Kalpan Nanavaty

About Kalpan Nanavaty

Solutioning & Business Development – Digital Finance Transformation:o Solution lead & client relationship management for proposal of INR 30-37 million for India based food service company. Developed single solution, combining RPA, API based data extraction>> Data load and transformation using ETL tool>>BlackLine based matching>>Power BI led reporting, for 33 revenue reconciliation use cases o Lead for BlackLine Market Development - Performed demo of matching module and intercompany Finance Management module (IFM – Create and Balance & Resolve) of BlackLine for large size clients in automotive industryo Developed proposal for solutioning of fast close (for large volume vs small volume entities), record to report operating model optimization and Finance KPI frameworkKey Projects, with Quantifiable Value Added- Delivered ~$900K annual saving for discount capture rate for indirect spend- Order to Cash Transformation (Results: QoQ 20 day’s reduction in DSO, 22% reduction in past dues over 6 months)- Led build up & stabilization of record to report function (achieved 80% reduction over 6 months in reconciliation rejections)- Saved ~280 man hours p.a. by automating FP & A reports, through point automation initiativesDelivery of Finance Function Transformation- Identification of improvement opportunities and defining multi year road map for market leader in India for consumer goods retail - Chart of Accounts Harmonization – Property & Casualty Insurance Major (Location: Dubai)- GL master data (Chart of Accounts) optimization project for US based telecom major in Oracle ERPAnalytics project to drive reduction in invoicing exceptions, reduction of journal postings- Project Management, Stakeholder Engagement & Value Delivery as part of Transformation Office, for US based custodian bankShared Service Design & Optimization- Managed Target Operating Model Design for shared services, skill set assessment and location split for delivery of GL accounting operations for Canada based Telecom Major- Business case design, shared service target operating model, process split, SLA/OLA design, workload analysis & for Hong Kong based retail major- Site Strategy and Location Selection Consulting for US Based Energy Major- Set up of F&A Operations from 2 shared service centers in Poland and Mexico to India for accounts payable, accounts receivable and bank reconciliation

Experience

1. Senior Manager

   EY

   Sep 2024 — Present · Bangalore Urban, IN

Education

• The Institute of Chartered Accountants of India

  Associate Chartered Accountant, Accounting, Finance, Cost Management, Controls & Compliance

  1999 — 2005

• Gujarat University

  Master of Commerce, Accounting and Finance, Business Management

  1999 — 2004

• INSEAD

  Strategic Transformation Advisor, Strategic Thinking, CXO Engagement, Co Creation, Ecosystem Development, Creative Thinking

Skills

• Corporate Finance
• Internal Audit
• Financial Analysis
• IT Audit
• Management Consulting
• Business Analysis
• Financial Risk
• Erp
• Financial Accounting
• Audit
• Sarbanes-Oxley Act
• Financial Modeling
• Risk Management
• Accounting
• Business Transformation
• Sap R/3
• Shared Service Set Up Advisory
• Management Information Systems (Mis)
• Enterprise Risk Management
• IT Strategy
• Governance
• Business Process Improvement
• Managerial Finance
• Sap
• Ifrs
• Financial Audits
• Internal Controls
• Mis
• Finance Process Consulting
• Enterprise Resource Planning (Erp)
• Auditing
• Sap Products
• Tax
• Shared Services
• Finance
• Consulting
• Financial Reporting
• Business Process
• Business Process Re-Engineering
• Consolidation