Rita Khatri

Achieved Targeted Revenue for the past 2 consecutive years by streamlining Revenue Recognition Framework as per IFRS15. Reported Performance and recommendations to senior management for improvements that lead to cost reduction, Revenue generation, improved working capital, minimized DSO and optimized Cash collections. Implemented Financial reporting automated in PowerBi to improve efficiency and quality of reports. Worked closely with the Business leadership, Project & Commercial teams to formulate the business's medium to long term financial and strategic plan which included monthly rolling P&L, BS & CF forecasts and annual budgeting. Prepared and presented Performance, Management, Forecast deck and KPI Metrics reports. Reviewed and approved business cases for the new project and budget spends. Assisted Commercial team in costing and pricing to prepare proposals for projects at bid stage.

Managed a team of Accountants to report Performance, suggested corrective actions to CEO to improve Revenue & CF for the company. Conducted monthly reviews with Project Directors to accurately track project spend within budget, documentation for Revenue recognition and accuracy of Forecast. Conducted and prepared supporting for quarterly/yearly audits. Successfully streamlined the processes to improve resource cost allocation by implementing Time & Labour mechanism.

Successfully managed a team of Accountants to prepare and review Financial Statements, Receivables, Payables, Treasury and monthly account reconciliations. Analyzed, interpreted, and provided commentary on financial results/operating performance to Business Units, and provided guidelines or recommendations related to growth and cost control opportunities. Developed the necessary tools to strengthen the budgeting process for costs, orders, sales, working capital and capex. Structured business strategies and macroeconomic risk scenarios into excel models to predict new originations, revenue, and costs. Ensured the monthly and quarterly business review decks are prepared with thorough analysis and presented to the FP&A lead along with recommendations for gap closure.

Proved ability to improve operations, impact business growth & maximize profits through achievements in finance management, cost reductions, internal control and productivity improvements. Assessed the economic viability of a proposed projects by evaluating the startup costs, operating expenses, cash flow and making a forecast of future performance. Formulated annual budgets of overheads and expenses and conducting variance analysis. Prepared accounts, division wise analysis, cash flow, project margin analysis, costing reports, AR dashboards and financial models.

Assisted Financial Reporting team at Global level to prepare monthly review of financial results including the interpretation of performance compared to Plan, Prior Year, and Outlook. Monitored and analyzed revenue to ensure proper revenue recognition methods used, be able to explain key project indicators. Managed the overall GTO Financial Planning process for around 4000+ IT projects, including their Financial Assessment, Reporting the status of issues and completion, and ensuring all projects are setup correctly and good for execution and billing.