Ca Shashank Omar

CA SHASHANK OMAR-- Bengaluru, India https://www.linkedin.com/in/shashank-fca-fmva-cs/ Finance & Accounts Leader (CA/CS/ACCA) | Finance Transformation | R2R Expert | CFO Advisory PROFILE SUMMARY Dynamic finance leader with over 12+ years of experience in driving end-to-end operations and transformation projects in the financial & accounting domains across diverse industries such as NBFC, healthcare, manufacturing, etc. Expertise in supporting finance and technology for optimising finance functions like R2R, O2C, P2P, FP&A, controls, compliance, GAAP reporting, audit, MIS, etc., to enhance business performance, leveraging ERP systems and process automation. Adept at delivering data-driven insights, facilitating strategic decision-making, and driving operational excellence through innovative solutions, collaborative leadership and fostering stakeholder alignment. FINANCE TOOL-STACK, SKILLS AND CORE COMPETENCIES ERP Tools (SAP FICO, Oracle Fusion Cloud, E-FIMO, Tally ERP 9, Zoho Books) | Blackline | Gen AI | Power BI | Finalyzer | Smartsheet | MS Office Suits (Power Point, Excel) | OneDrive | SharePoint | Banking APIs | Compliance Tools Communication | Analytical problem-solving | Negotiation | Adaptable | Team Management/work | Digital Finance-first | Operational excellence | Persuasion | Leadership | Trusted advisor | Financial storyteller | Critical thinking | Business acumen Working Capital & Liquidity Management IFRS, GAAP, Reg/Secretarial Compliance Financial Due Diligence/ Modelling Internal Controls (RCM, IFC, SOX) FinOps Global Compliance, Ethics Business Process Definition/ Blueprint Project/ Process/ Change Management Financial Planning & Analysis (FP&A) Tax, Treasury, Budgeting, Forecasting Valuation, Pricing, Variance, KPIs MIS, Performance & Strategic Reporting Digital Finance Transformation Process Reengineering & Internal Controls ERP Implementation & Data Visualisation Business Acumen, Planning, Data Analytics Stakeholders/Investors’ Management Financial Accounting, Close & Reporting Cost Control and Financial Management PROFESSIONAL EXPERIENCE Consultant R2R, F&A Capability LeadOct-22 - Present (2.5+ years) Company: Thoucentric Technology Pvt Ltd. (Techno-Functional Consultancy, Bengaluru) Client: Jindal India Ltd. (Steel Manufacturing) and Avanse Financial Services Ltd. (NBFC) Led a finance transformation initiative, optimising reporting, through ERP redesign, enhancing process efficiency Designed and implemented KPIs and interactive dashboards, delivering actionable insights for strategic decision-making Managed end-to-end Oracle Fusion Implementation, bolt-on solutions, overseeing requirements, design, testing, and rollout Streamlined month-end closing through automations and system integration (LMS, HRMS, VMS, and payment gateway) Developed Proof of Concept (POC) for automating variance/flux analysis in CPG industry clients Provided functional support for R2R, O2C, P2P systems redesign, cross-functional collaboration to implement solutions Enhanced FP&A capabilities through financial visualisation tools, minimising manual efforts & improving decision-making Automated financial models, deploy tech-stack and adaptive Insights for financial planning and expertise Advised clients on financial technology enablement, strategies and optimising business models to drive growth & efficiency Facilitated stakeholder workshops, driving consensus on future state processes through target business model optimisation, process documentation (RACI/SLAs), and business use cases for Go-To-Market (GTM)/Pre-sale strategies. Impacts & achievements – Delivered the fastest Oracle Fusion Cloud ERP implementation (Phase 1 in 6 months), in collaboration with Deloitte (SI Business Partner), enhancing financial data models and reporting accuracy. Led SAP FI-CO RFP redesign process, resulting in a 20% improvement in reporting efficiency. Manager Finance and Accounts Feb-21 – Sep-22 (1.6 Years) Company: Stemz Healthcare Pvt. Ltd. (Healthcare, UAE/ India) Led E2E finance operations, statutory filings, and compliance, ensuring timely month-end closure activities Developed an automated Accounts Payable (AP) process, using Tally ERP-9 and banking APIs Supported financial audit of internal processes and compliance as per regulatory guidelines Enhanced performance reporting through value-driven insights, contributing to improved profitability Implemented SOPs for accounts, audit, and compliance, enhancing operational efficiency in R2R, O2C, and P2P processes Impacts & achievements – Reduced manual errors by 40% by automating OTC, RTR, PTP, ATR, Payroll processes Financial Senior Wholesale Accountant Oct-18 – Jan-21 (2.2 Years) Company: CNH Industrial Capital India Pvt Ltd (NBFC, Gurgaon) Streamlined financial reporting and SOX compliance under SAP-based shared service Centre of Excellence (COE)/GCC, aligned with global policies and standards and collaborated with cross-functional teams Assisted the CFO in ad hoc reporting and managing corporate finance functions Handled RBI reporting and streamlined statutory, internal and regulatory compliance Supported global reporting by generating quarterly Oracle-based financial reports using the Blackline Assisted in pre-& post-month close activities, budgets and rollover forecast for global supplementary reporting Collaborated with global teams for consolidating finance operations to optimise shared service capabilities Impacts & achievements – Ascended finance and accounting operations for the firm from startup to enterprise level – Improved reporting accuracy through compliance automation Manager Finance & Accounts and Deputy Company Secretary Feb-15 – Oct-18 (3.7 Years) Company: NCML Finance Pvt Ltd. (NBFC, Mumbai/Gurgaon) Supervised month/year-end closing, statutory reporting, audits and Corporate Governance compliance with Big4 auditors Implemented a new ERP tool (e-fimo) in the workstream, which led to better management of resources and timelines Managed Stakeholders’ relationships with auditors, banks, investors and Board of Directors/CXOs/CFO Monitored purchase, receivable, and Intercompany transactions, policies, and procedures, and regulatory compliance Presented financial results, forecasts, and board agenda items in the Board/Management committee meetings Managed the finance team and fostered a high-performance culture through mentorship and coaching Impacts & achievements – Reduced financial closing timelines and improved efficiency through process automation Reduced inefficiencies in processes by 30% through automation and validation techniques Manager- Accounts May-14 – Oct-14 (0.5 Year) Company: JAK Group (Leather Manufacturing, Gurgaon) Prepared and analysed the financial statement (balance sheet, profit and loss, and cash flow statement) in Tally ERP. Streamlined day-to-day accounting, ledger scrutiny, other financial aspects and controls Remediated revenue leakage through Reconciliations and optimisation of Cash/Fund Flows Assistant Manager - Accounts and Finance Jun-13 – Apr-14 (1 Year) Company: BLS International Services Ltd. (Foreign Diplomate Service, Delhi) Oversaw financial due diligence, general ledger (GL) accounting, book closures, and P2P/O2C/A2R processes Led cost control initiatives, optimising P&L variances and achieving a 40% cost reduction through financial analysis Managed financial audits, reconciliations, and MIS reporting, enhancing strategic planning/thinking, goals/decision-making PROFESSIONAL DEVELOPMENT AND CERTIFICATIONS Chartered Accountant (CA) – ICAI, India Nov 2012 Company Secretary (CS) – ICSI, India Jun 2015 Financial Modelling & Valuation Analyst (FMVA) – CFI Aug 2020 ACCA P2 – Strategic Business Reporting (SBR) – ACCA, UK Dec 2018 ACCA P1 – Governance, Risk & Ethics (GRE) – ACCA, UK Mar 2018 DipIFRS & Ethics & Professional Skills Module (ESPM) – ACCA Mar 2020 Diploma in US Corporate Law & Tax Compliance – Lawsikho May 2025 NCFM Level 1 Certification – NSE Jul 2015 BCom – CSJMU, India Mar 2010 Active Member of CFO Advisory Networks & Finance Leadership Forums