Pranjal Avasia
Perth,WA
Summary
Savvy Financial Business Partner with 10 + years of senior-level accounting experience and in-depth knowledge of financial concepts. Demonstrated to function in complex and volatile financial environment. Proficient in use of general ledger systems to analyze company finances.
Demonstrated expectational analytical skills and specialising in providing financial insights, financial management, process enhancement, budgeting, forecasting, and providing strategic support to enable well-informed decision-making to achieve organizational goals. Skilled in fostering interdepartmental collaboration through the cultivation of strong and professional relationships with key stakeholders.
Overview
15
15
years of professional experience
Work History
Finance Business Partner
Helloworld Travel Ltd
10.2022 - Current
- Contributed to the successful completion of external audits by preparing thorough documentation and responding promptly to auditor inquiries.
- Provided expert guidance on capital structure decisions, optimizing debt-to-equity mix for long-term stability and growth potential.
- Identified personal development needs and embarked on additional training and education to optimize business outcomes.
- Developed strategic financial plans, aligning business goals with available resources and driving company growth.
- Ensured compliance with financial regulations and internal policies, mitigating risk and maintaining a strong control environment.
- Delivered timely and accurate financial reports, enabling informed decision-making by senior management.
- Streamlined budgeting processes for increased efficiency and improved accuracy in financial forecasting.
- Drove process improvements in accounting practices that reduced errors and improved the timeliness of financial reporting.
- Enhanced financial decision-making by providing accurate data analysis and insightful recommendations to executive leadership.
- Collaborated with cross-functional teams to optimize resource allocation and improve overall business performance.
- Liaised with budget holders to evaluate financial performance and offer financial management data, analysis, and advice.
- Implemented cost-saving measures through careful monitoring of expenses and identification of unnecessary expenditures.
- Mentored finance team members, fostering professional development and enhancing individual capabilities for career advancement within the organization.
- Analyzed impact of service changes and proposed cost-effective service redesign and budget adjustments.
- Analyzed financial position, investigated and reported budgetary variances and identified adjustments to facilitate month and year-end processes.
- Played an integral role in annual budget preparation by coordinating input from various departments and consolidating data into comprehensive forecasts aligned with company strategy.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Prepared monthly reconciliation of bank accounts & Balance sheet and took corrective actions on deviations.
- Identified areas for operational improvement through detailed variance analysis, leading to increased profitability.
- Supported sales initiatives through customer profitability analysis that identified opportunities for revenue growth or margin enhancement.
Finance Manager
Flight Centre Travel Group
03.2015 - 09.2022
- Reviewed documentation and identified financial discrepancies where applicable.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Increased financial efficiency by streamlining and automating financial reporting processes.
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Improved financial forecasting accuracy, utilizing advanced analytical models.
- Maintained responsive organization with sustained revenue growth through industry forecast monitoring and deliberate financial planning.
- Increased profitability by identifying underperforming investments, reallocating resources accordingly.
- Collaborated with cross-functional teams for strategic business planning and growth initiatives.
- Forecasted trends and recommended improvements based on financial risk analyses.
- Implemented risk management strategies to protect company assets and minimize losses.
- Managed multimillion-dollar budgets, ensuring accurate allocation across departments.
- Drove revenue stream development through strategic collaboration and partnerships.
- Supported mergers and acquisitions activities, conducting due diligence and valuation analysis.
- Developed strategic plans for day-to-day financial operations.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Complied with established internal controls and policies.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
- Created financial dashboards to provide insights into key performance indicators.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
Management Accountant
Flight Centre Travel Group
01.2009 - 03.2015
- Collaborated closely with external auditors during annual reviews, ensuring timely completion of audit procedures without any significant findings or adjustments required.
- Contributed to the successful implementation of a new ERP system, resulting in increased efficiency across all departments.
- Developed and maintained strong working relationships with key stakeholders, including department heads, vendors, and banking partners.
- Supported the development of strategic plans with detailed financial analysis and scenario modeling.
- Prepared thorough reports, commentaries and financial statements.
- Identified past financial trends, performed risk management and predicted future outcomes and needs.
- Developed comprehensive financial reports for senior management, facilitating effective decision-making based on accurate data insights.
- Streamlined financial data collection by implementing new software solutions that integrated seamlessly with existing systems.
- Assisted company leaders with financial decisions.
- Conducted variance analyses between actual results and forecasts, identifying areas of improvement for future budgeting cycles.
- Supported the implementation of a new financial planning tool, resulting in more efficient budgeting processes and improved collaboration between departments.
- Controlled and forecasted incomes and expenditures.
- Improved financial reporting accuracy by streamlining the month-end close process and implementing automated reconciliation tools.
- Managed a team of junior accountants, providing mentorship and guidance to ensure consistent growth in their professional skills.
- Enhanced budgeting and forecasting processes for increased accuracy, allowing management to make more informed decisions.
- Maintained integrity of general ledger and chart of accounts.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Compiled general ledger entries on short schedule with 100% accuracy.
Education
CPA
CPA Australia2021
B.Com
India1996
Skills
- Profitability analysis
- Variance Analysis
- Financial Budgeting & Budget Forecasting
- Strategic Planning
- Financial Modeling
- Financial Management
- Financial Analysis
- Critical Thinking & Decision-Making
- Team Building Leadership
- Relationship building and management
Affiliations
- CPA Australia
Timeline
Finance Business Partner
Helloworld Travel Ltd
10.2022 - Current
Finance Manager
Flight Centre Travel Group
03.2015 - 09.2022
Management Accountant
Flight Centre Travel Group
01.2009 - 03.2015
CPA
B.Com
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