Rakesh Mulakkal Divakaran
Senior Finance Manager @Atos
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WORK HISTORY
Senior Finance Manager @Atos
Chennai, IN
Own the process for preparing financial statements and financial models, including scenario planning.Define processes for monthly, quarterly and annual financial budgeting, forecasting and long-range planning.Drive and improve existing management reporting to be more accurate and timely.Analyze financial results to determine key takeaways and recommendations for senior management.Lead ad hoc financial modeling and reporting for special projects.Partner with IT and the broader organization to improve forecasting through automation and system optimization.Work closely with the leadership team to formulate short- to long-term financial and strategic plans.Analyze financial and operational results to better understand the company\'s overall financial health.Evaluate previous budgets and collaborate with business unit leaders to build their annual budgets and forecasts.Produce models to project long-term growth, accounting for factors that will impact performance.Provide detailed analysis and commentary on the performance of a product or department.Communicate results and recommendations to senior management that will lead to revenue generation, cost reduction and more efficient operations.Analyze financial data and use financial models for forecasting.Track revenue and gross margin by business unit and expenses by cost center.Prepare reports on financial performance tailored to the needs of leadership.Evaluate financial performance by comparing and analyzing actual results with plans and forecasts.Study and analyze trends and forecasts to inform recommended actions.Establish policies and procedures that guide cost analyses.
EDUCATION
Loyola College
Bachelor of Commerce (B.Com.), E-Commerce/Electronic Commerce
Symbiosis College of Arts & Commerce
MBA Financial Management, Finance and Financial Management Services
Atos CFC
Finance Business Partnering, Finance & Leadership
Indian Institute of Management, Kozhikode
Business Strategies
ABOUT RAKESH MULAKKAL DIVAKARAN
BUDGETING & FORECASTING- Creating annual and multi-year budgets with departmental breakdowns- Establish a rolling forecast for continuous fiscal planning- Conduct regular budget performance meetings with each department head.CASH FLOW MANAGEMENT- Implement a rolling 16-week cash flow forecast to monitor inflows and outflows- Implement multi-year cash flow forecast integrated with multi-year income statement and balance sheet forecasts- Evaluate the impact of cash flow financing strategies and scenarios on critical cash flow and solvency ratios.FINANCIAL ANALYSIS & WORKING CAPITAL- Track financial covenants and ensure current and projected compliance- Use vertical, horizontal, and benchmark financial statement analysis for financial performance trends- Define custom KPIs aligned with business strategy and monitor real-time via a customized dashboard- Standardize trade term negotiations and enforcement and implement efficient accounts receivable collections.CAPITAL STRUCTURE & RISK MANAGEMENT- Monitor current and projected solvency ratios to ensure covenant compliance and financial health- Regularly monitor the market for financing opportunities and borrowing cost savings- Ensure that all significant financial risks (credit, interest rates, currency, liquidity) are identified, quantified and managed- Implement mitigation strategies for market risks (interest rate hedging, foreign exchange hedging, diversification.FINANCIAL REPORTING & TAX PLANNING- Utilize available tax incentives and credits and implement tax-efficient business strategies that meet long-term business objectives- Regularly review the organisation\'s transfer pricing policies- Ensure timely and accurate financial statements- Implement strong internal controls for financial reporting.COST ACCOUNTING & CAPITAL INVESTMENTS- Regularly review cost drivers and update standards with regular cost variance analysis- Ensure cost accounting reports support strategic decisions- Apply a rigorous capital budgeting process for major investments- Use techniques like NPV, IRR and payback period analysis.STRATEGIC PLANNING & PEOPLE MANAGEMENT- Develop and maintain a rolling 5-year financial plan, use scenario planning to assess the future financial performances- Foster a positive, collaborative and innovative culture, implement effective talent management strategies- Develop and implement a succession plan for key roles, provide ongoing development opportunities for team members.MERGERS & ACQUISITIONS, ESG MANAGEMENT & TECHNOLOGY AND DIGITAL
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