Nitesh Bansal
Pimpama,QLD
Summary
Accomplished and results-driven finance professional with 8 years of experience in financial management, analysis, and strategic planning. Seeking a Finance Manager position to leverage expertise in budgeting, forecasting, and financial reporting to optimize financial performance and drive business growth. Adept at leading cross-functional teams and collaborating with senior leadership to implement financial strategies and ensure compliance with regulatory standards.
Overview
7
7
years of professional experience
Work History
Financial Analyst
Proven Accountants
09.2021 - Current
- Oversee daily financial transactions, including accounts payable/receivable, bank reconciliation, and payroll for a company with $5M in annual revenue.
- Prepare monthly, quarterly, and annual financial reports, ensuring accuracy and compliance with accounting principles.
- Reconcile bank statements and vendor accounts, resolving discrepancies and preventing costly errors.
- Collaborate with external auditors to facilitate smooth year-end audits and ensure accurate financial reporting.
- Prepare monthly, quarterly, and annual financial reports, ensuring accuracy and compliance with accounting principles.
- Reconcile bank statements and vendor accounts, resolving discrepancies and preventing costly errors.
- Collaborate with external auditors to facilitate smooth year-end audits and ensure accurate financial reporting.
- Implemented cost-saving measures that reduced expenses by 10% annually through better financial planning and vendor negotiations.
- Provided comprehensive accounting support to company by managing functions like payroll, accounts payable, accounts receivable and business expense processing.
- Lead the budgeting, forecasting, and financial reporting processes.
- Conduct variance analysis to assess budget vs. actual performance, providing actionable insights to senior leadership.
- Implement and monitor internal controls to mitigate financial risks and ensure compliance with regulations.
- Develop financial models to support strategic business decisions, including capital expenditure analysis and ROI calculations.
- Manage cash flow forecasting, working capital optimization, and liquidity management to ensure financial stability.
- Prepare detailed financial reports for executive leadership and investors, highlighting key financial metrics and trends.
Senior Finance Analyst
Freelancer
04.2020 - Current
- Assisted in the preparation of monthly and quarterly financial reports for executive leadership, including P&L, balance sheets, and cash flow statements.
- Led the budgeting and forecasting process for the corporate finance department, working with cross-functional teams to align financial targets with operational goals.
- Conducted in-depth financial analysis and reporting to identify trends, risks, and opportunities, influencing decisions on capital expenditures and cost-cutting measures.
- Played a key role in the implementation of a new ERP system, improving financial data accuracy and reporting efficiency by 20%.
- Developed financial models to evaluate the impact of various business scenarios, providing senior management with insights into profitability and investment potential.
- Assisted in the preparation of annual financial audits, ensuring compliance with all regulatory requirements.
Assistant Accountant
ACE
06.2017 - 08.2021
- Supported the finance team with daily financial operations, including processing accounts payable and receivable, reconciling accounts, and preparing cash flow reports.
- Assisted in the preparation of financial statements and management reports, highlighting key financial metrics and trends for senior leadership.
- Performed variance analysis between actual results and budgeted figures, providing recommendations for corrective actions to improve financial performance.
- Analyzed historical financial data to create forecasts for revenue, expenses, and profitability.
- Collaborated with departments to assess the financial impact of business decisions, offering strategic recommendations to improve financial efficiency.
- Assisted in managing the company’s financial planning and analysis functions, including creating reports to track business performance and identify areas for cost reduction.
Education
Bachelor of Science - Accounting
MMU
INDIAMaster of Science - International Business
Queensland University of Technology
Brisbane, QLD06-2019
Skills
- Financial Analysis & Reporting
- Budgeting & Forecasting
- Financial Modeling
- Cash Flow Management
- Profit & Loss (P&L) Management
- Risk Assessment & Mitigation
- Strategic Planning & Analysis
- Financial Software (eg, SAP, QuickBooks, Oracle)
- Internal Controls & Compliance
- Leadership & Team Management
- Variance Analysis
- Cost Reduction Strategies
Timeline
Financial Analyst
Proven Accountants
09.2021 - Current
Senior Finance Analyst
Freelancer
04.2020 - Current
Assistant Accountant
ACE
06.2017 - 08.2021
Bachelor of Science - Accounting
MMU
Master of Science - International Business
Queensland University of Technology
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