Syed Nayeem

 linkedin.com/in/syed-nayeem-56282a106 Date of Birth:- Professional Summary: As a Project Finance Manager, I bring over seven years of experience in expertly overseeing financial transactions & reporting, as well as project management with exceptional results. My collaborative approach is complemented by a proven track record of effectively training and coaching staff members to achieve outstanding outcomes. I am confident, team-oriented and skilled in decision-making. Additionally, I possess proficiency in various ERPs like SAP, Oracle, Syteline and MS Excel. Currently I am preparing for PMP exams for better understanding of Project & Portfolio. Objective: Highly motivated and results-driven Finance Professional with a strong background in forecasting, planning, and financial modeling. I am eager to contribute my expertise in financial analysis and reporting to drive strategic decision-making and support business growth. Seeking a challenging position where I can leverage my analytical and collaborative skills to make a meaningful impact. Skill Set P2P & O2C end to end cycle Financial Planning, Analysis and Reporting KPI reporting & Performance Review Collaborative Stakeholder Management Budgeting and Resource Allocation Revenue Recognition Project Management Process implementation & Improvement Tools Used: SAP, Oracle (GFIS, Net suite), ServiceNow, OnyxPro, Syteline, Mercury, IQN Work Experience: Project Manager-Finance Peel-Works Private Limited May 2022 –May 2023 (1 Year) Location: Bangalore, India Tools Used: ServiceNow, SAP Team Handling Oversaw the team's KPIs to ensure optimal performance and productivity. Ensured accurate booking of costs and income to the correct GL and project codes. Ensured SLAs are Maintained and promptly responses made to queries within deadlines. Recognized revenue in a timely manner and properly booked it to respective accounts. Tracked unbilled accounts and accurately approved to raise accruals. Program/Portfolio Finance Partnering Collaborated with PLMs to oversee financial management, including LE, budget, and actual tracking Own the end-to-end forecasting and planning process, collaborating with key stakeholders to drive business performance and optimize resource allocation Executed effective Variance Management strategies Tracked resource costs and implemented a Project Finance tracker Prepared Bank Reconciliation Statements by accurately reconciling cash application data in ERP system Project Partnering Successfully managed end-to-end project and program activities Skillfully handled resource management tasks including on boarding/off boarding and timesheet management Successfully managed vendor relationships to ensure project success Conducted assurance audit to review project delivery framework compliance Proficiently initiated and closed projects via Service Now Maintained SharePoint and documentation to ensure accurate and up-to-date project information Reporting & Analysis Preparing Project Status Report highlighting the status of projects, resources, and demands, as well as key risks and issues Advice to PMs regarding the creation of Change Requests Prepare monthly MIS reports that provide high-level overviews of financial statements to Business Leads. Process Improvement Idea: Developed a Smart Report utilizing dashboards and Excel to create monthly project status Modified the portfolio structure to improve understanding of project operations Implemented several quality checks to guarantee that financial transactions are appropriately documented Team Lead – Finance SKY Nation Feb 2021 –April 2022 Tools Used: Oracle (NetSuite) Location: Muscat, Oman Responsibilities – Account Receivables (O2C), MIS Reporting & Team Management Global Billing: Raising daily bills for clients based on service details provided by the Business Team and open sales orders. Approving full and partial credit notes as required by the client and business. Conducting quality checks on bills before sending them to clients. Ensuring that invoices are sent within SLA and that open sales orders are closed on time. O2C Collection: Reviewing reports on collection and overdue invoices on a daily, weekly, and monthly basis. Managing any customer escalations and scheduling calls with customers to address any issues that may arise. Making sure to regularly follow up on any overdue invoices and taking necessary action with unresponsive clients. Cash Application: Making sure that Electronic Funds Transfer and check deposits are correctly applied to their corresponding invoices in Net Suite. Liaising with clients in the event of any discrepancies in payments received. Verifying payments by downloading bank statements and remittance details. Financial Reporting: Extracting Customer master data from Netsuite to ensure the bills are raised accurately against the service agreement. Extracting GL and WBS report from Netsuite to ensure all the bills are raised and booked in correct GL and WBS element. Reconciling accrual GL entries with unbilled tracker to ensure revenue is recognized on time. Sending balance confirmation emails to clients and getting approvals from them on period close. Preparing a Bank Reconciliation Statement using Net Suite to ensure proper application of payments. Preparing and presenting MIS reports to management at the end of period closures. Team Management: Organizing team meeting on a daily and weekly basis. To Prepare goal sheet of individuals based on there roles and responsibilities. To hire resources based on the required skill set and allocate them accordingly. To prepare a plan for cross training and ensuring that each individual has a knowledge about the end to end process and business. To monitor the team time sheets and approving scheduled leaves. Preparing KPI report to track individual performance. Process Improvement Idea: Developed a macro to prepare Daily collection report with the help of IT Team Gave an idea for ERP modification to update collection activity & payment dates in Net Suite Developed a macro to create Customer level Statement of Accounts. Advance Finance Analyst EY GDS LLP January 2018 - Feb 2021 (3 years) Location: Bangalore, India Tools Used: SAP Overview: As a member of the Global Finance team, I was responsible for the internal O2C process for the EMEIA region. Responsibilities – Accounts Receivable (O2C) & Financial Reporting Creating and maintaining engagements (codes) to track project cost Raising monthly, quarterly, semi-annual, and annual invoices of IT and non-IT services delivered to various EY entities Ensuring that bills are raised from and to the correct project and GL code Raising full and partial credit memos Manually tracking unbilled invoices to ensure revenue is recognized on time and that they are removed off the unbilled tracker Ensuring that accruals are recorded on time by the GL Team Ensuring cash is collected on time and follow up with the member firms for overdue invoices Following up with entities for outstanding invoices and ensuring that payment is received on time Applying cash against the remittance received after verify the credited amount in the bank statement Handling escalation and provide resolution Prepared Mont-end and year-end reports (Aging report, unbilled report, Balance Confirmation emails, unapplied cash report, open invoices report, overdue report) for smooth closure Played vital role in mercury (SAP) deployment along with implementation of RPA for raising invoices Process Improvement Idea: Prepared & Modified various excel VBAs such as Automated Support Creation Collaborated with Automation team to setup RPA BOT for raising bills Created Excel VBA for pdf and excel merger and renaming multiple excel files Finance Associate EXL Services Jun 2016 - Jun 2018 (2 years 1 month) Location: Bangalore, India. Tools Used: Syteline, Oracle Overview: A member of the accounts payable and receivable team, responsible for client projects in the United States, the United Kingdom, and Canada. Accounts Payable Activity: On-time indexing and processing of invoices (PO and non-PO) Daily review of bills processed by the team. Responding to vendor inquiries about payments and invoices. Creating the Vendor Reconciliation Statement (VRS). Weekly ageing analysis of held invoices and client follow-up. Accounts Receivable Activity: Adding new customers to ERP. Following up with the clients for open/overdue invoices Downloading reports from the bank's website. Accepting wire transfers, lock boxes, and credit cards. Reporting Activity: Weekly invoice ageing and client work report preparation Assist in the preparation of monthly and quarterly reports. Creating a report on the service-level agreement (SLA). Education: National school of business Master of Business Administration (MBA), Accounting and Finance (2014 – 2016) The New College (Autonomous) Bachelor of Commerce (B. Com), Commerce (2011 – 2014) Declaration: I hereby declare that the information given here is true to the best of my knowledge. Syed Nayeem