Saurabh Bansal

Finance Business Partner for BillPay product under Commercial and New Payment Flows (CNPF) vertical.

Finance Business Partner for $150 million Technology BU division. • Budgeting and Partnering: Responsible for creating budgets, monthly rolling forecasts, variance analysis for expenses across division. Partnering with executive and senior management on key financial performance drivers and business performance. • Strategic Cost Optimization: Led a project to reduce/eliminate vendor costs of $20M by building in-house solutions. Developed comprehensive business case documents for CFO and collaborated with senior leadership to implement cost-saving initiatives successfully. • Decision Support: Offering data-driven insights and financial modeling to assist leaders in making informed business decisions. • Scenario Planning: Developed "what-if" analyses to evaluate financial impacts of hiring strategies and other critical business decisions. • Standardization & Automation: Created automated, standardized reporting templates for month-end close, stakeholder reporting, analysis dashboards using advanced excel and Power BI resulting in enhanced accuracy and efficiency.

Part of a a Global Leadership Development Program centrally managed from Germany where the team works on different projects ranging from project and financial management and accounting to business operations, regulatory requirements, etc.

1) Strategized an NBFC's debt collection process facing high NPAs. The approach included obtaining an in-depth understanding of the company's processes around debt recovery, extensive data analysis, and evaluation of industry and market trends and recommending changes. 2) Collaborated with university management to address leakages in payroll processing of Non-CTC components, leveraging comprehensive financial analysis and data review to propose effective process enhancements and recommendations. 3)Discovered unauthorized discrepancies within historical unclaimed distributor recharge balances at a listed telecommunications Company, leading recovery and process enhancements. 4) Conducted an investigation for a leading fintech startup, uncovering allegations of misappropriation of funds and gross negligence by the Co-founder & MD. 5) Helped Government of Singapore in acquisition of a road construction Company by evaluating the Company’s financial statements with focus to identify potential cases of corruption/bribery and recommending improvement plans. 6) Performed multiple forensic investigations for Companies which involved unearthing fraudulent transactions and fraud schemes along with determining involvement of stakeholders in unethical activities such as receipt of vendor kickbacks, falsification of company records, engaging in situations of conflict of interest. 7) Conducting discussions with C-Suite executives and preparation of end-to-end management reports.

Below mentioned points captures the experience gained during my tenure in PwC Assurance - 1) Formulated audit plans and programs for various types of audits, including Statutory audit, Tax audit, Group reporting, special purpose audit, and Internal Control over Financial Reporting, ensuring adherence to auditing standards, guidelines, and regulations. 2) Ensured that the financials reflected a true and fair view of the business transactions, providing valuable insights and recommendations to clients for improving their financial control and risk management. 3) Conducted Variation Analysis and ratio analysis of financial statements providing valuable insights and recommendations. 4) Conducted audits of crucial areas of financial statements including Deferred tax, tax provisioning, Related party, Inventory, Tax Litigations, Revenue, PPE, Actuarial, and payroll, ensuring accuracy and completeness of financial statements. 5) Conducted Internal Financial Control Review (IFC) engagements with a focus on identifying financial and operational design gaps, resulting in improved financial control and risk management. 6) Coordinated with other verticals within the firm and incorporated their suggestions from time to time, ensuring a collaborative approach to audits and leveraging the expertise of other teams within the firm. 7) Demonstrated exposure to working in different industries including Media, Education, Paints, FMCG, Publishing, Pharma, Construction, Steel, Telecommunication, NBFC, etc., providing a breadth of experience and knowledge to clients.

Cleared all levels in first attempt.