bank reconciliation, revenue, expenses and led coordination with clients, prepared lead schedules, tied it to the financials and analyzed the fluctuation and obtain … Show more 1) Executed detailed audit procedures involving review of transactions, records, documents, etc., ledger ) scrutiny, business process review, ensuring statutory compliances with tax laws, accounting standards, ROC requirements, and review of final accounts2) Performed testing of crucial areas like bank reconciliation, revenue, expenses and led coordination with clients, prepared lead schedules, tied it to the financials and analyzed the fluctuation and obtain reasons for same3) Visiting various client location to help them with their GST Returns, Reconciliation of GSTR-2A against the input credit availed. Show less
Vijay Singhal Education Details
Frequently Asked Questions about Vijay Singhal
What is Vijay Singhal's role at the current company?
Vijay Singhal's current role is Deputy Manager at Reliance Industries Limited | Financial Analyst, Expense Optimization, Strategic Decision-making.
What schools did Vijay Singhal attend?
Vijay Singhal attended Institute Of Cost Accountants Of India, Modern Education Societys Ness Wadia College Of Commerce, P.v.k.joag Path, Pune 411004, Modern Education Societys Ness Wadia College Of Commerce, P.v.k.joag Path, Pune 411004.
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Vijay S.
Global Mobility Supervisor, Middle East Region. Versatile, Enterprising, Individual With 13+ Years Of Experience In Global Mobility Operations.New Delhi1gmail.com -
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