Bala Sravani Konakalla

Business Analyst @ TCS | Specialized in Financial Analysis | Financial Modelling | Financial Planning - SAP BPC

Role: Business Analyst at Tata Consultancy Services
Location: Hyderabad, IN
LinkedIn followers: 500 followers

General Business & ManagementView LinkedIn profile

About Bala Sravani Konakalla

An impact-driven finance professional at Tata Consultancy Services with expertise in…

Experience

Business Analyst
Tata Consultancy Services
Jun 2024 — Present · Hyderabad, IN
Key Responsibilities – 1. Financial Forecasting & Analysis: Integrated the real-time foreign exchange (FX) data into SAP BPC, enhancing the accuracy of multi-currency financial forecasts and empowering clients with robust scenario-planning and risk assessment capabilities.2. Data Integrity & Financial Close: Executed critical Role Forward activities with 100% accuracy by transferring prior-period closing balances into new periods for month-end and quarter-end closes safeguarding data integrity for regulatory reporting.3. Advanced Financial Modeling & Automation: Re-engineered logic scripts to automate complex financial calculations and currency translations, directly improving the speed and reliability of the core consolidation process.4. Functional Testing & Controls Validation: Led comprehensive functional checkouts of the environment, validating system integrity across all financial planning, budgeting, and consolidation modules to ensure unwavering system reliability for stakeholders.5. Role ID Administration & Access Controls: Created and updated Role IDs and “cost-center mappings” within the BPC security model, applying Excel automation to accelerate provisioning and audit readiness.6. Strategic Innovation: Proposed a pioneering \"Finance Digital Twin\" concept—an AI-driven, real-time virtual replica of a company\'s financial ecosystem—to enable dynamic what-if analysis.Competencies – 1. Tools & platforms: SAP BPC, Excel (Advanced).2. Finance & Analytics: Financial forecasting, Multi-currency (FX) forecasting, Financial consolidation, Currency translation.3. Data & automation: Script automation, Role-forward activities, Data integrity, Cost-center mapping.4. Strategy & innovation: Scenario planning, Finance Digital Twin.

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Current company

Tata Consultancy Services

IT Services and IT Consulting · 726K employees · Founded 1968 · Mumbai, India

Tata Consultancy Services (TCS) is the technology partner of choice for industry leading organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation, engineering excellence, and customer service. It has set an aspiration to become the world's largest AI-led technology services company and is enabling its clients to transform themselves across the full AI stack, from infrastructure to intelligence. Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its investors, its employees, and the community at large. With a highly skilled workforce spread across 55 countries and 202 service delivery centers across the world, the company has been recognized as a top employer in six continents. With the ability to rapidly apply and scale new technologies, the company has built long term partnerships with its clients – helping them emerge as perpetually adaptive enterprises. Many of these relationships have endured into decades and navigated every technology cycle, from mainframes in the 1970s to artificial intelligence today. TCS sponsors 14 of the world’s most prestigious marathons and endurance events, including the TCS New York City Marathon, TCS London Marathon and TCS Sydney Marathon with a focus on promoting health, sustainability, and community empowerment. Caution against fraudulent job offers: TCS doesn’t charge any fee throughout the recruitment process. Refer here: https://www.tcs.com/careers/india/recruitment-fraud-alert

tcs.com

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