Simanta Kumar Sahoo
Chartered Accountant || Financial Planning & Analysis || Budgeting & Forecasting || Financial Reporting || Project Management|| IndAS-IFRS || Financial Controller & Analyst || Strategic Management|| Logistic Supply Chain
- Role
- Business Manager at HCLTech
- Location
- Bengaluru, KA, IN
- LinkedIn followers
- 500 followers
About Simanta Kumar Sahoo
Performance-driven finance professional with over 11 years of rich and extensive experience in Business Partnering, Financial Planning & Analysis (FP & A), Financial Reporting, Corporate Finance, Treasury & Working Capital Management, Project Management, SAP/ERP Implementation, Transfer Pricing, Commercial Portfolio Management (CPM), and Strategic Decision Support across Manufacturing and Service MNCs.• Preparation of Monthly/Annual Financial Statements(Balance sheet, P&L Account, Notes to accounts and other reports) as per IGAAP and IndAS.• Controller of MIS reports like Business Review Report, Analytics reports, Monthly Working Board Report and other Financial reports• Key member for the preparation and analysis of Financial Budgeting and Forecasting activity• Adroit in conducting Internal/Statutory Audits with critical analysis of each caption of financial statements• Timely review and implementation of Internal Control Systems, preparing key reports to exercise financial control and enhancing overall efficiency of the organization• An effective communicator with excellent analytical and leadership skills• Immense ability to maintain confidentiality of information• Strong motivator and ability to do the work before the deadlineSpearheaded the transition of FP & A operations from New Zealand to India, earning recognition from the CFO and achieving OPEX savings of 50 million NZD without impacting staff costs.•Implemented ERP-SAP automation, reducing manual reporting by 30%, improving accuracy, and enhancing decision-making.•Successfully led treasury and working capital management initiatives, optimizing liquidity and reducing cash conversion cycles by 25 days.•Played a key role in global M&A and due diligence projects, representing the India team and supporting strategic investment decisions with ROI, NPV, and IRR analysis.•Developed and executed strategic financial plans for new business development, including market sizing, pricing strategy, sales forecasting, budgeting, and cost-benefit analysis.•Delivered operational excellence by achieving cost savings of ₹100 crores per annum through outsourcing initiatives, procurement optimization, and process reengineering.•Oversaw corporate taxation and transfer pricing compliance, independently closing 95% of cases and contributing to robust governance frameworks.•Led commercial, procurement, and supply chain initiatives, optimizing operational costs by 15% and improving profitability through strategic planning and stakeholder collaboration.
Experience
Business Manager
Jan 2026 — Present
Education
The Institute of Chartered Accountants of India
CA, COMMERCE
Eastern Institute For Integrated Learning In Management
MASTER OF COMMERCE, COOMERCE
2010 — 2012
Skills
- Financial Reporting
- Microsoft Office
- Customer Service
- Financial Accounting
- Mis
- Internal Audit
- Management
- Financial Analysis
- Auditing
- Team Management
- Tax
- Accounting
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