Vivek Hebbar
Finance Performance Analyst
Summary
Background exemplifies 8+ years of experience in commercial property, specializing in NOI/capital expenditure management, budgeting & forecasting, leasing analysis, asset and investment planning. An advocate for leading change, process improvement and driving efficiency through simplification and knowledge sharing. Excellent leadership and organizational skills; strong stakeholder management ability with commercial acumen and able to collaborate concisely with all levels of management. Consistently advanced to positions with higher responsibilities and currently seeking to leverage management and leadership skills to drive business further.
Overview
8
8
years of post-secondary education
11
11
years of professional experience
Work History
Finance Performance Analyst
Dexus
Sydney, NSW
06.2018 - Current
- Business partnering with head of portfolios, asset management, leasing team, valuation and funds by providing analytical support
- Managing NOI and AFFO for portfolios across Sydney, Melbourne and Brisbane Office markets
- Leading capital expenditure plan, budgeting and forecasting across all markets and funds
- Leasing deal analysis, scenario modelling, sensitivity analysis and making recommendations aligning to fund strategy
- Reporting on key metrics (Occupancy, WALE, re-leasing spread, AFFO yield), fund reporting, capital expenditure reporting on a monthly basis
- Managing internal Dexus management fee forecasting, specifically leasing fees, capital expenditure fees and project management fees
- Coordinating asset and investment plan along with other finance partners and asset management
- Driving continuous improvement of processes, simplifying reporting, team building by leading and managing change
Management Accountant, Developments
Dexus
Sydney, NSW
12.2016 - 06.2018
- Business partnering with development managers and development analysts in running of the monthly forecasting process and cashflow management
- Monthly management reporting, accrual management and balance sheet reconciliation for all development assets across all markets and funds
- Partnering with property analyst ensuring accurate leasing modelling, income and incentive projections
- Developing post implementation review against feasibility and management of development fees and capitalized interest
- Due diligence and feasibility review on all office and industrial acquisitions, Disposal & Acquisition accounting for all internal and external transactions
- Analyzing financial performance and financial position of prospective tenants, due diligence, key financial ratios analysis and making recommendations.
Commercial Finance Manager
Regus
Sydney, NSW
06.2013 - 11.2016
- Driving commercial outcomes and profitability across all ANZ centres and providing analytical support to portfolio managers and senior management
- Budgeting and forecasting for ANZ operations including target setting at business unit level
- Analyzing monthly financial performance and provide commentary and recommendations to senior management
- Financial trend, cost, and revenue analysis at a business unit level, drive performance to align with business expectations.
- Reviewing IC packs alongside business development team for new projects and acquisitions
- Managing monthly, quarterly and annual indirect tax requirements such as GST, NRWT, FBT and payroll tax
- Training and knowledge sharing with centre teams and provide commercial acumen to drive profitability.
Accountant
Omnilab Media
Sydney, NSW
07.2010 - 06.2013
- Preparing monthly management reports, sales analysis packs, and balance sheet reconciliations.
- Analyzing monthly P&L and providing commentary to senior managers
- Preparing and lodging PAYG, GST, payroll tax, superannuation, FBT, annual workers compensation and other compliance on a monthly basis
- Maintaining of fixed asset register and depreciation schedule on a monthly basis
- Assisting Financial Controller in preparation of budgets, forecasts and monthly re-forecasting
Education
Graduate Diploma of Chartered Accounting -
Chartered Accountants ANZ
07.2014 - 11.2018
Masters of Accounting -
Macquarie University
08.2006 - 11.2009
Skills
Budgeting & Forecasting
Advanced Excel
Advanced Analytical Skills
Capital expenditure management
Business Partnering
System skill: TM1, Yardi, Argus, JDE
Process improvement & Change management
Project management
Team leadership and coaching
Accomplishments
- Driving initiative for leading change and continuous improvement - Designing TM1 driven dashboard reporting for leasing fee, capital expenditure fee forecasting. An interactive tool to consolidate multiple reports into a concise dashboard providing valuable insights to management at Dexus
- Continuing to drive change by being a SME for capital expenditure migration program from existing system to Yardi( Construction manager) - Designing custom reporting alongside Yardi for more automated reporting solutions and its implementation at Dexus
- Influencing and designing a process workflow for conducting tenant due diligence, financial ratio analysis and bank guarantee -A process to effectively minimize the risk of income loss and downtime for Dexus
- Leading a major procurement project and achieving significant cost efficiencies for Regus sites nationwide. Efficiencies achieved through centralization of service providers through economies of scale.
- Reducing aged debtors balance from $5m down to $250k through operational efficiencies, automation and centralization of processes at Regus
- Turning six non-performing centres from loss making to breaking even - Achieved EBIT growth of 5% over a 18 month period.
References
Provided upon request
Timeline
Finance Performance Analyst
Dexus
06.2018 - Current
Management Accountant, Developments
Dexus
12.2016 - 06.2018
Graduate Diploma of Chartered Accounting -
Chartered Accountants ANZ
07.2014 - 11.2018
Commercial Finance Manager
Regus
06.2013 - 11.2016
Accountant
Omnilab Media
07.2010 - 06.2013
Masters of Accounting -
Macquarie University
08.2006 - 11.2009