Santosh Sansuddi

SANTOSH SANSUDDI Financial Management & Business Controller Seeking leadership roles in Financial Management & Control within the Service industry, with expertise in budgeting, forecasting, cash management, and finalization of accounts across India and Canada CONTACT ME AT - --- EDUCATION C.A. (Inter) from ICAI in May 2001 B.Com. from L.K. Khot College, Dharwad University, Karnataka in 1999 MBA from ISBM Mumbai in 2014 COURSE Emerging CFO Course from IIM, Indore year- CORE COMPETENCIES Financial Risk Management PROFILE SUMMARY  Lead Corporate Finance Functions and streamline account consolidation processes in the Service industry for nearly 22 years.  Currently serving as Finance Head - & Business Controller at More Consumer Brands Private Limited (Formerly known as Witzig Advisory Services Pvt. Ltd.), overseeing Pan India financial operations.  Enhanced operational efficiency, optimized profits, and oversaw multi-million dollar financial portfolios.  Key Clients: Imagicaa Entertainment, More Retails Pvt. Ltd., Bhilosa Industries, Mahindra Logistic and TVS Logistic etc.  Acted as a custodian of financial planning & analysis, internal / regulatory reporting, budgeting & forecasting, AP process, cost and profitability analysis of businesses & segments  Successfully enhanced financial processes through initiatives geared towards lowering risk, heightening productivity, service excellence, revenue maximization and margin improvement and value maximization for shareholders while mitigating underlying business & operational risks  Proven capability in investigating & resolving discrepancies in monthly back accounts while under tight deadlines; excellent techno functional skills with capability to bridge Finance, Payroll, Compliance & IT and understanding of Business MI tools  Proficient in leveraging financial modeling and analysis techniques to drive strategic decision-making and optimize cash flow within the Service industry.  Achieved a 3% improvement in EBITA level at More Consumer Brands Private Limited by implementing cost control measures, resulting in substantial savings for the company  Maintained 100% compliance in payroll and labor regulations, receiving no high-risk observations from Internal or Statutory Auditors. Financial Modeling and Analysis Strategic Decision-Making Performance Metrics Analysis NOTABLE ACCOMPLISHMENTS ACROSS THE CAREER  Cash Flow Optimization  Consolidated MIS and Reporting   Compliance Regulations Spearheaded Financial Function of 10 branches in 2 regions across 6 states (Maharashtra, Gujarat, MP, Odisha, Chhattisgarh, and West Bengal). Saved Rs. 84 Lakhs in labor expenses through workforce optimization at ISS Facilities Services India Pvt. Ltd. 3% EBITA level improvement in More Consumer Brands Pvt Ltd Accuracy in payroll and complaince reporting, Zero error reporitng in Internal Audit report. Business Process Optimization Stakeholder Relationship Management Internal Control Systems Cost Management Accounts Payable & Receivable Management Internal Audit & Taxation Compliance Process Improvement Strategies Resource Allocation Techniques TECHNICAL SKILLS  Windows  MS Office (Word, Excel & PowerPoint)  ERP System and Internet Applications  Advance Excel CAREER TIMELINE May’02 – Dec’02: Finance Executive at R.N. Sheety & Co., Hubli Karnataka Jan’03 – Sep’04: Finance Executive at Goel Carriers Pvt. Ltd. Mumbai Sep’04 to Oct’15: Deputy General Manager – Finance & Business Controller at ISS Facilities Services India Pvt. Ltd. Oct'15 – Oct'19: Sr. General Manager – Finance & Business Controller at SMS Integrated Facilities Services Pvt. Ltd. Oct'19 – Present: Finance Head at More Consumers Brands Pvt. Ltd. 019 – Present WORK EXPERIENCE Oct’19 – Present: Finance Head More Consumers Brands Pvt. Ltd. (Formerly Witzig Advisory Services Pvt. Ltd.) (Group of Samara Capital and Amazon India), Mumbai KEY RESULT AREAS: Data Integrity and Reporting:  Ensuring that all financial reports have data integrity, utilizing the MicroStrategy reporting tool to expedite root cause analysis by report analysts.  Investigating and resolving all financial report questions for both Hyperion and Crystal Reports. Financial Systems Implementation and Maintenance:  Partnering and implementing the Hyperion Financial Management Consolidation System to streamline financial consolidation processes.  Collaborating with key peers to ensure that data integrity is maintained in multiple reporting systems. Compliance and Audit Support:  Ensuring accuracy of Sarbanes Oxley (SOX) flowcharts and documentation for key controls to both internal and external auditors.  Maintaining compliance with regulatory requirements and facilitating audit processes. Employee Development and Team Building:  Fostering employee development and organizing multiple community and corporate activities to promote teamwork and collaboration. Financial Analysis and Reporting:  Conducting financial analysis and reporting to executive management, actively working with strategic business units to ensure accurate and value-added analysis.  Communicating and reporting variances on the income statement and balance sheet through several reports. Treasury and Risk Management:  Performing financial analysis and entering into spot and forward contracts to hedge foreign currency exposure for the company, working closely with senior management and the Treasurer.  Conducting EBIT variance analysis and consolidating estimates and annual operating plan data. Payroll and Complaince  Managing payroll processing for a diverse workforce, ensuring accurate and timely disbursement of salaries, bonuses, and benefits.  Implementing robust compliance measures to ensure adherence to labor laws, tax regulations, and company policies, reducing the risk of legal penalties and financial liabilities.  Conducting regular audits and reviews of payroll records to identify discrepancies, resolve issues promptly, and maintain data integrity, fostering transparency and trust among employees. Oct’15 – Oct’19: Sr. General Manager – Finance & Business Controller SMS Integrated Facilities Services Pvt. Ltd. (Group of Samara Capital), Mumbai KEY RESULT AREAS:  Spearheading the financial function on a pan-India scale, driving strategic initiatives to optimize fiscal performance.  Providing strategic financial advisory services to assigned business units, leveraging insights to drive informed decision-making and achieve organizational goals.  Leading and managing a high-performing team of 30 accountants and finance professionals within the Finance Department, fostering a culture of excellence and collaboration.  Overseeing the preparation and maintenance of accounting spreadsheets, financial reports, statements, and projections, ensuring accuracy and compliance with regulatory standards.  Managing all aspects of taxation and audit, implementing effective strategies to minimize tax liabilities and ensure regulatory compliance.  Developing comprehensive short-term and long-term budgets, as well as preparing forecasts to support organizational planning and financial stability.  Monitoring and analyzing monthly operating results for each department, including cost analysis and margin evaluation, to identify opportunities for improvement and cost optimization.  Ensuring strict adherence to legal, government, and company regulations, mitigating risks and maintaining organizational integrity.  Supervising the preparation of Management Information System (MIS) reports and other financial statements to facilitate critical decision-making processes. HIGHLIGHTS:  Managed operational projects, driving cost reductions and boosting profitability.  Led financial operations, advising on business strategies and financial modeling.  Developed and implemented SOPs for cost recording and analysis, improving P&L insights.  Aligned financial, strategic, and operating plans for resource optimization and growth.  Built a high-performance finance team to strengthen controls and drive growth.  Implemented analytics tools for data-driven decision-making.  Achieved 1% margin improvement through cost control measures.  Implemented new COA and P&L format during company transition.  Introduced Cost Centre Concept accounting for enhanced cost management and micro level reporting Sep’04 to Oct’15: Deputy General Manager – Finance & Business Controller ISS Facilities Services India Pvt. Ltd., Mumbai and Pune Growth Path Sep’04 – Aug’07: Sr. Accounts Executive  Sep’07 - Dec’10: AM – Finance  Jan’11 – Mar’12: Manager  Apr’12 – Mar’13: Sr. Manager  Apr’13 – Mar’14: AGM – Finance  Apr’14-Oct’15: GM - Finance KEY RESULT AREAS: Financial Leadership:  Managed a team of 15 Accountants and Finance Professionals in the Finance Department.  Provided strategic financial advisory to assigned business units.  Oversaw matters related to taxation and audit. Budgeting and Analysis:  Created short-term and long-term budgets and prepared forecasts.  Monitored and analyzed monthly operating results for each department, including costing and margins.  Implemented new COA with new P&L format in Company transition phase.  Implemented and created Cost Centre Concept accounting. Regulatory Compliance and Reporting:  Ensured strict compliance with legal, government, and company regulations.  Monitored the preparation of MIS reports and other statements to assist critical decision-making.  Conceptualized, developed, and implemented SOPs on recording and capturing costs, enabling Standard vs. Actual variances for regional analysis of monthly P&Ls. PREVIOUS WORK EXPERIENCE Jan’03 – Sep’04: Finance Executive at Goel Carriers Pvt. Ltd., Mumbai May’02 – Dec’02: Finance Executive at R.N. Sheety & Co., Hubli Karnataka SOFT SKILLS Negotiation & Conflict Management Visionary and Decision Making Team Building & Interpersonal Skills High Business Ethics & Trustworthy Analytical Problem Solving Leadership and Delegation PERSONAL DETAILS Date of Birth: 2nd December 1977 Languages Known: English, Hindi, Kannada & Marathi Present Address: Flat No. B/3- 202, Lunkad Daffodils, Viman Nagar Last Bus Stop, V. Nagar, Pune – 411014 Passport Details: M-; Validity till 11/09/2033