Abhinav Choudhary
Vice President @ Deutsche Bank
About
Proactive and achievement-oriented professional with over two decades of diverse experience in managing Finance & Accounting Processes (Account Reconciliation, Closing & Reporting,, R2R, FP&A) Sourcing and buying operations (P2P, PR/VRM/TPRM Compliance, Contract Management, Spend/Invoicing Review) Financial Due Diligence for Mergers and Acquisitions across diverse industries Skillful in reviewing existing processes and leading the implementation of systems aimed at enhancing process and operational efficiency of the organization. Engaging stakeholders effectively to drive operational success. • Managed global stakeholder relationships, ensuring alignment with business requirements, and fostering strong partnerships for operational success. • Fostered talent development and ensured the seamless delivery of services for the global business, which included overseeing vendor and intercompany payments • Successfully mentored, motivated and developed people in cross-cultural environment towards growth and success in the organization; created a clear & compelling view of future through coaching and execution.
India
Pune District
Financial Services
Contract Negotiation, Order Management, Vendor Relations, Operations, Analytical Skills, Interpersonal Skills, F&A, Category Management, Supplier Management, U.S. Generally Accepted Accounting Principles (GAAP), Invoice Processing, Stakeholder Engagement, Process Transformation, Global Client Management, Strategic Thinking, Conflict Resolution, Communication, Data Analytics, Year-End Close Process, Fixed Price
Experience

Vice President
India
As Global Co-Head (Sourcing & Buying Operations) (2018- Till Date) • Instituting & executing high-level operational strategies, making high-stakes decisions, and overcoming complex business challenges using experience-backed judgment, strong work ethics and irreproachable integrity. • Managing the spend review of EUR 1.2 billion based on vendor-provided invoices to ensure accurate billing. • Spearheading consumption management for 100+ global contracts, overseeing vendor management, PR-PO budget compliance, spend review, and invoice validation. • Ensuring PR compliance by verifying all relevant checks, such as VRM ID, TPRM ID, and contract mapping, to maintain NPNP compliance. • Identifying & implementing strategies for building team effectiveness by promoting a spirit of cooperation between team of 5-6 AVP’s (overall 40 members). As India Site Lead/ Head P2P AP & Payments Lead (2014- 2018): • Functioned as the Head of Procure to Pay (P2P), played a pivotal role in managing the delivery organization. • Directed team focused on executing and improving payment processes, ensuring efficiency, quality, and compliance. • Fostered talent development and ensured the seamless delivery of services for the global business, which included overseeing vendor and intercompany payments totaling EUR 23 billion across over 1 million invoices. Collaborated with: • Subject Matter Experts to drive continuous improvement efforts, such as preventing duplicate payments, enhancing on-time payments, and shortening cycle times. • Senior stakeholders globally, regularly reporting on performance against desired service levels at governance forums and updating on the progress of remediation plans.

Operations Manager
Gurgaon, India
• Conducted financial due diligence for public/private companies, prepared quality of earnings reports, and performed complex financial analysis for M&A transactions. • Analysing detailed financial statements, conducted equity research, and prepared comprehensive research reports for clients in the oil and gas sector.

Operations Manager
Bengaluru, Karnataka, India
Key Result Areas: • Created a vision and executed a successful transition process. • Led due diligence projects for target companies, analysed financial statements, and prepared detailed research reports for clients in the financial services sector. • Managed equity research, analysed financial data, and prepared comprehensive reports for clients to support investment decisions.

Assistant Manager
Jaipur Area, India
Key Result Areas: • Ensured effective creation of plan for managing change. • Engaged in determining organizational readiness and risks for effective process transitions. • Managed account reconciliation for GE Europe, closed and reported financial schedules, and conducted monthly and quarterly balance sheet analysis. • Maintained quality relations with clients, interacted with CFOs, and ensured accurate financial reporting for medium to large-scale firms.
Abhinav Choudhary's Contact Information
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