BHAWANI CHAWLA
Mississauga,,ON
Summary
Dynamic finance leader with a proven track record in enhancing financial performance through strategic planning, financial modeling, and continuous improvement. Skilled in fostering client satisfaction and mentoring teams, I've driven initiatives that significantly increased efficiency and profitability. Expertise in Microsoft Excel and IBM Planning Analytics complements my strong analytical and communication abilities.
Overview
8
8
years of professional experience
Work History
Finance Manager
AMS Recruitment
Mississauga, Canada
05.2024 - Current
- Spearheaded the annual budgeting process for top American banks by establishing clear guidelines, timelines, and communication channels, facilitating smooth execution from start to finish.
- Manage a team of finance professionals, fostering their professional development through ongoing coaching and mentoring efforts.
- Increased profitability by identifying areas for cost reduction and revenue enhancement through careful evaluation of financial performance metrics.
- Optimized budget allocation by conducting a thorough analysis of departmental needs and expenses, ensuring cost-effective use of resources.
- Adoption of new financial models that increased efficiency in accounting functions while maintaining high levels of data integrity.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Supported the financial director with special projects and additional job duties.
- Monitor the budget and forecast trends, compiling reports for company leadership to inform decision-making.
Finance Manager
Fresenius Kabi
Mississauga, Canada
10.2023 - 04.2024
- Manage end-to-end business unit budgeting, forecasting, and financial analysis, while overseeing two direct reports, engaging in complex financial analysis, and contributing to the company's continued growth.
- Led the budgeting and forecasting process for assigned business units.
- Developed financial models for new business opportunities, supporting strategic expansion, and portfolio diversification.
- Identify cost-saving opportunities, and work with cross-functional teams to implement cost reduction strategies.
- Review, present, and communicate financial reports and analyses to senior leadership and key stakeholders.
- Collaborated with cross-functional teams to achieve financial objectives, and worked closely with other senior leadership of the FP&A.
- Assimilated, analyzed, and maintained records of sales and commission data through various sources; collaborated with the sales team on managing deals and resolving commission-related issues.
Assistant Finance Manager
TJX Canada
Toronto, Canada
12.2021 - 09.2023
- Provided a detailed financial analysis for Distribution Centers, continually improved existing reporting and files, and assisted in the transition of existing reports to newer, more dynamic data sources.
- Appreciated by top management for the implementation of process improvements for payroll, logistics expense, supplies, month-end journal entries, and capital requirements, increasing time efficiency by 50%.
- Presented and led monthly and weekly budget meetings for monthly reporting, budgeting, and planning to AVPs, and partnered with cross-functional teams to build relationships within the business.
- Managed major expenses for Distribution Centers, such as payroll, shunting, maintenance, etc.
- Spearheaded trend and variance analysis monthly to ensure compliance with the budget and forecast.
- Reviewed payroll, vendor payments, commissions, and other accounting disbursements for accuracy and compliance.
- Assisted in the development of long-term financial strategies, supporting overall company objectives.
- Mentored finance professionals on reports, budgets, and forecasts, as well as understanding the business better.
- Adoption and implementation of any new business change, such as new distribution centers, to embed in existing reports.
Senior Financial Planning & Analyst
Chubb Fire & Security
Toronto, Canada
01.2021 - 12.2021
- Identified and resolved issues by conducting root cause analysis using data.
- Assisted the FP&A Lead in improving and creating new measures for forecasting, and improving efficiency.
- Played a key role in coordinating business presentations (month-end close, forecasting, quarterly reviews, and planning) in collaboration with the branch managers.
- Performed weekly and monthly financial close, planning, budgeting, forecasting, reporting, and the company's financial analysis.
- Created complex financial models to understand revenue versus portfolio, standard costs, sales, and margins.
- Collaborated with senior management and stakeholders in the Annual Operating Plan development, including establishing planning timelines, targets, and key deliverables.
- Reviewed and reconciled P&L, B/S, and supplemental data with the corporate HFM system to ensure accuracy.
Financial Consultant (Transaction Deal Advisory)
KPMG Global Services
Delhi, India
11.2018 - 08.2020
- Led projects for financial modeling and analysis in compliance with IFRS and GAAP, asset management, variance analysis, financial trending, and variance analysis, synergy-oriented analysis, and regulatory and operational risk compliance.
- Performed social media analysis to assist a North American multi-store retailer, and provided suggestions for promotional discounts and increased sales staff that enhanced sales by 50%.
- Trained and mentored newly hired employees on procedures and standards to enhance performance and productivity.
- Provided financial reports and interpreted financial information to managerial staff while imparting recommendations.
- Created an automated model for a multi-industry spin-off deal, reducing the time by 50% to create KPIs' schedules.
- Built strong relationships with clients based across North America, the UK, and EMEA by delivering an outstanding customer experience, as well as assisting with SOW and creating various report templates.
Financial Analyst, Transaction Support Services
Ernst & Young Global Shared Service
India, India
03.2017 - 11.2018
- I analyzed financial data, identified key performance trends, evaluated business performance, performed forecasting, and delivered reports on key financial and business issues for global clients.
- Collaborated with the team on the automation process of report consistency checks that reduced processing time by 5 hours.
- Conferred the 'SPOT Award' for slashing loan liability by $20 million for a petrochemical client in the UK, indebted for daily operations, by shortening the DSO cycle, and billed 200 hours for the firm.
- Managed various chargeable projects efficiently that supported the increase of $10 million in the company's revenue.
- Trained and mentored newly hired employees, and performed performance evaluation reviews of employees.
Education
Cost and Management Accountant -
The Institute of Cost and Management Accountants of India (ICMAI)
01.2017
Bachelor of Commerce -
Delhi University
01.2017
Skills
- Budgeting
- Forecasting
- Variance analysis
- Strategic planning
- Monthly Financial Reporting
- Financial management
- Financial analysis
- Cost-benefit analysis
- KPI management
- Mergers and acquisitions
- Working capital management
- Financial modeling
- Continuous improvement
- Verbal and written communication
- Internal controls
- Client Relationship Management
- Employee Training
- Advanced Excel Skills
- Oracle Database Management
- SAP Software Experience
- IBM Planning Expertise
- Hyperion HFM Proficiency
- Microsoft Power BI
Languages
English, Full Professional
Professional Development
Microsoft Power BI, Beginner (self-train)
Timeline
Finance Manager
AMS Recruitment
05.2024 - Current
Finance Manager
Fresenius Kabi
10.2023 - 04.2024
Assistant Finance Manager
TJX Canada
12.2021 - 09.2023
Senior Financial Planning & Analyst
Chubb Fire & Security
01.2021 - 12.2021
Financial Consultant (Transaction Deal Advisory)
KPMG Global Services
11.2018 - 08.2020
Financial Analyst, Transaction Support Services
Ernst & Young Global Shared Service
03.2017 - 11.2018
Cost and Management Accountant -
The Institute of Cost and Management Accountants of India (ICMAI)
Bachelor of Commerce -
Delhi University
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